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.
Video Update For The Ballantyne Housing Market: March 2019
Ballantyne Area In South Charlotte Remained A Seller’s Market in March 2019
Average sale price of Ballantyne area homes increased in March 2019 4.3% to $378,182 compared with the same period one year ago.
Median sale price in March 2019 increased 4.6% versus one year ago to $340,000.
Average days on market for property listings in Ballantyne were 49 days in March 2019 (up 10 days compared with one year ago, but down 13 days versus the most recent month of February).
Median days on market stood at 15 days in March 2019, up 5 days compared with one year ago, but down 25 days compared with the most recent month of February.
Average price per square foot was flat at $146/square foot ($16/square foot increase) in March 2019 compared with the same period in 2018.
Pending salesin Ballantyne increased 13.2% in March 2019 versus the same month last year.
Closed sales in Ballantyne decreased 11.6% compared with the same month one year ago.
New listings in Ballantyne decreased 11.8% versus March 2018.
Months supply of inventoryremained low at 2 months keeping Ballantyne a seller’s market.
Median percent of original list price that sellers received for their homes was 97.3%.
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.
Find Your Ballantyne Area Dream Home
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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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Note: If you don’t see your subdivision or complex, or the data looks incomplete, it’s because there weren’t enough properties sold in a given year.
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This Charlotte, North Carolina real estate monthly update for Ballantyne is brought to you byNina 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.
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