Carolina and Kure Beach – Best Bet to Buy Beach homes in Southeastern NC
Mar
15
Written by:
3/15/2010 7:28 PM
If you look at the market in Southeastern NC based on statistics compiled by David Flory of Cunningham Mortgage Associates of Wilmington- Carolina and Kure Beaches are the best bets in the areas market.
There are currently 504 single family homes for sale and this represents a 12 unit increase over February 2010 and 9.6% of our total WRAR inventory. The average list price is $428,746 a decrease of about $2,970 from January. In February there were 15 homes sold, divide that by the homes available and you have a 33.6 monthly supply of homes in Carolina and Kure Beach (this is high because our low sales in February). The average sold price for the month of February was $296,033 and is down from last month. In February 2009 we had 16 home sales at an average $320,344. When we look at our rolling 12 months March 1, 2009 to February 28, 2010 we have 282 homes sold at an average price of $294,934. While March 1, 2008 to February 28, 2009 we had 247 homes sold at an average price of $358,898.
Give me a call if you interested in properties here – i know the market and can help you find your perfect beach home..