Bridgehampton In Ballantyne Home Sales Review: Quarter 1 - 2020

By
Real Estate Agent with Coldwell Banker Realty
https://activerain.com/droplet/5n9t

 

 

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.

 

At quarter-end,  one home was listed for sale on the Charlotte side of Bridgehampton and no homes were under contract. However, as of the start of the 2nd Quarter 2020 three single family homes were listed for sale and one townhome in the Gates at Bridgehampton. Clearly, these homes came on the market in time for the spring selling season and unfortunately also just in time for COVID-19 stay-at-home restrictions to go into effect.

 

 

 

Closed Number Of Sales In Bridgehampton/Charlotte:

Quarter 1 - 2020

Bridgehampton In Ballantyne Home Sales Report Q1-2020 

 

 

On the Indian Land, South Carolina side of Bridgehampton, no homes sold during the first quarter 2019, underscoring the lack of inventory in this in-demand neighborhood, as this is the third consecutive quarter with no sales.  At quarter-end, one homes was listed for sale. In the first month of the 2nd quarter 2020, four homes were listed for sale. Clearly, these homes came on the market in time for the spring selling season and unfortunately also just in time for COVID-19 stay-at-home restrictions to go into effect.

 

  

 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.

 

 

Home Sale Price Trends In Bridgehampton Neighborhood

 

 

 

 

 

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 the Ballantyne area.  Approximately half of the community's homes are in Charlotte on the North Carolina side, while the other half are in Indian Land on the South Carolina side. The primary "visible" difference in homes is that the North Carolina homes were built as an all-brick/stone community, while on the South Carolina side, homes were primarily brick front with hardiplank siding, although there were some homes that had three sides brick. Majority of the homes were built between 1999 and 2006.

 

Voted “Best Overall Community” by the Charlotte Homebuilder’s Association, Bridgehampton offers wonderful amenities, an active Neighborhood Association, a strong sense of community spirit and quiet, tree-lined streets complete with sidewalks and cul-de-sacs. 

 

Its prime location in the upscale Ballantyne area puts every convenience easily within reach. And with its resort-style amenities and plenty of neighborhood activities, BridgeHampton is the perfect choice for today’s active families.

 

As you drive through its gently winding streets, you immediately sense why Bridgehampton is known as one of south Charlotte’s premier neighborhoods. Home exteriors reflect time-honored tastes. Architectural details display a superior level of attention by John Wieland Homes, long recognized as one of Charlotte’s top luxury home builders. Larger home sites comfortably accommodate spacious homes with lots of greenery creating privacy without compromising a sense of neighborliness.

 

 

 COUNTRY CLUB LIFETYLE WITHOUT THE COUNTRY CLUB COST

 

  • The Clubhouse at Bridgehampton: a 6,000 square foot facility featuring two outdoor covered porches, a full kitchen, a loft lounge area, TV/Media/PA system and spacious ballroom with an 18-foot ceiling.

  •  Olympic size swimming pool with water slide and wading pool for the younger "set."

  • Amenties Center In Bridgehampton community in Charlotte's Ballantyne AreaFitness Center open 24 hours/7 days a week.

  • Four lit, regulation sized tennis courts.

  • Basketball court.

  • Volleyball court.

  • Children's playground.

 

Bridgehampton's active HOA organizes many clubs/activities for residents including a swim team, bridge club, book club, ladies' bunko, aqua zumba classes. Social activities include: the annual Welcome Summer Pool Party & Rib Cook-Off, a July 4th Parade, spring and fall soccer shots, kids summer sports camp, Adult Valentine's Day and Halloween Parties, Children's Halloween and Christmas Parties, Family Fall Festival & Chili Cook-Off, Oktoberfest night, and more. It's hard to run out of things to do in BridgeHampton.

 

WHAT ARE THE HOMES LIKE IN BRIDGEHAMPTON?

 

Bridgehampton homes in Charlotte's Ballantyne areaThe majority of homes built in BridgeHampton are 2-story, but you'll also find 3-story homes, as well as homes with walkout basements. Homes offer four to six bedrooms and typically a minimum of three bathrooms. Square footage ranges from 3,200 to more than 5,000 square feet. Bridgehampton homes typically sit on .3 to .4 acre lots, considered generously sized lots in the Ballantyne area these days.

 

Typical home in Bridgehampton community in Charlotte's Ballantyne Area

Within the Bridgehampton neighborhood is a separate, gated neighborhood of luxury townhomes known as The Gates of Bridgehampton. The Gates at Bridgehampton have their own homeowner association. The townhomes are 2-story homes, typically with three bedrooms and 3.5 bathrooms, ranging in size from approximately 2,500 square feet to almost 4,000 square feet. The homes feature private courtyards for outdoor space. No townhomes in The Gates in 2019 or are currently listed for sale.

 

                                                        

 SEARCH ALL BRIDGEHAMPTON HOMES FOR SALE

 

 

Prime Convenience In Ballantyne

 

Bridgehampton is located just three miles south of I-485 in the prestigious Ballantyne area of south Charlotte with easy access to Charlotte's Uptown, the airport, and business centers. Every convenience is nearby, including great shopping, fine dining, and exceptional golf courses and country clubs!

 

INTERSTATES: I-485, I-77, I-85 all within 10-20 minutes of the community. Charlotte-Douglas International Airport is less than a 30 minute trip from BridgeHampton.

 

MAJOR SHOPPING: Carolina Place Mall, Carolina Pavilion, The Arboretum Shopping Center, South Park Mall, NorthLake Mall, Concord Mills Mall, Charlotte Premium Outlets, all within a 15-30 minute drive.

 

LOCAL SHOPPING: Hunter's Crossing, Ballantyne Village, Ballantyne Commons, Blakeney Shopping Center, Blakeney Crossing, Stonecrest Shopping Center, Carmel Commons, all reachable in about 10 minutes. Also within minutes of the neighborhood, you'll find the big box store like Walmart, BJ's, and Sam's Club.

 

BUSINESS CENTERS: Ballantyne Corporate Park (3.5 miles away); South Park (11 miles away); Arboretum Medical Plaza & Business Center (6 miles away); Toringdon Center (less than 5 miles away).

 

PRIVATE SCHOOLS: Convenient to exceptional private schools, including: Charlotte Latin, Charlotte Christian, Charlotte Country Day, Providence Day,  Charlotte Catholic High.

 

PUBLIC SCHOOLS: On the Charlotte side in North Carolina: Elon Park Elementary, Community House Middle School, Ardrey Kell High School. All three of these schools are rated 10 out 10 by GreatSchools. org. On the Indian Land side in South Carolina: Harrisburg Elementary (rated 8 out of 10), Indian Land Middle School (rated 9 out of 10), and Indian Land High School (rated 7 out of 10). Ardrey Kell High School continues to be ranked the #1 high school in the entire Charlotte region.

 

HOSPITALS: Carolinas Medical Center in Pineville is reachable in 10 minutes. Presbyterian Hospital and Carolinas Medical are also reachable with less than 30 minutes.

 

GOLF: A myriad of incredible golf courses nearby, including: Ballantyme Resort, Ballantyne Country Club, Firethorne Country Club, TPC@ Piper Glen,  Carolina Lakes Golf Club, all 15 minutes or less away.

 

RECREATION: Great family recreation nearby including the Morrison Family YMCA, Carowinds Theme Park, Mecklenburg Acquatic Center, the Levine Jewish Community Center, Discovery Place, and numerous Charlotte public parks.

 

EASY ACCESS TO GREAT SPORTS VENUES: Carolinas Panthers Football, Charlotte Hornets Basketball, Charlotte Knights Baseball, Charlotte Checkers Hockey, Lowes Motor Speedway.

 

 

 IF YOU WANT TO MAKE BRIDGEHAMPTON YOUR NEXT HOME:

SEARCH ALL BRIDGEHAMPTON HOMES FOR SALE HERE

 

 

CHECK OUT THE 12 HOTTEST SELLING BALLANTYNE NEIGHBORHOODS

 

 

FIND OUT WHAT YOUR BRIDGEHAMPTON OR BALLANTYNE HOME IS WORTH

 

What's My Ballantyne Home Worth

          

 

SEARCH ALL BALLANTYNE AREA HOMES FOR SALE

 

If you're considering selling your Bridgehampton or Ballantyne area home, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty. Let's get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to the buyers who are ready, willing and able to buy now. 

THE COLDWELL BANKER ADVANTAGE

 

W've been opening doors for Ballantyne home buyers and sellers or 20+ years and are also your Ballantyne neighbors since 2001.

Let us also show you how:

"The Right Broker Makes All The Difference."

 

Great Homes In Charlotte

 

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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 Realty
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 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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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
3,401,413
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina,  Great information for your buyers and sellers that you share with them and us here in the rain.  Make it a great day!.

 

May 03, 2020 09:18 AM #19
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Will Hamm thanks, Will, for popping by. Wishing a good rest of the weekend and a good week ahead.

May 03, 2020 09:20 AM #20
Rainmaker
5,765,629
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday afternoon, Nina. Have a great day and an outstanding week.

Image may contain: flower, plant, nature and outdoor

May 03, 2020 09:34 AM #21
Rainmaker
511,376
Steven Nickens
Wailea Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Hi Nina, we have also low inventory on Maui, and the market has slowed down with the virus. Our high end in the market has turned into a buyers market but under million is still strong. Bridgehampton looks like a great place to hang your hat. Very impressive market report.

May 03, 2020 09:53 AM #22
Rainmaker
908,459
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Love Ballantyne area, and with no inventory it is hard to know what is ahppening to the market right now, but do know that it is an area people like to live.

May 03, 2020 10:42 AM #23
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley hi Roy... thank you for my beautiful pink peony. It has certainly brightened my day!

May 03, 2020 10:44 AM #24
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Steven Nickens hi Steven... thank you for the kind words. Bridgehampton is a lovely community to live in... I know first-hand having lived there for five and a half years, myself. Being from a market where the median price of homes hardly hits $300k, it amuses me to hear that your under $1million market is strong.

May 03, 2020 10:46 AM #25
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Nick Vandekar, 610-203-4543 hi Nick... Ballantyne's inventory was razor-thin before the corona virus (as well evidenced by Bridgehampton). I can't imagine what it will be like once the April numbers are out.

May 03, 2020 10:47 AM #26
Rainmaker
3,329,790
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Interesting Nina that this neighborhood covers two areas. Even the beautiful signage shows the high quality of the neighborhood. 

May 03, 2020 02:01 PM #27
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... we don't have many communities that span two states like this one, but we do have a number of them that span two different counties in one state.

May 03, 2020 02:19 PM #28
Ambassador
3,249,952
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

You, my friend, have to have one of the most vast followings on ActiveRain stretching as far out as Maui. Color me impressed!

Happy Sunday Nina Hollander 

 

May 03, 2020 03:42 PM #29
Rainmaker
1,366,293
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - You always provide such great information to your clients. This Bridgehampton report is no different.  Though I think the 2nd Q will be more telling about the future. 

May 03, 2020 05:17 PM #30
Rainmaker
3,339,698
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina I hope you contributed to those statistics in a positive manner, Endre

May 03, 2020 10:14 PM #31
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... I like to spread my net far and wide! Happy Monday to you!

May 04, 2020 06:05 AM #32
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® good morning, Sheri. At this point in time I'm not forecasting anything about the second quarter... I have a feeling the market will be hyperlocal in any event.

May 04, 2020 06:06 AM #33
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Endre Barath, Jr. hi Endre... I've sold my share of homes in Bridgehampton (including mine own)... but it's been a while... inventory has been so tight and when there's literally nothing to sell you can't sell it.

May 04, 2020 06:07 AM #34
Rainmaker
2,721,919
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Bridgehampton home buyers and sellers are sure to value your real estate market report, Nina.

May 04, 2020 06:52 AM #35
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat good afternoon, Myrl (guess it's still morning for you)... I hope your new week has gotten off to a wonderful start!

May 04, 2020 09:14 AM #36
Rainmaker
600,255
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Nina, all the best to you as you get many of these properties listed and sold.

Sally

 

May 07, 2020 12:06 AM #37
Rainmaker
3,441,525
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sally Crane good morning, Sally... always appreciate your taking time to stop by and leave me a comment.

May 07, 2020 04:23 AM #38
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