Market report, updated

Market Report

Search in the city of New London

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

Over the last 6 months, homes sold for 93.4% of list price in 147 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.

Sold tab (last 6 months) Earlier

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

Where the market stands

All homes in this report, by status.

134homes
Active59 · 44%
Under contract7 · 5%
Sold (6 mo)68 · 51%

Buyer's or seller's market?

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

5.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$382K
Under contract$496K
Sold$344K

Average days on market

Active120 days
Under contract284 days
Sold147 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 59
Average list price $381,565
Avg. days on market 120 days
Avg. price per ft² $311 Based on 41 of 59 homes
Avg. living area 1,461 ft² Based on 41 of 59 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: 41 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
213 Piney Grove PointNew London, NC 28127 443,439$795,000$2310 days
132 Waterton LaneNew London, NC 28127 442,432$919,000$3771 day
101 Badin View RoadNew London, NC 28127 31816$249,000$3052 days
Seminole TrailNew London, NC 28127 ———$15,000—3 days
Reserve Drive Unit #1New London, NC 28127 ———$89,500—3 days
Reserve Drive Unit #59New London, NC 28127 ———$99,500—3 days
205 Badin View RoadNew London, NC 28127 11396$115,000$2904 days
121 Pier AvenueNew London, NC 28127 11314$85,000$2704 days
301 Strand DriveNew London, NC 28127 11611$90,000$1476 days
347 Millingport LaneNew London, NC 28127 443,290$799,000$2427 days
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