Is The Gardens at Flowers Plantation, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Gardens at Flowers Plantation has remained a Seller's Market.
Key Takeaway
The Gardens at Flowers Plantation is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Gardens at Flowers Plantation, NC
How much do homes in The Gardens at Flowers Plantation, NC cost?
Median Sold Price
$378,483
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Gardens at Flowers Plantation have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in The Gardens at Flowers Plantation was $378,483 in April 2024, down 5.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | - | N/A |
| 3 Bedrooms | $339.9K | $364.5K | +7.2% |
| 4 Bedrooms | $430.4K | $667.2K | +55.0% |
| 5+ Bedrooms | $452.3K | - | N/A |
Summary: The Gardens at Flowers Plantation 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 7.2%, 4 bedroom homes increased by 55%, and 5+ bedroom homes did not change.
Housing Supply in The Gardens at Flowers Plantation, NC
How many homes are available in The Gardens at Flowers Plantation, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The The Gardens at Flowers Plantation real estate market had 7 homes for sale in April 2024, a 40.0% increase 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 | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Gardens at Flowers Plantation 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 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Gardens at Flowers Plantation, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in The Gardens at Flowers Plantation in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for The Gardens at Flowers Plantation, NC
How long does it take to sell a home in The Gardens at Flowers Plantation, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 87 Days | 4 Days | -94.8% |
Summary: Homes in The Gardens at Flowers Plantation had an average of 4 days on market in Apr 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Gardens at Flowers Plantation are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in The Gardens at Flowers Plantation; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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