Is Belair at Carolina Lakes, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belair at Carolina Lakes is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Belair at Carolina Lakes has remained a Seller's Market.

Key Takeaway

Belair at Carolina Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belair at Carolina Lakes, SC

How much do homes in Belair at Carolina Lakes, SC cost?

Median Sold Price

$470,000

$210/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Belair at Carolina Lakes has remained the same since last year.

Summary: The median home sold price in Belair at Carolina Lakes was $470,000 in April 2024, the same as last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $435K$421K
-3.2%
3 $452K$472.5K
+4.5%
4 $480K$500K
+4.2%
5+ $505K$510.2K
+1.0%

Summary: Belair at Carolina Lakes 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 decreased by 3.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Neighborhoods

Belair at Carolina Lakes
0.0%
Indian Land
-1.9%

Housing Supply in Belair at Carolina Lakes, SC

How many homes are available in Belair at Carolina Lakes, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1011+10.0%

Summary: The Belair at Carolina Lakes real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 44
0.0%
4 33
0.0%
5+ 13
+200.0%

Summary: The Belair at Carolina Lakes 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Belair at Carolina Lakes, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Belair at Carolina Lakes in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Belair at Carolina Lakes, SC

How long does it take to sell a home in Belair at Carolina Lakes, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days29 Days+480.0%

Summary: Homes in Belair at Carolina Lakes had an average of 29 days on market in Apr 2024, up by 480% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belair at Carolina Lakes are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Belair at Carolina Lakes; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

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