$8,500,000
7,185 SqFt
6 Beds
•6 Full Baths, 2 Partial
#100472891, Listing Office: Landmark Sotheby's International Realty
Is Landfall, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Landfall has remained a Seller's Market.
Key Takeaway
Landfall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Landfall, NC
How much do homes in Landfall, NC cost?
Median Sold Price
$1,150,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$12,500(+1.1%)
Key Takeaway
Homes in Landfall have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Landfall was $1,150,000 in September 2024, up 1.1% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $584.5K | $645K | +10.4% |
| 3 Bedrooms | $955K | $895K | -6.3% |
| 4 Bedrooms | $1.1M | $1.2M | +6.7% |
| 5+ Bedrooms | $1.4M | $1.5M | +2.9% |
Summary: Landfall housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in Landfall, NC
How many homes are available in Landfall, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 54 | 58 | +7.4% |
Summary: The Landfall real estate market had 58 homes for sale in September 2024, a 7.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 19 | +35.7% |
| 4 Bedrooms | 30 | 26 | -13.3% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Landfall housing inventory by bedroom type for September 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 35.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Landfall, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Landfall in September 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% were sold over asking.
Days on Market for Landfall, NC
How long does it take to sell a home in Landfall, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 59 Days | 102 Days | +73.7% |
Summary: Homes in Landfall had an average of 102 days on market in Sep 2024, up by 73.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Landfall are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 11 homes were sold in Landfall; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
