Is Broadbay Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Broadbay Township has remained a Seller's Market.
Housing Prices in Broadbay Township, NC
How much do homes in Broadbay Township, NC cost?
Median Sold Price
$265,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Broadbay Township was $265,000 in February 2024, down 7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201K | $200K | -0.5% |
3 Bedrooms | $285K | $250.5K | -12.1% |
4 Bedrooms | $298K | $320K | +7.4% |
5+ Bedrooms | - | $385K | N/A |
Summary: Broadbay Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Abbotts Creek Township | $333.1K | $358.3K | +7.6% |
Winston Township | $255.1K | $265K | +3.9% |
Midway | $293K | $302K | +3.1% |
Broadbay Township | $285K | $265K | -7.0% |
Housing Supply in Broadbay Township, NC
How many homes are available in Broadbay Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Broadbay Township real estate market had 13 homes for sale in February 2024, a 44.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Broadbay Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Broadbay Township in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
36 Days | 66 Days | +79.6% |
Summary: Homes in Broadbay Township had an average of 66 days on market in Feb 2024, up by 79.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Broadbay Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.