Is Carolina Shores, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Carolina Shores has remained a Seller's Market.
Key Takeaway
Carolina Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carolina Shores, NC
How much do homes in Carolina Shores, NC cost?
Median Sold Price
$315,950
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carolina Shores have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Carolina Shores was $315,950 in March 2024, down 2.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $281.5K | $275.5K | -2.1% |
| 3 Bedrooms | $320.7K | $316K | -1.5% |
| 4 Bedrooms | $380K | $370K | -2.6% |
| 5+ Bedrooms | $397.7K | - | N/A |
Summary: Carolina Shores housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shallotte Township | $366.1K | $382.5K | +4.5% |
| Calabash | $349.4K | $350K | 0.2% |
| Carolina Shores | $323.4K | $315.9K | -2.3% |
Housing Supply in Carolina Shores, NC
How many homes are available in Carolina Shores, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 64 | 76 | +18.8% |
Summary: The Carolina Shores real estate market had 76 homes for sale in March 2024, a 18.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 51 | 57 | +11.8% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Carolina Shores housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 16 | +166.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carolina Shores, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Carolina Shores in March 2024, up by 166.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Carolina Shores, NC
How long does it take to sell a home in Carolina Shores, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 99 Days | +144.8% |
Summary: Homes in Carolina Shores had an average of 99 days on market in Mar 2024, up by 144.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Carolina Shores are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 16 homes were sold in Carolina Shores; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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