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March 2015 Market Report - Emerald Isle NC

By Kathryn Gorham

Real Estate Agent with Green Key Realty

April 09, 2015 11:52 PM

Market Report for Homes for Sale March 2015 for Emerald Isle, Swansboro, Cedar Point, Cape Carteret and Crystal Coast,

Residential, Land and Lots ACTIVE, SOLD and PENDING

Emerald Isle - Market Report

March 2015

Emerald Isle Homes for Sale

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	257	139,395,236	0	Low Avg High	99,500 542,394 2,750,000	0 0 0	0.00 0.00 0.00	400 2,045 7,738	119.28 267.99 824.17	0.00 0.00 0.00	0 235 2,697	0 249 2,697
Pending	26	11,508,100	0	Low Avg High	99,500 442,619 1,150,000	0 0 0	0.00 0.00 0.00	400 1,907 4,376	120.19 227.90 352.85	0.00 0.00 0.00	27 174 702	25 173 702
Closed	16	6,742,200	6,364,500	Low Avg High	94,900 421,388 799,000	84,500 397,781 740,000	0.83 0.94 1.02	828 1,836 3,563	114.61 238.53 406.75	99.59 225.49 381.94	45 252 790	45 251 789
Overall	299	157,645,536	6,364,500	Low Avg High	94,900 527,243 2,750,000	84,500 397,781 740,000	0.83 0.94 1.02	400 2,019 7,738	114.61 262.47 824.17	99.59 225.49 381.94	0 230 2,697	0 242 2,697

Emerald Isle NC Homes for Sale that SOLD in March 2015

T

MLS #	Address	Sold Date	Original List Price	List Price	Sold Price	Aprox. Htd SqFt +/-	Primary Subdivision	Waterfront (Y/N)	Bank Owned	Short Sale	Days On Market
14-5455	6905 Canal Drive	03/05/2015	139,900	94,900	84,500	828	Columbus Square	No	Yes	No	100
14-1686	300 OSPREY RIDGE Drive 13	03/23/2015	125,000	125,000	123,000	1,064	Osprey Ridge	No	No	No	349
13-160	10300 Coast Guard Rd C 101	03/13/2015	246,000	224,000	207,500	900	Point Emerald Vill	No	No	No	790
14-5543	18 Ocean Drive	03/27/2015	394,900	329,900	335,000	1,464	None	No	Yes	No	112
14-5446	8606 CANAL Drive	03/20/2015	362,000	343,500	335,000	2,290	None	No	No	No	116
15-465	1507 Ocean Drive	03/19/2015	348,000	348,000	290,000	2,912	None	Yes	Yes	No	48
14-5648	9201 Coast Guard Rd A307	03/26/2015	378,000	378,000	357,500	1,119	Pebble Beach	Yes	No	No	104
13-3824	107 OCEAN Drive	03/27/2015	450,000	410,000	385,000	1,008	None	Yes	No	No	617
14-4252	205 Shorewood Drive	03/26/2015	422,000	422,000	400,000	1,945	Shorewood	No	No	No	203
13-4207	1907 Emerald Drive	03/13/2015	595,000	469,000	430,000	2,016	None	No	No	No	567
15-602	9406 OCEAN Drive	03/27/2015	485,000	485,000	475,000	1,462	Sea Dunes	No	No	No	45
14-5178	9709 Green Glen Rd	03/06/2015	525,000	525,000	480,000	2,038	Dolphin Ridge	No	No	No	122
14-3708	201 BLUE CRAB Ct	03/30/2015	539,000	539,000	530,000	3,563	Lands End	No	No	No	241
14-3849	9410 OCEAN Drive	03/27/2015	649,000	609,900	575,000	2,208	Sea Dunes	No	No	No	231
14-4128	1205 OCEAN Drive	03/31/2015	650,000	640,000	617,000	2,070	None	Yes	No	No	216
14-4552	9922 BLUFF Rd	03/20/2015	799,000	799,000	740,000	2,493	Spinnakers Landing	Yes	No	No	177

Emerald Isle Lots and Land for Sale in March 2015

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	115	26,376,200	0	Low Avg High	75,000 229,358 695,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	9 588 3,086	8 644 3,086
Pending	3	444,000	0	Low Avg High	110,000 148,000 199,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	20 218 478	20 215 478
Closed	2	534,000	460,000	Low Avg High	245,000 267,000 289,000	225,000 230,000 235,000	0.78 0.87 0.96	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	115 552 990	1,697 1,910 2,123
Overall	120	27,354,200	460,000	Low Avg High	75,000 227,952 695,000	225,000 230,000 235,000	0.78 0.87 0.96	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	9 578 3,086	8 654 3,086

SOLD Lots and Land in Emerald Isle NC in March 2015

Photo	MLS #	Address	Sold Date	Original List Price	List Price	Sold Price	Primary Subdivision	Waterfront (Y/N)	Bank Owned	Short Sale	Days On Market
	12-3206	612 OCEAN Drive	03/27/2015	329,000	245,000	235,000	None	No	No	No	990
	14-5321	9711 SPINNAKER	03/10/2015	315,000	289,000	225,000	Dolphin Ridge	No		Yes	115

Swansboro, Cedar Point & Cape Carteret - Market Report

March 2015

Swansboro, Cedar Point, Cape Carteret Homes for Sale

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	187	51,778,969	0	Low Avg High	67,000 276,893 1,300,000	0 0 0	0.00 0.00 0.00	448 2,074 4,462	68.58 143.64 410.23	0.00 0.00 0.00	4 205 1,703	0 221 1,694
Pending	32	7,114,900	0	Low Avg High	64,700 222,341 400,000	0 0 0	0.00 0.00 0.00	890 1,980 3,352	56.16 107.77 192.31	0.00 0.00 0.00	21 170 616	21 171 614
Closed	16	4,102,200	3,912,530	Low Avg High	115,000 256,388 540,000	86,000 244,533 494,000	0.75 0.95 1.04	1,000 2,085 3,366	80.18 125.74 197.80	65.15 119.41 182.63	37 175 413	-2 200 560
Overall	235	62,996,069	3,912,530	Low Avg High	64,700 268,068 1,300,000	86,000 244,533 494,000	0.75 0.95 1.04	448 2,061 4,462	56.16 136.24 410.23	65.15 119.41 182.63	4 198 1,703	-2 213 1,694

Homes for Sale that SOLD in Swansboro, Cape Carteret, and Cedar Point

MLS #	Address	Sold Date	Original List Price	List Price	Sold Price	Aprox. Htd SqFt +/-	Primary Subdivision	Waterfront (Y/N)	Bank Owned	Short Sale	Days On Market
15-373	107 South Winds Ct	03/04/2015	115,000	115,000	86,000	1,320	Southwinds Estate	No	No	No	37
14-5022	106 Star Fish Ln	03/25/2015	118,000	118,000	115,000	1,400	Ocean Spray	No		No	153
15-93	523 SABISTON Drive S	03/30/2015	179,900	179,900	169,000	1,000	Swansboro	No	No	No	82
15-141	219 Echo Ridge Rd	03/04/2015	183,900	183,900	180,000	1,697	Coldwater Creek	No	No	No	51
14-3407	309 Catamaran Rd	03/27/2015	209,900	194,900	194,900	2,079	Watercrest Landing	No		No	256
14-2296	302 OAK RIDGE Ct	03/30/2015	225,000	220,000	220,000	1,916	ForestBrook	No		No	319
14-568	222 BLUEWATER	03/30/2015	279,000	229,000	215,000	2,000	Bluewater Cove	No	No	No	413
15-399	122 Jones St	03/20/2015	234,000	234,000	225,000	1,678	None	No	No	No	51
14-5062	304 Oak Ridge Ct	03/25/2015	242,900	242,900	252,330	2,235	ForestBrook	No	No	No	153
15-71	203 Dolphin St	03/02/2015	245,000	245,000	235,000	1,543	Cape Carteret	No	No	No	58
14-2353	303 Catamaran Rd	03/16/2015	269,900	259,900	259,900	3,129	Watercrest Landing	No		No	306
14-1995	305 Catamaran Rd	03/13/2015	277,500	269,900	269,900	3,366	Watercrest Landing	No		No	323
15-319	219 Lejeune Rd	03/25/2015	344,900	344,900	329,000	3,000	Bay Shore Park	No	No	No	61
14-4080	105 Mary Catherine Ct	03/10/2015	379,900	359,900	330,000	2,420	Cedar Point Beach	No	No	No	200
14-5089	107 DOLPHIN BAY	03/16/2015	365,000	365,000	337,500	1,848	Dolphin Bay Est	Yes	No	No	138
15-1198	219 WALNUT St S	03/12/2015	540,000	540,000	494,000	2,730	Swansboro	No	No	No	202

Swansboro, Cape Carteret, Cedar Point Land and Lots for Sale

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	155	35,743,104	0	Low Avg High	32,000 230,601 6,946,971	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	6 635 2,112	6 650 2,262
Pending	1	52,900	0	Low Avg High	52,900 52,900 52,900	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	29 29 29	302 302 302
Closed	3	140,700	125,000	Low Avg High	27,900 46,900 59,900	25,000 41,667 50,000	0.83 0.89 0.95	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	21 139 351	19 138 351
Overall	159	35,936,704	125,000	Low Avg High	27,900 226,017 6,946,971	25,000 41,667 50,000	0.83 0.89 0.95	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	6 622 2,112	6 638 2,262

Swansboro, Cape Carteret, and Cedar Point Land and Lots Sold

MLS #	Address	Sold Date	Original List Price	List Price	Sold Price	Primary Subdivision	Waterfront (Y/N)	Bank Owned	Short Sale	Days On Market
15-246	BRANCH Ct	03/05/2015	27,900	27,900	25,000	Swansboro	No	No	No	45
15-837	505 HOLLAND MILL Ln	03/16/2015	52,900	52,900	50,000	Forest Ridge	No	No	No	21
14-1616	316 Divot Ct	03/24/2015	67,000	59,900	50,000	Silver Creek	No	No	No	351

Crystal Coast Market Report

March 2015

Homes for Sale at the Crystal Coast

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	1,844	628,091,087	0	Low Avg High	9,000 340,613 2,750,000	0 0 0	0.00 0.00 0.00	1 1,926 7,738	10.07 1,053.35 1,200,000.00	0.00 0.00 0.00	0 213 2,861	0 237 2,861
Pending	200	55,653,279	0	Low Avg High	40,000 278,266 2,250,000	0 0 0	0.00 0.00 0.00	400 1,860 4,481	30.01 154.18 620.18	0.00 0.00 0.00	19 166 995	13 180 1,552
Closed	164	39,312,531	37,284,420	Low Avg High	22,000 239,711 1,145,000	16,500 227,344 1,012,500	0.58 0.95 1.21	300 1,768 3,563	20.83 139.87 406.75	15.62 132.34 381.94	0 203 1,725	-7 218 1,725
Overall	2,208	723,056,897	37,284,420	Low Avg High	9,000 327,471 2,750,000	16,500 227,344 1,012,500	0.58 0.95 1.21	1 1,905 7,738	10.07 884.54 1,200,000.00	15.62 132.34 381.94	0 208 2,861	-7 230 2,861

Crystal Coast Land and Lots for Sale

Status	# Listings	List Volume	Sold Volume		List Price	Sold Price	Sale/List Price	Aprox. Htd SqFt +/-	List Price Per Aprox. Htd SqFt +/-	Sold Price Per Aprox. Htd SqFt +/-	Days On Market	Cumulative Days On Market
Active	1,123	219,273,020	0	Low Avg High	4,750 195,256 6,946,971	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	1 510 3,346	1 551 3,346
Pending	17	2,259,050	0	Low Avg High	24,900 132,885 392,600	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	11 324 1,097	11 324 1,097
Closed	26	2,556,600	2,210,400	Low Avg High	19,900 98,331 359,000	14,000 85,015 342,000	0.66 0.85 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	12 286 1,134	11 419 2,123
Overall	1,166	224,088,670	2,210,400	Low Avg High	4,750 192,186 6,946,971	14,000 85,015 342,000	0.66 0.85 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	1 502 3,346	1 544 3,346

Summary Market Report for Emerald Isle and the Crystal Coast NC for March 2015

Market Report for Emerald Isle NC for March 2015 shows that there were 16 homes SOLD in March. One was a condo that sold in Pebble Beach, one home was located in Columbus Square subdivision, one property was located in Osprey Ridge subdivision, One property was located in Point Emerald Villas subdivision, two homes were located in Sea Dunes subdivision, one home was located in Shorewood subdivision, one home was located in Dolphin Ridge, one was located in Lands End, one was located in Spinnakers Landing subdivision and the remaining six homes sold in unincorporated areas of Emerald Isle NC. The average price for a home sold in Emerald Isle NC in March 2015 was $397,781. The lowest price home that sold was priced at $84500. The highest priced home that sold in Emerald Isle NC this month was $740,000. Of the 16 homes that sold in Emerald Isle NC in March the sold at an average of 94% of list price. The average price per square foot for homes sold in Emerald Isle this month was $225.49 per square foot. There were 2 lots sold in Emerald Isle during the month of March 2015. The lots that sold in Dolphin Ridge and unincorporated area of Emerald Isle NC. The lowest price lot that sold was priced at $225,000. The highest priced lot that sold in Emerald Isle NC this month was $235,000. The average days on the market was 552 days.