ballantyne real estate report june 2020

Ballantyne remained a seller’s market in June 2020. Months supply of inventory was sharply down (47.8%) compared with June 2019 to 1.2 months. Housing inventory was down 50.4% year-over-year, resulting in lower days on market and higher pending sales. Pandemic related issues contributed to contribute to the lack of inventory and lower closed sales in June.