Southeastern Nc Market Update September 2009
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www.Century21Sweyer.com 2009 Market Update (Single Family Residential) Sep-09 Area
Price
Sep-09
Active
Sep-09
Sep-09
Sold
$100-249k Central Wilmington $250-399k (28401, 28403, 28405) $400-549k $550-749k $750-1M
584 204 96 100 71
Under Contracts 57 12 6 4 1
Total Average
1055
80
South Wilmington (28412, 28409)
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)
Topsail Island (28445, 28460)
Sep-09
41 7 7 2 1
462 248 88 45 26
53 14 1 1 1
50 19 8 4 1
Total Average
869
70
82
$100-249k $250-399k $400-549k $550-749k $750-1M
171 131 77 36 20
33 16 1 4 0
24 15 6 1 0
Total Average
435
54
46
$100-249k $250-399k $400-549k $550-749k $750-1M
115 90 30 24 15
8 3 0 0 0
18 3 3 0 0
Total Average
274
11
24
$100-249k $250-399k $400-549k $550-749k $750-1M
327 129 53 12 2
51 19 1 0 0
54 17 3 0 0
Total Average
523
71
74
$100-249k $250-399k $400-549k $550-749k $750-1M
148 42 8 7 4
13 1 0 0 0
8 1 0 0 0
Total Average
209
14
9
$100-249k $250-399k $400-549k $550-749k $750-1M
100 171 82 55 41
9 6 4 0 0
13 8 4 0 2
Total Average
449
19
27
22 61 33 55
0 1 0 1
1 5 2 5
Total Average
171
2
13
$100-249k $250-399k $400-549k $550-1.49M $1.5MM+
14 80 73 161 8
0 10 3 9 0
2 6 2 4 0
Total Average
336
22
14
4321
343
347
All Total All Average
Absorption Rate (Months) 14.24 months 29.14 months 13.71 months 50.00 months 71.00 months
58
$100-249k $250-399k $400-549k $550-749k $750-1M
$250-549k $550-999k $1MM-1.49MM $1.5MM+
CDOM of Solds 182 293 296 207 264
248
35.62 months
203 220 107 117 101
Absorption Rate (Months) 9.24 months 13.05 months 11.00 months 11.25 months 26.00 months
150
14.11 months
110 144 141 0 0
Absorption Rate (Months) 7.13 months 8.73 months 12.83 months 36.00 months 0.00 months
132
16.17 months
144 311 147 0 0
Absorption Rate (Months) 6.39 months 30.00 months 10.00 months 0.00 months 0.00 months
201
15.46 months
173 155 141 0 0
Absorption Rate (Months) 6.06 months 7.59 months 17.67 months 0.00 months 0.00 months
156
10.44 months
166 173 0 0 0
Absorption Rate (Months) 18.50 months 42.00 months 0.00 months 0.00 months 0.00 months
170
30.25 months
168 395 360 0 32
Absorption Rate (Months) 7.69 months 21.38 months 20.50 months 0.00 months 20.50 months
239
17.52 months
611 682 42 301
Absorption Rate (Months) 22.00 months 12.20 months 16.50 months 11.00 months
409
15.42 months
145 129 139 49 0
Absorption Rate (Months) 7.00 months 13.33 months 36.50 months 40.25 months 0.00 months
116
24.27 months
202
19.92 months
Price
Sep-09
Active
Sep-09
Sep-09
Sold
$100-249k Central Wilmington $250-399k (28401, 28403, 28405) $400-549k $550-749k $750-1M
584 204 96 100 71
Under Contracts 57 12 6 4 1
Total Average
1055
80
South Wilmington (28412, 28409)
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)
Topsail Island (28445, 28460)
Sep-09
41 7 7 2 1
462 248 88 45 26
53 14 1 1 1
50 19 8 4 1
Total Average
869
70
82
$100-249k $250-399k $400-549k $550-749k $750-1M
171 131 77 36 20
33 16 1 4 0
24 15 6 1 0
Total Average
435
54
46
$100-249k $250-399k $400-549k $550-749k $750-1M
115 90 30 24 15
8 3 0 0 0
18 3 3 0 0
Total Average
274
11
24
$100-249k $250-399k $400-549k $550-749k $750-1M
327 129 53 12 2
51 19 1 0 0
54 17 3 0 0
Total Average
523
71
74
$100-249k $250-399k $400-549k $550-749k $750-1M
148 42 8 7 4
13 1 0 0 0
8 1 0 0 0
Total Average
209
14
9
$100-249k $250-399k $400-549k $550-749k $750-1M
100 171 82 55 41
9 6 4 0 0
13 8 4 0 2
Total Average
449
19
27
22 61 33 55
0 1 0 1
1 5 2 5
Total Average
171
2
13
$100-249k $250-399k $400-549k $550-1.49M $1.5MM+
14 80 73 161 8
0 10 3 9 0
2 6 2 4 0
Total Average
336
22
14
4321
343
347
All Total All Average
Absorption Rate (Months) 14.24 months 29.14 months 13.71 months 50.00 months 71.00 months
58
$100-249k $250-399k $400-549k $550-749k $750-1M
$250-549k $550-999k $1MM-1.49MM $1.5MM+
CDOM of Solds 182 293 296 207 264
248
35.62 months
203 220 107 117 101
Absorption Rate (Months) 9.24 months 13.05 months 11.00 months 11.25 months 26.00 months
150
14.11 months
110 144 141 0 0
Absorption Rate (Months) 7.13 months 8.73 months 12.83 months 36.00 months 0.00 months
132
16.17 months
144 311 147 0 0
Absorption Rate (Months) 6.39 months 30.00 months 10.00 months 0.00 months 0.00 months
201
15.46 months
173 155 141 0 0
Absorption Rate (Months) 6.06 months 7.59 months 17.67 months 0.00 months 0.00 months
156
10.44 months
166 173 0 0 0
Absorption Rate (Months) 18.50 months 42.00 months 0.00 months 0.00 months 0.00 months
170
30.25 months
168 395 360 0 32
Absorption Rate (Months) 7.69 months 21.38 months 20.50 months 0.00 months 20.50 months
239
17.52 months
611 682 42 301
Absorption Rate (Months) 22.00 months 12.20 months 16.50 months 11.00 months
409
15.42 months
145 129 139 49 0
Absorption Rate (Months) 7.00 months 13.33 months 36.50 months 40.25 months 0.00 months
116
24.27 months
202
19.92 months
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