Is Bedford At Falls River, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bedford At Falls River has remained a Seller's Market.
Key Takeaway
Bedford At Falls River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford At Falls River, NC
How much do homes in Bedford At Falls River, NC cost?
Median Sold Price
$580,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bedford At Falls River have sold for 23.4% more than they did a year ago.
Summary: The median home sold price in Bedford At Falls River was $580,000 in April 2024, up 23.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $328.5K | $336.5K | +2.4% |
| 3 Bedrooms | $398.5K | $445K | +11.7% |
| 4 Bedrooms | $665K | $610K | -8.3% |
| 5+ Bedrooms | $932.5K | $882.5K | -5.4% |
Summary: Bedford At Falls River housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in Bedford At Falls River, NC
How many homes are available in Bedford At Falls River, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Bedford At Falls River real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Bedford At Falls River housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 14 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford At Falls River, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Bedford At Falls River in April 2024, up by 250.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Bedford At Falls River, NC
How long does it take to sell a home in Bedford At Falls River, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 13 Days | -77.9% |
Summary: Homes in Bedford At Falls River had an average of 13 days on market in Apr 2024, down by 77.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford At Falls River are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Bedford At Falls River; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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