Is Woods Edge, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Woods Edge has remained a Seller's Market.
Key Takeaway
Woods Edge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woods Edge, NC
How much do homes in Woods Edge, NC cost?
Median Sold Price
$481,800
$248/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Woods Edge have sold for 22% more than they did a month ago.
Summary: The median home sold price in Woods Edge was $481,800 in April 2024, up 22% from last month, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | - | N/A |
| 3 Bedrooms | - | $448.6K | N/A |
| 4 Bedrooms | $452K | $515K | +13.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Woods Edge housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes did not change.
Housing Supply in Woods Edge, NC
How many homes are available in Woods Edge, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Woods Edge real estate market had 6 homes for sale in April 2024, a 14.3% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woods Edge 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woods Edge, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Woods Edge in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Woods Edge, NC
How long does it take to sell a home in Woods Edge, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 5 Days | -81.9% |
Summary: Homes in Woods Edge had an average of 5 days on market in Apr 2024, down by 81.9% compared to last month.
Breakdown of Home Sale Times
4 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 Woods Edge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Woods Edge; 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.
