January 2025: New Hanover County Residential Real Estate Market Update
- ABetterSam
- Feb 19
- 2 min read
New Hanover County Real Estate Market Update – January 2025 🌟🏡
Are you curious about the latest real estate trends in New Hanover County? Whether you’re thinking about buying your dream home, selling your property, or just staying informed, the February 2025 market data offers exciting insights into this thriving area. Let’s dive into the key highlights and trends shaping the market! 📊✨
Key Market Highlights 📈
The New Hanover County real estate market continues to show growth and opportunities for both buyers and sellers. Here’s what the latest data reveals:
Active and New Listings
Active Listings: The number of active listings has grown compared to last year, providing buyers with more options to explore.
New Listings: February saw a significant increase in new listings, reflecting a strong market and fresh opportunities for buyers to find their ideal home.
Pending and Closed Sales
Pending Sales: The number of pending sales remains steady, showing strong buyer interest and activity in the market.
Closed Sales: While closed sales have slightly decreased compared to last year, the market remains competitive, with motivated buyers and sellers.
Pricing Trends 💰
Median Sales Price: The median sales price for homes in New Hanover County has risen, reflecting the increasing value of properties in this sought-after area.
Days on Market (DOM): Homes are spending slightly more time on the market, indicating that buyers are carefully evaluating their options.
Inventory Levels 🏘️
The months of inventory has increased, signaling a more balanced market. This gives buyers more opportunities to find the right property while still keeping the market competitive for sellers.
Why New Hanover County is Thriving 🌴
Nestled in the heart of the Wilmington Metropolitan Statistical Area (MSA), New Hanover County is a hub of activity, offering:
Proximity to Beaches: Enjoy easy access to Wrightsville Beach, Carolina Beach, and Kure Beach for endless coastal adventures. 🏖️
Thriving Downtown Wilmington: From historic charm to vibrant dining and shopping scenes, Wilmington offers something for everyone.
Outdoor Recreation: Parks, trails, and waterways abound, making it a haven for nature lovers and outdoor enthusiasts. 🌳
Why Now is the Time to Act 🌟
With rising median sales prices, increasing inventory, and a balanced market, now is the perfect time to make your move in New Hanover County. Whether you’re buying or selling, the opportunities are endless in this dynamic market.
A reliable source for real estate market data provided by Cape Fear REALTORS®, compiled from NCRMLS.
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