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)
SOUTHAMPTON HOME SALES OVERVIEW Southampton's home prices increased in Quarter 1-2023 compared with the previous three quarters. The list to sale price ratio was flat and was over 100%. With just four properties sold in the first quarter, inventory remained tight and resulted in just four days on market in Quarter 1-2023.
SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: QUARTER 1 - 2023
To track sales in Southampton "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Southampton sales activity.
PRINCETON AT SOUTHAMPTON HOME SALES OVERVIEW Adjacent to (18 comments)
SOUTHAMPTON HOME SALES OVERVIEW Southampton's home price increases "normalized" in 2022, but while average days on market increased, home still sold quickly in an average of just 10 days. The list to sell price ratio was just under 100%. In Quarter 4-2022, the average days on market dropped by one day to nine days and the list to sale price ratio also dropped by 0.59%. Inventory remained tight in Southampton throughout 2022.
SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: 2022
SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: QUARTER 4 - 2022
SOUTHAMPTON HOME SALES OVERVIEW Southampton in south Charlotte's upscale Ballantyne area is a sprawling 400+ home community built by Centex Homes featuring transitional-style 2-story and ranch single family homes. The community is organized into three sections: Cambridge, Oxford, and Wellesley.
Southampton in Ballantyne saw four homes sell at an average sale price of $424,975 during the Quarter 3 - 2022, four fewer than the number of sales in the Third Quarter 2021. Quarter-over-quarter, one more home sold in Quarter 3 than in Quarter 2. Average sale price rose 3.53% (34 comments)
Southampton in Ballantyne saw three homes sell at an average sale price of $475,500 during the Quarter 2 - 2022, one less than the number of sales in the Second Quarter 2021. The number of homes sold was flat quarter-over-quarter and the average sale price was almost $90,000 higher than in the First Quarter 2022. Average sale price rose 21.19% over the same quarter one year ago, setting a new record for home prices. Sale prices ranged from a low of $411,500 to a high of $550,000.
Southampton and Southampton Commons neighborhoods in Ballantyne both saw increasing home prices in Quarter 1 - 2022. While home price appreciation moderated somewhat in Southampton, in Southampton Commons average and median home prices increased almost 30% quarter-over-quarter. There were no sales in Princeton at Southampton.
Southampton in Ballantyne saw three homes sell at an average sale price of $385,000 during the Quarter 1 - 2022, two more than the number of sales in the First Quarter 2021. Median sale price of homes sold in Southampton in the First Quarter 2022 was (25 comments)
Southampton, Southampton Commons, and Princeton at Southampton neighborhoods in Ballantyne all saw increasing home prices in the Fourth Quarter 2021, setting new price records in all three neighborhoods and increasing over 37% in Southampton and Southampton Commons.
Southampton in Ballantyne saw 6 homes sell at an average sale price of $425,270 during the Fourth Quarter 2021, one more than the number of sales in the Fourth Quarter 2020. Median sale price of homes sold in Southampton in the Fourth Quarter 2021 was $436,350. Median and average sale prices rose (28 comments)
Southampton Neighborhoods in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 3 - 2021
Southampton, Southampton Commons, and Princeton at Southampton neighborhoods in Ballantyne all saw increasing home prices in the Third Quarter 2021, setting new price records in all three neighborhoods.
Southampton in Ballantyne saw eight homes sell at an average sale price of $406,556 during the Third Quarter 2021, two more than the number of sales in the Third Quarter 2020. Median sale price of homes sold in Southampton in the Third Quarter 2021 was $400,000. Median and average sale prices rose 21.8% and 19.7%, respectively, compared with the same time period one (18 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 2 - 2021
Southampton in Ballantyne saw three homes sell at an average sale price of $395,750 during the second quarter of 2021, two less than the number of sales in the second quarter of 2020. Median sale price of homes sold in Southampton in the second quarter 2021 was $409,000. Both median and average sale prices rose over 24% compared with the same time period one year ago.
Average days on market were just 2 days.
New listings were five in the second quarter 2021, equal to the same number in the same quarter one year (12 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 1 - 2021
Southampton in Ballantyne saw just one home sell at a sale price of $388,00 during the first quarter of 2021, one less than the number of sales in the first quarter of 2020. This home sold in 14 days at 97.2% of list price.
New listings stood at one in the first quarter 2021, compared with five for the same quarter one year ago.
At quarter-end, one Southampton home was under contract and no homes were listed for sale. This speaks to just how extremely limited inventory is in Southampton, which is a community (22 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 4 - 2020
Southampton in Ballantyne saw five homes sell at an average sale price of $339,714 during the fourth quarter of 2020, one more than the number of sales in the fourth quarter of 2019. Median sale price for these five Southampton homes was $350,000. Sellers received 98.5% of their listing price in final sale price.
Average days on market in the fourth quarter were 27 days. New listings were flat year-over-year (only four).
At fourth quarter-end, no Southampton home were under contract and no homes were listed for sale. This speaks to just (16 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 3 - 2020
Southampton in Ballantyne saw six homes sell at an average sale price of $342,833 during the third quarter of 2020 equalling the number of sales in the third quarter of 2019. Median sale price for these six Southampton homes was $334,500. Sellers received 98.7% of their listing price in final sale price.
Average days on market dropped to 31 days year-over-year.
At third quarter-end, no Southampton home were under contract and one home was listed for sale. With just one home for sale in a community with over 400 homes, inventory is razor-thin.
Detailed report on Southampton neighborhood home sales .
To track sales in Southampton "real time," (16 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Neighborhood Spotlight Quarter 1 - 2020
Southampton in Ballantyne saw 2 homes sell at an average sale price of $272,000 during the first quarter of 2020 equalling the number of sales in the first quarter of 2019. Median sale price for these 2 Southampton homes was $272,000. Sellers received 96.79% of their listing price in final sale price.
Average days on market dropped to 33 days year-over-year. Because Southampton homes range in sale price from the high $200,000's to the high $300,000's and now into the low $400,000's, the decrease in average and median sale prices versus the first quarter one year ago is (16 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Report & Community Spotlight Quarter 4 - 2019
Southampton in Ballantyne saw 4 homes sell at an average sale price of $328,000 during the fourth quarter of 2019. Median sale price for these 4 Southampton homes was $310,000. Sellers received 99.11% of their listing price in final sale price. Average days on market dropped to just 18 days year-over-year. Because Southampton homes range in sale price from the high $200,000's to the high $300,000's and even now into the low $400,000's, the decrease in average and median sale prices versus the fourth quarter one year ago is not necessarily an indication that home (8 comments)
Southampton Neighborhood in Charlotte's Ballantyne Area Real Estate Snapshot For 2nd Quarter 2019
Southampton in Ballantyne saw 10 homes sell at an average sale price of $317,650 during the second quarter of 2019. Median price for these 10 homes was $325,000. Sellers received 97.43 of their listing price in final sale price. Because Southampton homes range in sale price from the high $200,000's to the high $300,000's the decrease in average and median sale prices versus the second quarter one year ago is not necessarily an indication that home values are dropping. Rather, it's more the impact of the price mix of homes that are listed and sold.