First, an update on our beach markets...Our beaches are still selling well, and property values have had some appreciation - 17% appreciation at Wrightsville Beach in the past year. Throughout Wilmington, most properties are selling at more than 95% of their asking price; however, we are seeing homes on the market longer than a year ago.
NEW HANOVER COUNTY - HOME SALES
TOTAL CLOSED SALES:
$100,000 to $4,000,000 – 184 Closed Sales
Median List Price: $244,055
Median Sale Price: $236,000
Average Days on Market: 112
TOTAL PENDING SALES:
$100,000 to $4,000,000 - 172 Pending Sales
Median List Price: $235,500
Average Days on Market: 125
$100,000 TO $199,999 – 67 Closed Sales
Median List Price: $159,000
Median Sale Price: $155,000
Average Days On Market: 77
$100,000 TO $199,999 – 67 Pending Sales
Median List Price: $159,900
Average Days On Market: 88
$200,000 to $299,999 – 50 Closed Sales
Median List Price: $244,055
Median Sale Price: $236,000
Average Days On Market: 123
$200,000 TO $299,999 - 46 Pending Sales
Median List Price: $240,950
Average Days On Market: 142
$300,000 to $399,999 – 31 Closed Sales
Median List Price: $357,820
Median Sale Price: $335,000
Average Days On Market: 135
$300,000 TO $399,999 – 25 Pending Sales
Median List Price: $349,900
Average Days On Market: 117
$400,000 to $499,999 - 8 Closed Sales
Median List Price: $445,440
Median Sale Price: $417,950
Average Days On Market: 141
$400,000 TO $499,999 – 14 Pending Sales
Median List Price: $475,800
Average Days On Market: 105
$500,000 to $599,999 - 9 Closed Sales
Median List Price: $549,000
Median Sale Price: $520,000
Average Days on Market: 101
$500,000 TO $599,999 - 6 Pending Sales
Median List Price: $557,400
Average Days On Market: 299
$600,000 to $699,999 – 5 Closed Sales
Median List Price: $659,000
Median Sale Price: $630,000
Average Days On Market: 224
$600,000 TO $699,999 - 1 Pending Sale
Median List Price: $670,000
Average Days On Market: 161
$700,000 to $799,999 – 4 Closed Sales
Median List Price: $787,450
Median Sale Price: $750,786
Average Days On Market: 119
$700,000 TO $799,999 – 3 Pending Sales
Median List Price: $758,000
Average Days On Market: 250
$800,000 to $899,999 – 2 Closed Sales
Median List Price: $909,764
Median Sale Price: $837,264
Average Days On Market: 159
$800,000 TO $899,999 - 3 Pending Sales
Median List Price: $829,000
Average Days On Market: 108
$900,000 to $999,999 – 1 Closed Sale
Median List Price: $949,900
Median Sale Price: $900,000
Average Days On Market: 347
$900,000 TO $999,999 - No Pending Sales
Median List Price:
Average Days On Market:
$1,000,000 & Above – 7 Closed Sales
Median List Price: $1,875,000
Median Sale Price: $1,725,000
Average Days On Market: 107
$1,000,000 & Above - 7 Pending Sales
Median List Price: $1,250,000
Average Days On Market: 243