Is Saint James, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Saint James was a Seller's Market.
Key Takeaway
Saint James is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint James, NC
How much do homes in Saint James, NC cost?
Median Sold Price
$680,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Saint James have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Saint James was $680,000 in November 2023, up 14.3% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $307.5K | $305K | -0.8% |
| 3 Bedrooms | $532K | $625K | +17.5% |
| 4 Bedrooms | $700K | $775K | +10.7% |
| 5+ Bedrooms | $925K | $1.2M | +36.5% |
Summary: Saint James housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Cities
| Saint James | $595K | $680K | +14.3% |
| Lockwoods Folly Township | $419.3K | $455.5K | +8.6% |
| Smithville Township | $504.9K | $526.3K | +4.2% |
| Oak Island | $534.6K | $550.8K | +3.0% |
Housing Supply in Saint James, NC
How many homes are available in Saint James, NC?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 91 | 84 | -7.7% |
Summary: The Saint James real estate market had 84 homes for sale in November 2023, a 7.7% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 43 | 37 | -14.0% |
| 4 Bedrooms | 34 | 31 | -8.8% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Saint James housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 19 | 10 | -47.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint James, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Saint James in November 2023, down by 47.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Saint James, NC
How long does it take to sell a home in Saint James, NC?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 25 Days | 18 Days | -26.8% |
Summary: Homes in Saint James had an average of 18 days on market in Nov 2023, down by 26.8% compared to last year.
Breakdown of Home Sale Times
9 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 Saint James are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 10 homes were sold in Saint James; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
