Listing Office: Lantern Realty & Development, LLC
Is Paradise Harbor, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Paradise Harbor has remained a Seller's Market.
Key Takeaway
Paradise Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Paradise Harbor, NC
How much do homes in Paradise Harbor, NC cost?
Median Sold Price
$1,700,000
$236/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$875,000(+106.1%)
Key Takeaway
Homes in Paradise Harbor have sold for 106.1% more than they did a month ago.
Summary: The median home sold price in Paradise Harbor was $1,700,000 in November 2024, up 106.1% from last month, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $800K | - | N/A |
| 4 Bedrooms | $850K | $1.7M | +100.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Paradise Harbor housing prices by bedroom type for November 2024 compared to the previous month: 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 increased by 100%, and 5+ bedroom homes did not change.
Housing Supply in Paradise Harbor, NC
How many homes are available in Paradise Harbor, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Paradise Harbor real estate market had 3 homes for sale in November 2024, a 25.0% 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 | 1 | 0 | -100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Paradise Harbor 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paradise Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Paradise Harbor in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Paradise Harbor, NC
How long does it take to sell a home in Paradise Harbor, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 108 Days | +928.6% |
Summary: Homes in Paradise Harbor had an average of 108 days on market in Nov 2024, up by 928.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Paradise Harbor are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Paradise Harbor; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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