Ballantyne Real Estate Report: May 2021
Ballantyne remained a seller’s market in May 2021. Months supply of inventory was down 60% compared with May 2020 with just a 0.6 months supply. Housing inventory was down 51.8% year-over-year, resulting in lower days on market, higher home prices with sellers receiving a median 102.8% of asking price in final sale price. The Ballantyne housing market has fully recovered from the effects of the pandemic just one year ago.