Ballantyne Country Club Real Estate Market Trends: A 2022–2024 Comparison
Ballantyne Country Club continues to stand out as one of the premier luxury neighborhoods in the Charlotte area, boasting elegant homes, lush golf courses, and top-tier amenities. With real estate being a dynamic market, staying informed on trends is crucial for both buyers and sellers. This article highlights the key real estate metrics for Ballantyne Country Club over the past three years and offers expert insights into what they mean for the community.
Rising Home Values in Ballantyne Country Club
The average sales price for homes in Ballantyne Country Club has shown steady growth over the last three years:
- 2024: $1,500,000 (+8.7% compared to 2023)
- 2023: $1,380,434 (+3.2% compared to 2022)
- 2022: $1,338,178 (+20.2% compared to 2021)
These numbers reflect a strong, high-demand market. While 2022 saw a record-breaking 20.2% jump, the market has since stabilized, showing a more sustainable pace of growth. The 8.7% increase in 2024 highlights ongoing confidence in Ballantyne Country Club as a desirable and valuable community.
Price Per Square Foot: Buyers’ Expectations Rise
In addition to overall prices, the cost per square foot has risen significantly:
- 2024: $319.26 (+11.7%)
- 2023: $285.83 (+0.4%)
- 2022: $284.44 (+27.8%)
The sharp rise in 2024 signals that buyers are willing to invest more per square foot for properties that meet their expectations. This trend aligns with increased demand for premium finishes, modern upgrades, and luxury features that reflect the neighborhood’s reputation.
Market Competitiveness: Balanced and Steady
A key indicator of market competitiveness is the percentage of sales price compared to the listing price.
- 2024 and 2023: 100.0%
- 2022: 104.5%
In 2022, homes often sold above their listing price due to heightened competition among buyers. By 2024, this has leveled out to 100%, indicating that sellers are pricing homes more accurately, and buyers are proceeding with greater caution.
Activity and Demand: Days on Market
The average days on market (DOM) provides insight into how quickly homes are selling:
- 2024: 23 days (+53%)
- 2023: 15 days (+36%)
- 2022: 11 days (+52%)
Although homes are taking slightly longer to sell compared to the frenzy of 2022, the 23-day average in 2024 is still a robust figure, particularly for luxury markets. This suggests that while buyers are taking their time, properties are still moving relatively quickly.
Number of Listings Sold
The number of homes sold each year reveals the market’s activity level:
- 2024: 45 properties (+28.6%)
- 2023: 35 properties (same as 2022)
The increase in listings sold in 2024 is a positive sign of an active market. It demonstrates that while prices have risen, buyers are still eager to purchase homes in this prestigious community.
Featured Listing: 721 Governor Morrison Street #526
In addition to her expertise in Ballantyne Country Club, Katy Bradfield represents exceptional properties throughout Charlotte, including this wonderful 2BR/2BA condo in the heart of SouthPark.
About the Property
- Location: 721 Governor Morrison Street #526, Charlotte, NC 28211
- Key Features:
- Freshly painted, move-in ready 2-bedroom, 2-bathroom layout.
- Kitchen with granite countertops and stainless steel appliances.
- Hardwood floors throughout and plantation shutters in both bedrooms.
- Spacious primary suite with a huge walk-in closet and spa-like bath.
- Private balcony with sliding glass doors, ideal for entertaining or relaxing.
- Washer and dryer included.
- Community Amenities:
- Beautiful pool, outdoor grilling area with a fireplace.
- Clubhouse with a full kitchen and meeting space.
- Fitness center and business center.
- Easy access to SouthPark Mall, specialty shops, and dining options like Yama, Yafo Kitchen, and Firebirds.
This property offers luxury living in one of Charlotte’s most desirable neighborhoods. Whether you’re a first-time buyer or looking to downsize in style, this condo combines convenience, charm, and community amenities.
- Listing Courtesy of: Corcoran HM Properties, Katy Bradfield
Key Takeaways for Buyers and Sellers
- For Sellers: The 2024 market remains highly favorable. With higher prices per square foot and strong demand, sellers can expect competitive offers. However, pricing accurately is critical, as buyers are more discerning than in previous years.
- For Buyers: While prices have risen, increased inventory in 2024 offers more options. With homes taking slightly longer to sell, buyers may have more time to evaluate properties and negotiate favorable terms.
Expert Insights from Katy Bradfield
Navigating the nuances of the Charlotte real estate market requires local expertise. As a licensed realtor in North Carolina and South Carolina, Katy Bradfield specializes in guiding clients through high-end real estate transactions in areas like Ballantyne Country Club and SouthPark. Her deep understanding of market trends, coupled with her commitment to delivering exceptional service, makes her the go-to expert for both buyers and sellers.
With Katy’s help, you can ensure your real estate goals are met, whether you’re looking to buy your dream home or maximize the return on your property.
Contact Katy Bradfield Today
Ready to take the next step in your Charlotte real estate journey? Reach out to Katy for expert advice and personalized guidance.
- Katy Bradfield, Broker | Realtor®
- Licensed in NC & SC
- Phone: 704.965.5968
- Email: katy@hmproperties.com
- Website: hmproperties.com
Whether you’re interested in Ballantyne Country Club, SouthPark, or another prestigious neighborhood, Katy can help you navigate the market and make your next move with confidence!
