You can find resort-style living in Matthews NC. Discover Callonwood, where a landscaped traffic circle invites you into the neighborhood. Across the circle, the Callonwood amenity center beckons you to try out the water slide or to just lounge around the pool on a hot summer day. Use the information on this page to search Callonwood homes for sale and learn about Callonwood home values.
Are you a single looking for your first home? An empty nester wanting to downsize into a one-level home? Or a family with children needing a home with plenty of bedrooms and space? You'll find the perfect home for every lifestyle among Callonwood's approximately five hundred homes.
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Callonwood homes for sale include attached townhomes, charming bungalows, pretty two-story homes with craftsman details and elegant estate homes with brick fronts or full-brick facades. The homes line winding streets with pocket parks and common areas providing natural areas for residents' enjoyment.
Callonwood construction began in 2003 and most of the neighborhood was finished by 2010. The last homes were completed in 2014. Three builders were active in the community: Westport Homes, MI Homes and Orleans. Most homes are single family homes but there is an attached townhome section near the amenity center and pool.
Front porches welcome you to the craftsman style homes in Callonwood. Homes for sale come in all sizes. You can find homes as small as 1300 square feet or as large as 3000 square feet in the older section of the neighborhood.
The average heated area is approximately 2700 square feet. All single family homes have one or two-car garages.
Many Callonwood homes are perfect for Matthews active adults and seniors.
If you are looking for one-level, low-maintenance living, you may find the perfect ranch home. Some sections of the neighborhood have small lots where yard work is kept to a minimum. Sidewalks make the community very walkable.
Need a larger home for your family? You'll find it in the estates section of the community. Here you will find two and three-story homes that range from 3000 to over 5000 square feet in size. These homes will have five and six bedrooms.
If a totally maintenance-free home is your preference, Callonwood offers beautiful townhomes. These attached two-story homes offer handsome craftsman styling with stone accents. Each townhome includes a detached two-car garage with rear alley access.
The smallest floorplan in the Callonwood Townhomes has 1000-1100 square feet heated. The largest has slightly over 1500 square feet. The largest units include a first floor master suite.
The townhomes are within walking distance of the amenity center and swimming pool. Home values for the townhomes have risen in recent years like the single family homes.
The table on the right shows the average sales price for single family homes in Callonwood from January 2014 through January 2017. The average sales price increased over 23% between these dates. By November 2017, the average price had increased an additional 7%.
Growth in the Callonwood average sales price leveled off between 2016 and 2017. December 2017 statistics show that Callonwood home values remained stable in 2017.
Average Sales Price
The average sales price for Callonwood townhomes also grew from January 2014 through January 2017 although not as rapidly as the single family homes. The table on the right shows the the average price was fairly stable in 2015 and 2016.
By January 2017, increases in the average sales price picked up culminating in a 13.7% increase. Prices grew rapidly during 2017 adding another 8.2% increase by November 2017.
Average Sales Price
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Months Supply (January)
The table at the left shows how many homes were sold in Callonwood each year since 2014. It shows a decline in sales since 2014. This probably reflects the overall decline in inventory characteristic of the entire Matthews NC real estate market.
To determine whether, Callonwood has a buyer's market or a seller's market, the number of homes available must be compared to the number of homes sold. This comparison results in month's supply of homes.
Generally, a seller's market has fewer than five months of supply, a balanced market has five to seven months of supply and a buyer's market has more than seven months of supply. Callonwood has ranged from 1.5 to 2.3 months of supply for the last four years. Clearly the neighborhood is in a seller's market. The price appreciation of Callonwood homes reflects the seller's market.
Average days on market and the list to sale ratio provide more evidence that Callonwood home values have risen in the past four years. In 2014 and 2015, it took almost two months on average for a Callonwood home to go under contract. By 2016 and 2017, average days on market had dropped to fewer than 20 days.
Callonwood homes sold much higher relative to the asking price as days on market declined. In 2014 and 2015, a homeowner could expect to negotiate 4% to 5% off their asking price. By 2016 and 2017, the average list to sale ratio was approximately 98% to 99%.
Days on Market
List to Sale Ratio
Callonwood's resort-like lifestyle is evident when you drive into the neighborhood. A pretty parkway leads you to a landscaped traffic circle dominated by the community's two-story clubhouse. This clubhouse is the centerpiece of an amenity center that includes a beautiful swimming pool. The neighborhood's townhomes as well as many of its single family homes are within walking distance of the amenity center.
A variety of social activities take place at the amenity center. Clubs include a book club, WOW (Women on Wednesdays), and the Callonwood Bunco Club. The neighborhood also has a swim team.
Common areas near the back of the neighborhood include the Callonwood Residents Park. Here you will find a playground/picnic area and sports fields for baseball and soccer.
Two homeowners associations serve Callonwood residents. The Callonwood Homeowners Association covers the entire neighborhood. HOA committees include the Architectural Review Committee, Lighting and Landscaping, Pool and Swim Team and Social. The townhome section is governed by the Callonwood Townhome association as well.
A great location is one of the reasons so many people search Callonwood homes for sale. You'll find the neighborhood in Stallings, adjacent to the Town of Matthews. This location in Union County is perfect for someone who wants a quiet location with neighborhood amenities conveniently near community shopping and recreational opportunities. Nearby Interstate 485 offers access to other parts of the Charlotte area.
Several community shopping centers with grocery stores, pharmacies and restaurants are just minutes away. A short drive takes you into quaint downtown Matthews with its parks, festivals, farmers market, library, restaurants, taprooms and other shops. Learn more about living in Matthews here.
The public schools serving Callonwood are part of the Union County Public Schools (USPS). Callonwood students are currently assigned to Indian Trail Elementary, Sun Valley Middle School and Sun Valley High School. Pupil assignment is always subject to change. Be sure to check with UCPS for current assignment.
Several charter and private schools are also within a few miles of Callonwood. Additionally, child care and pre-school facilities are available within a few miles of the community.
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