REAL-TIME MARKET NUMBERS
Ocean Isle Beach, NC 28469
Single-Family Homes
Powered by Altos Research https://AltosResearch.com/
Ocean Isle Beach, NC 28469
Wed Oct 04 2023
This week the median list price for Ocean Isle Beach, NC 28469 is $712,450 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 76.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $712,450 | |
| Median Price of New Listings | $658,385 | |
| Per Square Foot | $303 | |
| Average Days on Market | 71 | |
| Median Days on Market | 49 | |
| Price Decreased | 43% | |
| Price Increased | 9% | |
| Relisted | 1% | |
| Inventory | 76 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,395,000 | 2,500 | 4,500 - 6,500 sqft | 5 | 5 | 20 | 1 | 2 | 42 |
| $870,000 | 2,228 | 6,500 - 8,000 sqft | 4 | 4 | 22 | 2 | 2 | 70 |
| $582,244 | 2,279 | 8,000 - 10,000 sqft | 3 | 3 | 0 | 4 | 0 | 84 |
| $369,000 | 1,520 | 8,000 - 10,000 sqft | 3 | 2 | 8 | 2 | 6 | 56 |