Is Sanctuary Cove, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sanctuary Cove is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sanctuary Cove was a Buyer's Market.

Key Takeaway

Sanctuary Cove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sanctuary Cove, SC

How much do homes in Sanctuary Cove, SC cost?

Median Sold Price

$394,950

$189/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$45,095(-10.2%)

Key Takeaway

Homes in Sanctuary Cove have sold for 10.2% less than they did a month ago.

Summary: The median home sold price in Sanctuary Cove was $394,950 in November 2024, down 10.2% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$356.8K
N/A
4 $385K$384.7K
-0.1%
5+ $495K$430.5K
-13.0%

Summary: Sanctuary Cove 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 decreased by 0.1%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Neighborhoods

Lindera Preserve
-3.4%
Sanctuary Cove
-10.2%

Housing Supply in Sanctuary Cove, SC

How many homes are available in Sanctuary Cove, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2225+13.6%

Summary: The Sanctuary Cove real estate market had 25 homes for sale in November 2024, a 13.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 1012
+20.0%
5+ 66
0.0%

Summary: The Sanctuary Cove 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 increased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
210+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sanctuary Cove, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Sanctuary Cove in November 2024, up by 400.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 70% 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

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

Report Updated 22 Days Ago

Newest Listings in Sanctuary Cove, SC

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