Wrightsville Beach’s north end looking South toward Duneridge condominiums. They had even pointed out this house as an example of some-thing they would be interested in.” The 2012 top sale in the county was the four-bedroom, six-bath oceanfront home at 204 Beach Road South, which sold for $3.2 million. “Figure Eight Island should never sell at a discount to Wrightsville Beach or Topsail, which it has for the last couple of years. I feel strongly that those days are almost over,” Buzzy Northern says. “2013 was a good market for Figure Eight,” Jim Hardee says. “I think there were double the number of houses over $2 million that sold in 2013 over 2012. We definitely saw an increase in the high-end market in 2013. Of course, Figure Eight has a high percentage of those properties. I think that was pretty indicative across the county; there was more interest in the million and up type price range than the previous years.” Waterfront, water view and pier/dockage continue to be a draw. It is not surprising that each of these top 12 sales was waterfront. Jessica Edwards, Coldwell Banker Sea Coast Broker, is ranked No. 11 in the county, with 54 sales, and a combined list and sold volume of $20.3 million for New Hanover County. “When you look at the market overall, the most attractive things that are going to sell faster and sell above other things are going to be the ones with water features just because we have such great water features, whether it is Intracoastal Waterway, or marsh, or ocean, REGIONAL COMPARISON NEW HANOVER COUNTY WRIGHTSVILLE BEACH LANDFALL YEAR 2011 2012 2013 2011 2012 2013 2011 2012 2013 SOLD VOLUME $693,476,787 $904,565,088 $1,036,876,578 $64,606,676 $95,123,947 $79,914,850 $45,178,090 $64,637,818 $93,895,595 # UNITS SOLD 2,927 3,928 4,141 89 129 111 87 161 177 TOP SOLD $2,895,000 $3,200,000 $4,375,000 $2,895,000 $3,150,000 $2,125,000 $2,500,000 $2,500,000 $2,585,000 AVG DOM SOLD 174 179 153 267 328 275 265 376 290 AVG SALE PRICE $236,924 $246,148 $250,393 $725,917 $827,056 $719,954 $519,288 $401,477 $530,484 MEDIAN SALE PRICE $174,900 $179,900 $185,000 $600,000 $644,950 $650,000 $450,000 $455,472 $455,000 TOP ACTIVE PRICE $6,000,000 $4,950,000 $6,500,000 $4,700,000 $4,499,000 $3,295,000 $3,495,000 $3,499,000 $3,499,000 # ACTIVE LISTINGS 3,032 2,470 1,884 152 121 79 222 166 115 PENDING UNITS 452 645 583 17 11 6 6 17 22 SHORT SALES UNITS 900 288 199 19 10 2 24 5 2 60 WBM february 2014
2014-2
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