The Camp Lejeune Jacksonville NC Real Estate Market Report, comparing 1st Qtr, January - March results in 2012 to January - March results from 2011 shows a continuation of the trends that have carried on throughout 2011 in our local market.
Re-sale homes continue to have decreased sales numbers in the market, down 18% over the same time period last year, while new construction continues to maintain their sales numbers and increased their market share of local home sales. There is still an abundance of inventory on the market, so I do not expect any change to this trend as we move through 2012. Average sold prices have increased for new construction, and though decreasing for re-sale homes, not at the catastrophic levels reported elsewhere in the country. As our market has not been significantly impacted by short sale and other distressed property sales, I do not expect any significant changes to these trends through 2012.
Info obtained from Jacksonville Board of REALTORS Multiple Listing Service.
Overall Single Family Home Sales for the January to March 2012 time frame, including both new construction and re-sale numbers are:
Sold Current Period: 582
Sold 1 Year Ago: 528
Increase of: 54 or up 10 %
Avg Sold Price Current Period: $177,521
Avg Sold Price 1 Year Ago: $175,573
Increase of: $1,948 or up 1 %
New Construction Single Family Home Sales for the January to March 2012 time frame:
Sold Current Period: 384
Sold 1 Year Ago: 287
Increase of 97 units or up 34 %
Avg Sold Price Current Period: $186,740
Avg Sold Price 1 Year Ago: $191,959
Decrease of: $ 5,219 or down 2.8 %
Re-Sale Single Family Home Sales for the January to March 2012 time frame:
Sold Current Period: 198
Sold 1 Year Ago: 241
Decrease of: 43 or down 18 %
Avg Sold Price Current Period: $159,596
Avg Sold Price 1 Year Ago: $156,061
Increase of: $ 3,535 or up 2.22 %
These numbers are a general overview of our local Camp Lejeune Jacksonville NC Real Estate Market. For a detailed analysis of the market as it pertains to your specific situation, call (or text) (910) 265-6860 or send an email to Ken@KenBrandon.com and one of our real estate professionals will be back in touch with you.
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Our market remains consistent. People are still buying and selling homes in the Camp Lejeune and surrounding area. With many homes to choose from and interest rates at historic lows, home buyers in our area have many reasons to choose NOW to buy a Jacksonville NC Home.