Is Blue Ridge Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Blue Ridge Township was a Seller's Market.
Housing Prices in Blue Ridge Township, NC
How much do homes in Blue Ridge Township, NC cost?
Median Sold Price
$433,390
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Blue Ridge Township was $433,390 in May 2024, down 0.7% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.3K | $275K | -9.0% |
2 Bedrooms | $375K | $425K | +13.3% |
3 Bedrooms | $400K | $436.6K | +9.2% |
4 Bedrooms | $475K | $532.6K | +12.1% |
5+ Bedrooms | $603.8K | $790K | +30.8% |
Summary: Blue Ridge Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 30.8%.
Median Sold Price Compared To Nearby Cities
Hendersonville | $379.9K | $441.6K | +16.2% |
Saluda Township | $418.5K | $434.5K | +3.8% |
Clear Creek Township | $385K | $392.4K | +1.9% |
Blue Ridge Township | $436.5K | $433.3K | -0.7% |
Housing Supply in Blue Ridge Township, NC
How many homes are available in Blue Ridge Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 60 | +33.3% |
Summary: The Blue Ridge Township real estate market had 60 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 28 | 44 | +57.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Blue Ridge Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Blue Ridge Township in May 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for Blue Ridge Township, NC
How long does it take to sell a home in Blue Ridge Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
106 Days | 34 Days | -67.3% |
Summary: Homes in Blue Ridge Township had an average of 34 days on market in May 2024, down by 67.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Blue Ridge Township; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.