Is Whispering Pines, 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, Whispering Pines has remained a Seller's Market.
Housing Prices in Whispering Pines, NC
How much do homes in Whispering Pines, NC cost?
Median Sold Price
$499,900
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Whispering Pines was $499,900 in April 2024, up 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 | $282K | $365K | +29.4% |
3 Bedrooms | $450K | $473K | +5.1% |
4 Bedrooms | $536K | $596.4K | +11.3% |
5+ Bedrooms | $627.5K | $625K | -0.4% |
Summary: Whispering Pines 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 increased by 29.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
Southern Pines | $462.1K | $525K | +13.6% |
Whispering Pines | $474.5K | $499.9K | +5.4% |
Housing Supply in Whispering Pines, NC
How many homes are available in Whispering Pines, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 42 | +5.0% |
Summary: The Whispering Pines real estate market had 42 homes for sale in April 2024, a 5.0% 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 | 5 | 3 | -40.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Whispering Pines 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 decreased by 40%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Whispering Pines in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Whispering Pines, NC
How long does it take to sell a home in Whispering Pines, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 58 Days | +110.9% |
Summary: Homes in Whispering Pines had an average of 58 days on market in Apr 2024, up by 110.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Whispering Pines; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.