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 not necessarily an indication that home values dropped in Southampton. Rather, it's more reflective of the price mix of homes that were listed and sold during the first quarter 2020.
At first quarter-end, no Southampton home were under contract and two homes were actively listed for sale. Southampton ended 2019 as a home seller's neighborhood and remained so in the first quarter of 2020. With just two homes for sale in a community with over 400 homes, inventory is razor-thin.
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.
Southampton is served by some of the top public schools in Charlotte, including Ardrey Kell High School, Community House Middle School, and Elon Park Elementary. Any number of private and parochial schools are also nearby.
Prime Ballantyne Location:
Southampton is located in the heart of Charlotte's trendy and popular Ballantyne area. All the shopping you could want is within minutes of the neighborhood, including two large outdoor shopping centers (Blakeney and Stonecrest) which feature grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, etc. Carolina Place Mall and Carolinas Medical Center/Pineville are less than five miles away. Ballantyne Village, the world-class Ballantyne Resort and Spa, the BallantyneGolf Course are all also accessible within minutes. All the major medical practices in Charlotte maintain offices in Ballantyne, as well. Also nearby are Trader Joe's, Ballantyne Country Club, Piper Glen Club, horseback riding facilities in nearby Waxhaw. and so much more.
Southampton provides easy commuting to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.
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This Charlotte, North Carolina real estate update for Southampton home sales in Ballantyne is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, your Ballantyne neighbors/specialists and Charlotte metro area residential real estate experts. We've been opening doors for Ballantyne area home buyers and sellers for 20+ years.
If you're considering buying or selling a Ballantye home, I'd love to earn your business, exceed your expectations, and to show you how: