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 year ago, setting new price records for the neighborhood.
Average days on market were 9 days, 10 fewer days than one year ago. Sellers received 106.9% of listing price, on average, in the Third Quarter. Clearly, no negotiating room for Southampton home buyers.
New listings were 10 in the Third Quarter 2021, two more than in the same quarter one year ago.
At quarter-end, NO Southampton homes were under contract and NO homes were listed for sale. This speaks to just how extremely limited inventory is in Southampton, a community with some 400 homes.
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Southampton neighborhoods are served by top-ranked public schools in Charlotte, including Ardrey Kell High School, Community House Middle School, and Elon Park Elementary. Private and parochial schools are also nearby, including the British International School in Charlotte, Charlotte Catholic High School.
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 why experience matters and how: