68 WBM february 2014 LOT SALES There were six lot sales at Wrightsville Beach, including the sale of No. 5 Auditorium Circle, which sold for $795,400, one of three lot sales in this three-lot waterfront Banks Channel subdivi-sion. All three bulk-headed lots are Banks Channel waterfront with deep-water dockage on land once occupied by the LaQue Center. These bank-owned lots sold post foreclosure. Three other lots sold ranging in price from $340,000 to $575,000. LANDFALL There are 1,650 completed homes in Landfall. Alison Bernhart, Broker at Landfall Realty, says of the market there, “It is good news, it is really good news.” Alison Bernhart is ranked No. 15 in New Hanover County with 29 sales for a combined sales volume of $17.7 million. “The real news is in the houses sold. Last year we sold 126 houses, the year before we sold only 86. In the over $1 million category, there were 15 sold. It is just a phenom-enal recovery,” she says. The average sales price was $665,000. Price range, low to high, was $300,000 to $2.585 million. “Another thing that happened in Landfall, the inventory is very, very low,” Alison Bernhart says. “The number of lots on the market is 46; there have been as many as 100, years ago. Homes on the market right now are 103, and we have been as high as 160.” PORTERS NECK Bruce R. Koch, Broker with Porters Neck Co., is credited with 40 sales, with a volume of $14.8 million. He says, “It was a little better than the year before, we didn’t have the same extreme dip in years before as
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