Is Governor's Club, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Governor's Club was a Seller's Market.
Key Takeaway
Governor's Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Governor's Club, NC
How much do homes in Governor's Club, NC cost?
Median Sold Price
$975,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Governor's Club have sold for 19% more than they did a year ago.
Summary: The median home sold price in Governor's Club was $975,000 in April 2024, up 19% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $690.7K | $888.5K | +28.6% |
| 4 Bedrooms | $875K | $975K | +11.4% |
| 5+ Bedrooms | $676.3K | $1.0M | +56.7% |
Summary: Governor's Club 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 did not change, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 56.7%.
Housing Supply in Governor's Club, NC
How many homes are available in Governor's Club, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The Governor's Club real estate market had 32 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Governor's Club housing inventory by bedroom type for April 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Governor's Club, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Governor's Club in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Governor's Club, NC
How long does it take to sell a home in Governor's Club, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 158 Days | 66 Days | -58.1% |
Summary: Homes in Governor's Club had an average of 66 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
2 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 Governor's Club are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Governor's Club; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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