Is West End, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West End is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, West End has remained a Seller's Market.

Key Takeaway

West End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in West End, NC cost?

Median Sold Price

$390,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$45,000(+13.0%)

Key Takeaway

Homes in West End have sold for 13% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 -$235K
N/A
3 $325K$360.5K
+10.9%
4 $360K$468.5K
+30.1%
5+ $409.5K$514.5K
+25.6%

Median Sold Price Compared To Nearby Cities

Pinehurst
+28.0%
West End
+13.0%

How many homes are available in West End, NC?

Number of Homes For Sale

Nov 2022Dec 2022%
3431-8.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 10
-100.0%
3 2324
+4.3%
4 107
-30.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
108-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West End, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
25 Days27 Days+5.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West End are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About West End, NC

There are 31 homes are for sale in West End, NC real estate market. The inventory of homes for sale in West End, NC between November 2022 and December 2022 decreased by 8.8%. In December 2022, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $390,000. This housing market listing prices have changed between November 2022 and December 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 10.9%, 4 bedrooms properties became 30.1% more expensive, 5 bedrooms properties became 25.6% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 100%, number of 3 bedrooms homes increased by 4.3%, volume of 4 bedrooms homes went down by 30%, 5 bedrooms homes did not move. West End, NC housing market in December 2022 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 5 sold below.

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