ballantyne home south charlotte 28277South Charlotte, About Zip Code 28277

A Deep- Market Homes for Sale Report

Charlotte NC  South Charlotte zip code 28277 has been a vibrant, and as you'll see below very ehalthy real estate market for more than 2 decades. Home to 4 country clubs including Ballantyne,   28277 boasts the highest per capita income in south Charlotte. TPC Piper Glen is here, Providence Country Club, Raintree, Ballantyne Country Club, and also well-regarded Providence High School and Ardrey Kell High ...

Ballantyne is becoming a mjor employment center full of growing businesses, everything from the headquarters of Lending Tree.com, a major Liberty Mutual office,   the local and growing ESPN regional office, and a host of other regional branches.

You'll get a good understanding of all the numbers, how people live, and see the relative "affordability" of Charlotte homes here too... if you look closely you'll see why 28777 is one of the most dynamic zip codes in all of Charlotte, NC, and you'll see real steady home values. Photos are thumbnails, click to enlarge.

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Charlotte Homes For Sale Report Zip Code 28277

There are 2 homes for sale in 28277 for under $175,000 There are 78 homes for sale for under $250,000, but more than 175K- Median $218,000 on about 1900 sf

of these, 55 have two car garages, 30 have community pools, 31 built before 1990, and 4 since 2005

There are 126 home s for sale for under $350,000, but more than 250K- Median $303K on about 2600 sf

Of these, 61 homes have community pools, 41 with pool AND clubhouse, no "over 55" community, 32 are new or newer, built since 2005, 35 with master bedrooms on the main

There are 38 homes for sale for under $500,000, but more than 350K

Median $430K on about 3200 sf

Of these 19 have community pools, 20 are built since 2005, 6 are in golf course communities

There are 85 homes for sale for under $700,000, but more tha 500K Median is $596K on aout 3900 sf of these,

38 homes are in golf course communities, 14 homes new or newer, built since 2005, 46 homes with master bedroom on the main, 26 homes with greater than .5 acres 41 homes over 4000 sf.

There are 36 homes for sale for under $1M, but over 700K- Median $836K on about 4500 sf Of these,

24 homes have the master bedroom on the main floor, 24 homes in golf course communities, 11 homes on the golf course, only 4 built since 2005

There are 36 homes for Sale for Over $1M Median $1,986K, on about 7000 Sf Of these,

27 are in golf course communities, 15 on golf course, 4 built since 2005

 

Year to year,South Charlotte homes sold in 28277?

 

Comparing September through December 20, in 2008, there were 176 homes sold, versus 325 homes sold in the same period in 2007. Sales down by half, or almost half. Home Prices? The median cost per sf fell just 2.2% to $129.00- testament to the strength of the underlying values of south Charlotte in general, zip code 28277 in particular in the face of a very slow market indeed... All data is derived from the Carolina MLS. No reporting is done for Days On Market because this stat is unreliable in the aggregate. For Sold home analysis, square foot is exact.

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Moving to the Charlotte Area? South Charlotte, Waxhaw, Fort Mill Perhaps? Your first Charlotte home?

I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time home buyers--buying and sellingTerry McDonald Charlotte Real estate real estate of all kinds- and will represent only you. My team works with Buyers and Sellers every day from Ballantyne to Lake Norman -and Fort Mill SC too. My team and I know the homes, the communities, and the new home builders. We know what's hot, what's not, and where the deals are. I think as you read my posts you'll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser. We are working to make your relocation to the Charlotte area easier, less stressful and help you "buy smart." If it's between the hours of 8 AM to 8 PM, EDT, please don' t hesitate to call me direct at 704-351-1519. Terry Related Links

Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!

Fort Mill- First Time Home Buyer Report (maps included!)Fort Mill Homes For Sale- Deep Market Report Charlotte NC Homes Best Value Under 500K

Terry McDonald

704-351-1519

My Charlotte Real Estate Blog

My CharlotteCommunities blog,a blog for relocating folks and newcomers to Charlotte

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1 Comments on Charlotte NC Market Report Ballantyne and Zip Code 28277 Deep Market Report

JAN
07
2009

Thanks for the market report in that Charlotte Zip code. Its good to know that square foot prices havn't fallen that much, even though unit sales are down. There is value in your market.

6:39am • #1

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Charlotte, NC

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Charlotte NC- A relocated northerner came to build a life in Charlotte NC- I now try to preserve its Southern charm and move it into the future, at CharlotteCoomunitiesOnline. At Terry McDonald Real Estate I tackle the traditional real estate problems and issues buying and selling homes- including market conditions, national market conditions, and the new home/custom home industry.


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