$3,919 Closing Credit*
$330,000
1,728 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kathy Shaw, Listing Office: Keller Williams Realty United
Is Renaissance Park, 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, Renaissance Park has remained a Seller's Market.
Key Takeaway
Renaissance Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Renaissance Park, NC
How much do homes in Renaissance Park, NC cost?
Median Sold Price
$520,000
$223/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$35,000(-6.3%)
Key Takeaway
Homes in Renaissance Park have sold for 6.3% less than they did a month ago.
Summary: The median home sold price in Renaissance Park was $520,000 in November 2024, down 6.3% from last month, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $303K | +4.5% |
| 3 Bedrooms | $565K | $442.5K | -21.7% |
| 4 Bedrooms | $555K | $617.5K | +11.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Renaissance Park 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 increased by 4.5%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Housing Supply in Renaissance Park, NC
How many homes are available in Renaissance Park, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Summary: The Renaissance Park real estate market had 23 homes for sale in November 2024, a 23.3% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Renaissance Park 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 decreased by 12.5%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Renaissance Park, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Renaissance Park in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Renaissance Park, NC
How long does it take to sell a home in Renaissance Park, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 29 Days | -32.3% |
Summary: Homes in Renaissance Park had an average of 29 days on market in Nov 2024, down by 32.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Renaissance Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Renaissance Park; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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