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Back You are here: Home News Local and State News Real Estate Market Sales Weekly Real Estate Market Report for August 8, 2012

Weekly Real Estate Market Report for August 8, 2012

In Carolina Beach, year-to-date (8/3/12), there have been 174 homes and condos to have SOLD, with a low price of $77,000.00 and a high of $1,025,000.
In 2011, Carolina Beach had 154 homes and condos to have SOLD through 8/3/2011.
This yields a 12.9% increase in transaction volume compared to 2011.
The average sales price for 2012 is $252,432.00, compared to $252,663 in 2011 – nearly identical.
With regards to land, there have been 45 home sites to have SOLD in Carolina Beach year-to-date. These prices vary widely based on location, views, environmental impacts, etc.
Coincidentally, during the same period in 2011 there were also 45 land sales.
In Kure Beach, year-to-date (8/3/12) there have been 47 homes and condos to have SOLD, with a low price of $110,000 and a high of $950,000
Coastwalk Real Estate has been the Listing Firm in over 25% of these transactions.
In 2011, Kure Beach had 55 homes and condos to have SOLD through 8/3/211.
The average sales price for 2012 is $359,485.00, compared to $436,131.00 in 2011. This drop is somewhat in part due to an increase of smaller/older cottages and condos selling.
With regards to land, there have been 10 home sites to have SOLD in Kure Beach year-to-date.
Coastwalk Real Estate has been involved 80% of these transactions.
During the same period in 2011 there were 11 land sales.
When it comes to selling homes and condos on Pleasure Island, Coastwalk Real Estate is the clear market-leader.
As a family-owned, non-franchised business…Coastwalk Real Estate relies on its results to generate repeat business and referrals.
Expect Results:
Your Real Estate Market Report is provided by Justin Donaton of Coastwalk Real Estate. Data 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.