While there's been lots of talk about housing markets showing signs of slowing down and inventory slowly increasing in April, we saw NO SLOWDOWN in Charlotte's Ballantyne area where homes sold in five days, median home prices reached record levels, and new listings and inventory were critically low. Home sellers continued to received a substantial amount over asking price in final sale price.
As a result, Ballantyne (28277 zip code) remained a home seller's market in April 2022, resulting from the continued lack of inventory, which dropped (14 comments)