May 2018 home sales in the Ballantyne area of Charlotte, North Carolina (28277 zip code) saw the same trends we've seen year-to-date with home prices up, inventory tightening, pending and closed sales diminishing due to the lack of inventory.
The average sale price of Ballantyne area homes increased by 2.1% to just over $367,000 as compared with the same period one year ago. (Median sale price in May was also up 6.3% versus one year ago.)
Average days on market for property listings were flat at 31 days versus one year ago. Median days on market, however, dropped by 10.0% to 9 days in May 2018.
Average price per square foot increased by … (10 comments)
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