Enjoy this Clemmons & Lewisville Market Report for the 2nd Quarter 2023.
- Clemmons & Lewisville Market Report 2nd QTR 2023
- Newest Listings under 500K
- Available Inventory & Months Supply of Homes
- New Listings and Closed Sales by Year
- Closed Homes in Clemmons & Lewisville
- Earlier Market Reports for Clemmons & Lewisville
- Clemmons & Lewisville 2nd QTR 2023 Townhome Listings
- Days on Market & Price Per Square Foot
- Clemmons & Lewisville Market Report Summary
- Map of Clemmons
- Map of Lewisville, NC
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Clemmons & Lewisville Market Report 2nd QTR 2023
2nd QTR 2023 Clemmons & Lewisville
Single-Family Homes
In the Clemmons & Lewisville Market for the 2nd QTR 2023, there are 144 Single-Family Homes marked pending. At the end of June 2023, the available inventory for Single-Family Homes is 87 listings.
The Average Sales Price is $454,745 for a Single-Family Home. This is an increase of +1.7% from the 2nd QTR in 2022 when the Average Sales Price was $447,276.
In the 2nd QTR 2023, the Median Sales Price is $398,900 for a Single-Family Home. This is an increase of +0.9% from the 2nd QTR 2022 when the Median Sales Price was $395,400.
Analysis of the absorption rate for the Clemmons & Lewisville Market indicates an inventory of 2.0 months for Single-Family Homes.
Newest Listings under 500K
Available Inventory & Months Supply of Homes
Clemmons & Lewisville Market – 2nd QTR
2023 – Figures thru September
Clemmons & Lewisville Market – 2nd QTR 2023 – Figures thru September
New Listings and Closed Sales by Year
Primary Year | Number of New Listings | Sales, Number of |
---|---|---|
2013 | 692 | 660 |
2014 | 664 | 671 |
2015 | 720 | 745 |
2016 | 819 | 860 |
2017 | 853 | 844 |
2018 | 909 | 932 |
2019 | 964 | 897 |
2020 | 1,049 | 1,069 |
2021 | 1,059 | 1,104 |
2022 | 794 | 856 |
2023 | 605 | 515 |
Time frame is from Jan 2013 to Sep 2023
Closed Homes in Clemmons & Lewisville
In the 2nd QTR 2023 for the Clemmons & Lewisville Market, a total of 149 Single-Family homes closed in the Clemmons and the Lewisville areas. This is a decrease of -29.7% from the 2nd QTR in 2022 when 212 listings closed.
Of the closed properties in the 2nd QTR 2023, 73% of the listings were under contract in the first 30 days on the market.
The most active price ranges were homes in the $300,00 to $399,999 range and in the $200,000 to $299,999 range. Combined both price ranges made up 50% of the closed properties in the 2nd QTR 2023.
Earlier Market Reports for Clemmons & Lewisville
Clemmons & Lewisville 2nd QTR 2023 Townhome Listings
Townhome Listings
At the end of the 2nd QTR 2023, 17 Townhome Listings were marked pending in the Clemmons & Lewisville Market. There are 5 townhome listings available for sale.
The Average Sales Price is $278,393 for a Townhome. This is an increase of +0.7% from the 2nd QTR 2022 when the Average Sales Price was $276,343.
The Median Sales Price is $271,000 for a Townhome in the 2nd QTR 20 23 This is a decrease of -5.7% from the 2nd QTR 2022 when the Median Sales Price was $287,500 for a townhome property.
During the 2nd QTR 2023, 23 Townhome listings closed. This is an increase of +15% from the 2nd QTR 2022.
Analysis of the absorption rate for the Clemmons & Lewisville Market indicate 0.8 months inventory for Townhome properties.
Days on Market & Price Per Square Foot
Clemmons & Lewisville Market – 2nd QTR 2023
Figures thru September
Clemmons & Lewisville Market – 2nd QTR 2023
Figures thru September
Clemmons & Lewisville Market Report Summary
New Listings decreased by – 28.9% in the 2nd QTR 2023 in the Clemmons & Lewisville Real Estate Market from the previous year. Pending Sales decreased by – 26.5%. Closed Sales showed a decrease of – 29.7% from the 2nd QTR in 2022.
The Median Sales Price for Single-Family Home is $398,900, which is an increase of + 0.9% from the 2nd QTR in 2022. The Average Sales Price was $454,745 at the end of the 2nd QTR 2023. This was an increase of + 1.7% from the 2nd QTR in 2022.
Sellers are receiving 100.7% of their list price. Inventory levels for single-family homes increased by +66.7% and inventory for townhomes decreased by -16.7%. At the end of June 2023, 87 Single-Family Homes and 5 Townhomes were available for sale. Homebuyers in 2023 will continue to be challenged by the low inventory levels.
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