Ballantyne Real Estate Report: December 2021
Ballantyne remained a home seller’s market in December 2021. Months supply of inventory was down 42.9% compared with December 2020 with just a 0.4 months supply of homes. Housing inventory was down 40.7% 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.