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

Video Update For The Ballantyne Housing Market: January 2019


Ballantyne Area In South Charlotte Remained A Seller’s Market in January 2019 Despite Lower Closed Sales & Prices

  • Average sale price of Ballantyne area homes decreased in January 2019 by 6% to $317,980 compared with the same period one year ago. 
  • Median sale price in January 2019  decreased 14% versus one year ago to $276,000.
  • Average days on market for property listings in Ballantyne were 64 days in January 2019 (up 25 days compared with one year ago).
  • Median days on market stood at 40 days in January 2019, up 21 days compared with one year ago. 
  • Average price per square foot increased by 2.1% to $146/square foot  in January 2019 versus the same period in 2018. 
  • Pending sales in Ballantyne were up 6.8% in January 2019 versus the same month last year.
  • Closed sales in Ballantyne were down 19.4% compared with the same month one year ago.
  • New listings in Ballantyne decreased 3.8% versus January 2018.
  • Months supply of inventory remained low at 2 months keeping Ballantyne a seller’s market. The months supply increased from 1.4 months one year ago.
  • Median percent of original list price that sellers received for their homes was 94.9%, down 1.5% versus one year ago.

Ballantyne Area Hot Neighborhoods To Watch In 2019

Wondering what the hot neighborhoods in the Ballantyne area? Click on the picture below to discover the 12 hottest neighborhoods to be watching in the Ballantyne/28277 zip code in 2019.


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Get your FREE Winter 2019 Home Buyer’s Guide: “Things To Consider When Buying A Home” here.

Find Out What Your Ballantyne Area Home Is Worth

Wondering what your Ballantyne area home is worth in today’s market? Find out by clicking on the picture below.  If you’re thinking about selling, let’s get together and discuss the supply conditions in Ballantyne and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.



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Get your FREE Winter 2019 Home Seller’s Guide: “Things To Consider When Selling Your House” here.

Previous Housing Market Updates For Charlotte’s Ballantyne Area

Buying Or Selling A Home In The Ballantyne Area…

… The Right Broker Makes All The Difference!


This Charlotte, North Carolina real estate monthly update for Ballantyne is brought to you by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Ballantyne area specialists and neighbors and Charlotte metro area residential real estate experts. We’ve been opening doors for Ballantyne area home buyers and sellers for 20+ years.

If you’re considering selling or purchasing a home in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you how:

 “The Right Broker Makes All The Difference.”


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