My News
May 2015 Market Insights
Whether you plan to buy, sell, or simply own a home in the coastal Brunswick area, it's important to stay up to date on the real estate climate. Data can often be cumbersome, which is why I have put together a quarterly series of "Market Insights."
The most prominent finding to date in 2015 is a large increase in Southport's total market value. The trend is calculating to end 2015 with an overall 26%* increase when compared to the full 12 months of data in 2014. The purchase price of the highest home sold to date in this market is $1,218,000 as compared to $660,000 in 2014.
| Caswell Beach Total Market Volume | |
|---|---|
| 2015 YTD | $1,858,000 |
| Caswell Beach 2015 Sold Pricing YTD | |
|---|---|
| Median | $270,000 |
| Lowest | $205,000 |
| Highest | $538,000 |
| Bald Head Island Total Market Volume | |
|---|---|
| 2015 YTD | $13,865,500 |
| Bald Head Island 2015 Sold Pricing YTD | |
|---|---|
| Median | $545,000 |
| Lowest | $270,000 |
| Highest | $2,300,000 |
| Southport Total Market Volume | |
|---|---|
| 2015 YTD | $24,626,860 |
| Southport 2015 Sold Pricing YTD | |
|---|---|
| Median | $202,500 |
| Lowest | $35,000 |
| Highest | $1,218,000 |
| Oak Island Total Market Volume | |
|---|---|
| 2015 YTD | $37,544,415 |
| Oak Island 2015 Sold Pricing YTD | |
|---|---|
| Median | $209,000 |
| Lowest | $57,000 |
| Highest | $889,000 |
Please feel free to reach out to me if you would like to discuss any of the findings above in detail. Contact Details.
* Total market value data was arrived at by dividing the total market revenue to date by the number of days in 2015 from January to May 15, 2015.
