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Weekly Wilmington 411 - Week of March 22

By
Real Estate Agent with Coldwell Banker Sea Coast Realty

Quote of the Week:

What is the difference between genius and stupidity? Genius has limits. - Albert Einstein

Local Market Statistics 

There are currently 5067 single-family homes for sale in New Hanover, Pender and Brunswick Counties.  In the last 6 months (9/19/09-3/22/10), 1888 homes have sold.  These numbers indicate that if NO other homes are listed for sale that there is approximately 16 months worth of inventory. 

During the last week (3/15/10-3/22/10):

  • 245 Homes were listed FOR SALE
  • 143 Homes went UNDER CONTRACT
  • 76 Homes SOLD
  • 127 Homes FAILED to SELL (Withdrawn or Expired) 

Spring has arrived, we are beginning to see more people out and about at open houses, driving around neighborhoods and calling about homes for sale.  The Home Buyer Tax Credit is ending in just a few weeks and buyers are working hard to find the right house to take advantage of the huge tax breaks.  There is still a large amount of inventory available however if your home is priced right and shows well...get ready for some activity.  

Please note all of these statistics are based on single-family residential homes for sale in New Hanover, Pender and Brunswick Counties. 

Area HappeningsWilmington NC Easter Eggs in Grass

March 27th:  Amateur Golf Competition @ Olde Point Country Club 

April 2ndBattleship Easter Egg Hunt 

April 17thMissy Raines & the New Hip Sam Bush Band
 

Wilmington NC Real Estate & Homes - Michelle Roberts , Your Realtor

Michelle loves working with clients that have high expectations and works diligently to exceed those expectations in Wilmington, NC and surrounding areas including Ogden, Porters Neck, Wrightsville Beach, Carolina Beach, Castle Hayne, Leland, Burgaw and Hampstead. (910) 431-5686

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