Millbridge home sales held their own in Quarter 3-2023 both year-over-year and quarter-over-quarter. Compared with the Third Quarter 2022, average and median sale prices increased 11% and 7% respectively.
Quarter-over-quarter, the list to sale price ratio declined by 1%, but it was just under 100%. Year-over-year the list to sale price ratio was flat.
Days on market were 28 up 10 days from the second quarter. The number of properties sold was down 21% compared with the same quarter one year ago, but was up by eight homes from the previous … (11 comments)
Millbridge home sales held their own in Quarter 2-2023 both year-over-year and quarter-over-quarter. Compared with the Second Quarter 2022, average sale price was flat, while the median sale price declined by 3%. Quarter-over-quarter, average sale priced increased by $56,000. Median sale price increased by $38,000. Year-over-year, the list to sale price ratio declined by 1%, but it was still just over 100%. The list to sale price ratio improved by 3.16% from the First Quarter 2023. Days on market were 18 and essentially flat quarter-over-quarter, which saw 19 days on market. … (16 comments)
Millbridge home sales remained robust throughout 2022 with both average and median sale prices increasing for the year ended December 31, 2022. What softening we saw in 2022 was a 1% decrease in the list to sales price ratio and an increase in average days on market to 17 days. Home sales were down 30%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion.
Much of the softening we saw in the Millbridge market not surprisingly came about in Quarter … (26 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased in Quarter 3 - 2022 compared with the same quarter one year ago. Average home sale price increased 14.63% to $564,414. Quarter-over-quarter average sale prices decreased minimally by about $1,100. Home sale prices ranged from a low of $420,000 to a high of $820,000 in Millbridge during Quarter 3 - 2022. Home sellers received 100.4% of asking price, on average, in the Third Quarter 2022. This was 2.6% less than one year ago and 1.4% … (26 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased significantly during the 4th Quarter 2021 compared with the same quarter one year ago. Average home sale price was $506,230, which was also almost $14,000 higher quarter-over-quarter. Home sale prices ranged from a low of $378,118 to a high of $725,000 in Millbridge during Quarter 4 - 2021. Home sellers received 102.3% of asking price, on average in the 4th Quarter 2021.
Median sale prices of Millbridge homes averaged 100.9% of asking price in the … (16 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased significantly during the 3rd Quarter 2021 compared with the same quarter one year ago. Average home sale price was $492,307, which was also some $54,000 higher than in the 2nd Quarter 2021. Median sale prices of Millbridge homes averaged 100.3% of asking price in the third quarter 2021. Median home sale price was $471,117 during Quarter 3 -2021.
Average home listing prices also increased in the 3rd Quarter 2021 compared with the same quarter … (22 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased during the 2nd Quarter 2021 compared with the same quarter one year ago. Median home sale price was $438,070. Median sale prices of Millbridge homes averaged 100.9% of asking price in the second quarter 2021. If you look at median home sale prices for resale homes only, the sale price is much higher at $490,000 with sellers receiving 105.3% of list price in final sale price.
Average home listing and sale prices also … (14 comments)
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($393,382) increased during the 1st Quarter 2021 compared with the same quarter one year ago. Median home sale prices were also some $20,000 higher than in the most recent quarter ended December 31. 2020. Median sale prices of Millbridge homes averaged 100% of asking price in the first quarter 2021.
Average home sale prices ($408,610) also increased in the 1st Quarter 2021 compared with the same quarter one year ago. Average sale prices increased … (19 comments)
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($372,228) increased during the 4th Quarter 2020. Average home sale prices ($391,049) also increased in the 4th Quarter 2020 compared with the same quarter one year ago. Sale prices of Millbridge homes averaged 99.5% of asking price. Median sale to list price ratio in Millbridge was 100%.
65 homes sold in quarter four, 5 fewer homes than during the same quarter last year. New listings were down with three fewer listings year-over-year. Fewer closed … (15 comments)
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($361,622) increased during the 1st Quarter 2020. Average home sale prices ($383,899, about $20,000 higher than in the most recent quarter of 2019) also increased in the 1st quarter 2020 compared with the same quarter one year ago. Sale prices of Millbridge homes were 98.88% of asking price.
86 homes sold in quarter one, 5 more homes than during the same quarter last year. New listings were up 6.17% in the first quarter of 2020, year-over-year.
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($358,873) increased during the 4th Quarter 2019. Average home sale prices ($364,464) were down slightly, but this is more reflective of the price mix of homes sold than of a dimunition in home values in Millbridge.
70 homes sold in quarter four, 11 more homes than during the same quarter last year. Approximately 82.5% of the sales were new construction. New listings were flat.
Averge days on market were down by one day at 86 days versus the same quarter one … (8 comments)
As the Millbridge Real Estate Snapshot below shows, average home listing and sale prices increased during the 3rd Quarter 2019. 82 homes sold in this quarter, 31 more homes than during the same quarter last year. New listings also increased year over year, much of it new construction. Averge days on market were down by one day at 68 days versus the same quarter one year ago. Sale prices of Millbridge homes were at 99% of asking price, Months supply of invenotry was 2.5 months... much of it new … (18 comments)
As the Millbridge Real Estate Snapshot below shows, both sales and list prices of homes in Millbridge were up during the 2nd quarter of 2019 compared with the 2nd quarter of 2018. New listings are up slightly year-over-year, as are the number of closed sales. Average days on market have also increased over the second quarter of 2019, but it should be noted that a big portion of sales in Millbridge is new construction where it's expected that days on market will be longer. As of June, average days on … (14 comments)
Millbridge in Waxhaw, NC
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