Is Briarcliffe Acres, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Briarcliffe Acres has remained a Seller's Market.
Key Takeaway
Briarcliffe Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Briarcliffe Acres, SC
How much do homes in Briarcliffe Acres, SC cost?
Median Sold Price
$885,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Briarcliffe Acres have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Briarcliffe Acres was $885,000 in March 2024, up 6.8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $770K | $885K | +14.9% |
| 4 Bedrooms | $960K | $822.5K | -14.3% |
| 5+ Bedrooms | $2.3M | $1.1M | -48.9% |
Summary: Briarcliffe Acres housing prices by bedroom type for March 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 14.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 48.9%.
Median Sold Price Compared To Nearby Cities
| Briarcliffe Acres | $829K | $885K | +6.8% |
| Little River | $344.9K | $354.8K | +2.9% |
| North Myrtle Beach | $383.7K | $379.9K | -1.0% |
Housing Supply in Briarcliffe Acres, SC
How many homes are available in Briarcliffe Acres, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Summary: The Briarcliffe Acres real estate market had 1 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Briarcliffe Acres housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Briarcliffe Acres, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Briarcliffe Acres in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Briarcliffe Acres, SC
How long does it take to sell a home in Briarcliffe Acres, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 176 Days | 56 Days | -68.2% |
Summary: Homes in Briarcliffe Acres had an average of 56 days on market in Mar 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Briarcliffe Acres has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Briarcliffe Acres; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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