$2,838 Closing Credit*
$239,000
1,520 SqFt
2 Beds
•2 Full Baths
Jason Bramblett, Listing Office: Jason Bramblett Real Estate
Is British Woods, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, British Woods was a Seller's Market.
Key Takeaway
British Woods is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in British Woods, NC
How much do homes in British Woods, NC cost?
Median Sold Price
$230,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,000(+17.3%)
Key Takeaway
Homes in British Woods have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in British Woods was $230,000 in November 2024, up 17.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.5K | - | N/A |
| 2 Bedrooms | $162K | $179K | +10.4% |
| 3 Bedrooms | $272K | $258K | -5.1% |
| 4 Bedrooms | $282K | $310K | +9.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: British Woods housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Mountain Brook | $250K | $300K | +20.0% |
| British Woods | $196K | $230K | +17.3% |
| Ardmore | $310K | $305K | -1.6% |
Housing Supply in British Woods, NC
How many homes are available in British Woods, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The British Woods real estate market had 27 homes for sale in November 2024, a 22.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The British Woods housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in British Woods, 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 British Woods in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for British Woods, NC
How long does it take to sell a home in British Woods, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 37 Days | +122.1% |
Summary: Homes in British Woods had an average of 37 days on market in Nov 2024, up by 122.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in British Woods are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in British Woods; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
