Weekly Real Estate Market Report for December 24th, 2014

By / Local Businesses / Tuesday, 23 December 2014 05:00

I would like to wish you and your family a Merry Christmas, a happy Holiday, and a safe and prosperous New Year!
As I’m sure you are aware, our real estate market has seen some considerable changes over the past few years. Gone are the days of short sales and foreclosures. Prices have leveled, and it's an even playing field for buyers and sellers.
 If you’re thinking about making renovations to your home, or possibly selling it in 2015, the first thing you’ll want to know is the current market value.
 You’re invited to use a free home value report calculator on our website that cross-references your home to comparable sales in our area to estimate a price your home would sell for if it were to go on the MLS today. http://www.coastwalkrealestate.com/cma/property-valuation/
Carolina Beach -- In 2014, through 12/20/14, we have seen 284 home / condo sales in Carolina Beach, ranging from $80,000 to $1,250,000. 104 of these are single family homes, and the average price per square foot of these homes was $183. In 2014, there were 62 land sales in Carolina Beach.
Compared to the same period in 2013, we saw 300 home / condos sales in Carolina Beach, ranging from $70,000 to $1,280,000.
125 of these were single family homes, and the average price per square foot of these homes came in at $166. In 2013, there 43 land sales in Carolina Beach.
Comparing 2013 to 2014, the total number of sales was about even. In 2014 we saw a bump in land sales, and a drop in condo sales. In 2014, the average price per square foot of single family homes rose $17.
Kure Beach -- In 2014, through 12/20/14, we have seen 96 home / condo sales in Kure Beach, ranging from $115,000 to $1,300,000. 63 of these are single family homes, and the average price per square foot of these homes was $ 188. In 2014, there were 18 land sales in Kure Beach.
Compared to the same period in 2013, we saw 83 home / condos sales in Kure Beach, ranging from $83,000 to $ 1,600,000. 48 of these were single family homes, and the average price per square foot of these homes came in at $168. In 2013, there 21 land sales in Kure Beach.
Comparing 2013 to 2014, the total number of sales was slightly down in Kure Beach. Interestingly, the average price per square foot was also down. In 2014 we saw an increase in the number of larger / more expensive homes in Kure Beach sell, but they did so at a greater discount.
Of course if you would like more detailed information, or if you’d like to discuss how this information impacts your real estate investments, please just call me at 910-352-0998 anytime. Thanks a ton, and have a wonderful Holiday!
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.

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Super User

Super User

Carolina Beach North Carolina

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