I hope you are having a great day! This week I wanted to share a market summary for the area. This data is from Trulia.com. If you would like more detailed information, please call or email me anytime. I am here to help!

Carolina Beach -- The median sales price for homes in ZIP code 28428 in Carolina Beach from Jul 14 to Oct 14 was $209,500 based on 55 sales. Compared to the same period one year ago, the median sales price decreased 6.3%, or $14,000, and the number of sales decreased 11.3%. Average price per square foot for homes in 28428 was $235, an increase of 13.5% compared to the same period last year. Keep in mind this includes condos which will typically be at substantially higher prices per square foot that those of homes.  There are currently 244 resale and new homes in ZIP code 28428 on Trulia. The average listing price for homes for sale in 28428 was $420,828 for the week ending Oct 08, which represents an increase of 1.4%, or $5,941, compared to the prior week.

Kure Beach -- The median sales price for homes in ZIP code 28449 in Kure Beach from Jul 14 to Oct 14 was $306,000 based on 18 sales. Compared to the same period one year ago, the median sales price increased 23.8%, or $58,750, and the number of sales decreased 30.8%. Average price per square foot for homes in 28449 was $177, a decrease of 7.8% compared to the same period last year. There are currently 84 resale and new homes in ZIP code 28449 on Trulia. The average listing price for homes for sale in 28449 was $442,748 for the week ending Oct 08, which represents an increase of 0.2%, or $903, compared to the prior week.

Wilmington -- Average price per square foot for Wilmington NC was $129, an increase of 4.9% compared to the same period last year. The median sales price for homes in Wilmington NC for Jul 14 to Oct 14 was $185,250 based on 600 home sales. Compared to the same period one year ago, the median home sales price decreased 2.5%, or $4,750, and the number of home sales decreased 21.3%. There are currently 1,524 resale and new homes in Wilmington on Trulia. The average listing price for homes for sale in Wilmington NC was $298,589 for the week ending Oct 08, which represents an increase of 0.1%, or $396, compared to the prior week. Popular neighborhoods in Wilmington include Landfall and Mayfaire, with average listing prices of $729,946 and $255,953.

(P.S. – if you are looking to sell your home, please give me a buzz. We have buyers looking!!!)