Ballantyne (28277 Zip Code) Real Estate Report: August 2019

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) Real Estate Report: July 2019

Ballantyne Housing Market Snapshot July 2019

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.

Ballantyne (28277 Zip Code) Housing Update + Video: June 2019

Ballantyne Housing Update June 2019

Ballantyne Housing Market Update/Video: June 2019. Average Ballantyne home sale prices increased significantly in June 2019 compared with the same month one year ago and the prior month of May 2019. Ballantyne homes, on average, sold in under one month. Pending sales were up 27.6% in June. The months supply of homes remained low at 2.1 months and a 14.2% drop in housing inventory kept the Ballantyne area/28277 zip code housing market a seller’s market.

Ballantyne (28277 Zip Code) Housing Market Update & Video: May 2019

Ballantyne Housing Market Snapshot May 2019

Ballantyne Housing Market Update/Video: May 2019. Average Ballantyne home sale prices increased slightly in May. Despite an increase in average and median days on market, homes continue to sell in under two months, on average. Pending sales were up 11.2% in May. The months supply of homes at 2 months and a 16.8% drop in housing inventory keeps the Ballantyne/28277 zip code housing market a seller’s market.

Ballantyne (28277 Zip Code) Housing Market Update & Video: April 2019

Ballantyne Housing Market Report April 2019

Ballantyne Housing Market Update/Video: April 2019. Average and median Ballantyne home sale prices saw a slight decrease in April. Despite an increase in days on market, homes are still selling in under two months on average. Pending sales were up 18.1% in April. The months supply of homes at 1.9 months and an 8.8% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.

Ballantyne (28277 Zip Code) Housing Market Update & Video: March 2019

Ballantyne Housing Report March 2019

Ballantyne Housing Market Update/Video: March 2019. Average and median Ballantyne home sale prices saw an increase in March, at 4.3% and 4.6%, respectively. Despite an increase in days on market, homes are still selling in under two months on average. The months supply of homes at 2 months and an 11.8% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.

Ballantyne (28277 Zip Code) Housing Market Update & Video: February 2019

Ballantyne Housing Report Feb 2019

Ballantyne Housing Market Update/Video: February 2019. Average and median Ballantyne home sale prices saw a significant increase in February, both up by double digits. Despite an increase in days on market, homes are still selling within two months on average. The months supply of homes at 1.9 months and a 21.1% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.

Ballantyne (28277 Zip Code) Housing Market Update & Video: January 2019

Ballantyne Housing Report January 2019

Ballantyne Housing Market Update/Video: January 2019. January home sales in the Ballantyne (28277 zip code) area of Charlotte, North Carolina saw a second month of a shift from trends we had been seeing throughout most of 2018. Sales prices were down, days on market were up, inventory was up, closed sales were down. It remains to be seen if this is the beginning of a market shift or simply a winter slowdown.

Ballantyne (28277 Zip Code) Housing Market Update & Video: December 2018

Ballantyne Housing Market Update/Video Decemberr 2018. December home sales in the Ballantyne (28277 zip code) area of Charlotte, North Carolina saw a big shift from trends year-to-date and as compared to December 2017. Sales prices were down, days on market were up, inventory was up, as was the months supply of homes. It remains to be seen if this was a one-month phenomenon or the beginning of a market shift.