Kure Beach, NC:
In Kure Beach, real estate showing activity also picked-up this week. I had nice activity on my higher-end listings, those in Seawatch, Kure Beach Village and home sites in Live Oak Village.

Although we had an increase in showing activity, we saw only two properties placed PENDING; a home in the $400’s and a duplex near $300k. I imagine we will see a an increase in PENIDNG contracts these next few weeks as a result of our recent activity. With regards to SALES, this week Kure Beach had 2 closings, both of these were newer duplexes, with sales prices of $315k and $410k. These homes SOLD for 91% and 97% of the list price, and both were on the market for 6+ months. For more detailed information on PENDING home sales please feel free to contact me.

Year-to-date there has been 49 total SALES in Kure Beach, compared to 43 YTD in 2009. Currently there are 74 homes for sale, 44 condos for sale, and 47 home sites for sale. The highest price of a home remains at $1,995,000.