Corporate Office (910) 256-2021 (800) 848-0021
[email protected] 2009 Market Update (Single Family Residential) Jun-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)
Jun-09
Active
Sold
583 218 94 107 69
Under Contracts 54 7 4 0 1
1071
66
48 15 2 2 1
57 15 2 1 1
48 9 8 1 1
Total Average
897
76
67
$100-249k $250-399k $400-549k $550-749k $750-1M
153 163 85 50 21
41 8 3 3 1
16 12 9 3 1
Total Average
472
56
41
$100-249k $250-399k $400-549k $550-749k $750-1M
116 104 36 25 17
10 13 1 0 0
9 7 1 0 1
Total Average
298
24
18
$100-249k $250-399k $400-549k $550-749k $750-1M
328 142 50 14 3
46 16 4 0 0
43 14 8 1 0
Total Average
537
66
66
141 48 9 6 5
15 0 0 0 0
12 0 0 0 0
209
15
12
$100-249k $250-399k $400-549k $550-749k $750-1M
110 198 91 60 40
11 10 0 1 4
13 8 5 1 0
Total Average
499
26
27
$250-549k $550-999k $1MM-1.49MM $1.5MM+
Total Average
All Total All Average
23 58 33 61
0 2 0 1
1 3 1 0
175
3
5
4333
335
Jun-09 Current Avg Days on Market for Solds 166 271 687 554 93
Absorption Rate (Months) 12.15 months 14.53 months 47.00 months 53.50 months 69.00 months
354
39.24 months
144 298 290 104 131
Absorption Rate (Months) 9.69 months 27.11 months 12.88 months 60.00 months 25.00 months
193
26.94 months
154 221 228 143 529
Absorption Rate (Months) 9.56 months 13.58 months 9.44 months 16.67 months 21.00 months
255
14.05 months
245 248 227 0 112
Absorption Rate (Months) 12.89 months 14.86 months 36.00 months 0.00 months 17.00 months
208
20.19 months
154 107 118 829 0
Absorption Rate (Months) 7.63 months 10.14 months 6.25 months 14.00 months 0.00 months
302
9.51 months
148 0 0 0 0
Absorption Rate (Months) 11.75 months 0.00 months 0.00 months 0.00 months 0.00 months
148
11.75 months
135 148 431 57 0
Absorption Rate (Months) 8.46 months 24.75 months 18.20 months 60.00 months 0.00 months
193
27.85 months
11 165 366 0
Absorption Rate (Months) 23.00 months 19.33 months 33.00 months 0.00 months
181
25.11 months
187
21.83 months
68
465 244 103 60 25
Total Average
Wrightsville Beach (28480)
Jun-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)
Jun-09
309