Are There No More Affordable Homes In Clayton, NC?
Are you trying to find a home for sale in Clayton, North Carolina and coming up empty handed. You are not alone there is a real shortage of homes for sale and when they come on the market they are snapped up. They can literally be on the market for one day and have multiple offers. This is not a good time for home buyers as home prices in Clayton have gone up and inventory has gone down. If you are moving for work, to be in a better school district or moving up to a bigger home it is a challenge to find homes in certain price ranges.
Home Prices In Clayton, NC Going Up
Home prices in Clayton, NC going up, up and up! There is a real shortage of homes for sale in Clayton, NC in certain price ranges and it is getting harder and harder to find them. The town of Clayton and the surrounding areas like Archer Lodge, Flowers Plantation, Cleveland School Rd. are all experiencing sustained growth and have for a while. As land gets more expensive, lot prices rise and builders then have to charge more for the houses they build. If the new homes are out of price range of buyers they must do one of two things, move further out from the growth or find a resale that works.
Supply And Demand Is In Play In Clayton’s Real Estate Market
With interest rates at an all time low, lots of families moving to the area and a shortage of homes for sale those that do come on the market are getting snapped up in a matter of days. Supply and demand comes into play and in a sellers market such as this, home sellers in Clayton, NC can get a good price for their homes and get them sold quickly…not all but most and here is what sells fast.
Single family homes that are in move in ready condition on decent sized lots in good school districts and are under $230,000. On top of that add in a two car garage, a bonus room, newer appliances and updated big ticket items such as heating and air units, roof or water heater and those homes are sold in no time at all. The price of course is important too and with average price of a new home in Clayton at this time at $299,362 almost $300,000 and here is the breakdown of new homes for sale today…
Available New Homes By Price Point Today In Clayton, NC
- 17 New Homes For Sale Under $200,000
- 92 New Homes For Sale Between $200,000 and $300,000
- 66 New Homes For Sale Between $300,000 and $400,000
- 15 New Homes For Sale Between $400,000 and $500,000
- 6 New Homes For Sale Over $500,000
This explains why the resale market is so hot in Clayton right now as some home buyers are simply either unable to afford a new house or the new homes available do not suit their needs. The new homes on the market for the most part are on smaller lots, in subdivisions with HOA dues and the quality of construction may not appeal to certain buyers.
Home Sellers In Clayton Can Cash In…Maybe
Home sellers thinking they can just call up a local Clayton real estate agent, have them stick a sign in the yard, list the home for sale on the Triangle Multiple Listing Service without doing anything to the house. Well that’s probably not going to work to get your house sold and for the best price. Home buyers in Clayton may have limited options when it comes to buying a house but there are some things they will not overlook.
If the price of your home is a good one (for you) which means it’s may be high for a buyer then it better be in pretty good shape, as in the buyers won’t have to start spending money on it as soon as they move in. As mentioned earlier home buyers want a move in ready home especially if they are paying top dollar for it. In order to get top dollar for your home for sale in Clayton, take care of these important items. The home has to be in good shape structurally, no major issues with settling, cracks, termites. The roof has to be free of leaks or damaged shingles, if it’s in general disrepair you may have to replace it.
Paint & Carpet
How is the carpet, is it original consider replacing it and hardwood floors help to sell a home so if you have them buyers will like that and pay more for it. Paint is always something to look at when selling and buyers look at it too, if the home was painted in the last number of years it’s fine. The trouble sellers run into is when they have painted each room a different color over the course of their time there and nobody else likes those colors, especially of they are in the colors of your college football team.
Appliances need to be in good working condition and the newer the better, home buyers spend weekends going to open houses in new subdivisions and all they see is stainless steel appliances, granite kitchen countertops and hardwood floors. Not that you have to completely redo everything to get your house sold as buyers should know that they are not buying a new home when looking at resales and a 10, 15, 20 year old house is not expected to be brand new.
Landscaping is often overlooked and is as important as almost anything else when you are selling your home in Clayton and you want to get the best price for it. The old saying about making a good first impression is exactly true when selling a home. Whether they know it or not many homebuyers make a conscious or subconscious decision about a home as soon as they pull into the driveway. Fresh mulch, nice grass, shrubs and flowers go a long way towards making that first impression the best it can be for home buyers.
Some Homes Just Sell Quickly
There are some exceptions to this rule, if for example the property is unique or in a particularly popular neighborhood or has a special feature that certain buyers must have. Homes with a detached garage or workshop are very popular in Clayton and usually sell quickly. A lot with more than an acre or a private partially wooded lot is also a popular feature buyers like. An in-ground pool can be a selling point for certain buyers, it depends on the condition and how it works in the yard.