Real Estate Market Update for Location: Oxford, North Carolina

Real Estate Market Update for Location: Oxford, North Carolina

Attention buyers and sellers! We are active in many central North Carolina counties and here to serve you.  Here's an update on the current market trends in Oxford. As your trusted REALTORS®, we are here to provide you with valuable insights into the real estate market. Let's dive in!

Inventory Update:

Currently, there are only 1.42 months supply of inventory available. This means that the market is highly competitive, with limited options for buyers. Sellers, take advantage of this low supply to maximize your opportunities for a successful transaction.

Months Supply of Inventory:

Over the last 12 months, the Months Supply of Inventory has decreased by 28.28%. This indicates a tightening market and increased demand. Buyers, act swiftly to secure your dream home in this fast-paced environment. Sellers, now may be the perfect time to list your property for maximum exposure.

List to Sold Price:

The List to Sold Price percentage is an impressive 97.9%. This suggests that sellers in Oxford are receiving offers close to their asking price. Buyers, be prepared to make competitive offers to stand out in this market. Sellers, rest assured that your property's value is being recognized by interested buyers.

Days on Market:

The median days on market is 25, showcasing the high demand for properties in Oxford. Homes are selling quickly, allowing sellers to transition smoothly and buyers to settle into their dream homes sooner. Don't delay, reach out to us to ensure you don't miss out on the perfect opportunity!

Median Sold Price:

The median sold price in Oxford currently stands at $215,500. This figure serves as a benchmark for both buyers and sellers, giving you an idea of the average price range in the area. Let's work together to find your ideal property or ensure you receive top dollar for your home!

Ready to make your move in Oxford's dynamic real estate market? Contact us, Legacy Farms and Ranches, your dedicated REALTORS® at Fonville Morisey, A Long & Foster Company. With our expertise and RPR's Market Trends data, we'll navigate the market with confidence and achieve your real estate goals.