Brunswick County, one of North Carolina's largest, stretches from Wilmington, NC, to the South Carolina border. Until recently, it was largely undiscovered, and much of it remains rural and undeveloped. However, like many communities in other areas of the state, it is exploding with new homes and commercial areas - in this case all along US Highway 17. Unlike the unplanned developments evolving in many areas, much of the land is being transformed into well planned communities with beautiful homes as well as convenient commercial offices and retail spaces. It is a great place to settle now with many beautiful mixed use subdivisions and golf courses all the way down to Myrtle Beach.

Brunswick County communities include: Bellville, Leland, Southport, Bald Head Island, Calabash, Carolina Shores, Holden Beach, Oak Island, Ocean Isle Beach, Shallotte and Sunset Beach.

Call me at 233-4333, or email me for more information, or if I can be of service to you. My website is www.genielancaster.com, and my email is genie@genielancaster.com. There is also a link to my newsletter at Realty Times.com.

Market Narrative: 

Hi

Hello Friends,Hello Friends,

 

This report covers the period from March 1 – March 31, 2012.  Each month is a month behind, because I need the current month to compile the data for properties on the market, under contract, and closed sales for the previous month.

 

  March brought us a much nicer total for closed sales for the county.  The number of closed sales on houses, condos, and townhouses ROSE from 134 in February to 172 in March.  Nice, Huh?

 

The average sales prices in homes, condos, and townhouses ROSE nicely from  $180,432.00 in February to $219,624.00 in March.  The median sales figures ROSE as well. They ROSE from $140,100.00 IN February to $189,500.00 in March.  The number sold was up, as were the prices.  Let’s hope both figures stay that way.

 

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website www.genielancaster.comfor help with the buying or selling of real estate. Please take the time to let me know if I can improve the site or my material in this update.  Here are the figures for March.

 

Active:

 

Land/Acreage:     3,682 parcels are for sale priced from $1,537 each for 17 parcels in Grist Creek Wynd in Leland to $74,900,000 on Van Buren in River Bluff Estates in Supply.  Listings are DOWN by 13 from February.

 

Houses:     2,412 houses are on the market from 2 at $18,000 each in Shallotte, 1 on Meadowlark Lane, and 1 on Pelican Place to $15,000,000 on Shoals Watch on Bald Head Island.  Listings are UP by 65 from February.

 

Condos:     458 condos are on the market priced from $32,000 on Beach Road SW in Carolina Shores in Calash to $769,000 on W. Main Street on Sunset Beach.  Listings are UP by 48 from February.

 

Town Houses:     158 townhouses are on the market, priced from $74,900 for a unit on Cobblers Circle in Carolina Shores in Calabash to $649,000 on Goose Creek Road SW in Brick Landing on Ocean Isle Beach Main.  Listings are UP by 8 from February.

 

Under Contract:

 

Land/Acreage:     25 parcels are under contract priced from $15,000 on Old Salem Way in Crow Creek to $195,000 on Edinburgh in The Highlands in Shallotte.  Contracts are DOWN by 32 from February.

 

Houses:     133 houses are under contract priced from $24,900 on Turkey Trap Road in Supply to $883,800 on West 1^stStreet on Ocean Isle Beach.  Contracts are UP by 59 from February.

 

Condos:     11 condos are under contract priced from $49,000 in Causeway Inn on Ocean Isle Beach to $324.000 on Delorose in Island Resorts on Ocean Isle Beach.  Contracts are UP by 2 from February.

 

Townhomes:     3 Townhouses are under contract priced from $114,500 on Queen Anne Street in Seaside Village to $234,900 on Evangeline in Brunswick Forest. Contracts are DOWN by 8 from February.

 

Sold:

 

Land/Acreage:     75 parcels with sold prices from 10 at $2,000 each on River Street SW in Fisherman’s Village on Holden Beach Main to $1,330,000 on Stone Moss in Springstone in Leland.   Sales are UP by 9 from February..

 

Houses:     155 houses with sold prices from $13,000 for a house on Tuberose Court in Grist Creek in Leland to  $400,000 on Hydrangea in Waterford of the Carolinas in Leland.   Sales are UP by 31 from February.

 

Condos:     25 units with sold prices ranging from $39,000 on Causeway in Causeway Inn on Ocean Isle Beach to $380,000 on Jan Street in Island Resort in Ocean Isle. Sales are UP by 10 from February.

 

Townhouses:     13 units with sold prices from $84,000 on High Market in Sunset Beach to $297,085 on Anslow in Brunswick Forest in Leland.  Closed sales are UP by 10 from Feb

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website: www.genielancaster.com.   Please let me know if there are any questions.  Thanks for reading my work thHello Friends,

This report covers the period from March 1 – March 31, 2012.  Each month is a month behind, because I need the current month to compile the data for properties on the market, under contract, and closed sales for the previous month.

March brought us a much nicer total for closed sales for the county.  The number of closed sales on houses, condos, and townhouses ROSE from 134 in February to 172 in March.  Nice, Huh?

The average sales prices in homes, condos, and townhouses ROSE nicely from  $180,432.00 in February to $219,624.00 in March.  The median sales figures ROSE as well. They ROSE from $140,100.00 IN February to $189,500.00 in March.  The number sold was up, as were the prices.  Let’s hope both figures stay that way.

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website www.genielancaster.comfor help with the buying or selling of real estate. Please take the time to let me know if I can improve the site or my material in this update.  Here are the figures for March.

Active:

Land/Acreage:     3,682 parcels are for sale priced from $1,537 each for 17 parcels in Grist Creek Wynd in Leland to $74,900,000 on Van Buren in River Bluff Estates in Supply.  Listings are DOWN by 13 from February.

Houses:     2,412 houses are on the market from 2 at $18,000 each in Shallotte, 1 on Meadowlark Lane, and 1 on Pelican Place to $15,000,000 on Shoals Watch on Bald Head Island.  Listings are UP by 65 from February.

Condos:     458 condos are on the market priced from $32,000 on Beach Road SW in Carolina Shores in Calash to $769,000 on W. Main Street on Sunset Beach.  Listings are UP by 48 from February.

Town Houses:     158 townhouses are on the market, priced from $74,900 for a unit on Cobblers Circle in Carolina Shores in Calabash to $649,000 on Goose Creek Road SW in Brick Landing on Ocean Isle Beach Main.  Listings are UP by 8 from February.

Under Contract:

Land/Acreage:     25 parcels are under contract priced from $15,000 on Old Salem Way in Crow Creek to $195,000 on Edinburgh in The Highlands in Shallotte.  Contracts are DOWN by 32 from February.

Houses:     133 houses are under contract priced from $24,900 on Turkey Trap Road in Supply to $883,800 on West 1^stStreet on Ocean Isle Beach.  Contracts are UP by 59 from February.

Condos:     11 condos are under contract priced from $49,000 in Causeway Inn on Ocean Isle Beach to $324.000 on Delorose in Island Resorts on Ocean Isle Beach.  Contracts are UP by 2 from February.

Townhomes:     3 Townhouses are under contract priced from $114,500 on Queen Anne Street in Seaside Village to $234,900 on Evangeline in Brunswick Forest. Contracts are DOWN by 8 from February.

Sold:

Land/Acreage:     75 parcels with sold prices from 10 at $2,000 each on River Street SW in Fisherman’s Village on Holden Beach Main to $1,330,000 on Stone Moss in Springstone in Leland.   Sales are UP by 9 from February..

Houses:     155 houses with sold prices from $13,000 for a house on Tuberose Court in Grist Creek in Leland to  $400,000 on Hydrangea in Waterford of the Carolinas in Leland.   Sales are UP by 31 from February.

Condos:     25 units with sold prices ranging from $39,000 on Causeway in Causeway Inn on Ocean Isle Beach to $380,000 on Jan Street in Island Resort in Ocean Isle. Sales are UP by 10 from February.

Townhouses:     13 units with sold prices from $84,000 on High Market in Sunset Beach to $297,085 on Anslow in Brunswick Forest in Leland.  Closed sales are UP by 10 from February.

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website: www.genielancaster.com.   Please let me know if there are any questions.  Thanks for reading my work this month. 

 

 

February brought us a much nicer total for closed sales for the county.  The number of closed sales for houses, condos, and townhouses ROSE from 126 in January to 134 In February.

 

The average sales price for homes, condos, and townhouses FELL from $206,590.00 in January to $180,432.00 in February.  The median sales figure FELL as well - from $163,500.00 in January $140,100.00 in February.  The number sold was up, but the prices were down.  Let’s hope both figures are up in March.  While the number of closed sales rose a bit, the sold prices fell for the second month.

 

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website www.genielancaster.comfor help with the buying or selling of real estate.  Please take the time to let me know if I can improve the site or my material in this update.

 

Active:

 

Land/Acreage:     3,695 parcels are for sale priced from $1,537 each for 17 parcels in Grist Creek Wynd in Leland to $7,500,000 on Shoals Watch on Bald Head Island.  Listings are down by 19 from January.

 

Houses:     2,347 houses are on the market from 2 at $18,000 each in Shallotte, 1 on Meadowlark Lane, and 1 on Pelican Place to $15,000,000 on Shoals Watch on Bald Head Island.  Listings are DOWN by 32 from January.

 

Condos:     410 condos are on the market priced from $32,000 on Beach Road SW in Carolina Shores in Calabash to $769,000 on W. Main Street on Sunset Beach.  Listings are DOWN by 12 from January.

 

Town Houses:     150 townhouses are on the market, priced from $67,900 for a unit in Creekside in Leland to $649,000 on Goose Creek Road SW in Brick Landing on Ocean Isle Beach Main.  Listings are DOWN by 4 from January.

 

Under Contract:

 

Land/Acreage:     57 parcels are under contract priced from 19 at $3,900 each in Maritime Shores in Leland to $199,000 on Mourning Warbler Trail on Bald Head Island.  Contracts are UP by 27 from January.

 

Houses:     74 houses are under contract priced from $30,000 on Harbour Drive SE in Bolivia to $2,750,000 on Kinross on Bald Head Island.  Contracts are UP by 9 form January.

 

Condos:     9 condos are under contract priced from $39,000 on Causeway Drive on Ocean Isle Beach to $380.000 on West Blvd. on Ocean Isle Beach.  Contracts are UP by 4 from January.

 

Townhomes:     13 Townhouses are under contract priced from $114,900 on Queen Anne Street in Sunset Beach to $294,500 on Anslow in Brunswick Forest.  Contracts are UP by 10 from January.

 

Sold:

 

Land/Acreage:     66 parcels with sold prices from $1,100 for a parcel on Merritt Lane in Leland to $305,000 for parcel On Portsmouth on Bald Head Island.   Sales are UP by 13 from January.

 

Houses:     124 houses with sold prices from $12,000 for a house on Hexagon Drive SW in Supply to  $880,000 on W First Street on Ocean Isle Beach.   Sales are UP by 31 from January.

 

Condos:     15 units with sold prices ranging from $23,000 on Beach Drive SW in Carolina Shores in Calabash to $235,000 on Nester Drive in South Harbour Village in Southport.  Sales are the SAME as January.

 

Townhouses:     3 with sold prices from $135,000 on High Market in Sunset Beach to $539,500 on Evangeline in Brunswick Forest in Leland.  Closed sales are the SAME as January.

 

Remember, you can reach me at 910-233-4333, at genie@genielancaster.comor on my website: www.genielancaster.com.   Please let me know if there are any questions.  Thanks for reading my work this month.