Southeastern Nc Market Update August 2009
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www.Century21Sweyer.com 2009 Market Update (Single Family Residential) Aug-09 Area
Price
$100-249k Central Wilmington $250-399k (28401, 28403, 28405) $400-549k $550-749k $750-1M
Total Average
South Wilmington (28412, 28409)
North Wilmington Ogden (28411)
Hampstead (28443)
Leland/Navassa (28451, 28479)
Aug-09
Aug-09
Active
Sold
600 214 96 104 73
Under Contracts 47 7 4 1 2
45 12 3 1 1
CDOM of Solds 135 139 278 183 26
1087
61
62
152
496 10 8 5 0
52 13 1 2 1
166 329 157 325 445
Total Average
885
519
69
284
179 145 75 41 19
23 7 2 2 1
31 11 1 1 1
150 284 309 1043 178
Total Average
459
35
45
393
113 88 33 21 17
14 3 1 1 0
9 14 1 1 0
85 152 109 391 0
Total Average
272
19
25
184
$100-249k $250-399k $400-549k $550-749k $750-1M
350 134 52 10 3
35 9 5 0 0
37 11 3 0 0
161 40 121 0 0
Total Average
549
49
51
107
Absorption Rate (Months) 12.56 months 6.29 months 33.00 months 21.00 months 0.00 months
18.21 months Absorption Rate (Months) 9.46 months 12.18 months 17.33 months 0.00 months 0.00 months
12.99 months
139 48 7 4 4
5 1 0 0 0
13 3 0 0 0
162 219 0 0 0
202
6
16
191
Absorption Rate (Months) 10.69 months 16.00 months 0.00 months 0.00 months 0.00 months
13.35 months
$100-249k $250-399k $400-549k $550-749k $750-1M
104 187 96 58 41
11 10 3 0 1
11 4 0 4 0
237 553 0 574 0
Total Average
486
25
19
455
All Total All Average
Absorption Rate (Months) 5.77 months 13.18 months 75.00 months 41.00 months 19.00 months
30.79 months
$100-249k $250-399k $400-549k $550-749k $750-1M
Total Average
Absorption Rate (Months) 8.87 months 19.69 months 89.00 months 24.00 months 31.00 months
34.51 months
$100-249k $250-399k $400-549k $550-749k $750-1M
$250-549k $550-999k $1MM-1.49MM $1.5MM+
Absorption Rate (Months) 13.33 months 17.83 months 32.00 months 104.00 months 73.00 months
48.03 months
461 256 89 48 31
Total Average
Wrightsville Beach (28480)
Aug-09
$100-249k $250-399k $400-549k $550-749k $750-1M
$100-249k Castle Hayne $250-399k Burgaw $400-549k Rocky Point (28429, 28457, 28425) $550-749k $750-1M
Carolina Beach (28428, 28449)
Aug-09
Absorption Rate (Months) 9.45 months 46.75 months 0.00 months 14.50 months 0.00 months
23.57 months
22 60 31 53
2 3 0 1
0 2 0 0
0 122 0 0
166
6
2
122
Absorption Rate (Months) 0.00 months 30.00 months 0.00 months 0.00 months
30.00 months
4272
726
291 236
26.43 months
Price
$100-249k Central Wilmington $250-399k (28401, 28403, 28405) $400-549k $550-749k $750-1M
Total Average
South Wilmington (28412, 28409)
North Wilmington Ogden (28411)
Hampstead (28443)
Leland/Navassa (28451, 28479)
Aug-09
Aug-09
Active
Sold
600 214 96 104 73
Under Contracts 47 7 4 1 2
45 12 3 1 1
CDOM of Solds 135 139 278 183 26
1087
61
62
152
496 10 8 5 0
52 13 1 2 1
166 329 157 325 445
Total Average
885
519
69
284
179 145 75 41 19
23 7 2 2 1
31 11 1 1 1
150 284 309 1043 178
Total Average
459
35
45
393
113 88 33 21 17
14 3 1 1 0
9 14 1 1 0
85 152 109 391 0
Total Average
272
19
25
184
$100-249k $250-399k $400-549k $550-749k $750-1M
350 134 52 10 3
35 9 5 0 0
37 11 3 0 0
161 40 121 0 0
Total Average
549
49
51
107
Absorption Rate (Months) 12.56 months 6.29 months 33.00 months 21.00 months 0.00 months
18.21 months Absorption Rate (Months) 9.46 months 12.18 months 17.33 months 0.00 months 0.00 months
12.99 months
139 48 7 4 4
5 1 0 0 0
13 3 0 0 0
162 219 0 0 0
202
6
16
191
Absorption Rate (Months) 10.69 months 16.00 months 0.00 months 0.00 months 0.00 months
13.35 months
$100-249k $250-399k $400-549k $550-749k $750-1M
104 187 96 58 41
11 10 3 0 1
11 4 0 4 0
237 553 0 574 0
Total Average
486
25
19
455
All Total All Average
Absorption Rate (Months) 5.77 months 13.18 months 75.00 months 41.00 months 19.00 months
30.79 months
$100-249k $250-399k $400-549k $550-749k $750-1M
Total Average
Absorption Rate (Months) 8.87 months 19.69 months 89.00 months 24.00 months 31.00 months
34.51 months
$100-249k $250-399k $400-549k $550-749k $750-1M
$250-549k $550-999k $1MM-1.49MM $1.5MM+
Absorption Rate (Months) 13.33 months 17.83 months 32.00 months 104.00 months 73.00 months
48.03 months
461 256 89 48 31
Total Average
Wrightsville Beach (28480)
Aug-09
$100-249k $250-399k $400-549k $550-749k $750-1M
$100-249k Castle Hayne $250-399k Burgaw $400-549k Rocky Point (28429, 28457, 28425) $550-749k $750-1M
Carolina Beach (28428, 28449)
Aug-09
Absorption Rate (Months) 9.45 months 46.75 months 0.00 months 14.50 months 0.00 months
23.57 months
22 60 31 53
2 3 0 1
0 2 0 0
0 122 0 0
166
6
2
122
Absorption Rate (Months) 0.00 months 30.00 months 0.00 months 0.00 months
30.00 months
4272
726
291 236
26.43 months
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