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Market Update

Market Updates
 Market Update 
Thursday, 02 June 2011
 
   
April 2011 Market Update (Single Family Residential)
Area Price   Apr-11 N Apr-11   Apr-11   Apr-11  
Central Wilmington
(28401, 28403, 28405)
    Active    Under Contracts   Sold   CDOM of Solds Absorption Rate
(Months)
$100-249k   532   13   38   224 14.00 months
$250-399k   145   7   6   385 24.17 months
$400-549k   86   4   3   134 28.67 months
$550-749k   68   3   1   220 68.00 months
$750-1M   47   1   0   0 0.00 months
Total   878   28   48        
Average               241 18.29 months
South Wilmington
(28412, 28409)
                  Absorption Rate
(Months)
$100-249k   475   33   48   153 9.90 months
$250-399k   226   7   15   146 15.07 months
$400-549k   78   2   5   260 15.60 months
$550-749k   42   4   0   0 0.00 months
$750-1M   27   0   1   62 27.00 months
Total   848   46   69        
Average               155 12.29 months
North Wilmington
Ogden
(28411)
                  Absorption Rate
(Months)
$100-249k   475   33   48   153 9.90 months
$250-399k   226   7   15   146 15.07 months
$400-549k   66   1   3   61 22.00 months
$550-749k   28   1   0   0 0.00 months
$750-1M   13   0   0   0 0.00 months
Total   808   42   66        
Average               120 12.24 months
Hampstead
(28443)
                  Absorption Rate
(Months)
$100-249k   214   12   25   141 8.56 months
$250-399k   128   6   13   132 9.85 months
$400-549k   66   1   3   61 22.00 months
$550-749k   28   1   0   0 0.00 months
$750-1M   13   0   0   0 0.00 months
Total   449   20   41        
Average               111 10.95 months
Leland/Navassa
(28451, 28479)
                  Absorption Rate
(Months)
$100-249k   319   25   25   218 12.76 months
$250-399k   119   8   10   314 11.90 months
$400-549k   30   0   0   0 0.00 months
$550-749k   4   0   0   0 0.00 months
$750-1M   1   0   0   0 0.00 months
Total   473   33   35        
Average               266 13.51 months
Castle Hayne
Burgaw
Rocky Point
(28429, 28457, 28425)
                  Absorption Rate
(Months)
$100-249k   154   4   9   95 17.11 months
$250-399k   26   0   1   17 26.00 months
$400-549k   7   0   0   0 0.00 months
$550-749k   4   0   0   0 0.00 months
$750-1M   1   0   0   0 0.00 months
Total   192   4   10        
Average               56 19.20 months
Carolina Beach
(28428, 28449)
                  Absorption Rate
(Months)
$100-249k   147   2   15   332 9.80 months
$250-399k   179   5   11   289 16.27 months
$400-549k   45   1   3   103 15.00 months
$550-749k   42   1   1   43 42.00 months
$750-1M   13   1   0   0 0.00 months
Total   426   10   30        
Average               192 14.20 months
Wrightsville Beach
(28480)
                  Absorption Rate
(Months)
$100--249k   13   0   2   204 6.50 months
$250-549k   31   0   2   244 15.50 months
$550-999k   77   0   2   835 38.50 months
$1MM-1.49MM   22   0   0   0 0.00 months
$1.5MM+   44   0   0   0 0.00 months
Total   187   0   6        
Average               428 31.17 months
Topsail Island
(28445, 28460)
                  Absorption Rate
(Months)
$100-249k   127   7   17   221 7.47 months
$250-399k   178   12   9   254 19.78 months
$400-549k   93   3   3   246 31.00 months
$550-1.49M   107   1   3   678 35.67 months
$1.5MM+   3   0   0   0 0.00 months
Total   508   0   32        
Average               350 15.88 months
   
All Total   4756   206   335        
All Average               181 14 months
POSTED BY: Steve AT 08:06 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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