Ballantyne (Charlotte NC) Real Estate Market Report – JULY 2018
Homes in Ballantyne Charlotte NC area range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated right on the golf course. The Ballantyne area is pristine, clean, upscale and features some of the area’s top-ranking schools from the elementary level to high school.
The real estate market in one of the nation’s most popular zip codes, 28277 (Ballantyne) continues to be a strong one and one most definitely in a sellers’ market. Here is the updated market report for the Ballantyne area of Charlotte, NC.
Average Days on the Market (DOM) last month, ranges from 17 – 53, as per the price ranges below.
Inventory in the 28277 zip code continues to be a strong sellers’ market with a 0.8 to a 4.0 month supply in the respective price categories below.
Average Price Per Square Foot are showing strong gains from 2.0% year-over-year in the $500K+ price range to a 5.2% gain in the $200K – $300K price range
Sales Price Averages over a 5-year period began to level out last month with the lower price range being the only one showing slight positive gains, (less than 1%).
List-to-Sales Price Ratios in the 28277 zip code range are up less than 1% in each price range, netting sellers from 96.2% to 97.8% of list price
Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Charlotte. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Charlotte area with you…and give you the grand tour of our gorgeous city!
If you’re thinking of selling your Charlotte home, let’s talk! As with everything in life, preparation is key and I will equip you with what you’ll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310
*References from any of our sellers are available upon request. Read our reviews at www.CharlotteRealEstateAgentReviews.com.
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Ballantyne (Charlotte NC) Real Estate Market Report – JULY 2018