Is Douglas Byrd, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Douglas Byrd has remained a Seller's Market.
Housing Prices in Douglas Byrd, NC
How much do homes in Douglas Byrd, NC cost?
Median Sold Price
$189,170
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Douglas Byrd was $189,170 in May 2024, up 14.1% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $83K | N/A |
2 Bedrooms | $105K | $137.1K | +30.6% |
3 Bedrooms | $162.5K | $185K | +13.8% |
4 Bedrooms | $213K | $229.4K | +7.7% |
5+ Bedrooms | $263K | $280K | +6.5% |
Summary: Douglas Byrd housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Neighborhoods
Drake Park | $140K | $174.7K | +24.8% |
Bordeaux | $140K | $165K | +17.9% |
Douglas Byrd | $165.7K | $189.1K | +14.1% |
Housing Supply in Douglas Byrd, NC
How many homes are available in Douglas Byrd, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
138 | 121 | -12.3% |
Summary: The Douglas Byrd real estate market had 121 homes for sale in May 2024, a 12.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 9 | -30.8% |
3 Bedrooms | 106 | 90 | -15.1% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Douglas Byrd housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 37 | -21.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Douglas Byrd in May 2024, down by 21.3% month-over-month. Of the 37 sold homes, 41% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for Douglas Byrd, NC
How long does it take to sell a home in Douglas Byrd, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 22 Days | -46.1% |
Summary: Homes in Douglas Byrd had an average of 22 days on market in May 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Douglas Byrd; 81% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.