What's my Shannamara home worth? Are Shannamara home values increasing or decreasing? Learn about the real estate market in the first quarter of 2017 in this home values report.
Shannamara is a community of over 700 homes located in the Stevens Mill area of Matthews NC. Built over a period of ten years, the neighborhood includes a variety of home types where you can find a small ranch, a generous-sized two-story home or a basement home. The Divide golf course winds through the neighborhood allowing some homeowners to be on the golf course or have golf course views. You can also find some waterfront homes around a private lake in the community.
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Inventory continued to be tight with only seven homes sold. The average sales price in Shannamara in the first quarter was $379,071, a 5.5% increase over the average sales price in 2016.
The list to sale price ratio averaged 97.58%. These homes were on the market an average of 81 days before going under contract.
Click here to see a 2016 Shannamara home values report.
6160 Abergele Ln
6103 Abergele Ln
9114 Tenby Ln
914 Bailey Ct
856 Clonmel Dr
8109 Glamorgan Ln
2202 Caenarfon Ln
Source: Carolina Regional Realtors Association
There are currently 7 homes for sale in Shannamara. They range in price from $374,900 to $525,000. The smallest home has 2948 square feet and the largest has 4361 square feet.
Four Shannamara homes are currently under contract ranging in price from $369,000 to $395,000. Days on market for these homes averaged 24 days.
Thank you for visiting my profile and getting to know me. My husband and I moved to the Matthews area over thirty years ago and have enjoyed watching Charlotte and the surrounding areas grow into the dynamic region it is today. I have specialized in Matthews, South Charlotte, Mint Hill, Weddington, Waxhaw, Indian Trail and the other small towns of Union County for over 30 years. I can walk in your shoes whether you are a buyer or a seller. Every year half of my real estate practice is devoted to helping buyers find the right home and neighborhood and half is devoted to helping sellers get the greatest reward from selling their real estate.