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Back You are here: Home Local Business News Business News Local Businesses Weekly Real Estate Market Report for October 16, 2013

Weekly Real Estate Market Report for October 16, 2013

I hope you had a great weekend. Hopefully you were able to make it down to The Seafood, Blues and Jazz Festival in Ft Fisher. Always one of the highlights every year here on the island!
If you can make it to the beach this week, be sure to do some shelling. I’ve found some amazing shells, fossils and shark’s teeth recently at the beach!
This week I wanted to provide a summary of real estate sales for the year, as compared to last year.
In Carolina Beach, there are currently 225 homes and condos listed for sale. This is down from 253 last month.
There are 54 home sites for sale, compared to 55 last month at this time.
Since 1/1/2013, there have been 93 homes to SELL in Carolina Beach. The average price per square foot is $167, having dropped from an average of $171 last month at this time.
The average “Days on Market” these home have been listed before selling is 151 days, compared to 154 days as of last month.
142 condos and townhomes have SOLD year-to-date in Carolina Beach, with an average of 206 days on the market (before selling). During the same period in 2012, 126 condos and townhomes SOLD, with an average of 191 days on market.
In 2013 so far, 43 home sites have SOLD on Carolina Beach, compared to 54 during the same period in 2012.
In Kure Beach, there are currently 87 homes and condos listed for sale, compared to about 100 last month.
There are 19 home sites for sale, compared to 23 last month at this time.
Since 1/1/2013, there have been 42 homes to SELL in Kure Beach. The average price per square foot is $196, compared to $195 last month. The average “Days on Market” these home have been listed before selling is 184, compared to 201 days last month.
19 condos and townhomes have SOLD in Kure Beach in 2013, and 16 home sites have SOLD. For the same period in 2012, 17 condos and town homes SOLD, as well as 18 home sites.
This week I would like to send a BIG CONGRATS to...
CONGRATS to The Emmer’s for the purchase in Ocean Dunes this past week. Enjoy your new beach get-away!
CONGRATS to The Daniel’s for their sale of their condos on Carolina Beach Ave South.
CONGRATS to The Rambadt’s for the sale of their home on Mackerel Lane in Carolina Beach!
CONGRATS to Dr.  Ken on the purchase of his brand new home in Live Oak Village.
CONGRATS to Mr. Faulkner on the purchase of his new ocean front house at 853 S Fort Fisher Blvd.
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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit:  www.CoastwalkRealEstate.com for more info.
The Weekly Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.