Camp Lejeune Jacksonville NC Real Estate Market Report November 2012

By
Managing Real Estate Broker with Coldwell Banker Sea Coast Advantage (Jacksonville, NC) NC License # 232012

 

Analyzing The Housing MarketThe Camp Lejeune Jacksonville NC Real Estate Market Report, comparing January - November results in 2012 to January - November results from 2011 shows a continuation of the trends that have carried on throughout 2012 in our local market.

Re-sale home sales numbers in the market, are up 1% over the same time period last year, and new construction has seen ia 10% ncrease in their sales numbers. New Construction continues to increase their market share of overall 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 close out 2012 and move through 2013. As our market has not been significantly impacted by short sale and other distressed property sales, (though there has been a large increase in short sale home listings appearing in our MLS.) I do not expect any significant changes to these trends through 2013. It is worth mentioning that "active' REO, or bank owned homes in our MLS have doubled over the last couple of months, from 60 on the market in September, to 120 on the market as of today.

Info obtained from Jacksonville Board of REALTORS Multiple Listing Service.

 

Overall Single Family Home Sales for the January to November 2012 time frame, including both new construction and re-sale numbers are:

Sold Current Period: 2,358Increase

Sold 1 Year Ago: 2,219

Increase of: 139 or up 6 %

 

Avg Sold Price Current Period: $182,894Increase

Avg Sold Price 1 Year Ago: $178,548

Increase of: $4,346 or up 2 %

 

New Construction Single Family Home Sales for the January to November 2012 time frame:

Sold Current Period: 1450Increase

Sold 1 Year Ago: 1316

Increase of 134 units or up 10 %

 

Avg Sold Price Current Period: $192,002

Avg Sold Price 1 Year Ago: $191,080

Increase of: $ 922

 

Re-Sale Single Family Home Sales for the January to November 2012 time frame:

Sold Current Period: 908

Sold 1 Year Ago: 903

Increase of: 5 or up 1 %

 

Avg Sold Price Current Period: $168,349Increase

Avg Sold Price 1 Year Ago: $160,284

Increase of: $ 8,065or up 5 %

 

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.

Are you considering whether now is the time to sell or not? Click HOMESELLERS Neighborhood Home Value Request and we will get in touch with you to discuss the market as it applies to your specific situation.

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.

Posted by

 Ken Brandon

 ABR, CDPE, CNE, CRS, e-PRO, GRI, SFR, SRS

Managing Broker

Coldwell Banker Sea Coast Advantage

2355 Western Boulevard Suite 300,  Jacksonville NC 28546

   Office: (910) 353-5100                       Email: KenBrandon@SeaCoastRealty.com  

 Serving Camp Lejeune, Jacksonville NC, And The Surrounding Area

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