My News

May 2015 Market Insights

Posted: 05.18.2015 | Categories: Real Estate

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.