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Gates Home Values and Market Report

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Report prepared by Horizonrealtync.com Horizon Real Estate Group

Market at a glance

Over the last 12 months, homes sold for 96.7% of list price in 38 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $239K Sold · $232K
$350K$270K$190K$110K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 9 sales in Oct. Last month: 9.

Where the market stands

All homes in this report, by status.

81homes
Active18 · 22%
Under contract15 · 19%
Sold (12 mo)48 · 59%

Buyer's or seller's market?

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

3.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$273K
Under contract$360K
Sold$256K

Average days on market

Active77 days
Under contract24 days
Sold38 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 18
Average list price $272,866
Avg. days on market 77 days
Avg. price per ft² $205 Based on 12 of 18 homes
Avg. living area 1,628 ft² Based on 12 of 18 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 12 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1168 Drum Hill Rd$303
41 Gates Bank Rd$273
981 Willeyton Rd$267
60 Wells Ln$236
918 Willeyton Rd$228
87 Clay Hill Rd$221
341 Middle Swamp Rd$203

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10 Reynoldson RdGates, NC 27937 ———$519,900—4 days
981 Willeyton RdGates, NC 27937 321,271$339,900$2675 days
201 Willeyton RdGates, NC 27937 321,870$240,000$1287 days
1168 Drum Hill RdGates, NC 27937 221,592$483,000$3038 days
341 Middle Swamp RdGates, NC 27937 321,477$299,900$2038 days
87 Clay Hill RdGates, NC 27937 321,500$332,000$22114 days
802 Medical Center RdGates, NC 27937 321,120$160,000$14240 days
41 Gates Bank RdGates, NC 27937 321,241$339,900$27350 days
50 Whitehurst RdGates, NC 27937 321,768$259,000$14653 days
60 Wells LnGates, NC 27937 422,111$499,000$23657 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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