NOW IS THE TIME TO BUY A BEACH HOME… HERE’S THE LATEST STATISTICS FOR KURE AND CAROLINA BEACH…
Jul
12
Written by:
7/12/2010 9:07 AM
This data was pulled on July 10, 2010, based on information from the Wilmington Regional Association of REALTORS Incorporated, for the period Jan. 1, 2005 through June 30, 2010.
The Market
Carolina & Kure Beach
There are currently 516 single family homes for sale and this represents an 18 unit decrease over June 1, 2010 and 9.0% of our total WRAR inventory. The average list price is $418,525 an increase of about $3,047 from May. In June there were 27 homes sold, divide that by the homes available and you have a 19.1 monthly supply of homes in Carolina and Kure Beach. The average sold price for the month of June was $366,246 and is up $85,443 from last month. When we look at our rolling 12 months July 1, 2009 to June 30, 2010 we have 295 homes sold at an average price of $293,076. While July 1, 2008 to June 30, 2009 we had 248 homes sold at an average price of $323,910.
information supplied by David Flory of Cunningham Mortgage