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

Ballneyne Housing Market Report September 2019

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.