ballantyne real estate report november 2021

Ballantyne remained a home seller’s market in November 2021. Months supply of inventory was down 55.6% compared with November 2020 with just a 0.4 months supply of homes. Housing inventory was down 50% year-over-year, resulting in fewer days on market, higher home prices with sellers receiving a median 100.4% of list price in sale price. Ballantyne area’s inventory is at historic lows resulting in lower closed and pending sales.