April 2025 Ballantyne Housing Report:
Prices, Sales, Inventory, Days on Market Trends
Ballantyne real estate April 2025 experienced a mix of trends. The median sale price increased to $571,900, up 3.98% from the previous month and was 10.64% lower than a year ago. This decline reflects the price mix of homes sold rather than a decrease in home values. The average sale price declined 8.53% month-over-month to $637,835 and declined 12.46% from April one year ago. Again, this year-over-year decline reflects the price mix of homes sold rather than a decrease in Ballantyne home values. Homes sold for an average of $270 price per square foot, marking a 1.82% decline from March and a 1.89% gain year-over-year.
Homes continued to sell close to their list prices, with a list-to-sale price ratio of 99.97%, showing little room for negotiation. The average days on the market increased to 27 days from 21 days the month before and from seven days one year ago. Nonetheless, days on market of under 30 days are low by any measure. Sales increased a third consecutive month, with 77 homes sold—up from 72 in the prior month of March, but down from 93 sales in April one year ago.
Inventory grew a fourth consecutive month to 361 homes, an 8.73% increase month-over-month and nearly 39% higher than one year ago. New listings increased a fourth consecutive month to 124, up by 23 from the prior month and up by 32 from April 2024. Despite these increases in inventory and new listings, the months supply of inventory remained relatively flat at 4.69 months, indicating a balanced market between home buyers and sellers.
BALLANTYNE REAL ESTATE MARKET TRENDS April 2025
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This Charlotte, North Carolina monthly Ballantyne real estate report is provided by Nina Hollander with Coldwell Banker Realty, Ballantyne area specialist, neighbor and Greater Charlotte residential real estate expert. I've been opening doors for Ballantyne home buyers and sellers since 1999.
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 why experience matters and how:
PREVIOUS BALLANTYNE AREA REAL ESTATE REPORTS
Ballantyne Real Estate March 2025
Ballantyne Real Estate February 2025
Ballantyne Real Estate January 2025
For more details on the Ballantyne housing market in April 2025, read the original report at www.GreatHomesInCharlotte.com
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