Sales UP!
Prices UP!
Inventory DOWN!
Overview Sales Year to Date Inventory Region Extremes Humor
New Associate

The Wilson Team welcomes our newest Team Member



Barbara Crawford

 
New Listings

Two beautifully renovated homes in Carolina Heights


304 N. 15th


1511 Rankin, $289k

Click here for more new listings

 
 
Recent Sales by The Wilson Team (click here)
Neighborhood reports

I have updated neighborhood reports for the following communities for 2017:
Ardmore
Carolina Heights

Carolina Place
Forest Hills / Beaumont

Lincoln Forest
Sunset Park

If you would like to see an updated report from your neighborhood,
shoot me an email!

 

Email us at: wadewilson@seacoastrealty.com

 

Welcome to my monthly real estate newsletter
Greetings! I put out this free emailed newsletter once a month to keep people up to date on the local real estate market. My data focuses on the sales and inventory of homes in New Hanover County, with additional numbers on the region our MLS covers.
To see the full review of real estate sales in the region for 2016, click here.

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Last month Sales ----------
Home sales last month in New Hanover were down for the second straight month. Could the market be cooling? Last three months have been down by around 5% compared to last year. Still, it was the second best August since 2006.
Year to date, sales are up 4% over 2016

Last month Prices ----------
Meanwhile, prices continue to climb pretty dramatically. The average price of a sold home in August 2017 was over $336,000, that's up a whopping 13% over August 2016. The average price square foot of a sold home in August 2017 was 158, which is up 8% over August 2016.
Year to date, average sales prices are up 8% and the average price per sq ft is up 9%.

Current Inventory ----------
Inventory rose slightly from last month, and was also up slightly from last year. The 1702 homes for sale was actually the highest inventory of the year (I take the inventory on the 8th of every month). It has been over a year since it was more than 1700.

Inventory rose in the zip codes 28429 (up 65%), 28411 (6%) and 28412 (6%). Biggest drops were at the beaches - Kure Beach was down 21%, Carolina Beach down 23%, Wrightsville down 13%.

Inventory was down the most in lower price ranges, down 33% under 100k and down 14% in the 100-200k range. The higher ranges were up, with the 800k plus market going up 11%. The 400-800k range was up 6%.



Region ----------
Sales in the region were up from last month and up 7% from same month last year. The average price of a sold home came in at around 281k, which was up over 20k from last month and up 8% from same month last year.

Year to date, sales are up 15%. The average price per square foot of a sold home was up 4% from 2016. Year to date, the price per square foot of a sold home was up 5% over last year.

High Dollar Properties ----------
Lots of options out there for the high dollar buyer. The top priced home in New Hanover County is 7422 Sea Lilly Lane in Inlet Point, priced at $8.2 million. Includes a main house, guest house, pool house, 6 car garage, pier, dock, gazebo, heated pool, tennis court, basketball court, infrared sauna, all on 11 acres on the waterway.
Second place is a $5.9 million house on the south end of Figure 8.
See the top 10 listiings in New Hanover County here

There were 10 homes that sold for over $1 million in July 2017, which is a little above average. Top sale was this $4.8 million dollar oceanfront home on Figure 8 Island.

7422 Sea Lilly Lane, listed for $8.2 million
Highest sale last month was on Figure 8
 
This Month's Humor
 
a 2016 Year In Review
See the stats for 2016 and projections for 2017 here
 
The numbers are in for 2016, and Coldwell Banker Sea Coast is still the number one company in the region. We have sold more homes in the region than any other company every year for the past 17 years!

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NEW LISTINGS
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The Wilson Team
"If you're looking for a house, we know where some are..."

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

 

Barbara Crawford,
Realtor

910-632-4586
NC License #298134
barbaracrawford
@seacoastrealty.com

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

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Coldwell Banker Sea Coast
Is the Number ONE
Real Estate Company
in the Region for 17 straight years!