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Back You are here: Home Columns Weekly Real Estate Market Report for Nov. 7th, 2012


Weekly Real Estate Market Report for Nov. 7th, 2012

This week I wanted to share a quick summary of sales, comparing 2011 to 2012, in addition to providing examples of homes we have recently SOLD.
Year-to-date (October 24th) in 2012, there has been 290 sales in Carolina Beach. 121 of these are homes, 114 are condos, and 55 are
 parcels of land. This compares to 73 homes, 128 condos, and 57 parcels of land that SOLD through 10/24/2011 (258 in total). In Kure Beach, year-to-date in 2012 there has been 87 sales.  47 of these are homes, 21 are condos, and 19 are parcels of land.
This compares to 43 homes, 24 condos, and 16 parcels of land that SOLD through 10/24/2011 (83 in total).
Across the island, sales have increased from 341 in 2011, to 377 in 2012, this is a 11% increase.
At Coastwalk Real Estate, our sales (year to date) have increased 62% compared to 2011. We have a team of experts that really know this market. We are experienced, we communicate well, and we work aggressively on behalf of our clients.
So…what are we selling? Here are a few examples:
1515 Searay Lane – This is a custom built home by Ocean Grove Cottages with 4 bedrooms and 3 baths. It was purchased by a local family who will be relocating to the beach from Wilmington. Sales price of $369,920.
213 Marquesa Way – This is a beautiful luxury beach home in Live Oak Village in Kure Beach, built by Windjammer Construction.
It offered 4 bedrooms, 3 full baths and 2 half baths. It was purchased by a couple from the Boston area for relocation, price of $499,700.
102 Seaward Lane – This is a 4 bedroom, 2 bath home in Kure Beach. A real nice location. Home was
purchased as a second home to a Raleigh-area family, for a price of $375,000
 1100 S Fort Fisher Blvd – This Ocean Dunes condo was ocean front and came with great ocean views. It was sold furnished to a local investor for $290,000.
206 Greenville Ave – This is a multi family building in Carolina Beach that offers a short walk to the beach and lake. It was sold to an investor for $350,000.
Expect Results:
Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Any data provided 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 been the #1 Agent on Pleasure Island since 2006. 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. Please visit:  www.CoastwalkRealEstate.com for more info.
The Weekly Real Estate Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.