Is Broadbay Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Broadbay Township was a Buyer's Market.
Housing Prices in Broadbay Township, NC
How much do homes in Broadbay Township, NC cost?
Median Sold Price
$270,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Broadbay Township was $270,000 in May 2024, down 1.8% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $209.5K | $228.4K | +9.0% |
3 Bedrooms | $274.9K | $256.6K | -6.7% |
4 Bedrooms | $310K | $320K | +3.2% |
5+ Bedrooms | $349.9K | $400K | +14.3% |
Summary: Broadbay Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
Wallburg | $283.5K | $303K | +6.9% |
Midway | $289K | $304K | +5.2% |
Abbotts Creek Township | $349.8K | $359.9K | +2.9% |
Winston Township | $259.8K | $265.2K | +2.1% |
Broadbay Township | $274.9K | $270K | -1.8% |
Housing Supply in Broadbay Township, NC
How many homes are available in Broadbay Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Summary: The Broadbay Township real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Broadbay Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Broadbay Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Broadbay Township, NC
How long does it take to sell a home in Broadbay Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 1 Days | -78.6% |
Summary: Homes in Broadbay Township had an average of 1 days on market in May 2024, down by 78.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Broadbay Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.