Ballantyne Real Estate: October 2022

Ballantyne/28277 Zip Code Housing Market Update October 2022

Ballantyne real estate market in October 2022 saw much higher home prices and new listings down 41.2% year-over-year. Median days on market remained relatively low at 10 days. Sellers saw a lower median list price to final sale price at 98.9%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 appears to have come to an end in Ballantyne.

Ballantyne Real Estate: September 2022

Ballantyne (28277 Zip Code) Home Sales Snapshot September 2022

Ballantyne real estate market in September 2022 saw higher home prices and new listings down. Homes continued to sell relatively quickly. Sellers saw a lower median list price to final sale price at 99.4%. Closed and pending sales were down. The “feeding frenzy” of 2021 and first half of 2022 appears to have come to an end in Ballantyne.

Ballantyne Real Estate: August 2022

Ballantyne (28277 Zip Code) Housing Market Snapshot August 2022

Ballantyne real estate market continued to favor home sellers in August 2022 with higher home prices and new listings down. Homes continued to sell quickly. Sellers saw median 100% of list price in final sale price. Closed and pending sales were down, however, due at least in part to buyers pulling back in the face of interest rate increases. The “feeding frenzy” of summer 2021 seems to have come to an end in Ballantyne.

Ballantyne Real Estate Report: July 2022

Ballantyne/28277 Zip Code Home Sales Report July 2022

Ballantyne real estate market continued to favor home sellers in July 2022 with higher home prices and months supply of inventory at just over one month. Homes continued to sell quickly. Sellers saw 101.5% of list price in final sale price. Closed and pending sales were down, however, most likely due to buyers pulling back in the face of interest rate increases. The “feeding frenzy” of summer 2021 seems to have come to an end in Ballantyne.

Ballantyne Real Estate Report: June 2022

Ballantyne (28277 Zip Code) Housing Market Snapshot June 2022

Ballantyne real estate market favored home sellers in June 2022 with higher home prices and housing inventory still low at under one month. Homes continued to sell quickly. Sellers saw 103.6% of list price in final sale price. Closed and pending sales were down, however, most likely due to buyers pulling back in the face of interest rate increases.

Ballantyne Real Estate Report: May 2022

Ballantyne/28277 Zip Code Housing Market Snapshot May 2022

Ballantyne remained a home seller’s market in May 2022. Months supply of inventory was down 42.9% compared with May 2021 with just a 0.4 months supply of homes. Housing inventory was down 47.9% year-over-year, resulting in much higher home prices, and sellers receiving a median 105.3% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.

Move Up Your Home This Summer

Why Move Up Your Home This Summer

Move up your home Charlotte area home this summer. It’s still very much a home seller’s market and you’ll be able to capitalize on higher home prices and more equity in your home to put towards a move-up home.

Charlotte, NC A Top Destination For Seniors

Seniors & Retirees Moving To Charlotte, NC

Charlotte has been one of the most popular cities for retirees to move to for some years now and the number of 55+ adults moving to the Queen City continues to increase. Forbe’s 2022 List of Best Places To Retire lists Charlotte as a top 25 best city to retire in. SmartAsset.com lists Charlotte as a top 10 city where retirees are moving. Charlotte is now the 7th fastest growing large U.S. metro area.

Ballantyne Real Estate Report: April 2022

Ballantyne/28277 Zip Code Home Sales Report For April 2022

Ballantyne remained a home seller’s market in April 2022. Months supply of inventory was down 42.9% compared with April 2021 with just a 0.4 months supply of homes. Housing inventory was down 48.4% year-over-year, resulting in just five average days on market, much higher home prices, and sellers receiving a median 105.9% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.

Ballantyne Real Estate Report: March 2022

Ballantyne Home Sales Update March 2022

Ballantyne remained a home seller’s market in March 2022. Months supply of inventory was down 33.3% compared with March 2021 with just a 0.4 months supply of homes. Housing inventory was down 37.5% year-over-year, resulting in fewer days on market, higher home prices, and sellers receiving a median 105.3% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.