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Back You are here: Home Local Business News Business News Local Businesses Weekly Real Estate Market Report for May 21, 2014

Weekly Real Estate Market Report for May 21, 2014

I want to start by thanking all of our veterans, and all the men and women who currently serve and protect our country. On this Memorial Day, may we all take a few minutes to reflect on the sacrifices others have made on our behalf.
This week I will share a brief summary of activity, and highlight some recent sales on the island.
Currently there are 345 properties for sale in Carolina Beach. 292 of these are homes or condos, and 53 are lots or land.
39 properties are currently UNDER CONTRACT in Carolina Beach.
129 properties have SOLD in Carolina beach this year (as of 5-15-14). 104 of these are houses or condos, and 25 are lots or land sales.
The average sales price of homes this year is $253,988.00, and the average “days on market” is 154 days. This compares to an average sales price of $249,500.00 and 174 “days on market” for the same period in 2013.
In Kure Beach, currently there are 115 properties for sale. 91 of these are homes or condos, and 21 are lots or land.
18 properties are currently UNDER CONTRACT in Kure Beach.
35 properties have SOLD in Kure Beach this year (as of 5-15-14).  32 of these are houses or condos, and 3 are lots or land sales.
The average sales price of homes this year is $ 357,455.00, and the average “days on market” is 158 days. This compares to an average sales price of $447,607.00 and 201 “days on market” for the same period in 2013.
Now here is a snap shot of a few homes we have recently SOLD:
810 S Fort Fisher Blvd – SOLD - $749,754– This is a beautiful home built by Windjammer Construction in Live Oak Village.
410 E Ave – SOLD – $575,000 - A nice home tucked away in a quiet location with lots of privacy.
1607 Mackerel Ln - SOLD - $355,000 – A 6 year old home in Carolina Beach with a cute backyard!
1407 Mackerel Lane #2 - SOLD - $340,000.00 – A stylish duplex in Carolina Beach with a roof top deck.
1706 Mackerel Lane – SOLD - $465,000 - A larger single family home in Kure Beach.
917 Coast Walk Ln – SOLD - $90,000 – A home site located in the Carolina Sands community.
915 Tidewater Ln – SOLD - $250,000 – A 2 Bedroom home in Carolina Sands with a guest suite.
1717 Carolina Beach Ave N – SOLD - $175,000 - A two bedroom condo with some ocean views.
1518 Canal Dr – SOLD - $285,000 – A classic beach cottage on the North End. Lots of character!
303 Alabama Ave #1 – SOLD - $326,500. A duplex unit on Alabama Ave with an Ocean View.
For more complete information, questions or additional information, please call or email me anytime!
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  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.
The Weekly Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.