R E A L E S T A T E R O U N D U P 2 0 1 9
Everywhere there was good news.
“We finally saw the complete recovery in the upper end that just took forever to come
back from the brutal recession of 2008-2011,” Intracoastal Realty’s Vance Young says.
“The luxury market had its first real recovery year in the $1 million and above properties.
That whole market was much, much healthier. … We just had tremendous volume from
across the board.”
The number one residential sale in the tri-counties was a Wrightsville Beach oceanfront,
year-round home, which sold in less than 5 months. The three-story, extreme South End
home at 915 S. Lumina Avenue closed for $5 million on July 31.
The sale did not best that of the previous year, but Realtors closed out the year with four
additional New Hanover County sales over $4 million, topping the previous year by two.
The number one sale in the
tri-counties was 915 S. Lumina
Avenue, Wrightsville Beach, which
sold for $5 million. Besides one-
of-a-kind views, home details
include walnut trim and Italian
marble floors, a cutting-edge
home control system, six-car
garage, outdoor kitchen, fire pits,
hot tub, and putting green.