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)
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)
As the market snapshot below shows, home prices continued to increase in Bridgehampton during Quarter 1 - 2023, as they did throughout 2022. The average sale price reached the $1 million price point for the first time (increasing from $817,000 in Quarter 4 - 2023). The median sale price also increased quarter-over-quarter by $236,000. Average days on market decreased by 43 days quarter-over-quarter.
BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (CHARLOTTE, NC)
BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (INDIAN LAND, SC)
As the charts below show, home prices continued to increase in Bridgehampton during Quarter 4 - 2022, as they did throughout 2022.
BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (CHARLOTTE, NC)
BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (INDIAN LAND, SC)
BRIDGEHAMPTON HOME SALES SNAPSHOT FOR 2022
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Bridgehampton Neighborhood In Charlotte's Ballantyne Area: Perennially In Demand Since 2000
Bridgehampton is a 544 home neighborhood built by John Wieland Homes, located on the border of North and South Carolinas in (8 comments)
On the Charlotte, North Carolina side of Bridgehampton, three homes sold in Bridgehampton during the Third Quarter 2022, equal to the number of homes sold in the Second Quarter 2022. The average sale price was $893,333 and the median sale price was $898,000. Home sale prices ranged from $848,000 to $925,000. The average list to sale price ratio was 100.3%. The median list to sale price ratio was 100.5%. Average and median days on market during the third quarter were 19 and 18 days, respectively. At the end of the Third Quarter (18 comments)
On the Charlotte, North Carolina side of Bridgehampton, three homes sold in Bridgehampton during the Second Quarter 2022, which is three more than in the First Quarter when no homes were listed for sale. The average sale price was $980,000 and the median sale price was $925,000. Home sale prices ranged from $925,000 to $1,100,000. The average list to sale price ratio was 104.0%. The median list to sale price ratio was 102.9%. Average and median days on market during the second quarter were six. At the end of the Second Quarter (22 comments)
On the Charlotte, North Carolina side of Bridgehampton, only one home was listed in the 4th Quarter 2021 at an asking price of $979,900. This home had not closed as of the end of the fourth quarter. There were no other sales during this quarter.
On the Indian Land, South Carolina side of Bridgehampton, four homes sold during the 4th Quarter 2021 at an average sale price of $663,00 and a median sale price of $640,00. On average, sellers received 99% of list price in final sales price. Cumulative average days on market were (18 comments)
On the Charlotte, North Carolina side of Bridgehampton, four homes sold in the 3rd Quarter 2021. The average sale price was $860,000 up from $779,375 in the 2nd Quarter. The median sale price was $897,000, up from $752,750 in the 2nd Quarter. On average the homes sold in seven days. Sellers received 106.5% of asking price, on average, in final sale price. At quarter end, no homes were listed for sale or under contract.
One home that sold at $930,000 ($30,500 over asking price) in the third quarter set a new sales price (24 comments)
Bridgehampton Neighborhood in Charlotte's Ballantyne Real Estate Report & Neighborhood Spotlight: Quarter 1 - 2021
On the Charlotte, North Carolina side of Bridgehampton, NO homes sold in the 1st Quarter 2021. As a result, at first quarter-end, NO homes were under contract on the Charlotte side of Bridgehampton and NO homes were listed for sale.
What says extreme inventory shortage than no homes listed, no homes sold, no homes under contract?
On the Indian Land, South Carolina side of Bridgehampton, 5 homes sold during the first quarter 2021 at an average sale price of $548,780 and a median sale price of $534,900. On average, sellers received 97.7% of list (24 comments)
Bridgehampton Neighborhood in Charlotte's Ballantyne Real Estate Report & Neighborhood Spotlight: Quarter 4 - 2020
On the Charlotte, North Carolina side of Bridgehampton, 4 homes sold in the 4th Quarter 2020 at an average selling price of $700,000 and at a median sale price of $707,000. Average cumulative days on market were ust 19 days. Average and median days on market were each one day. Home sellers received 102.6% of list price in sale price.
At quarter-end, no homes were under contract on the Charlotte side of Bridgehampton and no homes were listed for sale.
Closed Number Of Sales In Bridgehampton/Charlotte: Quarter 4 - 2020
On the Indian Land, South Carolina side (18 comments)
Bridgehampton Neighborhood in Charlotte's Ballantyne Real Estate Report & Neighborhood Spotlight: Quarter 1 - 2020
As it was in the prior three quarters, the headline of the story for Bridgehampton home sales during the 1st Quarter 2020 is: "there was no inventory to speak of."
On the Charlotte, North Carolina side of Bridgehampton, 2 homes sold in the 1st Quarter 2020 at an average selling price of $662,675. Price per square foot averaged $143.60. Average cumulative days on market were 147 in the first quarter, but this number was heavily skewed by one of the homes that took 274 days to sell. The other home that sold, sold in 19 days. Home buyers paid 94.98% of listing price, on average.
Bridgehampton Neighborhood in Charlotte's Ballantyne Real Estate Report & Community Spotlight: Quarter 4 - 2019
As it was in the third quarter, the headline of the story for Bridgehampton home sales during the 4th Quarter 2019 is: "there was no inventory to speak of."
On the Charlotte, North Carolina side of Bridgehampton, 3 homes sold in the 4th Quarter 2019 at an average selling price of $685,300 and a median selling price of $675,000. Price per square foot averaged $140.47. Average cumulative days on market were 16 in the fourth qarter (down from 50+ days in the previous quarter). Home buyers paid 98.71% of listing price, on average.
Bridgehampton Neighborhood in Charlotte's Ballantyne Area Real Estate Snapshot/Quarter 3, 2019
The headline of the story for Bridgehampton home sales during the 3rd Quarter 2019 is: "there was no inventory to speak of."
On the Charlotte, North Carolina side of BridgeHampton, 5 homes sold in the 3rd Quarter 2019 with an average selling price of $629,200 and a median selling price of $630,000. Price per square foot averaged $144.06. Average cumulative days on market were 52 in the third qarter. Home buyers paid 97.72% of listing price, on average. Year-to-date, 13 homes have sold in this part of BridgeHampton. Inventory in BridgeHampton remains exceedingly tight for a neighborhood with almost (12 comments)
Bridgehampton Neighborhood in Charlotte's Ballantyne Area Real Estate Snapshot/Mid-Year Update: January 2019 - June 2019
On the Charlotte, North Carolina side of BridgeHampton, 8 homes have sold year-to-date in 2019 with an average selling price of just over $660,000. Price per square foot averaged $152.39. Average days on market year-to-date have been 42, however this was heavily skewed by one home that was on market for 203 days. Without that home in the DOM calculation, average days on market were just 19. Home buyers paid 97.84% of listing price, on average.
On the Indian Land, South Carolina side of BridgeHampton, 13 homes have sold year-to-date in 2019 with an average selling (20 comments)
Bridgehampton Neighborhood in Charlotte's Ballantyne Area Real Estate Snapshot 2019 Year-To-Date
On the Charlotte, North Carolina side of BridgeHampton, 3 homes have sold year-to-date in 2019 with an average selling price of just under $667,000 and a median selling price of $655,000. Average days on market year-to-date have been 85.
On the Indian Land, South Carolina side of BridgeHampton, 6 homes have sold year-to-date in 2019 with an average selling price of just under $521,000 and a median selling price of $519,500. Average days on market year-to-date have been 33.
To track sales in Bridgehampton "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Bridgehampton sales activity.