Ballantyne Real Estate: April 2023

Ballantyne/28277 Zip Code Housing Market Update April 2023

Ballantyne real estate market in April 2023 saw home sales increase to their highest level since October 2023. Housing inventory and new listings decreased in April. Days on market were down to just 14 days. List to sale price ratio increased to just under 101% in April to its highest level in some seven months.

Ballantyne Real Estate: March 2023

Ballantyne area (28277 zip code) housing market update March 2023

Ballantyne real estate market in March 2023 saw home sales increase to their highest level since October 2022. Average days on market were at their lowest since September 2022. Home prices increased to their highest levels since November 2022. List to sale price ratio also at its highest level since October 2022.

Ballantyne Real Estate: February 2023

Housing Market Update For Charlotte's Ballantyne Area February 2023

Ballantyne real estate market in February 2023 saw lower home prices year-over-year and month-over-month. Days on market were at their highest level in three years. Sales declined to their lowest level in three years. Housing inventory was at its lowest level since June 2022.

Ballantyne Real Estate: January 2023

Ballantyne Area/28277 Zip Code Housing Market Update January 2023

Ballantyne real estate market in January 2023 saw higher home prices and new listings down 23.8% year-over-year. Average days on market increased to 41 days. Sellers saw a lower list price to final sale price at 97.4%. Closed and pending sales were down. Inventory down month-over-month, but up year-over-year.

Ballantyne Real Estate: December 2022

Ballantyne (28277 Zip Code) Home Sales Report: December 2022

Ballantyne real estate market in December 2022 saw higher home prices and new listings down 58.4% year-over-year. Months supply of inventory was under one month at 0.8 months, which is extremely low. Days on market increased. Sellers saw a lower median list price to final sale price at 96.4%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 is over in the Ballantyne area.

Ballantyne Real Estate: November 2022

Ballantyne Area (28277 Zip Code) Home Sales Report November 2022

Ballantyne real estate market in November 2022 saw higher home prices and new listings down 44.4% year-over-year. Days on market increased to about one month. Sellers saw a lower median list price to final sale price at 96.2%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 has come to an end in the Ballantyne area.

Ballantyne Real Estate: October 2022

Ballantyne/28277 Zip Code Housing Market Update October 2022

Ballantyne real estate market in October 2022 saw much higher home prices and new listings down 41.2% year-over-year. Median days on market remained relatively low at 10 days. Sellers saw a lower median list price to final sale price at 98.9%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 appears to have come to an end in Ballantyne.

Ballantyne Real Estate: September 2022

Ballantyne (28277 Zip Code) Home Sales Snapshot September 2022

Ballantyne real estate market in September 2022 saw higher home prices and new listings down. Homes continued to sell relatively quickly. Sellers saw a lower median list price to final sale price at 99.4%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 appears to have come to an end in Ballantyne.

Ballantyne Real Estate: August 2022

Ballantyne (28277 Zip Code) Housing Market Snapshot August 2022

Ballantyne real estate market continued to favor home sellers in August 2022 with higher home prices and new listings down. Homes continued to sell quickly. Sellers saw median 100% of list price in final sale price. Closed and pending sales were down, however, due at least in part to buyers pulling back in the face of interest rate increases. The “feeding frenzy” of summer 2021 seems to have come to an end in Ballantyne.

Ballantyne Real Estate Report: July 2022

Ballantyne/28277 Zip Code Home Sales Report July 2022

Ballantyne real estate market continued to favor home sellers in July 2022 with higher home prices and months supply of inventory at just over one month. Homes continued to sell quickly. Sellers saw 101.5% of list price in final sale price. Closed and pending sales were down, however, most likely due to buyers pulling back in the face of interest rate increases. The “feeding frenzy” of summer 2021 seems to have come to an end in Ballantyne.