Thursday, 19 January 2012
| December 2011 Market Update (Single Family Residential) |
Bitmap
|
| Area |
Price |
|
Dec-11 |
S |
Dec-11 |
S |
Dec-11 |
|
Dec-11 |
|
Central Wilmington
(28401, 28403, 28405) |
|
|
Active |
|
Under Contracts |
|
Sold |
|
CDOM of Solds |
Absorption Rate
(Months) |
| $100-249k |
|
358 |
|
11 |
|
25 |
|
174 |
14.32 |
months |
| $250-399k |
|
123 |
|
4 |
|
11 |
|
207 |
11.18 |
months |
| $400-549k |
|
77 |
|
1 |
|
5 |
|
342 |
15.40 |
months |
| $550-749k |
|
44 |
|
1 |
|
2 |
|
571 |
22.00 |
months |
| $750-1M |
|
40 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
642 |
|
17 |
|
43 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
324 |
14.93 |
months |
South Wilmington
(28412, 28409) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
331 |
|
12 |
|
43 |
|
181 |
7.70 |
months |
| $250-399k |
|
172 |
|
4 |
|
12 |
|
111 |
14.33 |
months |
| $400-549k |
|
55 |
|
1 |
|
1 |
|
105 |
55.00 |
months |
| $550-749k |
|
23 |
|
1 |
|
3 |
|
235 |
7.67 |
months |
| $750-1M |
|
18 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
599 |
|
18 |
|
59 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
158 |
10.15 |
months |
North Wilmington
Ogden
(28411) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
163 |
|
16 |
|
33 |
|
206 |
4.94 |
months |
| $250-399k |
|
101 |
|
8 |
|
10 |
|
274 |
10.10 |
months |
| $400-549k |
|
41 |
|
0 |
|
2 |
|
153 |
20.50 |
months |
| $550-749k |
|
21 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| $750-1M |
|
9 |
|
0 |
|
1 |
|
382 |
9.00 |
months |
| Total |
|
335 |
|
24 |
|
46 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
338 |
7.28 |
months |
Hampstead
(28443) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
123 |
|
7 |
|
14 |
|
153 |
8.79 |
months |
| $250-399k |
|
80 |
|
3 |
|
7 |
|
83 |
11.43 |
months |
| $400-549k |
|
18 |
|
1 |
|
1 |
|
631 |
18.00 |
months |
| $550-749k |
|
12 |
|
0 |
|
2 |
|
173 |
6.00 |
months |
| $750-1M |
|
9 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
242 |
|
11 |
|
24 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
347 |
10.08 |
months |
Leland/Navassa
(28451, 28479) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
258 |
|
8 |
|
23 |
|
171 |
11.22 |
months |
| $250-399k |
|
104 |
|
5 |
|
13 |
|
141 |
8.00 |
months |
| $400-549k |
|
23 |
|
1 |
|
1 |
|
0 |
23.00 |
months |
| $550-749k |
|
2 |
|
0 |
|
1 |
|
0 |
2.00 |
months |
| $750-1M |
|
0 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
387 |
|
14 |
|
38 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
156 |
10.18 |
months |
Castle Hayne
Burgaw
Rocky Point
(28429, 28457, 28425) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
100 |
|
4 |
|
10 |
|
187 |
10.00 |
months |
| $250-399k |
|
26 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| $400-549k |
|
5 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| $550-749k |
|
4 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| $750-1M |
|
0 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
135 |
|
4 |
|
10 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
94 |
13.50 |
months |
Carolina Beach
(28428, 28449) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
133 |
|
1 |
|
10 |
|
147 |
13.30 |
months |
| $250-399k |
|
138 |
|
1 |
|
6 |
|
295 |
23.00 |
months |
| $400-549k |
|
32 |
|
1 |
|
1 |
|
644 |
32.00 |
months |
| $550-749k |
|
29 |
|
0 |
|
2 |
|
396 |
14.50 |
months |
| $750-1M |
|
10 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
342 |
|
3 |
|
19 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
371 |
18.00 |
months |
Wrightsville Beach
(28480) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100--249k |
|
18 |
|
0 |
|
10 |
|
147 |
1.80 |
months |
| $250-549k |
|
24 |
|
0 |
|
3 |
|
555 |
8.00 |
months |
| $550-999k |
|
58 |
|
0 |
|
4 |
|
307 |
14.50 |
months |
| $1MM-1.49MM |
|
16 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| $1.5MM+ |
|
33 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
149 |
|
0 |
|
17 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
336 |
8.76 |
months |
Topsail Island
(28445, 28460) |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-249k |
|
74 |
|
5 |
|
10 |
|
312 |
7.40 |
months |
| $250-399k |
|
158 |
|
4 |
|
10 |
|
283 |
15.80 |
months |
| $400-549k |
|
77 |
|
5 |
|
3 |
|
293 |
25.67 |
months |
| $550-1.49M |
|
57 |
|
4 |
|
4 |
|
313 |
14.25 |
months |
| $1.5MM+ |
|
4 |
|
0 |
|
0 |
|
0 |
0.00 |
months |
| Total |
|
370 |
|
0 |
|
27 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
300 |
13.70 |
months |
| Jacksonville |
|
|
|
|
|
|
|
|
|
Absorption Rate
(Months) |
| $100-149k |
|
616 |
|
31 |
|
56 |
|
136 |
11.00 |
months |
| $150-199k |
|
733 |
|
48 |
|
90 |
|
144 |
8.14 |
months |
| $200-249k |
|
314 |
|
27 |
|
55 |
|
103 |
5.71 |
months |
| $250-299k |
|
133 |
|
5 |
|
1 |
|
27 |
133.00 |
months |
| $300-349k |
|
26 |
|
1 |
|
5 |
|
27 |
5.20 |
months |
| Total |
|
1822 |
|
112 |
|
207 |
|
|
|
|
| Average |
|
|
|
|
|
|
|
109 |
8.80 |
months |
| |
|
| All Total |
|
5023 |
|
221 |
|
490 |
|
|
|
|
| All Average |
|
|
|
|
|
|
|
|
10 |
months |
