\Wrightsville Beach
WRIGHTSVILLE had some significant sales, and a 45 percent increase in the number of sales to 149, closing out
the year with $127,409,839 in list and sale volume, a significant 51 percent increase. This included seven lot
sales, and two commercial sales of local businesses.
“The Wrightsville Beach real estate market was hot from the bottom to the top, meaning all segments of the
market got action,” Randall Williams of Hardee Hunt & Williams says. “We had multiple offers, and in several
cases, we had buyer clients lined up on listings that were just coming onto the market.”
Of the 147 residential and lot sales in 2017, 38 sold for more than $1 million. Nine additional sold between $905,000 and
$995,000. Seventy-eight, or 52 percent, were waterfront in the two-island town.
Bobby Brandon of Intracoastal Realty says Realtors started seeing the trend switch from sound-front properties to oceanfront in
late 2015.
“The trend increased in 2016 and 2017 with demand stronger than the supply for oceanfront, creating an upward push on prices.
Oceanfront lots went crazy last year,” Brandon says. He says it may indicate a trend away from buyers wanting a dock for a boat ver-sus
the view of the ocean.
Days on market at Wrightsville were significantly shorter. The average was 160 days, but 22 properties sold in less than two weeks
and 41 sold in less than a month. Eighty-three properties, or 69 percent, sold in six months or less, not counting the nine that show
zero days on market, indicating they sold before or just at the time they were listed by Realtors.
94
WBM february 2018
Aerial of Wrightsville’s
wide beach strand,
north of Crystal Pier.
2017 WRIGHTSVILLE BEACH BUILDING PERMITS
Permit ID Parcel ID Date Filed Project Description Project Cost
9327 207 Water St 1/18/2017 New Single Family Residence $450,000
9337 17 Myrtle Court 1/19/2017 New Single Family Residence $750,000
9338 826 Schloss St 1/19/2017 New Single Family Residence $570,000
9374 524 South Lumina Ave 2/15/2017 New Single Family Residence $1,000,000
9450 826 South Lumina Ave 4/13/2017 New Single Family Residence $650,000
BLDR-71-2017 114 Parmele Blvd 6/26/2017 New Single Family Residence $995,000
BLDR-99-2017 7 East Greensboro St 8/3/2017 New Duplex $700,000
BLDR-100-2017 9 East Greensboro St 8/3/2017 New Duplex $697,660
BLDR-140-2017 100 Water St 9/22/2017 New Single Family Residence $600,000
BLDR-219-2017 405 North Lumina Ave 12/11/2017 New Single Family Residence $500,000
Provided by Danielle Villegas, Town of Wrightsville Beach Planning Department
PHOTO COURTESY WILL PAGE PHOTOGRAPHY