$7,000,000
9,094 SqFt
5 Beds
•5 Full Baths, 2 Partial
Tim Thompson, Listing Office: Raleigh Custom Realty, LLC
Is North Ridge Country Club, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Ridge Country Club was a Neutral Market.
Key Takeaway
North Ridge Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Ridge Country Club, NC
How much do homes in North Ridge Country Club, NC cost?
Median Sold Price
$1,350,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$433,250(+47.3%)
Key Takeaway
Homes in North Ridge Country Club have sold for 47.3% more than they did a year ago.
Summary: The median home sold price in North Ridge Country Club was $1,350,000 in October 2024, up 47.3% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $600K | $591K | -1.5% |
| 4 Bedrooms | $815K | $750K | -8.0% |
| 5+ Bedrooms | $1.1M | $2.1M | +85.6% |
Summary: North Ridge Country Club housing prices by bedroom type for October 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 1.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 85.6%.
Housing Supply in North Ridge Country Club, NC
How many homes are available in North Ridge Country Club, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The North Ridge Country Club real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The North Ridge Country Club housing inventory by bedroom type for October 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Ridge Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Ridge Country Club in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Ridge Country Club, NC
How long does it take to sell a home in North Ridge Country Club, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 28 Days | -63.5% |
Summary: Homes in North Ridge Country Club had an average of 28 days on market in Oct 2024, down by 63.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Ridge Country Club are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in North Ridge Country Club; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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