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Market Update

Market Updates
 Market Update 
Wednesday, 08 December 2010
    Bitmap
2010 Market Update (Single Family Residential)
Area Price   Nov-10 N Nov-10   Nov-10   Nov-10  
Central Wilmington
(28401, 28403, 28405)
    Active    Under Contracts   Sold   CDOM of Solds Absorption Rate
(Months)
$100-249k   529   19   25   186 21.16 months
$250-399k   143   5   12   184 11.92 months
$400-549k   71   6   7   162 10.14 months
$550-749k   75   1   2   357 37.50 months
$750-1M   37   0   0   0 0.00 months
Total   855   31   46   889    
Average               187 18.59 months
South Wilmington
(28412, 28409)
                  Absorption Rate
(Months)
$100-249k   484   35   33   109 14.67 months
$250-399k   214   15   10   180 21.40 months
$400-549k   67   0   6   267 11.17 months
$550-749k   47   0   1   129 47.00 months
$750-1M   31   0   0   0 0.00 months
Total   843   50   50   685    
Average               138 16.86 months
North Wilmington
Ogden
(28411)
                  Absorption Rate
(Months)
$100-249k   196   14   14   90 14.00 months
$250-399k   113   7   7   173 16.14 months
$400-549k   61   4   2   858 30.50 months
$550-749k   22   1   3   67 7.33 months
$750-1M   14   0   0   0 0.00 months
Total   406   26   26   1188    
Average               173 15.62 months
Hampstead
(28443)
                  Absorption Rate
(Months)
$100-249k   124   9   10   200 12.40 months
$250-399k   87   12   5   328 17.40 months
$400-549k   31   0   0   0 0.00 months
$550-749k   20   2   0   0 0.00 months
$750-1M   14   0   0   0 0.00 months
Total   276   23   15   528    
Average               242 18.40 months
Leland/Navassa
(28451, 28479)
                  Absorption Rate
(Months)
$100-249k   297   27   26   160 11.42 months
$250-399k   93   11   6   141 15.50 months
$400-549k   28   4   2   254 14.00 months
$550-749k   5   0   0   0 0.00 months
$750-1M   1   0   0   0 0.00 months
Total   424   42   34   555    
Average               149 12.47 months
Castle Hayne
Burgaw
Rocky Point
(28429, 28457, 28425)
                  Absorption Rate
(Months)
$100-249k   157   1   6   187 26.17 months
$250-399k   37   1   0   0 0.00 months
$400-549k   4   0   0   0 0.00 months
$550-749k   5   0   0   0 0.00 months
$750-1M   2   0   0   0 0.00 months
Total   205   2   6   187    
Average               170 34.17 months
Carolina Beach
(28428, 28449)
                  Absorption Rate
(Months)
$100-249k   131   5   17   163 7.71 months
$250-399k   163   4   9   216 18.11 months
$400-549k   39   1   2   372 19.50 months
$550-749k   36   0   1   548 36.00 months
$750-1M   23   0   0   0 0.00 months
Total   392   10   29   1299    
Average               207 13.52 months
Wrightsville Beach
(28480)
                  Absorption Rate
(Months)
$100--249k   16   0   1   334 16.00 months
$250-549k   29   1   0   0 0.00 months
$550-999k   76   0   2   785 38.00 months
$1MM-1.49MM   30   1   0   0 0 months
$1.5MM+   48   1   0   0 0 months
Total   199   3   3   1119    
Average               635 66.33 months
Topsail Island
(28445, 28460)
                  Absorption Rate
(Months)
$100-249k   106   15   6   23 17.67 months
$250-399k   154   14   9   276 17.11 months
$400-549k   86   0   4   992 21.50 months
$550-1.49M   124   0   2   293 62.00 months
$1.5MM+   2   0   0   0 0.00 months
Total   472   0   21   1584    
Average               396 22.48 months
   
All Total   4056   216   229        
All Average               167 18 months    
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
                           
POSTED BY: Steve Thornton AT 10:51 am   |  Permalink   |  E-mail this

Sandy & Steve Thornton
Century 21 Sweyer & Associates
16406 Highway 17 N Ste 5
Hampstead, NC 28443
Cell: 910-352-3526
Cell: 910-554-2441
Fax: 910-239-1580
Email: unrealestate1@aol.com

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