In the 2022 Fourth Quarter Market Report, we continue to see pending home sales decrease. Interest rates and low inventory continually influences contract signings by buyers. Knowing there are always highs and lows in the real estate market, home-buying activity will inevitably rebound in the coming months and help economic growth.
We’re sharing our November 2022 Real Estate Market Repor, which gives you reliable data indicating the market’s future. We monitor contract activity, interest rates, inventory, affordability, days on the market, and market direction. Our Hyper-Local Market Report breaks down the median price range, new listings, number of sold, and days on the market by the city, so it’s easy for you to review.
As we review our October 2022 Real Estate Market Report, statistics show that the Crystal Coast housing trends are normalizing. The time has passed for sellers to “test” the market, and buyers can take more time to make decisions.
As we review our 3rd Quarter Market Report, details show that Crystal Coast markets are softening in Carteret, Craven, and Onslow Counties. Consistent with national trends, interest rates are continuing to increase. Naturally, we begin to see a dip in home sales, affecting the average quarterly sale prices.
August 2022’s Real Estate Market Report reveals that the average number of days on the market for the past few months was consistently low. Read the full Market Report for important information and details you’ll find valuable.
This month we will concentrate on our local luxury homes in our monthly Real Estate market report for July 2022. We realize people’s needs are changing, and some are turning to luxury housing to find their dream homes.
There’s no denying the 2nd Quarter real estate housing market has delivered a fair share of challenges to homebuyers over the past two years.
Is the Housing Market Correcting? If you’re following the news, the headlines about current housing market conditions may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.
Welcome to our Market Report for April of 2022. A housing market trend monthly update for the Crystal Coast. While our report focuses on residential real estate, our goal is to provide you with useful information to help you decide when buying and selling a home or refinancing your mortgage.
