2009 Market Update (Single Family Residential) Oct-09 Area
Price
$100-249k Central Wilmington $250-399k (28401, 28403, 28405) $400-549k $550-749k $750-1M
Total Average
South Wilmington (28412, 28409)
$100-249k $250-399k $400-549k $550-749k $750-1M
Total Average
North Wilmington Ogden (28411)
Hampstead (28443)
Leland/Navassa (28451, 28479)
Castle Hayne Burgaw Rocky Point (28429, 28457, 28425)
Carolina Beach (28428, 28449)
Wrightsville Beach (28480)
Oct-09
Oct-09
Oct-09
Active
Sold
601 272 111 107 64
Under Contracts 35 7 1 2 2
CDOM of Solds 146 191 264 372 149
1155
47
60 7 7 4 1
592 294 97 45 41
42 11 4 0 0
57 17 2 3 1
1069
19
80
275 180 85 42 27
30 8 3 3 1
41 15 1 4 0
Total Average
609
45
16
$100-249k $250-399k $400-549k $550-749k $750-1M
242 96 45 33 32
11 6 3 1 1
6 6 3 1 1
Total Average
448
22
17
$100-249k $250-399k $400-549k $550-749k $750-1M
504 137 57 12 2
39 9 3 0 0
46 13 3 0 0
Total Average
712
17
20
$100-249k $250-399k $400-549k $550-749k $750-1M
211 53 8 8 14
16 1 0 0 1
14 1 1 2 0
Total Average
294
18
18
$100-249k $250-399k $400-549k $550-749k $750-1M
206 200 79 66 53
6 6 3 0 0
16 11 3 0 0
Total Average
604
15
30
$250-549k $550-999k $1MM-1.49MM $1.5MM+
24 56 36 61
0 0 0 2
2 2 0 1
177
2
5
$100-249k $250-399k $400-549k $550-1.49M $1.5MM+
122 77 37 48 3
10 1 1 0 0
12 4 1 4 0
Total Average
287
12
21
All Total All Average
5355
269
Absorption Rate (Months) 10.02 months 38.86 months 15.86 months 26.75 months 64.00 months
79
$100-249k $250-399k $400-549k $550-749k $750-1M
Total Average
Topsail Island (28445, 28460)
Oct-09
224
31.10 months
157 260 208 147 385
Absorption Rate (Months) 10.39 months 17.29 months 48.50 months 15.00 months 41.00 months
231
26.44 months
118 107 195 373 0
Absorption Rate (Months) 6.71 months 12.00 months 85.00 months 10.50 months 0.00 months
198
28.55 months
67 201 147 604 289
Absorption Rate (Months) 40.33 months 16.00 months 15.00 months 33.00 months 32.00 months
262
27.27 months
156 129 411 0 0
Absorption Rate (Months) 10.96 months 10.54 months 19.00 months 0.00 months 0.00 months
232
13.50 months
135 880 37 0 0
Absorption Rate (Months) 15.07 months 53.00 months 8.00 months 4.00 months 0.00 months
351
20.02 months
250 169 133 0 0
Absorption Rate (Months) 12.88 months 18.18 months 26.33 months 0.00 months 0.00 months
184
19.13 months
456 150 0 543
Absorption Rate (Months) 12.00 months 28.00 months 0.00 months 61.00 months
287
33.66 months
111 215 25 186 0
Absorption Rate (Months) 10.17 months 19.25 months 37.00 months 12.00 months 0.00 months
134
19.60 months
202
24.36 months
373