Wendell Falls Market Report Apr 25

Wendell Falls Real Estate Market Performance: April 2025

Key Takeaways

1. Median Sales Price: $472,450 in April 2025

   

   Wendell Falls Subdivision Median Sales Price April 2025

   Month over Month, April is down 2.5% erasing about $12K of value compared to March 2025.

   Year- Over Year, Median sales prices likewise sits ~12K below last April’s level, making the first year over year decline since mid 2023

2. Closed Sales:  22 in April 2025

   

   Wendell Falls Subdivision Closed Sales by Price Bracket April 2025

   Month over month sales were down slightly (by 2 units)

   sales in April. April traditionally kicks off the busiest listing season, however it appears that that mortgage rates hovering near 6.5% might be moderating buyer urgency, especially in higher price tiers.

3. Average Days on Market: 17 in Apr 2025

   

   Wendell Falls Subdivision Average Days On Market April 2025

   
   Properties averaged 17 days on market in April 2025, up ~41% from 10 days in March of 2025. A wave of new supply from 57 new construction and 24 resale listings provided buyers with more choices, which contributed to the longer timeline for selling.

   Year over year, average days on market has increased 29% from 12 during the same period last year.

4. Buyer Demand (average showings per listing)

   

   Wendell Falls Buyer Demand ( average showings per listing) April 2025

   
   Homes in the $300K–$400K range had a the highest buyer traffic with ~ 6 showings per listing in April 2025. However, this is down from 8 showings in March of 2025, but this segment continues to draw the highest interest. 

   The $400K–$500K and $500K–$600K brackets produced only ~3 showing on average per listing, down from ~4 in March 2025

What does this mean for you? 

• What This Means for Sellers

  1. Price with Precision.

     The Month over month and Year over year dips signal a more price sensitive spring market. Over pricing can stall plans to sell quickly so it’s recommended that you consider listing just below key round numbers (e.g., $469K instead of $475K) to capture buyer attention and compensate for the pullback.

  2. Differentiate on Marketing & Incentive

     With DOM up 41% MoM (17 days) and mounting new-construction competition, bolster your listing with twilight photography, virtual tours, and targeted social media ads. Additionally, you could offer contributions towards closing costs to help compete with what new construction providers are offering buyers.

  3. Prepare for Negotiations

     A slight moderation in buyer urgency—especially at higher price points—means buyers are more likely to push on inspection items and closing costs.

     Anticipate and budget for small concessions (e.g., 1–2% of sale price) to keep deals on track without eroding your net proceeds.

  4. Stay Agile on Timing

     Although April typically kicks off the busiest listing season, mortgage rates near 6.5% are tempering buyer urgency.

     If your property is ready, list immediately to capture remaining spring demand; if needed, refresh your marketing in late May to tap into summer-season buyers.

  By combining strategic pricing, standout marketing, and buyer-friendly incentives, sellers can still capitalize on Wendell Falls’ robust buyer interest—despite a temporarily lengthened sales cycle and modest price pullback.

Thinking About Selling?

Real Estate 919 is on a mission to help 1,000 property owners sell faster, easier, and for more money. Our proven approach includes:

• Professional Staging & Photography
  Help buyers envision your home as their own—leading to stronger offers and shorter days on market.

• Cinematic Video Marketing
  Capture attention online with immersive tours that showcase your property’s best features.

• Accurate Pricing & Negotiation
  We use real‐time market data and expert negotiation skills to ensure you get top dollar.

Let’s Get Started

Visit realestate919.com or call 919‐752‐5520 to discuss how we can position your Wendell Falls property for success. With Real Estate 919, you’ll receive professional guidance, best‐in‐class marketing, and a seamless experience from list to close.