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Ocean Isle Beach Market Report Homes For Sale/Sold Nov. 2010/2011

By
Real Estate Broker/Owner with Sunset Beach and Beyond Realty

Ocean Isle Beach Market Report Homes For Sale/Sold Nov. 2010/2011


Ocean Isle Beach Billboard

 
In November of 2010 there were 853 HOMES for SALE

In November of 2011 there were 722 HOMES for SALE

This shows a 15.4% DECREASE in Homes for SALE

In November of 2010 there were 18 HOMES SOLD

In November of 2011 there were 27 HOMES SOLD

This shows a 50% INCREASE IN HOMES SOLD

In November of 2010 Avg. Active Price  $336

In November of 2011 Avg. Active Price  $277

This shows a DECREASE OF 17.6%

In November of 2010 Avg. Sold Price  $269

In November of 2011 Avg. Sold Price  $252

This shows a DECREASE of  6.3%

 



The above values reflect LESS homes on the market, more have sold this year, for LESS money $$$

The market continues to reflect lower prices on homes.



Lower Listing Prices, Lower Interest Rates and the number of AFFORDABLE Properties Available ......

IT IS a great time to invest in Ocean Isle, North Carolina



Marcia Kramarz
Re/Max Executive Realty - Medway, MA
CDPE,LMC,CBR

Interesting statistics - We're seeing the exact same results in the north east - or at least my corner fo the nrotheast (Metrowest Boston) Thanks for sharing

Dec 30, 2011 11:28 AM
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®
I am sitting on the couch with the atlas beneath my iPad... Planning the route to NC!! We just need to pick the date so that we can let all of you know that we are coming!! I so hope to get to meet all of my wonderful NC friends!!! March or April is what we have it narrowed down to. Any times we should avoid in March or April?
Dec 30, 2011 02:02 PM
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Marcia ~ Good News for you too!! Happy Selling! Happy New Year!!

Joni ~ April or March sound fine for your visit!!  Sounds like a plan, pick the date and come on over!!

Dec 31, 2011 02:27 AM