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Thornhill In Ballantyne Home Sales And Community Report: Qtr 1-2022

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Real Estate Agent with Coldwell Banker Realty 179530

Thornhill Neighborhood in Charlotte's Ballantyne Area

Real Estate Report & Community Spotlight:

Quarter 1 - 2022

 

Four homes sold in Thornhill during Quarter 1 - 2022, one more than the three homes that sold in the same quarter of 2021. New listings increased in Quarter 1 - 2022 with four new listings, which was two more than in the same quarter one year ago.

 

Thornhill Neighborhood In Charlotte's Ballantyne Area Home Sales Snapshot Quarter 1-2022

 

Both average ($506,375) and median ($520,250) sale prices were up significantly in Thornhill compared with one year ago. Average sale prices increased 23.97% year-over-year, while median sale prices increased 14.59%. Home prices in the First Quarter 2022 ranged from $400,000 to $585,000. Average  list to sell ratio was 101.5%. 

 

Average days on market in Thornhill were just 3, down 9 days from the First Quarter 2021. Median days on market were also just three days. The very low days on market totally speak to the demand for homes in the Thornhill neighborhood.

 

At the end of the Quarter 1 - 2022, NO homes were listed for sale in Thornhill and one homes was under contract.  Inventory in Thornhill Crest remains tight and this lack of inventory is clearly driving both listing and sale prices up.

 

 Detailed report for Thornhill neighborhood home sales.

Thornhill Neighborhood In Charlotte's Ballantyne Area Real Estate Report q1-2022

 

 To track sales in Thornhill "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Thornhill home sales activity.

 

 Median Sale Price History For Thornhill Homes

 

 

Community Spotlight: Thornhill

Thornhill neighborhood In Charlotte's Ballantyne AreaOne of the most in-demand and sought-after neighborhoods in the Ballantyne area in south Charlotte since the late 1980's, Thornhill is a beautiful neighborhood with 505 homes situated on tree-lined street and surrounded by mature landscaping. Demand for Thornhill homes stems from its location in Ballantyne just off of Elm Lane across the street from the Stonecrest Shopping Center and the excellent schools that serve Thornhill's children.

 

The 505 single family homes in Thornhill are primarily transitional-style two-story homes with three to four bedrooms + a two-car garage. There are also single story and 1.5 story homes, as well as a small number of homes with basements. Thornhill homes range in size from about just under 1,400 square feet to over 3,000 square feet. On average, homes are about 2,500 square feet. Homes are situated on lots ranging in size from .12 of an acre to just over one third of an acre. Homes in Thornhill were built from the late 1980's until 1998. Median age of Thornhill homes is 28 years.

 

Thornhill Community Amenities

Thornhill offers residents wonderful amenities, which include a Club House, pond, swimming pool, recreation area, pavilion, tennis courts, and walking trails. The active Homeowner Association organizes Easter, Halloween and holiday events, as well as various clubs for women, men and children, including competitive swim teams and tennis leagues.

 

Big Rock Nature Preserve In Charlotte's Ballantyne AreaThe 22-acre Big Rock Park/Nature Preserve sits in the middle of the Thornhill community. Big Rock Nature Preserve is named for the granite extrusions that lie at the heart of the preserve.  It contains the largest example of this geology in Mecklenburg County.  With archaeological evidence showing Native American habitation dating back 7,000 years, this site has been designated as a Historic Landmark by the Charlotte Historic Landmarks Commission. 

 

 

Top Schools Serve Thornhill Residents

Best Charlotte Area Schools Ranked by Niche.comThornhill is served by some of the top schools in Charlotte, widely acknowledged for their academic performance, including Ardrey Kell High School,  Jay M Robinson Middle School, and Endhaven Elementary School.  Ardrey Kell High School is ranked as the #2 best high school for 2022 in the Greater Charlotte area. Jay M Robinson Middle School is ranked the #9 best public middle school in Mecklenburg County out of 49 middle schools. (Rankings provided by niche.com)

 

A number of Charlotte area's top private and parochial schools are also nearby, including Charlotte Catholic High School, ranked the #1 best Catholic High School in the Charlotte area and the #11 best private high school in the Greater Charlotte area. The British International School of Charlotte, which is minutes away from Thornhill, is ranked the #11 best private school in the Charlotte region for 2022. by niche.com

 

Prime Ballantyne Location:

Thornhill is located in the heart of Charlotte's upscale, popular Ballantyne area. All the shopping you could want is within minutes of the neighborhood, including two large outdoor shopping centers (Blakeney and Stonecrest) which feature grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres. Carolina Place Mall and Atrium Health/Pineville are less than five miles away. Ballantyne Village, the world-class Ballantyne Resort and Spa are all also accessible within minutes. All the major medical practices in Charlotte maintain offices in Ballantyne, as well. Also nearby are Trader Joe's, Ballantyne Country Club, Piper Glen Club, horseback riding facilities in nearby Waxhaw. and so much more.

 

Thornhill provides easy commuting/access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.

 

All of life's necessities are minutes from the Thornhill neighborhood. And if it's golf you love, there are 24 golf courses within 10 miles of the community, as well as parks and hiking trails within five miles.

Thornhill Neighborhood In Charlotte's Ballantyne Area Map     

SEARCH ALL THORNHILL HOMES FOR SALE 

 

WONDERING WHAT YOUR THORNHILL HOME IS WORTH IN TODAY'S MARKET?

 

What's Your Thornhill Home In Ballantyne Worth?

 

THINKING ABOUT SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MAREKETING ADVANTAGE.

 

Interested In Living In Ballantyne?

Check Out 13 Hot Neighborhoods in Ballantyne Area

 

Hot Ballantyne Neighborhoods

 

SEARCH ALL BALLANTYNE AREA HOMES

SEARCH ALL GREATER CHARLOTTE AREA HOMES FOR SALE 

 

This Charlotte, North Carolina real estate update for Thornhill home sales in Ballantyne is provided by  Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, your Ballantyne neighbors/specialists and Greater Charlotte 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 Greater Charlotte area, I'd love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Great Homes In Charlotte

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 (26)

Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local real estate reports.

Apr 18, 2022 04:51 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thank you, Roy, as always for stopping by. Wishing you a lovely new week ahead.

Apr 18, 2022 04:52 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Nina Hollander, Broker, clearly, Thornhill is a hot neighborhood, those thinking about selling must be very happy with the increased home prices. Those thinking about buying or selling should be contacting you.  

Apr 18, 2022 05:28 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

So many details from you today. Have a great week. A GREAT big blog today...

Apr 18, 2022 05:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Beth Atalay good morning, Beth... as someone who has sold in Thornhill for 20+ years, I'm totally amazed at the prices homes here are getting these days.

Apr 18, 2022 06:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Eric Bouler thanks, Eric... wishing you a lovely Monday and a very good new week ahead. Thanks for popping by.

Apr 18, 2022 06:04 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for sharing the real estate information.

Buyers and sellers in your area will benefit from your expertise.

Wishing you continued success. bill

Apr 18, 2022 06:04 AM
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Everything seems to be keeping the upward motion all around the country.  I am sure it will eventually level off but for right now I am enjoying the ride.  Have a fabulous Monday!

Apr 18, 2022 06:06 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Prices definitely keep rising in Thornhill, I am sure that it is a desirable place to call home in the Charlotte area.

Apr 18, 2022 06:17 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Norma J. Elkins good morning again, Norma... I'm looking forward to a bit of a levelling off... I think it will encourage more people to sell and make it easier for people to buy.

Apr 18, 2022 06:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... Thornhill is in a great location in Ballantyne with great schools. That's kept it a "hot" neighborhood for years and years.

Apr 18, 2022 06:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley thanks, Bill, for popping by today. Trust you had a lovely Easter weekend.

Apr 18, 2022 10:20 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

In most cases, low inventory equals brisk sales and most of the market reports feature this fact. Happy Monday Nina🙂

Apr 18, 2022 10:37 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

That is quite a healthy rise in the median price of homes since, Jan. 2019.  Thank you for your market update!

Apr 18, 2022 11:05 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Thornhill home buyers and sellers are sure to value your real estate market report, Nina.

Apr 18, 2022 08:29 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Raymond Henson, eXp Realty good morning, Ray... I look at those numbers and I can hardly believe my eyes some days... not just in this community.

Apr 19, 2022 04:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thank you, Myrl, for stopping by. Trust you had a great Easter weekend and that your week has gotten off to a great start.

Apr 19, 2022 04:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS yes they do, Paul. What what is also so clearly illustrated is how few homes are coming on the market.

Apr 19, 2022 05:13 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

What a well-done overview of the Thornhill community and the housing market. Those are some pretty impressive upward shifts, other than days on market! IT's not getting any easier, is it?!

Jeff

Apr 19, 2022 09:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS hi Jeff... nothing is getting easier... not any easier to convince homeowners to sell; hard to find homes for buyers to buy.

Apr 19, 2022 09:08 AM