Market Report for
Morehead City, NC 28557
September, 2011
When Comparing closed listings in Morehead City from September 2010 vs. September 2011, number of sales are exactly the same. The number of Pending Sales have increased a bit at 14.8% year over year comparison. There are currently 325 listings available in Morehead City, that number has dropped slightly, 1.8% year to date, but still leaves us with an 18 month supply.
The average sales price year to date is $191,116 (down 19.57% from 2010), and the average List Price in 2011 (year to date) is $360,445 (down 1.46% from 2010).
With the number of properties available, lower asking prices,low interest rates.... It's a great time to be a buyer in Morehead City.
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