Enjoy this Clemmons & Lewisville Market Report for the 4th Quarter 2023.
- Clemmons & Lewisville Market Report 4th 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 4th 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 4th QTR 2023
4th QTR 2023 Clemmons & Lewisville
Single-Family Homes
In the Clemmons & Lewisville Market for the 4th QTR 2023, there are 106 Single-Family Homes marked pending. At the end of December 2023, the available inventory for Single-Family Homes is 80 listings.
The Average Sales Price is $461,731 for a Single-Family Home. This is an increase of +10.1% from the 4th QTR in 2022 when the Average Sales Price was $419,412.
In the 4th QTR 2023, the Median Sales Price is $395,500 for a Single-Family Home. This is an increase of +4.1% from the 4th QTR 2022 when the Median Sales Price was $380,000.
Analysis of the absorption rate for the Clemmons & Lewisville Market indicates an inventory of 1.7 months for Single-Family Homes.
Newest Listings under 500K
Available Inventory & Months Supply of Homes
Clemmons & Lewisville Market – 4th QTR
2023 – Figures thru December
Clemmons & Lewisville Market – 4th QTR 2023 – Figures thru December
New Listings and Closed Sales by Year
| Primary Year | Number of New Listings | Sales, Number of |
|---|---|---|
| 2014 | 664 | 671 |
| 2015 | 720 | 745 |
| 2016 | 819 | 860 |
| 2017 | 853 | 844 |
| 2018 | 909 | 932 |
| 2019 | 962 | 897 |
| 2020 | 1,051 | 1,069 |
| 2021 | 1,059 | 1,104 |
| 2022 | 790 | 856 |
| 2023 | 707 | 702 |
Time frame is from Jan 2014 to Dec 2023
Closed Homes in Clemmons & Lewisville
In the 4th QTR 2023 for the Clemmons & Lewisville Market, a total of 163 Single-Family homes closed in the Clemmons and the Lewisville areas. This is an increase of +35.8% from the 4th QTR in 2022 when 120 listings closed.
Of the closed properties in the 4th QTR 2023, 62% 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 71% of the closed properties in the 4th QTR 2023.
Earlier Market Reports for Clemmons & Lewisville
Clemmons & Lewisville 4th QTR 2023 Townhome Listings
Townhome Listings
At the end of the 4th QTR 2023, 12 Townhome Listings were marked pending in the Clemmons & Lewisville Market. There are 1 townhome listings available for sale.
The Average Sales Price is $266,871 for a Townhome. This is an increase of +6.5% from the 4th QTR 2022 when the Average Sales Price was $250,626.
The Median Sales Price is $264,650 for a Townhome in the 4th QTR 20 23 This is an increase of +5.9% from the 4th QTR 2022 when the Median Sales Price was $250,000 for a townhome property.
During the 4th QTR 2023, 14 Townhome listings closed. This is a decrease of -26.3% from the 4th QTR 2022.
Analysis of the absorption rate for the Clemmons & Lewisville Market indicate 0.2 months inventory for Townhome properties.
Days on Market & Price Per Square Foot
Clemmons & Lewisville Market – 4th QTR 2023
Figures thru December
Clemmons & Lewisville Market – 4th QTR 2023
Figures thru December
Clemmons & Lewisville Market Report Summary
New Listings for Single Family Homes decreased by – 3.8% in the 4th QTR 2023 in the Clemmons & Lewisville Real Estate Market from the previous year. Pending Sales decreased by – 2.8%. Closed Sales showed an increase of +35.8% from the 4th QTR in 2022.
The Median Sales Price for Single-Family Home is $395,500, which is an increase of + 4.1% from the 4th QTR in 2022. The Average Sales Price was $461,731 at the end of the 4th QTR 2023. This was an increase of + 10.1% from the 4th QTR in 2022.
Sellers are receiving 98.5% of their list price. Inventory levels for single-family homes decreased by -8.0% and inventory for townhomes decreased by -87.5%. At the end of December 2023, 80 Single-Family Homes and 1 Townhome were available for sale. Homebuyers in 2024 will continue to be challenged by the low inventory levels.
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