$4,200,000
8,294 SqFt
7 Beds
•7 Full Baths, 1 Partial
Julian Jahoo, Listing Office: LPT Realty, LLC
Is Governor's Club, 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, Governor's Club was a Seller's Market.
Key Takeaway
Governor's Club 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 Governor's Club, NC
How much do homes in Governor's Club, NC cost?
Median Sold Price
$1,031,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$81,000(+8.5%)
Key Takeaway
Homes in Governor's Club have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Governor's Club was $1,031,000 in November 2024, up 8.5% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $875K | $865K | -1.1% |
| 4 Bedrooms | $950K | $1.0M | +9.3% |
| 5+ Bedrooms | $1.1M | $1.1M | -4.3% |
Summary: Governor's Club 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 did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in Governor's Club, NC
How many homes are available in Governor's Club, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 32 | -11.1% |
Summary: The Governor's Club real estate market had 32 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Governor's Club housing inventory by bedroom type for November 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 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Governor's Club, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Governor's Club in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Governor's Club, NC
How long does it take to sell a home in Governor's Club, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 137 Days | 47 Days | -65.4% |
Summary: Homes in Governor's Club had an average of 47 days on market in Nov 2024, down by 65.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Governor's Club are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Governor's Club; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.