ballantyne real estate report january 2022

Ballantyne remained a home seller’s market in January 2022. Months supply of inventory was down 50% compared with January 2021 with just a 0.3 months supply of homes. Housing inventory was down 54.2% year-over-year, resulting in fewer days on market, higher home prices, and sellers receiving a median 100.6% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.