Is North Ridge Country Club, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Ridge Country Club is a seller's market

Buyer's
Market

Difference Since November 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

$1,325,000

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$283,300(+27.2%)

Key Takeaway

Homes in North Ridge Country Club have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in North Ridge Country Club was $1,325,000 in November 2024, up 27.2% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$591K
N/A
4 $888K$850K
-4.3%
5+ $1.1M$2.2M
+95.3%

Summary: North Ridge Country 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 did not change, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 95.3%.

Housing Supply in North Ridge Country Club, NC

How many homes are available in North Ridge Country Club, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The North Ridge Country Club real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 109
-10.0%
5+ 1011
+10.0%

Summary: The North Ridge Country 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Ridge Country Club, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in North Ridge Country Club in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% 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?

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Ridge Country Club are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in North Ridge Country Club; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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