February 2025: Pender County Residential Real Estate Market Update

Pender County Real Estate Market Update – February 2025 🌟🏡

Are you keeping an eye on the Pender County real estate market? Whether you're looking to sell your home or invest in this growing area, the latest market trends from February 2025 reveal exciting opportunities. Let’s dive into the key statistics that make this market worth watching! 📊✨

Key Market Highlights 📈

The Pender County real estate market has been buzzing with activity over the last three months. Here’s a breakdown of the latest trends:

Active and New Listings

Active Listings: February 2025 saw 362 active listings, a slight increase of 4.93% compared to February 2024. This steady growth indicates a healthy inventory for buyers to explore.

New Listings: February brought 184 new listings, a significant increase of 9.52% compared to last year. This surge means fresh opportunities for buyers and sellers alike!

Pending and Closed Sales

Pending Sales: February recorded 162 pending sales, a remarkable increase of 32.79% from February 2024. This surge reflects strong buyer interest and activity in the market.

Closed Sales: February achieved 102 closed sales, a solid increase of 13.33% compared to last year. This is great news for sellers looking to close deals quickly!

Pricing Trends 💰

Median Sales Price: The median sales price in February 2025 jumped to $440,750, a 10.20% increase compared to February 2024. This growth highlights the rising value of Pender County properties.

Average Cumulative DOM (Days on Market): Homes spent an average of 58 days on the market, an increase of 5.45% from last year. This indicates a balanced market where buyers are carefully evaluating options.

Inventory Levels 🏘️

Month’s Supply of Inventory: February’s inventory supply decreased to 3.55 months, down 7.31% from last year. This tightening inventory signals strong demand and a competitive market for sellers.

5-Year Trends 📅

Over the past five years, Pender County has seen consistent growth in both total sales volume and median sales price. This upward trend reflects the area’s rising popularity and the increasing value of homes in the region.

Why Pender County is Hot Right Now 🔥

With a growing inventory, rising median sales prices, and strong buyer activity, Pender County is an exciting market for both buyers and sellers. Whether you're looking to sell your home or invest in this thriving area, now is the time to act.

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A reliable source for real estate market data provided by Cape Fear REALTORS®, compiled from NCRMLS.