Wendell Falls Market Report Mar 25

Wendell Falls Real Estate Market Performance: March 2025

Key Takeaways

• Median Sales Price:
  The median sales price dipped to $479,500 in March 2025 (a 3.1% decrease from February), reflecting a slight market correction after a strong January–February upswing.

• Closed Sales:
  With 22 sales in March (nearly double the previous month), the market shows a clear spring uptick—particularly in the $300K–$399K and $400K–$499K brackets, which each recorded 6 sales.

• Days on Market:
  Properties averaged 10 days on market in March 2025, up slightly from 9 days the previous year. Although the market is normalizing from ultra-competitive conditions, 10 days is still historically fast.

• Buyer Demand (showings):
  Homes in the $300K–$400K range drew the highest interest (about 5 showings per listing), while the $400K–$500K and $500K–$600K brackets also saw strong activity at 4–5 showings each.

What does this mean for you? 

• Sellers Can Still Expect Quick Sales
  Despite minor shifts in days on market, demand remains high—especially in mid-price brackets—so sellers should capitalize on the momentum by pricing strategically.

• Buyer Competition Remains High
  With showings per listing strong across multiple price ranges, cost cautious buyers will likely act swiftly and decisively, particularly in the $300K–$500K segment.

• Watch Seasonal and Inventory Trends
  The surge in closed sales and slight price adjustments underscore the importance of timing listings or offers around increased spring activity, as more inventory can both expand choices and moderate price growth.

 Thinking About Selling?

Real Estate 919’s mission is to help home owners sell faster, easier, for more money by showcasing their property to buyers with professional staging and cinematic video.

• Visit us at realestate919.com or give us a call at 919-752-5520 to get started.

Wendell Falls Real Estate Report Mar 25:

^{1) Median Sales Price:}

• Median Sales price: $479,500 in March 2025
  The median sales price dropped to $479,500, about a 3.1% decrease from February.

• Recent Month-to-Month Fluctuation
  Although the market saw a strong upswing from January to February, March’s figures show a slight correction or pullback. In real estate markets, such short-term shifts aren’t uncommon.

  Early spring often marks the start of heightened buyer activity, but it can also be a time of price experimentation by sellers. If many new listings come on the market quickly, it can temporarily dampen the median price.

_{2) Closed Sales Volume:}

• 22 Sales in March
  The market almost doubled in closed sales from February to March, which could signal a seasonal uptick or a broader increase in buyer activity. This type of jump is common heading into spring, when both listings and buyer interest typically rise.

• Price Distribution:

  • $300K–$399K: 6 sales

  • $400K–$499K: 6 sales

  • $500K–$599K: 5 sales

  • $600K–$749K: 3 sales

  • $750K–$999K: Minimal activity (1 or fewer sales per bracket)

    
    While $500K–$599K was dominant in February, the $300K–$399K and $400K–$499K brackets each jumped to 6 sales in March. This broader distribution toward lower-mid price points often puts downward pressure on median sales prices—consistent with the decrease from $495,000 to $479,500 that month.

  3) Average Days on Market:

  

  Wendell Falls Subdivision Average Days on Market March 2025

• 10 Days in March 2025
  A 11.5 % % increase compared to just 9 day in March 2024.
  

• Market May Be Normalizing

  A jump from 1 day to 14 days (February year over year) could indicate the market is transitioning away from ultra-competitive conditions. However, 14 days on market is still quick in historical terms.

• Continued Seller Advantage

   Marginal shift in an increase of 9 in March 2024 to 10 days during the same time in 2025, suggesting that the market conditions are still strong for sellers- homes are moving quickly, just slightly slower than last year.

• Watch for Inventory Trends

  If more homes are being listed, buyers have slightly more options; this can lengthen DOM. Conversely, if buyer demand is still high, a DOM under two weeks remains indicative of healthy activity.

4) Buyer Demand (Showings) by Price Bracket

• $300-400K = about 5 Showings per Listing
  This range saw the highest level of interest among all brackets in March exceeding 5 showings per listing on average.

• Slight Uptick in Higher Brackets
  $400-$499K & $500-$600K ranges also saw healthy activity (somewhere between 4 and 5 showings), suggesting these segments remain competitive.

• Takeaways for Sellers:

  More listings in mid-range brackets can naturally generate more showings, as that’s where a large pool of buyers typically are searching.

  Sellers pricing homes attractively to capture attention in the busy season (Spring) can also drive up showing counts.

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.