Fri Apr 23 2021
This week the median list price for Ocean Isle Beach, NC 28469 is $480,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has held steady at or around 41.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$480,000|
|Per Square Foot||$214|
|Days on Market||35|
|Strong Seller's Market|
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$882,000||2,500||4,500 - 6,500 sqft||5||5||0||2||3||35|
|$592,500||2,476||0.25 - 0.5 acre||4||3||16||0||1||101|
|$427,500||2,111||8,000 - 10,000 sqft||3||2||14||1||3||21|
|$337,660||1,840||0.25 - 0.5 acre||3||2||1||4||2||21|