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By the Numbers
The Year at a Glance

By Overall Area
-New Hanover County
-Region

By City
- Wilmington
-Wrightsville Beach
-Castle Hayne
-Carolina Beach
-Kure Beach
-Leland

Sales in NH Cty
-1.1: Home sales 10 yrs
-1.2: Home sales by price
-1.3: Home sales by zip
-1.4: Home sales by volume

Prices in NH Cty
-2.1: Average prices 10 yrs
-2.2: Price Per Sq Ft
-2.3: Price by zip code
-2.4: Bank owned property

Inventory in NH Cty
-3.1: Trends by month
-3.2: By Zip Code
-3.3: By Price
-3.4: Bank owned

Sales in Brunswk Cty

Sales in Pender Cty

Luxury Sales
Million + sales

Land Sales
4.1: Land Activity

Company Comparison
5.1: By Volume & Sales


Wilson Team Activity
$6 million + year!

The Forecast
For Buyers in 2017
For Sellers in 2017

All info is from the Greater Wilmington MLS, but is New Hanover County only.

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The seller forecast for 2017:
The outlook for sellers has continually been improving over the past several years, and all indications are that trend will continue. There are more buyers, prices are up, and inventory has remained fairly low.

Check out the number of days on the market that the average house sold for over the past several years. That number has been plummeting.

I do get the sense that there are a lot of sellers who have been on the sidelines for several years, wanting to sell but waiting for the right time. There is some concern that if all of that shadow inventory starts coming back on the market, there will be too many houses for buyers to absorb, leading to pressures to lower prices.


Averages to sell a home in New Hanover County
in 2012: 137 days on market
in 2013: 121 days on market
in 2014: 116 days on market
in 2015: 96 days on market
in 2016: 81 days on market

If you are not happy living where you are, maybe it's time to sell. My motto is, you only live once, you might as well live where you want to.

 

Coldwell Banker Sea Coast Realty • 2516 Independence Blvd, Suite 102 • Wilmington NC 28412
   
Wade Wilson, Realtor

910-619-3502
NC License #253396
wadewilson
@seacoastrealty.com
 
Ashley Wilson, Realtor

910-619-0024
NC License #275182
ashleywilson
@seacoastrealty.com
 
Lindsey Bridges,
Realtor

828-231-6422
NC License #294445
lindseybridges
@seacoastrealty.com
Coldwell Banker Sea Coast
Is the Number ONE
Real Estate Company
in the Region for 17 straight years!