Ballantyne Housing Market Update/Video: February 2019. Average and median Ballantyne home sale prices saw a significant increase in February, both up by double digits. Despite an increase in days on market, homes are still selling within two months on average. The months supply of homes at 1.9 months and a 21.1% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.
Video Update For The Ballantyne Housing Market: February 2019
Ballantyne Area In South Charlotte Remained A Seller’s Market in January 2019 Despite Lower Closed Sales & Prices
- Average sale price of Ballantyne area homes increased in February 2019 33% to $453,894 compared with the same period one year ago.
- Median sale price in February 2019 increased 25% versus one year ago to $390,251.
- Average days on market for property listings in Ballantyne were 62 days in February 2019 (up 21 days compared with one year ago).
- Median days on market stood at 40 days in February 2019, up 29 days compared with one year ago.
- Average price per square foot increased by 11.3% to $157/square foot ($16/square foot increase) in February 2019 versus the same period in 2018.
- Pending sales in Ballantyne were down 5.2% in February 2019 versus the same month last year.
- Closed sales in Ballantyne were down 18.6% compared with the same month one year ago.
- New listings in Ballantyne decreased 21.1% versus February 2018.
- Months supply of inventory remained low at 1.9 months keeping Ballantyne a seller’s market.
- Median percent of original list price that sellers received for their homes was 97.4%.
Ballantyne Area Hot Neighborhoods To Watch In 2019
Find Your Ballantyne Area Dream Home
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Find Out What Your Ballantyne Area Home Is Worth
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Previous Housing Market Updates For Charlotte’s Ballantyne Area
Buying Or Selling A Home In The Ballantyne Area…
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This Charlotte, North Carolina real estate monthly update for Ballantyne is brought to you by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Ballantyne area specialists and neighbors and Charlotte metro area residential real estate experts. We’ve been opening doors for Ballantyne area home buyers and sellers for 20+ years.
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Ballantyne Area Homes For Sale
- Video Update For The Ballantyne Housing Market: February 2019
- Ballantyne Area In South Charlotte Remained A Seller's Market in January 2019 Despite Lower Closed Sales & Prices
- Ballantyne Area Hot Neighborhoods To Watch In 2019
- Find Your Ballantyne Area Dream Home
- Find Out What Your Ballantyne Area Home Is Worth
- Previous Housing Market Updates For Charlotte's Ballantyne Area
- Buying Or Selling A Home In The Ballantyne Area...
- Ballantyne Area Homes For Sale