$5,284 Closing Credit*
$445,000
2,888 SqFt
5 Beds
•3 Full Baths
Listing Office: Jeff Cook Real Estate LPT Realty
Is Sanctuary Cove, SC 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, Sanctuary Cove was a Neutral Market.
Key Takeaway
Sanctuary Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sanctuary Cove, SC
How much do homes in Sanctuary Cove, SC cost?
Median Sold Price
$385,240
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,805(-4.4%)
Key Takeaway
Homes in Sanctuary Cove have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Sanctuary Cove was $385,240 in October 2024, down 4.4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $382.5K | $365K | -4.6% |
| 4 Bedrooms | $400K | $381.5K | -4.6% |
| 5+ Bedrooms | $421K | $431.2K | +2.4% |
Summary: Sanctuary Cove 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 4.6%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Old Rice Retreat | $365K | $370K | +1.4% |
| Sanctuary Cove | $403K | $385.2K | -4.4% |
Housing Supply in Sanctuary Cove, SC
How many homes are available in Sanctuary Cove, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The Sanctuary Cove real estate market had 23 homes for sale in October 2024, a 14.8% 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 | 8 | 6 | -25.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Sanctuary Cove 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 25%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sanctuary Cove, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Sanctuary Cove in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Sanctuary Cove, SC
We’re sorry, we don't have information for this market at the moment
