Ballantyne Real Estate Report: January 2020

Ballantyne remained a seller’s market in January 2020. Both median and average home prices were up significantly, new listings and inventory were down significantly. Months supply of inventory was sharply down compared with January 2019 — down to just 1 month. Closed and pending sales both increased in the first month of the year.

Ballantyne Real Estate Report: January 2020

 

Latest news on the Ballantyne real estate market and what it means for you…

Average Ballantyne home sale prices increased 11.7% in January 2020 compared with the same month one year ago. Median home sale prices increased 15.9% in January. Home sellers received 96.7% of list price in final sale price. January was the eighth consecutive month we saw an increase in home sale prices year-over-year.

Ballantyne homes continue to sell quickly with Median Days on Market at 36 days, down 3 days compared with one year ago. Average Days on Market were 47 days, down 16 days compared with the same month one year ago. Average Price Per Square Foot increased 7.5% to $157/square foot in January 2020 compared with one year ago.

Closed sales increased 1.3%, while pending sales increased 17% in January year-over-year in the Ballantyne area. 

Ballantyne’s months supply of homes remained low at 1 month (down from 2.2 months one year ago). This coupled with a 51% drop in housing inventory and a drop of 15.2% in new listings in January, kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.

 

 

Want to know what this would mean for your family if you decide to buy or sell a Ballantyne home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

                                          

Ballantyne Housing Market Highlights: January 2020 Versus January 2019

Ballantyne Real Estate Update January 2020

Median Home Price Trends In Ballantyne

Find Your Ballantyne Dream Home

 

It’s easy to find your Ballantyne area dream home at GreatHomesInCharlotte.com. 

Find Your Dream Home at www.GreatHomesInCharlotte.com

 

And don’t miss out on the newest home listings in Ballantyne. Sign up to receive email notification of homes as soon as they come on the market. You can customize your search to your specific needs and always be the first to know what’s coming on the market in the Charlotte area.

 


 FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

12 HOTTEST BALLANTYNE AREA NEIGHBORHOODS

Hot Ballantyne Neighborhoods

 

What Is Your Ballantyne Home Worth?

Wondering what your Ballantyne home is worth in today’s market? Find out by clicking on the picture below.  

If you’re thinking about selling your Ballantyne area home, let’s get together and discuss the supply conditions in your Ballantyne neighborhood and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

 

 

Contact us if you’d like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

We’re happy to provide this information with no obligation on your part.

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE


 


Previous Ballantyne Housing Market Updates

Whether You’re Buying Or Selling A Ballantyne Home…

… The Right Broker Makes All The Difference!

 

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 and have been your Ballantyne neighbors since 2001.

If you’re considering selling or purchasing a home in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you how:

 “The Right Broker Makes All The Difference.”

 

Great Homes In Charlotte


 

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