12-YEAR STATISTICS WRIGHTSVILLE BEACH
Information from Wilmington Association of Realtors-MLS
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
160
161
173
181
84
99
64
69
58
89
129
TOTAL UNITS SOLD
93
60
WBM february 2013
$534,597
$496,061
$548,158
$781,305
$1,070,091
$1,353,290
$1,258,315
$1,147,834
$1,311,480
$1,159,303
$807,940
$925,012
AVERAGE LIST PRICE
Harbor Island residential sales being waterfront on the sound,
four with boat docks, and three additional were sound view. Just
four had no views.
Of Wrightsville’s 34 single-family home sales, just eight had
no view; the remainders were divided between ocean and sound.
Six were waterfront/oceanfront. Eleven homes were waterfront/
soundfront with boat slip or dock, plus three others had ocean
views and two additional had sound views. Four had both ocean
and sound views, and one of these had a boat dock.
Additionally, 25 sales were duplex units not in a planned
unit community. Of these, just four had no water view at all.
Four were oceanfront. Seven were ocean view, three sound view.
Three additional had both ocean and sound views. Three were
waterfront/soundfront with boat dockage. Selling for $1,158,000
without a boat slip or dock was a waterfront duplex, 8A Marina
Street, which was the top single duplex unit sale with 3,550 sf of
soundfront living overlooking the activity of Wrightsville Marina
and the ICWW just south of the drawbridge.
Condos or townhouses in a planned community accounted for
48 sales, and of these 98 percent had views of the water, includ-ing
rental units (two were Waterway Lodge units located west of
the drawbridge but still in the town’s corporate limit).
Of these 48 condo or townhouse sales, 22 were oceanfront.
Three were ocean view, three were sound view, and three addi-tional
were both ocean and sound view. Four were waterfront on
the sound. Four additional were waterfront on the sound with a
boat dock or boat slip. One was waterfront with no dock, while
another had no water view but did have boat dockage. See chart
on page 62 for more details.
Also counted in the overall sold totals was one boat slip,
located at 130 Short Street B-2, which sold for $39,000. Four
lots were sold ranging from $340,000 at 304 North Channel
Drive to $850,000 for one of two additional lots sold at 115
South Channel Drive. No. 27 West Greensboro sold to a buyer
who purchased the site at $327,000 on May 4 to tear down the
home and build on the lot.
There were three oceanfront fractional vacation ownership
sales handled by Realtors; two 1/10 ownership (Sea Oats and
Shearwater Street) and one 1/25 ownership at Duneridge Resort
which sold for $187,000.
There were four Wrightsville sales in the $900,000 to a mil-lion
dollar price range, all waterfront on Lumina Avenue; three
on North Lumina, and the fourth on South Lumina. Six homes
were in the $800,000-$900,000 bracket, and a whopping 17
sold in the $700,000-$800,000 price range.
Thirteen properties sold in the $600,000-$700,000 range
including former Mayor Steve Whalen’s home at 100 Coral
Drive, which sold for $627,000 on October 25. Another 13 sold
in the half a million dollar to $600,000 range and 19 sold in the
$400,000 range including five of the eight total sales on East and
West Greensboro streets. Fourteen sales were in the $200,000-
$300,000 price bracket.
The entry-level price point for single-family homes in the
two-island community was $375,000. Located biking distance to
Wrightsville Beach School, 106 Live Oak Drive, offering 1,050
sf of home sold on November 14.
The entry-level price point located on Wrightsville Beach was
23 West Greensboro Street, which at $187 per sf, sold at the
lowest price per square foot in single-family homes for the year.
It sold at $410,000 on April 27.