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Back You are here: Home Columns Weekly Real Estate Market Report for January 2, 2013

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Weekly Real Estate Market Report for January 2, 2013

I hope you had a terrific Holiday! Below you will find a summary of real estate activity for the Fall selling-season in an around the area. The data below has been collected by Trulia.com
I am in the process of collecting the data for end of year sales, so stay tuned and I’ll have that complete 2012 summary to you soon!
Carolina Beach Summary -----  Average price per square foot for Carolina Beach NC was $149, a decrease of 39.9% compared to the same period last year.
The median sales price for homes in Carolina Beach NC for Sep 12 to Nov 12 was $203,000 based on 35 home sales. Compared to the same period one year ago, the median home sales price decreased 15.4%, or $37,000, and the number of home sales decreased 46.2%.
There are currently 295 resale and new homes in Carolina Beach on Trulia, including 45 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 $313,256 for the week ending Dec 12, which represents a decrease of 1%, or $3,094, compared to the prior week.
Kure Beach Summary -----  Average price per square foot for Kure Beach NC was $206, an increase of 11.4% compared to the same period last year.
The median sales price for homes in Kure Beach NC for Sep 12 to Nov 12 was $290,000 based on 15 home sales.
Compared to the same period one year ago, the median home sales price increased 3.2%, or $9,000, and the number of home sales decreased 11.8%. T
here are currently 118 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 $471,608 for the week ending Dec 12, which represents an increase of 1.5%, or $7,120, compared to the prior week.
Wilmington Summary -----  Average price per square foot for Wilmington NC was $119, a decrease of 3.3% compared to the same period last year.
The median sales price for homes in Wilmington NC for Sep 12 to Nov 12 was $177,000 based on 361 home sales. Compared to the same period one year ago, the median home sales price increased 10.6%, or $17,000, and the number of home sales decreased 42.9%.
There are currently 2,249 resale and new homes in Wilmington on Trulia, including 280 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 $365,576 for the week ending Dec 12, which represents a decrease of 1.8%, or $6,635, compared to the prior week. Popular neighborhoods in Wilmington include Landfall and Mayfaire, with average listing prices of $994,101 and $282,547.
Wrightsville Beach Summary ----- Average price per square foot for Wrightsville Beach NC was $889, an increase of 179.6% compared to the same period last year.
The median sales price for homes in Wrightsville Beach NC for Sep 12 to Nov 12 was $443,750 based on 12 home sales. Compared to the same period one year ago, the median home sales price decreased 27.1%, or $165,250, and the number of home sales decreased 52%.
There are currently 134 resale and new homes in Wrightsville Beach on Trulia, including 1 home in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Wrightsville Beach NC was $1,005,848 for the week ending Dec 12, which represents an increase of 1.9%, or $18,885, compared to the prior week.
Leland Summary ----- Average price per square foot for Leland NC was $92, a decrease of 7.1% compared to the same period last year.
The median sales price for homes in Leland NC for Sep 12 to Nov 12 was $147,000 based on 87 home sales. Compared to the same period one year ago, the median home sales price decreased 7.3%, or $11,500, and the number of home sales decreased 1.1%.
There are currently 785 resale and new homes in Leland on Trulia, including 48 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Leland NC was $229,927 for the week ending Dec 12, which represents an increase of 0.4%, or $911, compared to the prior week.
Expect Results:
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 every year 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. Please visit:  www.CoastwalkRealEstate.com for more info.
.The Weekly Real Estate Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.