Ballantyne (28277 Zip Code) Housing Market Update:
Latest news on the Ballantyne real estate market and what it means for you...
Average Ballantyne home sale prices increased 10.3% in August 2019 compared with the same month one year ago. This was the third month in a row we saw a significant increase in home sale prices. Ballantyne homes continue to sell quickly with median Days on Market 11 days, down 2 days compared with one year ago. Closed sales increased 21.8%, while pending sales were up 26.5% in August year-over-year. The months supply of homes remained low at 1.9 months and a 23% drop in housing inventory kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.
Want to know what this would mean for your family if you decide to buy or sell a Ballantyne home?
This Charlotte, North Carolina real estate monthly update for Ballantyne is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Ballantyne area specialists and neighbors and Charlotte metro area residential real estate experts. We've been opening doors for Ballantyne home buyers and sellers for 20+ years.
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