Wilmington NC Real Estate info 7-25-14

I hope you are having a great week! Today I wanted to summarize real estate trends seen on Trulia. Please keep in mind this is not MLS data. For a complete MLS Market Summary, please call or email anytime! Thanks a ton for reading!

Carolina Beach, NC

Average price per square foot for Carolina Beach NC was $231, an increase of 27.6% compared to the same period last year. The median sales price for homes in Carolina Beach NC for Apr 14 to Jul 14 was $232,500 based on 77 home sales. Compared to the same period one year ago, the median home sales price increased 11.1%, or $23,250, and the number of home sales increased 4.1%. There are currently 277 resale and new homes in Carolina Beach on Trulia, including 37 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Carolina Beach NC was $344,936 for the week ending Jul 16, which represents an increase of 0.5%, or $1,583, compared to the prior week.

Kure Beach, NC

Average price per square foot for Kure Beach NC was $192, an increase of 12.3% compared to the same period last year. The median sales price for homes in Kure Beach NC for Apr 14 to Jul 14 was $330,000 based on 29 home sales. Compared to the same period one year ago, the median home sales price increased 20%, or $55,000, and the number of home sales increased 26.1%. There are currently 83 resale and new homes in Kure Beach on Trulia, including 9 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Kure Beach NC was $511,635 for the week ending Jul 16, which represents a decrease of 3.9%, or $21,031, compared to the prior week.

Wilmington, NC

Average price per square foot for Wilmington NC was $129, an increase of 5.7% compared to the same period last year. The median sales price for homes in Wilmington NC for Apr 14 to Jul 14 was $187,750 based on 732 home sales. Compared to the same period one year ago, the median home sales price increased 1.5%, or $2,750, and the number of home sales decreased 6.8%. There are currently 1,517 resale and new homes in Wilmington on Trulia, including 29 open houses, as well as 182 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Wilmington NC was $311,969 for the week ending Jul 16, which represents a decrease of 0.7%, or $2,353, compared to the prior week. Popular neighborhoods in Wilmington include Landfall and Pine Valley Estates, with average listing prices of $743,976 and $214,232.

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Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided, unless otherwise noted, is courtesy of the Wilmington Association of REALTORS MLS and/or the National Association of REALTORS.

 

Justin does not just "list" properties, he sells them! To get your home SOLD for the highest possible price, call Justin at 910-352-0998. Justin has SOLD the most real estate on Pleasure Island  since 2007. He has the highest dollar volume of sales, and has had the most number of closings. His business is built on hard work and high-impact marketing. Coastwalk Real Estate has the #1 Sales office on Pleasure Island too. Please visit:  www.CoastwalkRealEstate.com for more info.