Home Price Trends for Hampstead North Carolina July 2014

Home Price Trends for Hampstead North Carolina July 2014

Home price data provided by Amy H Helm of Coldwell Banker Sea Coast Advantage. 

For more detailed information on specific subdivisions within Hampstead North Carolina or if you are considering the surrounding area, call 910-803-1269. 

Hampstead North Carolina Home Prices July 2014

Hampstead North Carolina is experiencing sales price increases and inventory decreases.  This trend has been consistent over the first half of 2014.  The new construction inventory levels are down below a normal market absorption to 4 months.  Finished available lots are becoming scarce and prices are increasing in communities daily.  If you are considering relocating to the Hampstead North Carolina area, you will need a real estate professional who is knowledgeable in the areas available with available inventory to meet your home buying needs as well as to provide a detailed market analysis on the neighborhood where you would like to live.  

From the pictographs provided, you can see that the number of homes come on the market in new inventoryhas decreased over 4.5% from the previous month and the average time on the market is now at 69 days for overall market inventory.  That is a great indicator of seller motivation, lender product availability and agent assistance in guiding the seller's on the best price to move their home through the market.  The median sales price has continued to increase over the past quarter, but not at an unreasonable level.  Through the buying season in Hampstead, you can expect supply and demand to level out and a reasonable measurable gain is always expected as we are located in a coastal second home market.  If you would like to track the sales in a neighborhood of your interest see the active inventory currently available in Hampstead.  

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Get FREE community & school reports The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. Call or email anytime to discuss how this information can benefit you! Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. 

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