Is Sanctuary Cove, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sanctuary Cove was a Buyer's Market.
Key Takeaway
Sanctuary Cove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sanctuary Cove, SC
How much do homes in Sanctuary Cove, SC cost?
Median Sold Price
$381,500
$159/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Sanctuary Cove have sold for 5.2% more than they did a month ago.
Summary: The median home sold price in Sanctuary Cove was $381,500 in March 2024, up 5.2% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $362.5K | $381.5K | +5.2% |
| 4 Bedrooms | - | $382.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sanctuary Cove housing prices by bedroom type for March 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 increased by 5.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sanctuary Cove, SC
How many homes are available in Sanctuary Cove, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Sanctuary Cove real estate market had 18 homes for sale in March 2024, a 20.0% increase compared to 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 | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Sanctuary Cove 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 decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sanctuary Cove, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Sanctuary Cove in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Sanctuary Cove, SC
We’re sorry, we don't have information for this market at the moment
