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Back You are here: Home News Local and State News Real Estate Market Sales Weekly Real Estate Market Report for July 3, 2013

Weekly Real Estate Market Report for July 3, 2013

From everyone at Coastwalk Real Estate, we want to wish you and your family a safe, healthy and happy 4th of July!
Year-to-date on Pleasure Island there have been 193 homes and condos to have SOLD, and 35 land SALES.
In 2012 during the same period, there were 185 home and condo SALES, and 53 land SALES.
In 2012, the average sales price for a single family home on the island was $349,000 (and $187 per square foot). In 2013, the average sales price is $329,000 (and $173 per square foot).
There are currently 339 homes for sale on the island. There are currently 69 homes or condos PENDING or UNDER CONTRACT.
Here are some recent sales so you can get an idea of what folks are purchasing these days…
605 Tennessee Ave – $412,500 - This is a new home built by Ocean Grove Cottages. It has 4 bedrooms, 3.5 baths, and a coastal design both inside and out. It measures at 2,129 sq feet. It is located about 6 blocks from the beach. It was purchased by a family from Raleigh NC.
217 S Fort Fisher Blvd – Sales Price $1,600,000 – This is a large beach home south of the Pier. It has super views and is very nice inside.
Lots of room to spread out, including a 3BR guest suite. Custom built and well maintained. The buyer of this home is from oversees (Asia) and will be using it as a second home and investment property.
503 Seahorse Place – Sales Price $660,000 – This is a nice beach home in Seawatch. It was built in 2005. It has some ocean views, and lots of nice touches inside. There is an elevator, a gourmet kitchen, and lots of nice features inside. This home was purchased by a family from the Piedmont area of North Carolina
197 Seawatch Way – Sales Price $475,000 – 197 Seawatch Way was one of the original home built in Seawatch. It is located on a high bluff, has nice deck space, and was well cared for. There is no garage and most of the finishes inside were original. Great potential on this one! The buyers of this home are from the Northeast.
404 K Ave – Sales Price $ 439,000 – 404 K Ave was a new home located up the street from the Pier. It measures just over 2,300 sq. ft and has 4 bedrooms. This was purchased as a beach home for a family in Chapel Hill.
606 S 3rd Ave – Sales Price $282,000 – 606 S 3rd is a neat property. It was originally one of the barracks from the Ft. Fisher Recreation area…it was moved to this location and an addition was built-on. Definitely needs some TLC, but some great character and a super location.
1100 S Fort Fisher Blvd #202 – Sales Price $241,000 – We love Ocean Dunes! This is a super 2 bedroom / 2 bath condo in Ocean Dunes. Ocean Dunes has resort style amenities including several pools, and indoor pool, tennis, basketball and a nautilus.
1517 Bowfin Lane - $330,000 – This is a nice duplex located on Bowfin Lane. It did not provide an ocean view, but is just a short walk to the beach.
It had real nice wood floors in the living area. The kitchen was open and had a kitchen island – great for entertaining. The buyers of tis home are a local family.
308 N 8th St - $239,900 – This is a 3 bedroom, 2 bath patio home located in a residential area of Carolina Beach. Hop on your bike and you are minutes to the State Park, and the Boardwalk!
This is just a sampling of the homes we have SOLD this year. Coastwalk Real Estate continues to shine as the #1 seller of homes in Carolina and Kure Beach!
Thanks for reading, and have a great 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. Coastwalk Real Estate is the #1 Sales office on Pleasure Island. Please visit: for more info.
The Weekly Market Report is a Paid Advertisement Compliments of Coastwalk Real Estate.