Here is my Ballantyne Country Club real estate market report 2013. It’s always interesting to look back over the previous year’s real estate market stats in a particular neighborhood – the numbers paint a very vivid picture of where the market is headed. Get more details about Ballantyne Country Club here!
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My Ballantyne Country Club Real Estate Market Report 2013 shows a healthy increase of 4.52% in the average sales price in this luxury country club neighborhood. This follows another 3.34% increase in average sales prices in 2012 after the rock bottom year of 2011. As my graph below shows, Ballantyne Country Club prices are approaching 2006 levels, before the market crash.
Ballantyne Country Club Real Estate Market Report 2013 | Absorption Rate
My table below shows the real estate market absorption rate for Ballantyne Country Club. Absorption rate simply measures how long it will take to sell off all of the current homes for sale in Ballantyne Country Club, assuming NO new homes come on the market. For the last 3 months, the absorption rate in Ballantyne Country Club is only 4.6 months. A balanced market between buyers and sellers is a 6 month absorption rate. So the current absorption rate in this luxury neighborhood indicates that it is a SELLER’s market in Ballantyne Country Club!
Where is Ballantyne Country Club heading in 2014?
As of February 12, 2014, there were only 23 homes for sale in Ballantyne Country Club (see photos/details below). Homes are selling in 76 days on average (this is almost have the marketing time of last year). The prices of these country club homes for sale range from $480,000 (foreclosure, in smaller home section) to $3,950,000. The AVERAGE list price is $1,172,586, while the MEDIAN list price is $1,095,000. Prices are indeed on the upswing in Ballantyne Country Club.
Currently, there are 9 homes under contract in Ballantyne Country Club, ranging from $539,900 to $1,750,000 (average is $823,575, median is $649,450).
In 2013, 56 homes were sold in Ballantyne Country Club, about the same number of homes sold in 2012 in the neighborhood. However, the average sales price increased by 4.52% to $780,803, and the price per square foot increased by 7.84% to $165/square foot. The list-to-sales-price ratio increased to 96%from 94% the year before, meaning that sellers are getting, on average, 96% of their asking price.
Are you thinking about selling your Ballantyne Country Club home?
The market in Ballantyne Country Club has changed dramatically over the past year, and sellers are seeing much more appreciation in their home values. If you are thinking about listing your Ballantyne Country Club home for sale, I would be happy to come to your home for a no-obligation consultation. Homes that are priced correctly to market, are in impeccable showing condition, are staged to appeal to a broad pool of qualified buyers, and are marketed extensively are selling at a brisk pace! There is pent-up demand for great homes for sale in Ballantyne Country Club. I would be delighted to show you how my 21 point marketing plan will help get your home SOLD!
Do you want that Ballantyne Country Club lifestyle?
Ballantyne Country Club has always been one of South Charlotte’s most highly sought after and popular neighborhoods. Although you don’t have to join the country club to live in BCC, most home buyers are looking for the country club lifestyle that BCC offers. Here are just some of the amenities offered by private, member-owned Ballantyne Country Club:
- A par 72 Rees Jones-designed golf course, perfect for all skill levels.
- Active men’s, ladies and juniors golf programs and competition
- Practice golf facilities, including a driving range, putting green and short game practice area
- 7 lighted tennis courts (5 clay courts, 2 hard courts)
- Full-service tennis pro shop
- Active tennis/league play for men, women and juniors (USTA, Queen City, Interclub, Junior UST)
- Clinics/lessons for all skill levels
- 4 swimming pools, including play puddle, slide pool, 6 lane competition pool
- Active and competitive summer swim team – Ballantyne Country Club Barracudas (ages 5-18)
- Swim lessons for all levels
- Family Activities Center with year-round programs and activities (kids clubs, camps, field trips, monthly and seasonal events, parents night out, etc.)
- Fitness center open 24/7, with strength and cardio equipment and fitness classes
People also choose the Ballantyne Club lifestyle because of its super-convenient location in the heart of Ballantyne, near the intersection of Ballantyne Commons Parkway and Johnston RD (Highway 521). You’ll find shopping, dining and entertainment opportunities within a short distance, and Uptown Charlotte is just 30-45 minutes away (depending on traffic). The Charlotte Douglas International Airport is just 35 minutes away, making travel for work or pleasure a cinch!
Ballantyne Country Club Homes for Sale
Ballantyne Country Club Real Estate Expert
Buying or selling real estate in South Charlotte NC is really about lifestyle choices – finding the best neighborhood, home, school, and location to fit your family’s lifestyle. That’s why it’s important to partner with a Realtor® who will really listen to your needs and goals and who will work tirelessly until your transaction is completed to your satisfaction! Whether you are thinking about selling your Ballantyne Country Club home, or would like to buy a home in Ballantyne Country Club, I look forward to showing you why I’m not your ordinary Realtor! I use cutting-edge technology to market my listings and to attract home buyers who want that South Charlotte lifestyle!
Let me put my knowledge and experience to work for YOU! For more information on how I can best serve you, please fill out the online contact form or call, text, or email me.Melissa Brown, ABR, SFR Savvy + Company Real Estate
704-654-9700 Melissa@MelissaBrownHomes.com [spatialmatch_map id=8 show_title=true width=100% height=600]