Connect to the Coast
ADVANTAGE COASTAL PROPERTIES MONTHLY NEWSLETTER
Market Update For Month End February 2012
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3/11/2012 |
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Welcome to the Advantage Coastal Properties’ market report. We’re happy to report that the stronger market has continued into 2012! Keep reading for more info!
Of Special Interest
Listing Inventories Continue to Decline as Sales Continue to Increase in the Area.
Emerald Isle listing inventory is down 5%
“APSI” listing inventory is down 19%
And on the
Coastal Mainland , the listing inventory is down 13% |
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EMERALD ISLE
Emerald Isle started the year strong, and remains on par with last years’ sales, with 20 properties sold year to date compared with 19 last year. Inventory of properties available decreased slightly. Lower end properties continue to be the bulk of what is selling (Under $400k). 46% of the listings fall in this price range, while 75% of the sales to date fall here. Lot sales show a marked increase, with 5 lots sold to date compared with 1 last year.
“APSI”
“APSI” (Atlantic Beach, Pine Knoll Shores, Indian Beach and Salter Path) A marked increase over last year, with 25 properties sold year to date, compared to 18 last year. Similar to Emerald Isle, the under $400k properties dominated the sales (76%). Available inventory is down dramatically, from 488 properties available to 395. Lot sales are also stronger, with 6 selling compared to 3 last year.
Overall Island
With Spring just around the corner, and our temperatures starting to move into the 60’s and higher (yay!) .. we see increased interest in what the island has to offer for sale.
We continue to see signs of a better market, with inventories lower than last year, and sales on par or higher. Interest rates continue to cooperate and prices are low. A great time to see what your money can buy at the Crystal Coast!
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Try Our User friendly website! AdvantageCoastalProperties.com |
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Advantage Coastal Properties - Emerald Isle
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Connect to the Coast
ADVANTAGE COASTAL PROPERTIES MONTHLY NEWSLETTER |
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Call today! For your Free Market Analysis, no cost and never an obligation!
252-646-5551 (Mac)
252-646-4433 (Ed) |
Our system sells properties!
A Top Producer in 2009,2010 and 2011!!
3.9% Total
WHY Pay More?
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Coastal Mainland
More good news on the coastal mainland, with 17 homes selling compared to 13 sold last year at this time. There are fewer homes pended than last year, however, which could even out the sales for the end of the quarter.
Properties for sale are down, from 250 offered last year at this time, to 217. The decrease all falling in the properties priced under $250k.
Cannonsgate lots owned by the banks continue to monopolize the lots being sold, and continue to provide fantastic deals for anyone wanting a Crystal Coast mainland location with amenities. Call for more info!
Come on down and Join in the Celebrations!
** St Patty’s Day Festival - Emerald Isle 3/17 9AM-5PM
**Swansboro Oyster Roast / Pig Out 3/17 5PM-8PM
**Newport Pig Cookin’ , Town Park 3/30-31 |
Thinking about Selling??
Where to start?? Thinking about selling your coastal home? We can help by providing you information about what has sold and what is on the market, what price you property can bring you, and what your competition will be. It is easy to get started, no obligation, just email or call, and let us know the address, and we’ll get information right out!
Considering Purchasing a Crystal Coast Home?
Did you know Advantage Coastal Properties offers our Local Expertise at no cost to Buyers? Real Esate is Local, information about one market does not transfer to another, WE can help you learn about the market at the Crystal Coast and help you make an informed decision. We’re with you from start to finish, and beyond. Put our expertise to work for YOU. |
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Advantage Coastal Properties - Emerald Isle
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Connect to the Coast
ADVANTAGE COASTAL PROPERTIES MONTHLY NEWSLETTER
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Bogue Banks, A Lifestyle! |
ADVANTAGE
COASTAL
PROPERTIES
3.9% WHY PAY MORE?
252-354-9000
MacNelson@ACPei.com
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On the Ligher Side ...
Q. Can February March?
A. No, but April May!
Q. What season is it when you are on a trampoline?
A. Spring-time! |
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Date Sheets
We’ve tweaked our data sheets to include information on 2011, 2010 and also 2009 to allow our clients to see just how far the market has moved since what we feel was the bottom. Keep in mind that we under emphasize average selling prices, because of the varied mix of properties both on and off the island, and we focus more on volume sold.
If you’d like more information about specific neighborhoods or properties, just give us a call! We love to chat about the market, and can help you understand what your property is worth or what your money can buy. We can also put you on auto emails that bring this information directly to you, as it happens. A great way to keep tabs on the market where you own property or are considering a purchase.
Congrats and Welcomes!
It has been a busy beginning to 2012, CONGRATS to the Bolands, Peadons, Vanderwerffs, Bahners, and Cains, on the Sale of their properties, all listed with Advantage! Also a warm Welcome and Congrats to Advantage Buyers, the Cabots, Rabons, Gradys, Beddingfields and Vickers. Great time to buy at the Coast, with spring approaching.
NOW is the time to list property!
Our busy season is here. If you’re wondering what your property is worth, OR would like to find out what your money can buy at the Crystal Coast, give us a call, and don’t forget to visit the website for a very user friendly search tool.
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