ballantyne real estate report february 2022

Ballantyne remained a home seller’s market in February 2022. Months supply of inventory was down 50% compared with February 2021 with just a 0.3 months supply of homes. Housing inventory was down 52% year-over-year, resulting in fewer days on market, higher home prices, and sellers receiving a median 103.2% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.