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What's Happening in our MARKET - Wilmington, NC and Brunswick CountyAssociation of Realtors

By
Real Estate Agent with Intracoastal Realty Corp

Market Update   According to data in the Wilmington Regional MLS and the Brunswick County MLS, local home sales had double-digit growth changes.  As expected, the average and median sales prices were down from the same period last year.  Both MLS's reported a decrease in average Days on the Market -- a good sign.   Percentage Change from May 2009 - May 2010  

Wilmington Regional Association of Realtors MLS Brunswick County Association of Realtors MLS
Categories % Change   Categories % Change
Total Units Sold +16   Total Units Sold  +43
Average Sales Price -14   Average Sales Price  -18
Median Sales Price -4   Median Sales Price  -14
Total Dollar Volume -1   Total Dollar Volume  +18
Days on the Market -5   Days on the Market  -13

 

Posted by

Kathy Knight, Broker/REALTOR, ABR,GRI, CRS, SRF

Intracoastal Realty Corp, Wilmington NC

Let's talk about      THE BEACH!!!

Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Great to see things moving, Kathy!  While it may be a bummer that average sales price is down, you are right, it's everywhere and what was expected.

Jun 24, 2010 01:40 PM