Is Cleveland-Holloway, 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, Cleveland-Holloway has remained a Seller's Market.
Key Takeaway
Cleveland-Holloway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cleveland-Holloway, NC
How much do homes in Cleveland-Holloway, NC cost?
Median Sold Price
$635,350
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cleveland-Holloway have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Cleveland-Holloway was $635,350 in April 2024, down 5.4% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $361.7K | - | N/A |
| 2 Bedrooms | $676K | $442.2K | -34.6% |
| 3 Bedrooms | $629.3K | $635.3K | +0.9% |
| 4 Bedrooms | $760K | $691.5K | -9.0% |
| 5+ Bedrooms | $744.7K | $588K | -21.0% |
Summary: Cleveland-Holloway 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 decreased by 34.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 21%.
Housing Supply in Cleveland-Holloway, NC
How many homes are available in Cleveland-Holloway, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Cleveland-Holloway real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cleveland-Holloway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland-Holloway, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Cleveland-Holloway in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Cleveland-Holloway, NC
How long does it take to sell a home in Cleveland-Holloway, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 457 Days | 196 Days | -57.0% |
Summary: Homes in Cleveland-Holloway had an average of 196 days on market in Apr 2024, down by 57% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cleveland-Holloway are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Cleveland-Holloway; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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