Carolina Beach, NC:
There are a lot of folks in town this past week, and showing activity picked-up. I noticed more appointments on ocean front properties, homes in the $300k price range, and in Carolina Sands.

In Carolina Beach, we saw 6 properties placed PENDING this week with list prices from $124,000 to $315,000. All 6 were homes or condos, no parcels of land this week. 3 of the 6 were bank-owned properties. With regards to SALES, this week Carolina Beach had 4 closings, with sales prices ranging from $137,000 to $345,000. The average sales price was at 88.9% of the listing price. Two of the properties SOLD within 97% of asking price, the other two had larger discounts. It goes to show how important an accurate listing price is. The days on market ranged from 42 days to 344.

Year-to-date there has been 135 total SALES in Carolina Beach. This is up form 114 last year at this time, however the average sales price has decreased. Currently there are 114 homes for sale, 285condos for sale, and 133 home sites for sale. The highest price of a home remains at $2,599,900.