Diane's Wilmington NC Real Estate Thoughts: October 2008

Diane Parker is a REALTOR with Coldwell Banker Sea Coast Realty. This blog helps educate clients on the Wilmington NC market area, offers information on area events, advice on real estate decisions, and general real estate tips.

Vineyard Plantation - Wilmington NC Market Update

Hello Friends,

Below is a market update for the Vineyard Plantation community in the northern part of New Hanover County.  This neighborhood is located in the Porters Neck area off of Futch Creek Road, just minutes from the I-140 corridor and is a popular spot for those relocating to Wilmington, particularly those with GE. 

Lots range from approximatlely .33 to .50 acre.  The neighborhood features pool and clubhouse. If I can provide more information on this or other Wilmington neighborhoods, please let me know.

Cordially,

Diane

Diane Parker, Broker/Realtor/e-PRO

Coldwell Banker Sea Coast Realty

910-617-5244 or 910-202-3767

dianeparker@seacoastrealty.com

www.TheKeytoWilmington.com

www.DianeSParker.com

  

Area Market Survey
Listings as of 10/25/08 at 2:31pm
Property Type  Single Family    Property Subtype  Stick Built    Community  Vineyard Plantation Statuses  Active, Active Cont Sale Add, Active Alternative 2, Active Temp Off Mkt, Pending (9/1/2008 or after) , Sold (9/25/2008 or after)  

Active
Listing Price Range  Quantity      Average DOM  
$350,000 thru $399,999 3 63  
$400,000 thru $449,999 2 131  
$450,000 thru $499,999 1 150  
$500,000 thru $549,999 3 93  
  9 98  
 
Summary Price Information
Minimum  $379,500 Maximum  $545,500
Average  $448,322 Median  $419,900

Sold
Selling Price Range  Quantity      Average DOM  
$350,000 thru $399,999 1 34  
$400,000 thru $449,999 1 83  
$450,000 thru $499,999 1 53  
  3 57  
 
Summary Price Information
Minimum  $358,750 Maximum  $470,000
Average  $414,583 Median  $415,000

 
All information herein has not been verified and is not guaranteed. ©2008 Multiple Listing Service of the Wilmington Regional Association of REALTORS, Inc

0 comments • Diane Parker • October 25 2008 01:33PM

Wilmington North Carolina - Bayshore Estates (28411) Market Update

Hello Friends,

Here's an update of current listings and homes sold in the past 90 days in the Bayshore community.  For more information on Wilmington, NC real estate visit www.thekeytowilmington.com

 Let me know if I can provide more information on this or other Wilmington NC neighborhoods.

Area Market Survey
Listings as of 10/24/08 at 7:26pm
Property Type  Single Family    Property Subtype  Stick Built    Community  Bayshore Estates Statuses  Active, Active Cont Sale Add, Active Alternative 2, Active Temp Off Mkt, Pending (9/24/2008 or after) , Sold (7/24/2008 or after) , Expired (9/24/2008 or after)  

  Bayshore Estates
Active
Listing Price Range  Quantity      Average DOM  
$200,000 thru $249,999 3 72  
$250,000 thru $299,999 3 72  
$300,000 thru $349,999 2 36  
$450,000 thru $499,999 2 251  
$550,000 thru $599,999 1 277  
$900,000 thru $949,999 1 114  
  12 116  
 
Summary Price Information
Minimum  $209,500 Maximum  $949,900
Average  $395,675 Median  $302,450

Sold
Selling Price Range  Quantity      Average DOM  
$200,000 thru $249,999 1 76  
$300,000 thru $349,999 2 83  
  3 81  
 
Summary Price Information
Minimum  $232,000 Maximum  $334,000
Average  $291,000 Median  $307,000

 
All information herein has not been verified and is not guaranteed. ©2008 Multiple Listing Service of the Wilmington Regional Association of REALTORS, Inc

Area Market Survey

0 comments • Diane Parker • October 24 2008 06:31PM

Now is the Time to Invest in Real Estate

 

Real Estate has always been know as a solid long-term investment.  Below are some of the reasons, investors are putting their money in real estate.

  • Rent covers principal, interest, taxes, insurance, and maintenance
  • Income Produces positive cash flow
  • Tax Benefits

Although real estate markets are cyclical, the volatility is typically less than the stock market.  Those who find properties that fit their criteria are usually not directly affected by the ups and downs of the market.

To search the Wilmington MLS, click here

 

0 comments • Diane Parker • October 24 2008 05:24PM

Wilmington North Carolina - Plantation Landing Market Update

Hello Friends,

Below is a market update for the community of Plantation Landing.  Plantation Landing is located in the northern edge of New Hanover County with easy access to I-140, with an easy commute to GE.  Those relocating to the area with GE seem to appreciate its convenient commute and convenience to all that Wilmington has to offer.  Community amenities include two pools, tennis, and clubhouse.

If I can provide more information on this community or offer more detail on the information below, please let me know.  You can check out all homes available at www.thekeytowilmington.com

We look forward to assisting you in the near future.

 

Diane

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0 comments • Diane Parker • October 24 2008 05:08PM

Wilmington North Carolina -Porters Neck Plantation Market Update

 

Hello Friends and Neighbors,

Below is a market update for homes listed, pending, and sold within the past 90 days in Porters Neck Plantation.  Even in tough economic times, we are so fortunate to live in an area that many across the country desire to call home.  If I can provide additional information on real estate market conditions, create your personal market analysis, or help with any of your real estate needs, please let me know.

Area Market Survey
Listings as of 10/24/08 at 5:36pm
Property Type  Single Family    Property Subtype  Stick Built    Community  Porters Neck Planta Statuses  Active, Active Cont Sale Add, Active Alternative 2, Active Temp Off Mkt, Pending (9/1/2008 or after) , Sold (7/24/2008 or after) , Expired (9/24/2008 or after)  

  Porters Neck Plantation
Active
Listing Price Range  Quantity      Average DOM  
$250,000 thru $299,999 2 62  
$300,000 thru $349,999 2 85  
$350,000 thru $399,999 5 244  
$400,000 thru $449,999 4 78  
$450,000 thru $499,999 3 119  
$500,000 thru $549,999 10 267  
$550,000 thru $599,999 5 271  
$600,000 thru $649,999 7 235  
$650,000 thru $699,999 7 160  
$700,000 thru $749,999 1 431  
$750,000 thru $799,999 4 106  
$800,000 thru $849,999 2 267  
$850,000 thru $899,999 2 349  
$1,750,000 thru $1,999,999 3 302  
$4,750,000 thru $4,999,999 1 63  
$6,000,000 thru $6,999,999 1 24  
  59 204  
 
Summary Price Information
Minimum  $259,000 Maximum  $6,550,000
Average  $814,215 Median  $599,000

Sold
Selling Price Range  Quantity      Average DOM  
$350,000 thru $399,999 1 37  
$400,000 thru $449,999 1 208  
$450,000 thru $499,999 1 539  
  3 261  
 
Summary Price Information
Minimum  $385,000 Maximum  $450,000
Average  $427,500 Median  $447,500

Expired
Listing Price Range  Quantity      Average DOM  
$400,000 thru $449,999 1 320  
  1 320  
 
Summary Price Information
Minimum  $429,500 Maximum  $429,500
Average  $429,500 Median  $429,500

 
All information herein has not been verified and is not guaranteed. ©2008 Multiple Listing Service of the Wilmington Regional Association of REALTORS, Inc

0 comments • Diane Parker • October 24 2008 04:47PM

Wilmington North Carolina - Marsh Oaks Community Market Update

Area Market Survey
Listings as of 10/24/08 at 5:12pm
Property Type  Single Family    Property Subtype  Stick Built    Community  Marsh Oaks Statuses  Active, Active Cont Sale Add, Active Alternative 2, Active Temp Off Mkt, Pending (9/1/2008 or after) , Sold (7/24/2008 or after) , Expired (9/24/2008 or after)  

Hello Friends and Neighbors,

The information below is a market update of properties currently listed, pending and sold in the Marsh Oaks Community.  Marsh Oaks is a popular community with amenities including pool and tennis.  The location in the Porters Neck area makes it convenient to General Electric, area beaches, and shopping.

If I can provide additional information on the Marsh Oaks community, please feel free to contact me at 910-617-5244 or by email at dianeparker@seacoastrealty.com.  For Wilmington area information, please visit, www.thekeytowilmington.com or www.dianesparker.com

Diane

 

  Marsh Oaks
Active
Listing Price Range  Quantity      Average DOM  
$350,000 thru $399,999 3 35  
$400,000 thru $449,999 3 107  
$450,000 thru $499,999 3 134  
$500,000 thru $549,999 2 53  
$600,000 thru $649,999 2 476  
$650,000 thru $699,999 2 367  
$850,000 thru $899,999 1 78  
  16 169  
 
Summary Price Information
Minimum  $369,900 Maximum  $899,900
Average  $530,369 Median  $475,450

 

Pending
Listing Price Range  Quantity      Average DOM  
$300,000 thru $349,999 1 14  
$400,000 thru $449,999 1 0  
$500,000 thru $549,999 1 384  
  3 133  
 
Summary Price Information
Minimum  $310,000 Maximum  $519,900
Average  $418,267 Median  $424,900

 

Sold
Selling Price Range  Quantity      Average DOM  
$350,000 thru $399,999 1 167  
$400,000 thru $449,999 2 49  
$450,000 thru $499,999 2 63  
$550,000 thru $599,999 1 14  
  6 68  
 
Summary Price Information
Minimum  $375,000 Maximum  $585,000
Average  $463,154 Median  $455,511

 

All information herein has not been verified and is not guaranteed. ©2008 Multiple Listing Service of the Wilmington Regional Association of REALTORS, Inc
1 comment • Diane Parker • October 24 2008 04:27PM