Ballantyne (Charlotte NC) Real Estate Market Report – OCT 2018
One of Charlotte’s areas showing the most growth, the Ballantyne Charlotte NC area is appealing to those who want more square footage for the price, top ranked schools and close proximity to a thriving business center. Homes in Ballantyne range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated on the golf course. The Ballantyne area is pristine, clean, upscale and features shopping, entertainment and the list of popular restaurants seems to be growing by the month!
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 with an average of a 2.2 month supply.
Here is the updated market report for the Ballantyne area of Charlotte, NC.
Average Days on the Market (DOM) last month, ranged from 18 – 55, as per the price ranges below.
Inventory in the 28277 zip code continues to be a strong sellers’ market with a 0.9 to a 4.1 month supply in the respective price categories below.
Average Price Per Square Foot are showing small gains, even in the $500K+ price range
Sales Price Averages over a 5-year period began to level out last month with all price ranges showing slight positive gains, (less than 1%).
List-to-Sales Price Ratios in the 28277 zip code last month netted sellers from 96.2% to 97.9% 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 – OCT 2018