Ballantyne remained a seller’s market in February 2021. Months supply of inventory was down (54.5%) compared with February 2020 to 0.5 months supply. Housing inventory was down 59.2% year-over-year, resulting in lower days on market, higher median home prices with sellers receiving a median 100% of asking price in final sale price.
Ballantyne remained a seller’s market in January 2021. Months supply of inventory was down (54.5%) compared with January 2020 to 0.5 months supply. Housing inventory was down 60.5% year-over-year, resulting in lower days on market, higher home prices with sellers receiving a median 100% of asking price in final sale price.
Ballantyne remained a seller’s market in December 2020. Months supply of inventory was down (61.5%) compared with December 2019 to 0.5 months supply. Housing inventory was down 59.4% year-over-year, resulting in lower days on market, higher closed and pending sales, and higher home prices.
Ballantyne remained a seller’s market in November 2020. Months supply of inventory was down (47.7%) compared with November 2019 to 0.8 months supply. Housing inventory was down 53.3% year-over-year, resulting in lower days on market, higher closed and pending sales, and higher home prices.
Ballantyne remained a seller’s market in October 2020. Months supply of inventory was down (35.3%) compared with October 2019 to 1.1 months supply. Housing inventory was down 41.4% year-over-year, resulting in lower days on market and higher closed and pending sales and higher home prices.
Ballantyne remained a seller’s market in September 2020. Months supply of inventory was sharply down (54.4%) compared with September 2019 to a 1 month supply. Housing inventory was down 54.4% year-over-year, resulting in lower days on market and higher pending sales. Both average and median home prices increased year-over-year.
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.
Latest news on the Ballantyne real estate market and what it means for you. Average Ballantyne home sale prices increased 4.2% in September 2019 compared with the same month one year ago. This was the fourth consecutive month we saw an increase in home sale prices. Ballantyne homes continue to sell quickly with Median Days on Market just 14 days, down 10 days compared with one year ago. Closed sales increased 25.2%, while pending sales were up 24% in September year-over-year. The months supply of homes remained low at 1.8 months and a 26.9% drop in housing inventory kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.
Latest news on the Ballantyne real estate market and what it means for you: housing market snapshot for August 2019. Average Ballantyne home sale prices increased 10.3% in August 2019 compared with the same month one year ago. This was the third month in a row we saw a significant increase in home sale prices. Ballantyne homes continue to sell quickly with Median Days on Market 11 days, down 2 days compared with one year ago. Closed sales increased 21.8%, while pending sales were up 26.5% in August year-over-year. The months supply of homes remained low at 1.9 months and a 23% drop in housing inventory kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.
Ballantyne (28277 zip code in Charlotte) real estate report and housing market snapshot: July 2019. Average Ballantyne home sale prices increased 8.8% in July 2019 compared with the same month one year ago. This was the second month in a row we saw a significant increase in home sale prices. Ballantyne homes, on average, sold in under one month, with average days on market 8 days lower than in July 2018. Pending sales were up 27.2% in July year-over-year. The months supply of homes remained low at 1.9 months and a 19% drop in housing inventory kept the Ballantyne area/28277 zip code housing market a seller’s market.
