Is Catheys Creek Township, 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, Catheys Creek Township has remained a Seller's Market.
Key Takeaway
Catheys Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catheys Creek Township, NC
How much do homes in Catheys Creek Township, NC cost?
Median Sold Price
$409,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Catheys Creek Township have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Catheys Creek Township was $409,000 in March 2024, down 4.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $424K | - | N/A |
| 2 Bedrooms | $264.9K | $280K | +5.7% |
| 3 Bedrooms | $445K | $420K | -5.6% |
| 4 Bedrooms | $602.5K | $636K | +5.6% |
| 5+ Bedrooms | $1.0M | $403K | -62.7% |
Summary: Catheys Creek Township 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 increased by 5.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 62.7%.
Median Sold Price Compared To Nearby Cities
| Brevard | $400K | $501K | +25.3% |
| Brevard Township | $400K | $499K | +24.8% |
| Dunns Rock Township | $510K | $564K | +10.6% |
| Catheys Creek Township | $427K | $409K | -4.2% |
Housing Supply in Catheys Creek Township, NC
How many homes are available in Catheys Creek Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Catheys Creek Township real estate market had 16 homes for sale in March 2024, a 23.1% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Catheys Creek Township 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 decreased by 25%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catheys Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Catheys Creek Township in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Catheys Creek Township, NC
How long does it take to sell a home in Catheys Creek Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 89 Days | +81.6% |
Summary: Homes in Catheys Creek Township had an average of 89 days on market in Mar 2024, up by 81.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Catheys Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Catheys Creek Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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