Is Cannonborough / Elliottborough, SC 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, Cannonborough / Elliottborough has remained a Buyer's Market.
Key Takeaway
Cannonborough / Elliottborough is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cannonborough / Elliottborough, SC
How much do homes in Cannonborough / Elliottborough, SC cost?
Median Sold Price
$1,002,500
$657/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cannonborough / Elliottborough have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Cannonborough / Elliottborough was $1,002,500 in April 2024, up 6.6% from last year, and the median price per square foot was $657.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $430K | $349.5K | -18.7% |
| 2 Bedrooms | $570K | $750K | +31.6% |
| 3 Bedrooms | $1.2M | $1.0M | -11.7% |
| 4 Bedrooms | $915K | $1.2M | +35.2% |
| 5+ Bedrooms | $2.5M | $1.8M | -25.9% |
Summary: Cannonborough / Elliottborough housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Westside | $583.5K | $806.2K | +38.2% |
| Eastside | $630K | $775K | +23.0% |
| The Peninsula | $809K | $906.4K | +12.0% |
| Radcliffeborough | $838.2K | $900K | +7.4% |
| Cannonborough / Elliottborough | $940K | $1.0M | +6.6% |
Housing Supply in Cannonborough / Elliottborough, SC
How many homes are available in Cannonborough / Elliottborough, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 39 | +21.9% |
Summary: The Cannonborough / Elliottborough real estate market had 39 homes for sale in April 2024, a 21.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Cannonborough / Elliottborough housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cannonborough / Elliottborough, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cannonborough / Elliottborough in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Cannonborough / Elliottborough, SC
We’re sorry, we don't have information for this market at the moment
