Ballantyne Real Estate: 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.