Is Crabtree Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Crabtree Township has remained a Seller's Market.
Key Takeaway
Crabtree Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crabtree Township, NC
How much do homes in Crabtree Township, NC cost?
Median Sold Price
$445,500
$246/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Crabtree Township have sold for 15.1% less than they did a month ago.
Summary: The median home sold price in Crabtree Township was $445,500 in March 2024, down 15.1% from last month, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $610K | - | N/A |
| 2 Bedrooms | $560K | $160K | -71.4% |
| 3 Bedrooms | $430K | $731K | +70.0% |
| 4 Bedrooms | $490K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Crabtree Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.4%, 3 bedroom homes increased by 70%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Crabtree Township, NC
How many homes are available in Crabtree Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Crabtree Township real estate market had 7 homes for sale in March 2024, a 30.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Crabtree Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Crabtree Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Crabtree Township in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Crabtree Township, NC
How long does it take to sell a home in Crabtree Township, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 19 Days | -69.2% |
Summary: Homes in Crabtree Township had an average of 19 days on market in Mar 2024, down by 69.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crabtree Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Crabtree Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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