Ballantyne (28277 Zip Code) Monthly Real Estate Report: October 2019

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Real Estate Agent with Coldwell Banker Residential Brokerage

 

Ballantyne (28277 Zip Code) Real Estate Report/Snapshot

October 2019

 

Latest news on the Ballantyne real estate market and what it means for you...

 

Average Ballantyne home sale prices increased 6.3% in October 2019 compared with the same month one year ago. Home sellers received 97.7% of list price in final sale price. October was the fifth consecutive month we saw an increase in home sale prices.

Ballantyne homes continue to sell quickly with Median Days on Market just 14 days, down 7 days compared with one year ago. Average Days on Market were down by one day compared with one year ago at 35 days. Average Price Per Square Foot increased by $4/square foot to $151 in October 2019 compared with one year ago.

Closed sales increased 11%, while pending sales were up 26.8% in October year-over-year in the Ballantyne area.

Ballantyne's months supply of homes remained low at 1.6 months (down from 2.8 months one year ago and 1.8 months in September 2019). This coupled with a 38.4% drop in housing inventory and a drop of 26.1% in new listings in October 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?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

 

 MORE INFORMATION ABOUT THE BALLANTYNE HOUSING MARKET'S PERFORMANCE IN OCTOBER 2019  

 

  

How The Ballantyne Housing Market Performed In

October 2019 versus October 2018

 

 Ballantyne Housing Market Snapshot October 2019

 

  

 

MEDIAN SALE PRICE TRENDS IN BALLANTYNE AREA

 

 

 

 

CHECK OUT THE 12 HOTTEST BALLANTYNE AREA NEIGHBORHOODS

 

Hot Ballantyne NC Neighborhoods

 

 

 SEARCH ALL BALLANTYNE AREA HOMES 

 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home,”

 

 

WONDERING WHAT YOUR BALLANTYNE AREA HOME IS WORTH?

 

 

What Is My Ballantyne Area Home Worth?

 

FREE Home Seller Guide: “Things To Consider When Selling Your House,”

 

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

 

 

 

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.

 

If you're considering selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you how:

 "The Right Broker Makes All The Difference."

 

 

Previous Ballantyne Area Housing Market Updates:

 

Ballantyne Housing Market Update: September 2019

Ballantyne Housing Market Update: August 2019

Ballantyne Housing Market Update: July 2019

Ballantyne Housing Market Update: June 2019

Ballantyne Housing Market Update: May 2019

Ballantyne Housing Market Update: April 2019

Ballantyne Housing Market Update: March 2019

Ballantyne Housing Market Update: February 2019

Ballantyne Housing Market Update: January 2019 

Ballantyne Housing Market Update: December 2018

Ballantyne Housing Market Update: November 2018 

Ballantyne Housing Market Update: October 2018

 

  

Great Homes In Charlotte

 

 

First published at:https://greathomesincharlotte.com/housing-market-reports-updates/ballantyne-real-estate-report-october-2019/

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
4,578,661
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Another one of your complete reports on real estate market trend s in Ballantyne.  Well done as always. A

Nov 19, 2019 10:45 AM #1
Rainmaker
3,216,842
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel thanks, Alexandra... I'm so late this month with reports this month and I'll need to do next month's almost as soon as I finish with this month.

Nov 19, 2019 12:05 PM #2
Rainmaker
2,603,209
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This is important real estate market data for home buyers and sellers in Ballantyne, Nina.

Nov 19, 2019 06:55 PM #3
Rainmaker
3,216,842
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat good morning, Myrl. Thank you as always for popping by! It's always nice to see your smiling face first thing in my morning!

Nov 20, 2019 04:10 AM #4
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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