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Terrapin Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 99.6% of list price in 56 days on average.

Average price, last 12 months

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

List · $503K Sold · $500K
$510K$490K$470K$450K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 21 sales in Jun. Last month: 12.

Where the market stands

All homes in this report, by status.

132homes
Active23 · 17%
Under contract25 · 19%
Sold (12 mo)84 · 64%

Buyer's or seller's market?

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

2.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$505K
Under contract$490K
Sold$481K

Average days on market

Active82 days
Under contract43 days
Sold56 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 23
Average list price $505,399
Avg. days on market 82 days
Avg. price per ft² $224
Avg. living area 2,261 ft²
Avg. beds / baths 3.5 / 3.0

Price vs. living area

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

$900K$600K$300K$0

Price vs. living area: 23 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

2214 Calm Waters Dr$275
4101 Sea Salt St Unit 76$270
2203 Calm Waters Dr Unit 1$269
2211 Calm Waters Dr$257
1120 Osprey Reserve Unit Lot #29$254
7092 Marsh Shore Pt Unit 149$246
7080 Marsh Shore Pt Unit 152$241

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2211 Calm Waters DrLeland, NC 28451 332,912$749,900$257109 days
2214 Calm Waters DrLeland, NC 28451 442,663$734,900$275109 days
4102 Sea Salt St Unit 98Leland, NC 28451 443,090$727,945$23535 days
2203 Calm Waters Dr Unit 1Leland, NC 28451 332,373$639,700$269125 days
4101 Sea Salt St Unit 76Leland, NC 28451 432,233$604,400$27035 days
1121 Osprey Reserve Unit Lot #3Leland, NC 28451 532,929$529,000$180128 days
1393 Noble Oak Pl Unit Lot #21Leland, NC 28451 432,405$499,000$20771 days
1376 Noble Oak Pl Unit Lot #27Leland, NC 28451 432,760$499,000$180140 days
5012 Freshbrook Way Unit 110Leland, NC 28451 332,604$494,900$19012 days
1380 Noble Oak Pl Unit Lot #25Leland, NC 28451 332,347$489,700$208130 days
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