Oak Island Market Snapshot 📸 March 2025
- Jessica Wainwright
- 5 days ago
- 3 min read
Why Now is the Ideal Time to Sell Your Oak Island Home! 🌊🏡
Are you considering selling your Oak Island home? The latest real estate market trends from January to March 2025 reveal exciting opportunities for homeowners in this sought-after coastal community. With strong buyer interest, competitive pricing, and a thriving market, now is the perfect time to list your property. Let’s dive into the key statistics and trends that make Oak Island a hotspot for sellers! 📊✨
Competitive Pricing and Sales Performance 💰
Active Average List Price: March saw an average active list price of $849,488, reflecting Oak Island’s appeal and the premium value of its properties.
Sold Median Sale Price: The median sale price climbed to $650,000 in March, up from $535,000 in January, demonstrating the strong demand and rising property values.
Strong Sale Price Ratios ⏰
Sale to Original List Price Ratio: The Sale-to-Original List Price Ratio improved to 94.9% in March from 94.3% in January, while the Sale-to-List Price Ratio remained strong at 97.3% in March. This indicates sellers are achieving close to their asking prices, a positive sign for those considering selling.
Active and New Listings
Active Listings: The number of active listings rose steadily, reaching 200 in March, up from 132 in January. This indicates a growing inventory, giving buyers more options while keeping the market competitive for sellers.
New Listings: New listings also increased, with 67 added in March, compared to 57 in January. This steady flow of fresh properties highlights a vibrant market for both buyers and sellers.
Pending Listings: Pending sales fluctuated, with 40 in January, decreasing to 31 in February and 5 in March. This signals a selective buyer market, emphasizing the importance of strategic pricing and marketing.
Sold Listings: Sold listings rose to 43 in March, up from 27 in January, showcasing strong buyer activity and successful closings.
Quick Sales and Strong Sale Price Ratios ⏰
Days on Market: Homes spent an average of 91 days on the market in March, slightly improving from 104 days in February, showing steady buyer interest.
Healthy Inventory Levels 📊
Months of Inventory: The months of inventory decreased to 4.65 months in March, down from 4.89 months in January, signaling a balanced market that benefits both buyers and sellers.
Sales Volume and Market Dynamics 💼
Sales Volume: Active Volume: March saw an active volume of $169,897,653, a significant increase from $109,336,467 in January.
Sold Volume (Sale): Sold volume rose to $31,497,750 in March, up from $17,258,500 in January, highlighting the market’s strength.
Sale-to-List Price Ratios
The Sale-to-List Price Ratio improved to 97.3% in March, up from 95.9% in January, indicating that sellers are achieving close to their asking prices.
Why Sell Your Oak Island Home Now? 🌟
Oak Island’s market is thriving, with rising property values, strong buyer demand, and increasing sales volumes. Whether you’re upgrading, downsizing, or relocating, now is the perfect time to capitalize on the market’s momentum. With its stunning beaches, laid-back lifestyle, and vibrant community, Oak Island continues to attract buyers looking for their dream coastal home.
Let’s Make Your Sale a Success! 📞
If you’re ready to sell your Oak Island home, I’m here to help! As a local real estate expert specializing in coastal properties, I’ll guide you through every step of the process – from pricing and marketing to closing the deal.
Contact me today at 910-518-JESS (5377) or email jess@jesswain.com to discuss how we can turn your home into someone’s dream coastal retreat. Let’s make your Oak Island sale shine! 🌊✨
Download the Full Oak Island Residential Market Summary for March 2025
Information is deemed to be reliable, but is not guaranteed. Data may have come from public tax records. © 2025 MLS and FBS. Prepared by Samantha A Talbott Tuesday, April 1, 2025 10:44 AM.
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