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 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.
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 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.
Ballantyne remained a home seller’s market in February 2022. Months supply of inventory was down 50% compared with February 2021 with just a 0.3 months supply of homes. Housing inventory was down 52% year-over-year, resulting in fewer days on market, higher home prices, and sellers receiving a median 103.2% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.
Ballantyne remained a home seller’s market in January 2022. Months supply of inventory was down 50% compared with January 2021 with just a 0.3 months supply of homes. Housing inventory was down 54.2% 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.
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.
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.
Ballantyne remained a home seller’s market in October 2021. Months supply of inventory was down 41.7% compared with October 2020 with just a 0.7 months supply of homes. Housing inventory was down 45.9% year-over-year, resulting in fewer days on market, higher home prices with sellers receiving a median 101.2% of list price in sale price. Ballantyne area’s inventory is at historic lows. Home prices were higher both year-over-year and month-over-month.
Ballantyne remained a home seller’s market in September 2021. Months supply of inventory was down 45.5% compared with September 2020 with just a 0.6 months supply of homes. Housing inventory was down 46.7% year-over-year, resulting in fewer days on market, higher home prices with sellers receiving a median 100.1% of list price in sale price. Ballantyne area’s inventory is at historic lows.
