Why Now is the Perfect Time to Sell Your Ocean Isle Beach Home! šš
If you're considering selling your home in Ocean Isle Beach, the market trends from January to November 2024 reveal exciting opportunities. Letās dive into the key statistics that make this an ideal time to list your property.
Vibrant Market Activity and Buyer Demand š
The Ocean Isle Beach real estate market is bustling with activity, making it a favorable environment for sellers. Hereās a look at the latest trends:
Active and New Listings
Active Listings: November 2024 saw 148 active listings, highlighting a vibrant market with plenty of buyer interest.
New Listings: With 39 new listings in November, the market remains robust, offering fresh opportunities for sellers to attract eager buyers.
Competitive Pricing and Sales Performance š°
Average and Median List Prices: In November, the average list price was $722,120, with a median of $544,425. These figures underscore a competitive market where sellers can achieve attractive pricing.
Sold Prices: Homes sold for an average of $562,832, with a median sale price of $437,700, reflecting strong buyer demand and the potential for sellers to secure great deals.
Quick Sales and Strong Sale Price Ratios ā°
Sale to Original List Price Ratio: In November, homes sold for 92.1% of their original list price, showing that properties are selling close to asking prices.
Sale to List Price Ratio: With a ratio of 96.8%, sellers are achieving nearly their full asking price, indicating strong buyer commitment.
Quick Sales and Strong Sale Price Ratios ā°
Days on Market: The average days on market (ADOM) in November was 80, with a median of 45. This indicates that homes are selling relatively quickly, a positive sign for sellers.
Sale to List Price Ratio: With a ratio of 96.8% in November, sellers are achieving nearly their full asking price, indicating strong buyer commitment.
Healthy Inventory Levels š
Months of Inventory: The months of inventory stood at 3.70 in November, suggesting a balanced market with healthy demand, making it an ideal time to sell.
Sales Volume and Market Dynamics š¼
Sales Volume: November saw an active sales volume of $106,873,779, with a sold volume of $22,513,290. This robust activity underscores the market's strength and the potential for sellers to capitalize on high buyer interest.
Why List Your Home Now? š”
With competitive pricing, strong sale price ratios, and a vibrant market, now is an excellent time to list your Ocean Isle Beach home. These trends indicate a market where sellers can confidently expect to attract serious buyers and achieve favorable sales outcomes.
Ready to Make Your Move? š
If you're ready to explore the possibilities of selling your Ocean Isle Beach property, our team is here to guide you through the process. We specialize in ensuring a smooth and rewarding selling experience, helping you maximize your return on investment.
Contact us today to discuss how we can help you achieve your real estate goals. Your dream sale is just a call away! š
Download the Full Ocean Isle Beach Residential Market Summary for November 2024
Information is deemed to be reliable, but is not guaranteed. Data may have come from public tax records. Ā© 2024 MLS and FBS. Prepared by Samantha A Talbott on Monday, December 2, 2024 9:25AM.
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