BALLANTYNE & SOUTH CAROLINA

This area continued to see upward momentum in the just completed fourth quarter, with the $500k-$999k range seeing unit sell-through increase from 163 units in 2021 to 213 in 2022. The luxury segment above $1 million, saw an increase from 24 closings to 28 in the fourth quarter Active inventory, while increasing, remained in fairly healthy proportion to new pending contracts, as 50 homes were pending below $1 million on 111 units in inventory, while the segment over $1 million saw 12 homes pending with just 11 active listings. Showing request activity on active inventory was trending downward in both segments.