Emerald Isle North Carolina Real Estate Market Conditions Through September 2009
Year over Year Comparison of Sold
Homes for Sale Emerald Isle and the Crystal Coast North Carolina
Emerald Isle is down 14.67% in the number of homes sold in Emerald Isle North Carolina for the first 9 months of 2009 compared to the first 9 months of 2008. The average price of a home for sale in Emerald Isle dropped 3.49% compared to the same period last year. The average price per square foot of a home for sale in Emerald Isle also dropped by 7.33% over 2008 statistics to $271 average per sq/ft. The number of days on market climbed slightly to 4.5%.
Swansboro, Cape Carteret and Cedar Point area sales were down 21% year over year and prices down 9.70% for the same period. The average price per square foot is tracking at $127 which is 3.45% lower than 2008 for the same period. The days on market shows it is taking longer to sell a home by 7.11% or an average of 226 days.
The numbers for the entire Crystal Coast MLS area show that home sales are down 11%, average prices are down 6.16% with an average price per square foot coming in at $145 and it is taking an average of 210 days on the market to sell a home for sale.
Year over Year Comparison of Sold
Land and Lots for Sale Emerald Isle and the Crystal Coast North Carolina
Land an lot sales for Emerald Isle North Carolina are showing improvements in the number of lots sold by 450% over 2008. The average price for a sold lot is also up 31% over 2008 with an average sold price of $486,968 per lot. The average days on market is taking longer, 187% longer or an average of 336 days to sell your lot.
Western Carteret County North Carolina including, Swansboro, Cape Carteret, Cedar Point is showing a slight drop in lot sales year over year from 2008 with a 10.5% decrease in sales. The average price of sold lots in this area of the Crystal Coast is $116.353. The average days it takes to sell a lot in Swansboro, Cedar Point, Cape Carteret went down 21% to 260 days.
Crystal Coast MLS area of North Carolina is showing an increase in the average price of a lot sold by 18% over 2008 to a price of $157,129 per lot. The number of lots sold has drop in the year over year number by 17% while the average days on market has also dropped by 7.5% to 269 days on average to sell a lot on the Crystal Coast.
Copyright © 2009 by Kathryn Gorham, All Rights Reserved.*Emerald Isle North Carolina Homes Recently Sold Real Estate Market Report Through September 2009*
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Kathryn, I look forward to your reports. This is another great one. Thanks for being our GO TO GAL for good reports on our area. I just use yours rather than spend time doing the same thing. Thanks for sharing.