Is Sunset Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sunset Beach was a Seller's Market.
Key Takeaway
Sunset Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunset Beach, NC
How much do homes in Sunset Beach, NC cost?
Median Sold Price
$450,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sunset Beach have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Sunset Beach was $450,000 in March 2024, up 2.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $140K | +7.7% |
| 2 Bedrooms | $260K | $260.5K | 0.2% |
| 3 Bedrooms | $393.5K | $397K | +0.9% |
| 4 Bedrooms | $538.9K | $625K | +16.0% |
| 5+ Bedrooms | $1.0M | $792.5K | -26.3% |
Summary: Sunset Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Shallotte Township | $366.1K | $382.5K | +4.5% |
| Sunset Beach | $438K | $450K | +2.7% |
Housing Supply in Sunset Beach, NC
How many homes are available in Sunset Beach, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 102 | 126 | +23.5% |
Summary: The Sunset Beach real estate market had 126 homes for sale in March 2024, a 23.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 52 | 68 | +30.8% |
| 4 Bedrooms | 22 | 28 | +27.3% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Sunset Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset Beach, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Sunset Beach in March 2024, down by 27.8% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset Beach, NC
How long does it take to sell a home in Sunset Beach, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 81 Days | +88.2% |
Summary: Homes in Sunset Beach had an average of 81 days on market in Mar 2024, up by 88.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sunset Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in Sunset Beach; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.