In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within New Hanover County, North Carolina.
According to the latest data, New Hanover County’s Median Sale Price was pegged at $505,000, showing an increase of 9.8% from the preceding month and a rise of 7.8% from the year before.
317 homes were sold, an increase 13.6% from the previous month and an increase of 1.0% from the prior year.
Furthermore, homes in New Hanover County were on the market for an average of 22 days before selling, reflecting an increase of 7 days days month-over-month and an increase of 8 days day year-over-year.
Currently, with a Market Pulse Score of 109, New Hanover County’s real estate market appears to be experiencing an upturn.
For more information about the New Hanover County, North Carolina market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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