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Meriwether in Indian Trail NC—2010 Real Estate Market Update
A great neighborhood for first time homebuyers, Meriwether in Indian Trail NC is located in the Sun Valley area where schools, shopping and restaurants are nearby.
Neighborhood amenities include a swimming pool, fishing lake, walking trails and volleyball and basketball courts.
A number of small ranch homes can be found in Meriwether. Most homes in the neighborhood have one or two-car garages.
How did the 2010 real estate market in Meriwether compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Nineteen homes sold in the neighborhood each year.
Meriwether Real Estate Market Comparison
With foreclosures and short sales making up about 58% of 2010 sales in Meriwether, the median sales price dropped 5.9% from 2009 to 2010. The median square footage of homes sold in 2010 dropped 8.3% indicating that home sellers in Meriwether were receiving less for their homes. Median days on the market increased 60% year over year while the median list to sale ratio dropped to 96%.
Single Family Homes
| Meriwether Single Family Market Update |
Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $127,000 | 1238 | 43 | 97% |
| Year 2010 | $119,500 | 1351 | 69 | 96% |
Source: Carolina Multiple Listing Service
Meriwether Types of Closed Sales
| Meriwether Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 8 | 42.1% |
| New Construction | n/a | n/a |
| Foreclosure | 10 | 52.6% |
| Short Sale | 1 | 5.3% |
Source: Carolina Multiple Listing Service
Read more about Meriwether, its community amenities, builders and public schools: Meriwether in Indian Trail NC: Homes for Sale and Neighborhood Profile
Meriwether Homes for Sale
Click here to find Meriwether homes for sale.
Ever wonder what your Meriwether home is worth?
Click here to receive a free market evaluation.
Copyright 2011. Carol Fox. Allen Tate Realtors. *Meriwether in Indian Trail NC—2010 Real Estate Market Update*
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Featured Neighborhood: Meriwether Home & Real Estate For Sale
When you are ready to look at homes (or have one to sell) in Meriwether of Indian Trail NC give me a call. I would love the opportunity to earn your business! Wendy at 704.604.6115.
View Meriwether Neighborhood in Indian Trail NC in a larger map
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Copyright 2011 by Wendy Richards, All Rights Reserved, "Indian Trail NC Home Update - Featured Neighborhood: Meriwether Home & Real Estate For Sale"
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Indian Trail NC Homes for Sale--3015 Salmon River
Don't miss 3015 Salmon River Drive in the Meriwether neighborhood. This Indian Trail NC home for sale is perfect for first time home buyers.
Pride of ownership shows in the wonderfully maintained ranch home. A step through the front door reveals a bright open floorplan with a smooth cathedral ceiling and multiple windows adding to the spacious feel of the home.
A gas log fireplace with pretty mantel and TV niche is the focal point of the great room. This room is large enough for two seating areas: one at the fireplace with an updated paddle fan above and the other in a corner flanked by two windows.
A lovely updated chandelier highlights the dining area where double windows flood the room with sunshine and a French door provides access to the yard. A breakfast bar separates the dining room from the adjacent kitchen.
Add your decorating touches above the raised panel cabinetry with crown molding. Abundant counterspace provides plenty of workspace. The adjacent laundry room includes pantry space. The refrigerator, stove, microwave, and washer/dryer remain.
Find excellent wallspace for your furniture in the spacious master bedroom suite with cathedral ceiling. This room includes a large walk-in closet and full bath. Window shades and blinds remain throughout the home.
Three secondary bedrooms make this affordable ranch home a rare find. Use the fourth bedroom for guests or a home office. All bedrooms have large double or walk-in closets. A hall bath with tub/shower completes the bedroom wing of the house.
Enjoy outdoor activities in the large backyard with new picket fencing and a privacy fence along the back. The common area beyond the back fence provides a wooded backdrop. The front yard has an irrigation system. A children's play set remains.
This home is in Meriwether, a neighborhood conveniently located near the Sun Valley schools, shopping, and restaurants. Neighborhood amenities include a fishing lake, pool and clubhouse, volleyball and basketball courts and walking trails.
Copyright 2009. Carol Fox. Allen Tate Realtors. *Indian Trail NC Homes for Sale--3015 Salmon River*
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Meriwether in Indian Trail NC—Homes for Sale and Neighborhood Profile
Click here for an update to the 2010 real estate market in Meriwether.
Meriwether in Indian Trail NC is a great neighborhood for first time home buyers. Homes in the Meriwether community are more affordable than many Indian Trail neighborhoods built in the late 1990s and early 2000s. Home styles in Meriwether include small ranches with open floor plans as well as two-story homes. Most homes have one or two-car garages.
The Meriwether neighborhood has two sections, one on each side of Rogers Road. Each section was designed to have a village atmosphere with the eastern village consisting of larger homes and the western village emphasizing starter homes with ranches predominating. Both villages have access to the Meriwether neighborhood amenities, including a fishing lake, clubhouse and pool, volleyball and basketball courts and walking trails.
Meriwether is located in the Sun Valley area about midway between Matthews and Monroe. A grocery store, a bank, restaurants, coffee shop and service businesses are nearby with big box retailers within five miles of the neighborhood. The Shiloh/Sun Valley schools complex is within two miles of the neighborhood.
Map of Meriwether in Indian Trail NC
View Meriwether Neighborhood in Indian Trail NC in a larger map
Meriwether Community Features
Community Amenities: Meriwether Homeowners Association, neighborhood clubhouse and swimming pool, fishing lake, volleyball and basketball courts, walking trails, open space
Builders: Mulvaney
Schools: Shiloh Elementary, Sun Valley Middle, Sun Valley High. School assignments are subject to change. Check with the Union County Public Schools for current school assignments.
Meriwether Real Estate Market Update
January to November 2009
Homes Sold: 18 single family homes
Prices: $98,850 to $157,000 Average Sales Price: $126,544
Average Square Feet: 1425
Average Days on Market: 92
Source: Carolina Multiple Listing Service
Meriwether Homes for Sale
Click here to find Meriwether homes for sale.
Ever wonder what your Meriwether home is worth?
Click here to receive a free market evaluation.
Copyright 2009. Carol Fox. Allen Tate Realtors. *Meriwether in Indian Trail NC—Homes for Sale and Neighborhood Profile*
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