Ballantyne's Ardrey Crest Home Prices Up 24.84% Y-O-Y In Qtr 4-2021

By
Real Estate Agent with Coldwell Banker Realty

 

Ardrey Crest Neighborhood in Charlotte's Ballantyne 

Real Estate Report & Community Spotlight:

Quarter 4 - 2021

 

3 homes sold in Ardrey Crest during the 4th Quarter 2021 compared with one homes that sold in the same quarter of 2020. New listings increased with three more homes for sale in Quarter 4-2021 than in Quarter 4-2020. 

 

Both average ($558,667) and median ($559,000) sale prices were up significantly compared with one year ago. (See chart below) Quarter-over-quarter home prices were also up. Average home prices in Quarter 4-2021 were up about $13,000 over Quarter 3-2021. Median home prices in Quarter 4-2021 were about $21,000 higher than in Quarter 3-2021. The median list to sell ratio was 100.7%. 

 

Average days on market in Ardrey Crest were 57 resulting from one home taking 93 days to sell and another 77 days to sell. The third home that sold during Quarter 4-2021 sold in 3 days.

 

At the end of the 4th Quarter 2021, NO homes were listed for sale in Ardrey Crest and NO homes were under contract.  Inventory in Ardrey Crest remains tight and this lack of inventory is clearly driving both listing and sale prices up.

 

Ardrey Crest Neighborhood in Ballantyne Real Estate Report Q4-2021

 

 Detailed report for Ardrey Crest neighborhood home sales.

 

 To track sales in Ardrey Crest "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Ardrey Crest sales activity.

 

 Median Sale Price History For Ardrey Crest Homes

 

 

Community Spotlight: Ardrey Crest Neighborhood 

One of south Charlottes area's most popular neighborhoods is Ardrey Crest, located just off of Wade Ardrey Road between Ardrey Kell and Marvin Roads, nestled between Ballantyne and Blakeney. 

 

Built by Lennar Homes, Saussy Burbank, and MI Homes between 2007 and 2014, the Ardrey Crest subdivision with 176 homes features primarily 2-story homes with 3-5 bedrooms with either 2.5 or 3.5 bathrooms and 2-car garages. Homes average 2,600-2,800 square feet. Known for it's Charleston-style architecture, many of the homes in Ardrey Crest feature rocking chair front porches and/or second floor balconies.

 

Community amenities at Ardrey Crest include: pool, cabana, walking trails, bocce ball court, labyrinth park, community fire pit. 

 

 

 

 

Ardrey Crest School Assignments

Top Schools Serve Ardrey Crest Residents

Ardrey Crest families are served by some of the top schools in Charlotte. These include:  Ardrey Kell High School, Community House Middle School, and Elon Park Elementary. A number of private and parochial schools are also nearby. (Public school assignments subject to change.) Ardrey Kell High School  was recently ranked the #1 high school in the Charlotte metro area for the fourth consecutive year.

 

Prime Ballantyne Location:

Ardrey Crest is located in the heart of Charlotte's upscale, 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 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.

 

Ardrey Crest provides easy commuting to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.

 

All of life's necessities are within 1-1/2 miles or less from the Ardrey Crest neighborhood. And if it's golf you love, there are 24 golf courses within 10 miles of the community, as well as parks and hiking trails within five miles.

Ardrey Crest in Ballantyne close to all of life's necessities     Ardrey Crest In Ballantyne close to parks and golf

 

SEARCH ALL ARDREY CREST HOMES FOR SALE 

 

WONDERING WHAT YOUR ARDREY CREST HOME IS WORTH IN TODAY'S MARKET?

 

What's Your Ardrey Crest Home In Ballantyne Worth?

 

THINKING ABOUT SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MAREKETING ADVANTAGE.

Interested In Living In Ballantyne?

Check Out 13 Hot Neighborhoods in Ballantyne Area

 

Hot Ballantyne Neighborhoods

 

SEARCH ALL BALLANTYNE AREA HOMES

SEARCH ALL GREATER CHARLOTTE AREA HOMES FOR SALE 

 

This Charlotte, North Carolina real estate update for Ardrey Crest home sales in Ballantyne is provided by  Nina Hollander and Carolinas Realty Partners, 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 selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Great Homes In Charlotte

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

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 The Greater Charlotte Area
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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.

 

Comments (16)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for Ardrey Crest for the quarter and still remains HOT! 

Jan 08, 2022 08:11 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your outstanding local community reports.

Jan 08, 2022 08:12 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Ardrey Crest has much to offer homebuyers, but with inventory so low they may have to wait. Sellers if you're reading, now is the time to call Nina Hollander to get listed and sold!

Jan 08, 2022 08:27 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Those lucky people who bought a year ago have a great investment. Nice post.

Jan 08, 2022 08:36 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Nina Hollander, Broker ,

There is no question Ardrey Crest is appreciating and if you want the right representation whether you're buying or selling you need to call Nina!

Jan 08, 2022 08:42 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... this was always a high $300,000's to under mid-$400,000's neighborhood (in other words, affordable)... and suddenly it's a $500,000+ neighborhood.

Jan 08, 2022 09:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thanks, Roy... more reports to come in days ahead... it's that time of year. Wishing you a lovely weekend.

Jan 08, 2022 09:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... by now you'd think I'd be used to seeing numbers like this about lack of inventory and rising home prices... but each month and each quarter it's still a bit of a shock to actually see them.

Jan 08, 2022 09:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... I sold to in Ardrey Crest to a buyer some four years ago... she is really, really, really lucky right now!

Jan 08, 2022 09:04 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Dorie Dillard Austin TX thanks, Dorie, for that vote of confidence. I just reviewed Ballantyne numbers for December yesterday and our inventory is down to 0.04 months... it's totally insane.

Jan 08, 2022 09:05 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Ardrey Crest is sure to peak the interest of buyers and I can understand why owners don't want to sell. But eventually, people sell and you're the one who holds the knowledge about this market area, clearly a benefit to new buyers!

Jan 08, 2022 10:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP hi Patricia... because of the location and schools, people who buy in neighborhoods like Ardrey Crest typically don't move till the last kid is out of high school. And for those who bought some years ago they can't even begin to think about recreating what they have in a new home in the Ballantyne area for reasonable money.

Jan 08, 2022 10:46 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good afternoon, Nina,

We just got back home, and I have a few minutes before a meeting.  Nice return on Ardrey Crest for last year's home buyers.  A

Jan 08, 2022 10:52 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... I'm seeing these kinds of home price increases from one community to the next... and many are saying it won't change much in 2022.

Jan 08, 2022 11:14 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jan 10, 2022 05:53 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat hi Myrl... as always, I appreciate your taking time to stop by and leaving me a comment.

Jan 11, 2022 05:25 AM