Is Cotswold, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cotswold has remained a Seller's Market.
Housing Prices in Cotswold, NC
How much do homes in Cotswold, NC cost?
Median Sold Price
$875,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cotswold was $875,000 in May 2024, up 12.2% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $215K | 0.0% |
2 Bedrooms | $264K | $285K | +8.0% |
3 Bedrooms | $593.7K | $669K | +12.7% |
4 Bedrooms | $827.5K | $950K | +14.8% |
5+ Bedrooms | $1.9M | $1.8M | -3.8% |
Summary: Cotswold 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 8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
Cotswold | $780K | $875K | +12.2% |
Sherwood Forest | $707.7K | $718.5K | +1.5% |
Housing Supply in Cotswold, NC
How many homes are available in Cotswold, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 68 | +9.7% |
Summary: The Cotswold real estate market had 68 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The Cotswold housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Cotswold in May 2024, up by 14.3% month-over-month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% were sold over asking.
Days on Market for Cotswold, NC
How long does it take to sell a home in Cotswold, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 14 Days | -49.6% |
Summary: Homes in Cotswold had an average of 14 days on market in May 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Cotswold; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.