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Ballantyne (28277 Zip Code) Monthly Real Estate Report: January 2020

By
Real Estate Agent with Coldwell Banker Realty 179530

 

Ballantyne (28277 Zip Code) Real Estate Report/Snapshot

January 2020

 

Latest news on the Ballantyne real estate market and what it means for you...

 

Average Ballantyne home sale prices increased 11.7% in January 2020 compared with the same month one year ago. Median home sale prices increased 15.9% in January. Home sellers received 96.7% of list price in final sale price. January was the eighth consecutive month we saw an increase in home sale prices year-over-year.

 

Ballantyne homes continue to sell quickly with Median Days on Market at 36 days, down 3 days compared with one year ago. Average Days on Market were 47 days, down 16 days compared with the same month one year ago. Average Price Per Square Foot increased 7.5% to $157/square foot in January 2020 compared with one year ago.

 

Closed sales increased 1.3%, while pending sales increased 17% in January year-over-year in the Ballantyne area. 

 

Ballantyne's months supply of homes remained super low at 1 month (down from 2.2 months one year ago). This coupled with a 51% drop in housing inventory and a drop of 15.2% in new listings in January, kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.

 

 

Want to know what this would mean for your family if you decide to buy or sell a Ballantyne home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

 

 MORE INFORMATION ABOUT THE BALLANTYNE HOUSING MARKET'S PERFORMANCE IN JANUARY 2020 

 

  

 Ballantyne Housing Market Highlights

January 2020 versus January 2019

 

 Ballantyne (28277 Zip Code) Housing Market Highlights January 2020


 

 

MEDIAN SALE PRICE TRENDS IN BALLANTYNE AREA

 

 

 

 

12 HOTTEST SELLING BALLANTYNE AREA NEIGHBORHOODS

 

Hot Ballantyne NC Neighborhoods

 

 

 SEARCH ALL BALLANTYNE AREA HOMES 

 

Search Ballantyne Homes For Sale

 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home,”

 

 

WONDERING WHAT YOUR BALLANTYNE AREA HOME IS WORTH?

 

 

What Is My Ballantyne Area Home Worth?

 

 

FREE Home Seller Guide: “Things To Consider When Selling Your House,”

 

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

  

 

This Charlotte, North Carolina real estate monthly update for Ballantyne is provided 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 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."

 

 

2019 Ballantyne Area Housing Market Updates:

 

Ballantyne Housing Market Update: December 2019

Ballantyne Housing Market Update: November 2019

Ballantyne Housing Market Update: October 2019

Ballantyne Housing Market Update: September 2019

Ballantyne Housing Market Update: August 2019

Ballantyne Housing Market Update: July 2019

Ballantyne Housing Market Update: June 2019

Ballantyne Housing Market Update: May 2019

Ballantyne Housing Market Update: April 2019

Ballantyne Housing Market Update: March 2019

Ballantyne Housing Market Update: February 2019

Ballantyne Housing Market Update: January 2019 

 

 

  

Great Homes In Charlotte

 

 

 

First published at: https://greathomesincharlotte.com/housing-market-reports-updates/ballantyne-real-estate-report-january-2020/

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (10)

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

You just keep producing great reports on the various markets you cover.  I am sure this is very helpful to prospects who may want to buy or sell in the near future. A

Feb 12, 2020 02:26 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel thanks, Alexandra... it's that time of the month again... to start reporting on the prior month's home sales. 

Feb 12, 2020 02:41 PM
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Thank you for sharing your market report for zip code 28277 Nina Hollander It's always good to know what's happening in the rest of the Country. 

Feb 12, 2020 04:06 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Abby Stiller thanks, Abby, for stopping by. I like to take a look at sales trends in other parts of the country, as well... always interesting to see how one's market differs from others.

Feb 13, 2020 04:00 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local community reports.

Feb 13, 2020 08:00 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thanks, Roy... trust you've been having a good week. It's summer like weather here in Charlotte... but raining yet again!

Feb 13, 2020 10:45 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Ballantyne home buyers and sellers are sure to find your market update valuable, Nina

Feb 13, 2020 03:49 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thanks, Myrl, for popping by... wishing you a lovely and sweet Valentine's Day.

Feb 14, 2020 04:16 AM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Feb 16, 2020 12:38 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sally Crane thank you, Sally, for stopping by and the good wishes... wishing you a lovely Sunday.

Feb 16, 2020 04:24 AM