Market report, updated

New London Home Values and Market Report

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Crgelite.com
Report prepared by Crgelite.com Axen Realty
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Market at a glance

Over the last 12 months, homes sold for 92.0% of list price in 173 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $338K Sold · $307K
$670K$470K$270K$70K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 14 sales in Jul. Last month: 10.

Where the market stands

All homes in this report, by status.

175homes
Active58 · 33%
Under contract8 · 5%
Sold (12 mo)109 · 62%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$375K
Under contract$449K
Sold$367K

Average days on market

Active121 days
Under contract254 days
Sold173 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 58
Average list price $374,869
Avg. days on market 121 days
Avg. price per ft² $313 Based on 40 of 58 homes
Avg. living area 1,412 ft² Based on 40 of 58 homes
Avg. beds / baths 2.4 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

18 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 40 homes plotted, up to $6M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

18 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

36984 B&C Carter Road$820
348 Shoreline Road$636
103 Brit Lane$456
155 Grand View Drive$454
169 Marina Drive$422
704 Shoreline Drive$422
158 Printers Lane$406

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
132 Waterton LaneNew London, NC 28127 442,432$919,000$3770 days
101 Badin View RoadNew London, NC 28127 31816$249,000$3051 day
Seminole TrailNew London, NC 28127 ———$15,000—2 days
Reserve Drive Unit #1New London, NC 28127 ———$89,500—2 days
Reserve Drive Unit #59New London, NC 28127 ———$99,500—2 days
205 Badin View RoadNew London, NC 28127 11396$115,000$2903 days
121 Pier AvenueNew London, NC 28127 11314$85,000$2703 days
301 Strand DriveNew London, NC 28127 11611$90,000$1475 days
347 Millingport LaneNew London, NC 28127 443,290$819,000$2486 days
122 Pattersons BridgeNew London, NC 28127 ———$27,500—7 days
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