Key take-aways about the Ballantyne area housing market in October 2023 included: Closed home sales increased month over month, but decreased year-over-year. A list to sale price ratio just under 101%. Average days on market of 11 days declined from the previous month and were down year-over-year. Average and median sale prices declined from September and October 2022 Housing inventory up slightly from the previous month, but down from October one year ago. New listings slightly higher (by three homes) compared with September and up compared with October one year ago. Months … (8 comments)
ballantyne homes for sale: New Ballantyne Area High School Gets A Name: Ballantyne Ridge High
- 11/18/23 05:40 AM
NEW BALLANTYNE AREA HIGH SCHOOL GETS A NAME: BALLANTYNE RIDGE HIGH SCHOOL A new high school is opening in the Ballantyne area in 2024. The new high school is situated on a 71-acre site in Ballantyne at the corners of Johnston Road and Community House Road. The new high school is expected to relieve over-crowding at Ardrey Kell High School in Ballantyne and South Mecklenburg and Myers Park High Schools in south Charlotte. Construction is 58% complete on the $146 million project. Opening is schedule for the 2024/2025 school year.
The new Ballantyne high school will include 100 classroom, several athletic fields, academic … (22 comments)
Sales Virtually Non-Existent Due To Lack Of Inventory
SOUTHAMPTON HOME SALES OVERVIEW Southampton neighborhood continued to suffer from lack of inventory in Quarter 3-2023. Just three properties sold (down 40% from the same quarter one year ago). For a community with some 418 homes three home sales a drop in the bucket. The lack of inventory resulted in double digit sale price increases over the same quarter last year, a list to sale price ratio of 103.47%, and just 14 days on market. Home sale prices also increased compared … (20 comments)
Average Home Sale Price Up 12% Y-O-Y Reavencrest home sales in Quarter 3-2023: average and media home sale prices increased compared with the Third Quarter one year ago -- 12% and 16% respectively. Home prices also increased compared with the first two quarters of 2023. List to sale price ratio remained above 100% and homes sold quickly, averaging eight days on market (down 20% from one year ago). Just three properties sold in Quarter 3-2023. No homes were listed for sale as … (24 comments)
Inventory Remains Tight In Bridgehampton Year-To-Date | Average Home Prices Up 17% Just threes home sold in Bridgehampton in Quarter 3-2023. Two homes were on the Charlotte, North Carolina side of Bridgehampton, averaging four days on market and selling at an average price of $1.2 million. One home sold on the Indian Land, South Carolina side of Bridgehampton at $835,000. For a neighborhood with 544 homes, three sales in an entire quarter and eight sales in nine months are a drop in the proverbial bucket. For the nine months ended September … (20 comments)
103.82% LIST TO SALE PRICE RATIO | 2 AVERAGE DAYS ON MARKET
Just two homes sold In Ardrey Crest neighborhood in Quarter 3-2023 in this popular Ballantyne area neighborhood. Just four homes have sold in the nine months ended September 30, 2023. Home sale prices were up significantly over the previous quarter. Home sold in two days, on average, and home sellers realized almost 104% of list price in final sale price, 4.33% more than in the Second Quarter 2023.
No homes were listed for sale as of … (22 comments)
List To Sale Price Ratio: 104.49% | 12 Average Days On Market Thornhill's Quarter 3-2023 average and median home sale prices declined 6% and 12%, respectively, year-over-year. Compared with the Second Quarter in 2023, the average sale price declined, while the median sale price increased. The list to sale price ratio in Thornhill in Quarter 3-2023 increased 6% to 104.49% compared with one year ago. Compared with the prior quarter in 2023, the list to sale price ratio declined 1.62%. Inventory remained tight in Thornhill accounting for the healthy list to … (28 comments)
List To Sale Price Ratio: 103.56% | Average Home Prices Up 30%
Providence Pointe neighborhood in Charlotte's Ballantyne area had a strong showing in Quarter 3-2023. Average and median sale prices increased 30% and 29%, respectively, year-over-year. Prices also saw improvement quarter-over-quarter. The list to sale price ratio was 103.56%, up 2% from the same quarter in 2022. Days on market remained low at four days, albeit increasing year-over-year and quarter-over-quarter. No doubt lack of inventory in Providence Pointe contributed to this performance in Quarter 3-2023.
Ardrey's List To Sale Price Ratio Over 104% In Quarter 3
During Quarter 3-2023, Ardrey home average and median home sale prices increased 9% and 10%, respectively, compared with the same quarter one year ago. They were also up significantly from the Second Quarter 2023. The list to sale price ratio increased 3% over one year ago and 4.4% over one quarter ago. With just two homes sold in the Third Quarter, homes in Ardrey remain in great demand, which is not by any means being satisfied by … (20 comments)
Key take-aways about the Ballantyne area housing market in July 2023 included: Closed home sales declined 13.3% from June 2023 after increasing to their highest level since June 2022 last month. A list to sale price ratio of 102.58%, slightly higher than one month ago and equal to one year ago in July. Average days on market at their lowest level in 12 months at 8 days (down one day from June 2023). Average sale price increased 24.4% compared with July 2022. Median sale price increased 32,9% … (24 comments)
ballantyne homes for sale: Happening In Ballantyne: August 2023
- 08/07/23 05:17 AM
LATEST HAPPENINGS IN CHARLOTTE'S BALLANTYNE: There's always something happening in the Ballantyne area. This month, Amp Ballantyne is releasing tickets for it's inaugural fall concert line-up. Ballantyne Corporate Park is once again sponsoring its annual Back To School Supplies Drive to benefit Charlotte's Classroom Central. And if you love to read, don't forget about the Ballantyne Book Club.
The Amp Ballantyne, a newly built 3,500-seat outdoor amphitheater in the heart of Ballantyne, has just released its inaugural fall lineup, which includes free and ticketed musical performances, festivals and other community events, such as markets, fitness classes. Amp Ballantyne was built to reshape and … (24 comments)
SOUTHAMPTON HOME SALES OVERVIEW It's hard to determine a trend from Southampton home sale prices in Quarter 2-2023, as only one home sold or to compare it to sales one year or one quarter ago. What is obvious is that inventory is exceedingly tight in a neighborhood with some 418 homes.
SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: QUARTER 2 - 2023
SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: QUARTER 1 - 2023
To track sales in Southampton "real time," click here for our Neighborhood Analyzer … (22 comments)
After increasing 27% year-over-year in Quarter 1-2023, Reavencrest single family median and average home prices declined in Quarter 2-2023 compared with the same quarter one year ago. By the same token, the median sale price remained the same quarter-over-quarter and the list to sale price ratio increased to just under 101% in Quarter 2-2023. Average days on market were just seven in the Second Quarter 2023 (down 43 days from the previous quarter).
REAVENCREST HOME SALES SNAPSHOT: QUARTER 2 - 2023 SINGLE FAMILY HOMES
REAVENCREST HOME SALES SNAPSHOT: QUARTER 1 - … (8 comments)
2022 was a strong year for home sales in Providence Pointe with home prices up, days on market low, list to sale price ratio over 100%, and inventory tight. Quarter 1-2023 continued the 2022 trends. Home prices remained steady, average days on market were low, inventory was tight, and the list to sale price ratio was over 100%. Quarter 2-2023 saw further improvement in home prices, list to sale price ratio, and days on market. Both average … (16 comments)
Just two homes sold in Bridgehampton in Quarter 2 - 2023. Both were on the South Carolina side of the neighborhood in Indian Land. One home sold in 2 days at 104% of list price at $720,000; one home sold in 35 days at 103% of list price at $615,000. For a neighborhood with 544 homes, two sales in an entire quarter are a drop in the proverbial bucket.
For the six months ended June 30, 2023, Bridgehampton sales looked as follows:
BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (CHARLOTTE, NC)
NO homes were sold In Ardrey Crest neighborhood in Quarter 2-2023. This is the second consecutive quarter with no sales in this popular Ballantyne neighborhood.
If you've been thinking about selling your home in Ardrey Crest, this is a good time to do so. Demand is there and you'll have little to no competition. The Charlotte real estate market is again seeing multiple offers on homes in neighborhoods like Ardrey Crest.
To track sales in Ardrey Crest "real time," click here … (16 comments)
Thornhill's Quarter 2-2023 average home sale price declined 6% year-over-year, but increased compared with Quarter 1-2023. Compared with the second quarter in 2022, the median sale price declined 12%; it also declined quarter-over-quarter. By the same token, the list to sale price ratio in Thornhill in the second quarter increased 2% to 106.11% compared with one year ago. Compared with the prior quarter in 2023, the list to sale price ratio increased 8.42%. Inventory remains tight in Thornhill … (14 comments)
"A book is a gift you can open again and again. -- Garrison Keillor
Did you know that Charlotte's Ballantyne area has an active Book Club which meets monthly? If you love reading good books and discussing them, you might want to join the Ballantyne Book Club. The 2023 reading list for the second half of this year includes a mix of fiction, classic books, and non-fiction... something for everyone and anyone who loves to read. And you don't need to live in Ballantyne to participate.
“That’s the thing about books. They let you travel without moving … (18 comments)
Key take-aways about the Ballantyne area housing market in May 2023 included: Closed home sales increased to their highest level since October 2022. A list to sale price ratio of 101.1%. Average days on market were low at 19 days, despite increasing from the previous month and year-over-year. Average sale price increased 21+% over April and 11+% year-over-year. May 2023 housing inventory was at its lowest level since June 2022. New listings were down year-over-year and up only by three homes versus the previous month. BALLANTYNE AREA … (20 comments)
Key take-aways about the Ballantyne area housing market in April 2023 included: Home sale prices that both held their own and declined. A list to sale price ratio of almost 101%. Average days on market at their lowest level since September 2022. The number of properties sold increased to their highest level since October 2022. April 2023 housing inventory was at its lowest level since May 2022. New listings were down month-over-month and year-over-year. BALLANTYNE AREA HOUSING MARKET HIGHLIGHTS APRIL 2023
BALLANTYNE HOME SALE PRICES Median sale price in April 2023 … (22 comments)
;)
;)
;)
