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Shannon Home Values and Market Report

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Report prepared by Ftmrealty.com Frank & Tracy Murphy LLC
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Market at a glance

Over the last 12 months, homes sold for 99.6% of list price in 159 days on average.

Average price, last 12 months

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

List · $330K Sold · $330K
$380K$310K$240K$170K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Dec. Last month: 2.

Where the market stands

All homes in this report, by status.

38homes
Active11 · 29%
Under contract7 · 18%
Sold (12 mo)20 · 53%

Buyer's or seller's market?

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

6.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$205K
Under contract$241K
Sold$270K

Average days on market

Active202 days
Under contract138 days
Sold159 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 11
Average list price $204,954
Avg. days on market 202 days
Avg. price per ft² $149 Based on 7 of 11 homes
Avg. living area 1,860 ft² Based on 7 of 11 homes
Avg. beds / baths 3.0 / 2.1

Price vs. living area

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

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

$600K$400K$200K$0

Price vs. living area: 7 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.

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

Highest price per ft²

Top 7 homes in this status.

3517 N Old Wire$189
3517 N Old Wire (Lot 1) Road$189
8363 Shannon Road$185
558 John Road$177
101 McNair Road$105
5353 Shannon Rd$101
5353 Shannon Rd$101

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Shannon RoadShannon, NC 28386 ———$175,000—36 days
Morgan J RoadShannon, NC 28386 ———$20,000—63 days
5353 Shannon RdShannon, NC 28386 322,509$253,900$10171 days
5353 Shannon RdShannon, NC 28386 322,509$253,900$10171 days
101 McNair RoadShannon, NC 28386 321,236$130,000$10586 days
3517 N Old WireShannon, NC 28386 321,606$304,900$189138 days
3517 N Old Wire (Lot 1) RoadShannon, NC 28386 321,606$304,900$189138 days
00 Old Wire (Lot 14) RoadShannon, NC 28386 ———$117,000—142 days
8363 Shannon RoadShannon, NC 28386 321,620$299,900$185229 days
558 John RoadShannon, NC 28386 331,939$345,000$177284 days
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Questions about this market?

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

Ftmrealty.com Frank & Tracy Murphy LLC

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