Market Conditions for Brunswick County, North Carolina
Reported by Genie Lancaster, REALTOR, ABR, CRS, GRI, CSP, RRS
Updated November 23, 2009.
Current Market Rating: 3
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Buyer's
Seller's
Current Price Trend: 3
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Falling
Rising
This month's market report I am giving you contains statistics on October1-October 31, 2009. The numbers are different from September. Brunswick County had an unexpected drop in the numbers, and the sold number of houses, condos, and townhouses is DOWN by a total of 17 from September. The average sales price for houses, condos, and townhouses in September it was $231,653.00 and jumped to $255,157.00 in October, so that is great news. The median sales price for the three categories in September was $199,000.00 and dropped to $190,000.00 in October, so there was a slight drop in October in the median sales price. There were 200 closings in September, and 173 in October. While the number of sales in the three categories was a bit lower, I feel that the over all picture is encouraging, but I would love to see the sales AND the prices rise soon.
Call me at 233-4333, or email me for more information,or if I can be of service to you. My website is www.genielancaster.com, and my email is genie@genielancaster.com. There is also a link in my newsletter Realty Times.com.
Active:
Land/acreage: 4,370 parcels ranging in price from $800 on Bluebird Lane in Bolivia-$21,000,000 on Devane in Shallotte. Number of listings are DOWN by 155 from September.
Houses: 3263 ranging in price from $30,000 for a home on Blue Marlin on Holden Beach Main-$3,795,000 for a home on Bald Head Island. The number of listings is UP by 4 From September.
Condos: 634 ranging in price from $52,900 on Beach Drive in Carolina Shores in Calabash-$1,150,000 on Sunset Beach Island. Listings are DOWN by 4 from September..
Townhouses: 216 ranging in price from $119,900 in The Willows in Leland-$1,115,900 on Goose Neck Creek Road on Ocean Isle Beach Main. Listings are the SAME as September.
Under Contract:
Land/acreage: 19 parcels ranging in price from $6,000 in Boiling Spring Lakes-$450,000 on Bald Head Island. Contracts are the SAME as September.
Houses: 121 from $59,900 on Funston Road in Winnabow-$695,000 on Ocean Blvd. oceanfront on Holden Beach Island. Contracts are DOWN by18 from September.
Condos: 10 units ranging in asking price from $149,000 on O'Quinn on Oak Island Main-$495,000 on Ocean Isle Beach. Contracts are DOWN by 6 from August.
Townhouses: 10 units with prices ranging from $119,900 on Lincoln Circle in Leland-$350,000 on Genoes Place in Supply. Contracts are DOWN by 10 from September.
Sold:
Land: 28 parcels at sold prices from $5,000 on Rockingham Road in Boiling Spring Lakes-$522,000 in St. James. Sold properties were UP by4 from September..
Houses: 141 with sold prices ranging from $23,250 for a home on Myrtlehead Road in Big Neck-$2,100,000 for a home on Bald Head Island on the ocean. Sold properties are DOWN 15 from September.
Condos: 18 with sold prices ranging from $104,000 on Sunset Beach Main -$341,000 on Ocean Isle West on Ocean Isle Beach.. Sales are DOWN by 13 from September.
Townhomes: 9 with sold prices from $157,900 in Charleston Commons in Leland-$435.000 pn Genoes Poing Place in Supply. Sales are DOWN by 4 from September.
Remember, I can be reached at 910-233-4333 if there are any questions. Thanks for reading my work this month.
Approximate Location Boundaries: Brunswick County
Location Characteristics: Brunswick County, one of North Carolina's largest, stretches from Wilmington, NC, to the South Carolina border. Until recently, it was largely undiscovered, and much of it remains rural and undeveloped. However, like many communities in other areas of the state, it is exploding with new homes and commercial areas - in this case all along US Highway 17. Unlike the unplanned developments evolving in many areas, much of the land is being transformed into well planned communities with beautiful homes as well as convenient commercial offices and retail spaces. It is a great place to settle now with many beautiful mixed use subdivisions and golf courses all the way down to Myrtle Beach. Brunswick County communities include: Bellville, Leland, Southport, Bald Head Island, Calabash, Carolina Shores, Holden Beach, Oak Island, Ocean Isle Beach, Shallotte and Sunset Beach.
About Genie Lancaster:
Meet Genie Lancaster Your Magic Genie Experience: Genie Lancaster has been a licensed, full-time, professional REALTOR® since 1992. Genie specializes in the sales and marketing of homes and land in southeastern North Carolina from Topsail Beach to Southport. Professional Designations: Buying and selling property has become increasingly complex, and a keen understanding of real estate transactions is more important than ever. New technology, laws, and procedures and more knowledgeable and demanding clients require real estate agents to perform at a higher level of professionalism. That's why Genie has worked to attain some of the real estate industry's top professional designations. Genie is a licensed real estate broker, the highest designation for a real estate professional. She holds the nationally recognized designations of ABR (Accredited Buyer's Representative), CRS (Certified Residential Specialist), Recreation and Resort Specialist (RRS) and GRI (Graduate REALTOR Institute). She also holds the CSP (Certified Sales Professional) designation from the National Association of Home Builders. Personal Information: A Wilmington, North Carolina native, Genie relocated several times during the 20 years her husband was in the United States Air Force. She has lived in Colorado, Virginia, Alaska and Maryland near Washington DC, but was happy to return to Wilmington in 1990. Genie's two daughters, now grown, were raised in the military so she understands the issues involved with successfully relocating a family. She has a strong empathy for families on the move and uses her experience to smooth the way for them. Genie has a BS degree in Business Management from the University of Maryland at College Park. After college, she entered a career in contracts management for Hewlett-Packard. Working closely with manufacturers and salespeople, Genie learned the importance of solid contracts. That understanding translates into strong escrows for her clients today. Now the grandmother of five, Genie enjoys spending time with her family when not serving her clients. She also likes boating, reading and walks on the beach. Memberships: Genie is a member of the Wilmington Regional Association of REALTORS®, the North Carolina Association of REALTORS® and the National Association of REALTORS®. These associations uphold a strict code of ethics and ensure that their members adhere to the latest marketing techniques and legislation affecting real estate. Outside of real estate, she is a member of Beta Sigma Phi and the American Cancer Society Reach to Recovery program helping women with breast cancer. Professional Philosophy: Genie thinks of herself as "Your Magic Genie" because she enjoys turning the chore of buying or selling a home into a seemingly magic real estate transaction. "I'll do whatever it takes to make things work out for everyone involved," she smiles. Caring and honest, Genie is one of those special people who is easy to talk to and fun to be around. She is always there to assist her clients and stays in touch even after the transaction closes. With Genie, no sale is ever final, as she will work with you for as long as you need her. To sprinkle a little MAGIC over your real estate needs, call or E-mail Genie Lancaster today for the very best in outstanding real estate service.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
