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 Market Update 
Friday, 17 February 2012
Market update Jan 2012
January 2012 Market Update (Single Family Residential) Bitmap
Area Price   Jan-12 S Jan-12 S Jan-12   Jan-12  
Central Wilmington
(28401, 28403, 28405)		     Active    Under Contracts   Sold   CDOM of Solds Absorption Rate
(Months)
$100-249k   360   8   24   190 15.00 months
$250-399k   125   3   3   217 41.67 months
$400-549k   82   2   2   167 41.00 months
$550-749k   48   1   1   52 48.00 months
$750-1M   40   0   0   0 0.00 months
Total   655   14   30        
Average               157 21.83 months
South Wilmington
(28412, 28409)		                   Absorption Rate
(Months)
$100-249k   336   22   27   221 12.44 months
$250-399k   166   8   11   197 15.09 months
$400-549k   61   1   1   42 61.00 months
$550-749k   27   0   2   356 13.50 months
$750-1M   16   0   0   0 0.00 months
Total   606   31   41        
Average               204 14.78 months
North Wilmington
Ogden
(28411)		                   Absorption Rate
(Months)
$100-249k   156   17   19   209 8.21 months
$250-399k   104   6   7   221 14.86 months
$400-549k   46   1   0   0 0.00 months
$550-749k   18   0   3   342 6.00 months
$750-1M   10   1   0   0 0.00 months
Total   334   25   29        
Average               257 11.52 months
Hampstead
(28443)		                   Absorption Rate
(Months)
$100-249k   130   2   5   217 26.00 months
$250-399k   81   5   3   75 27.00 months
$400-549k   23   1   1   262 23.00 months
$550-749k   14   1   0   0 0.00 months
$750-1M   9   0   0   0 0.00 months
Total   257   9   9        
Average               185 28.56 months
Leland/Navassa
(28451, 28479)		                   Absorption Rate
(Months)
$100-249k   285   20   17   183 16.76 months
$250-399k   118   6   6   40 19.67 months
$400-549k   35   1   1   1151 35.00 months
$550-749k   3   0   0   0 0.00 months
$750-1M   0   0   0   0 0.00 months
Total   441   27   24        
Average               687 18.38 months
Castle Hayne
Burgaw
Rocky Point
(28429, 28457, 28425)		                   Absorption Rate
(Months)
$100-249k   104   6   7   231 14.86 months
$250-399k   28   1   0   0 0.00 months
$400-549k   7   0   0   0 0.00 months
$550-749k   2   0   0   0 0.00 months
$750-1M   0   0   0   0 0.00 months
Total   141   7   7        
Average               116 20.14 months
Carolina Beach
(28428, 28449)		                   Absorption Rate
(Months)
$100-249k   145   4   5   109 29.00 months
$250-399k   146   5   9   193 16.22 months
$400-549k   33   0   3   334 11.00 months
$550-749k   32   1   1   82 32.00 months
$750-1M   9   0   0   0 0.00 months
Total   365   10   18        
Average               180 20.28 months
Wrightsville Beach
(28480)		                   Absorption Rate
(Months)
$100--249k   18   0   0   0 0.00 months
$250-549k   21   0   0   0 0.00 months
$550-999k   61   2   2   193 30.50 months
$1MM-1.49MM   14   2   1   314 14.00 months
$1.5MM+   33   2   0   0 0.00 months
Total   147   6   3        
Average               169 49.00 months
Topsail Island
(28445, 28460)		                   Absorption Rate
(Months)
$100-249k   77   10   7   242 11.00 months
$250-399k   158   4   3   520 52.67 months
$400-549k   70   4   3   197 23.33 months
$550-1.49M   56   1   3   138 18.67 months
$1.5MM+   4   0   0   0 0.00 months
Total   365   19   16        
Average               274 22.81 months
Jacksonville                                Absorption Rate
(Months)
$100-149k   660   43   46   121 14.35 months
$150-199k   762   81   64   147 11.91 months
$200-249k   305   35   31   122 9.84 months
$250-299k   125   10   6   64 20.83 months
$300-349k   32   1   2   238 16.00 months
Total   1884   170   149        
Average               173 12.64 months
   
All Total   5195   318   326        
All Average                 16 months
POSTED BY: Steve Thornton AT 12:18 pm   |  Permalink   |  E-mail this


Sandy & Steve Thornton
Century 21 Sweyer & Associates
16406 Highway 17 N Ste 5
Hampstead, NC 28443
Cell: 910-352-3526
Cell: 910-554-2441
Fax: 910-239-1580
Email: unrealestate1@aol.com

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