Palisades Home Sales: Q4-2023
Palisades Home Sales in Charlotte, NC
Real Estate Report & Neighborhood Spotlight: Quarter 4 – 2023
Palisades home sales in Q4-2023 saw a slight softening in average sale price in Quarter 4-2023, while median sale price increased 7% compared with the same quarter one year ago. With a wide range in home prices in The Palisades, the decrease in home prices is to some extent a result of the price mix of homes that sold in the most recent quarter. The highest sale price in The Palisades in 2023 was $1,390,000; the lowest sale price was $457,500. The list to sale price ratio has remained relatively steady at 98.44% throughout the year. The days on market increased to 45 days, down compared with the same quarter one year ago and up compared with Quarters Three and Four 2023. The number of homes sold in the Fourth Quarter declined considerably at 15 compared with one year ago, as well as compared with the first three quarters of 2023.
PALISADES HOME SALES SNAPSHOT: QUARTER 4 – 2023
PALISADES HOME SALES SNAPSHOT: QUARTER 3 – 2023
PALISADES HOME SALES SNAPSHOT: QUARTER 2 – 2023
PALISADES HOME SALES SNAPSHOT: QUARTER 1 – 2023
MEDIAN SALE PRICE TRENDS FOR HOMES IN THE PALISADES
(ROLLING 12 MONTHS)
To track sales in The Palisades “real time,” click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Palisades home sales.
Regency at Palisades, an Active Adult (not age-restricted) neighborhood within The Palisades community, experienced a softening in median home price in Quarter 4-2023 year-over-year, while the average home sale price increased slightly. The number of properties sold was substantially down compared with one year ago. This was due primarily to the fact that new construction had been completed in this part of The Palisades. Average days on market increased from the same quarter one year ago. At 150 days, it was also the highest number of days on market we saw all year. But it should be pointed out that remaining new construction homes that hadn’t sold skewed the DOM statistic. 13 of the 30 homes sold in 2023 were new construction. The list to sale price ratio was just under 99% in this most recent quarter, down year-over-year, but flat quarter-over-quarter.
REGENCY AT PALISADES HOME SALES SNAPSHOT: QUARTER 4 – 2023
REGENCY AT PALISADES HOME SALES SNAPSHOT: QUARTER 3 – 2023
REGENCY AT PALISADES HOME SALES SNAPSHOT: QUARTER 2 – 2023
REGENCY AT PALISADES HOME SALES SNAPSHOT: QUARTER 1 – 2023
MEDIAN SALE PRICE TRENDS IN REGENCY AT PALISADES
(ROLLING 12 MONTHS)
To track sales in Regency at Palisades “real time,” click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Palisades home sales.
WHAT TO KNOW ABOUT THE PALISADES IN CHARLOTTE
The Palisades is a 1,600 acre master planned community in Southwest Charlotte, just off of Hwy 49 and situated around Lake Wylie, Charlotte area’s second largest lake. Homes in The Palisades range in price from the mid-$400,000’s to over $1.5 million, with prices averaging in the higher $600,000’s. Homes range in size from 2,400+ square feet to over 5,000 square feet. Builders have included Niblock, Toll Brothers, Lennar Homes, Ryland, Standard Pacific, Shea Homes, St, Lawrence, and custom builders (Harris Construction, Kingswood, Jordan James, Stanley Martin, Arcadia, amongst others). Homes were first built in 2005 and there is still new construction in The Palisades today.
The Palisades community is comprised of some 20 neighborhoods. These include: Ashton Oaks (custom homes); Austin’s Creek; Bear Creek (gated); Briar Cliff; Crosshaven; Eagles Landing (gated); Highcliff; Lantern; Marbella; Montage; Morningside; Regency at Palisades; Rusty Creek; The Ranch (gated equestrian neighborhood); Treetops (custom homes); Turtle Point; Westerham (gated 11 home enclave); Whispering Pines.
Community amenities for all residents in The Palisades include a Clubhouse, outdoor pool, playground, tennis courts, walking trails. Additional private, membership amenities include the Palisades Country Club, which features an 18-hole Jack Nicklaus Golf Course, a Tim Wilkinson Sports complex with grass tennis courts, hard tennis court, clay courts; a yoga center, state of the art fitness center; dining options. Palisades Park offers soccer fields. There’s also an equestrian center and the Catawba Yacht Club, the Carolina Boat Club. The 1,132 acre McDowell Nature Preserve is also minutes away. This is resort-style living at its best.
CLOSE TO EVERYTHING CHARLOTTE HAS TO OFFER
With just a 30-minute ride to Uptown Charlotte, residents easily enjoy theatre, professional sports, ballet, opera, symphony and a plethora of dining options, museums and more. Local shopping is just 10 minutes away at the Rivergate Shopping Center. Baxter Town Center is just 15 minutes away. Charlotte Premium Outlets and Berewick Town Center are also just 15 minutes away from The Palisades. All the amenities and shopping in Charlotte’s upscale South Park area are just under 30 minutes away.
SEARCH FOR HOMES FOR SALE IN THE PALISADES
SEARCH FOR REGENCY AT PALISADES HOMES FOR SALE
SEARCH FOR CHARLOTTE GOLF COURSE COMMUNITY HOMES
SEARCH FOR HOMES IN SOUTHWEST CHARLOTTE
WONDERING WHAT YOUR 28278 ZIP CODE OR PALISADES HOME IS WORTH?
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