Wrightsville Beach Statistics

Wrightsville Beach . . .

Characteristics:

Wrightsville Beach, the northernmost beach in New Hanover County, is situated eight miles northeast of Wilmington and bordered by the ICW and the Atlantic Ocean. Wrightsville Beach, north of Carolina and Kure Beaches, is separated by a small draw bridge from the mainland. The Holiday Inn Sun Spree Resort the Blockade Runner Hotel, the Shell Island Resort all on the ocean, are the largest places to stay. However, there are a number of smaller private and commercial hotels and motels in the area. Homes range from elegant older beach homes to magnificent residences that compare favorably to those in the most prestigious beaches on either coast, and properties in Wrightsville are often more costly for comparable homes located at the other two beaches.

Blessed with some of the most beautiful waterways in southeastern North Carolina, Wrightsville Beach activities seem to revolve around water-related events. Boating and fishing are a part of everyday life, rather than weekend events. There are a number of excellent restaurants and many of the day to day amenities necessary to sustain a small thriving community.

Wrightsville Beach communities include: Duneridge, Shore Acres, Station One, Island Walk, Sea Path, Harbor Island, Live Oak Estates.

Market Narrative:

Hello to all,Here are your numbers for the month of March 1 – March 31, 2012 for the break down in active, under contract, and closed sales for houses, condos and townhouses. As I have told you before, the stats are a month in arrears so you will know what has been currently happening.

Wrightsville Beach closed sales FELL from 7 to 6 in March. However, the dollar figures were not as impressive. The average sales price fell from $1,622,857.00 in February to $598,333.00 in March. The median sales price also fell from $1,325,000.00 in February to $557,500.00 in March.

Remember, I can be reached at 910-233-4333, by email at genie@genielancaster.comor on my website at www.genielancaster.comfor help with listing or selling your property. I would love to hear from you.

Active:

Land/Acreage: 7 parcels are on the market ranging in asking prices from $399,000 on N. Channel Drive in Shore Acres to $4,999,000 on East Salisbury Street in North Shore. Listings are DOWN by 2 from March.

Houses: 58 houses are on the market with prices from $349,000 on West Greensboro Street to $4,499,000 on Marina Street. Listings are the SAME as March.

Condos: 72 units are on the market with asking prices from $109,999 in Waterway Lodge on Wrightsville Avenue to $2,650,00 on S. Lumina. Listings are UP by 5 from March.

Townhouses: 13 are on the market with asking prices from $489,500 on Driftwood Court in Channel Walk to $1,850,000 on S. Lumina. Listings are the SAME as March

Under Contract:

Land/Acreage: None. Contracts are the same as March.

Houses: 1 is under contract with the asking price of $1,350,000 on Point Place in Shore Acres. Contracts are the SAME as January.

Condos: 2 units are under contract with the asking prices of $559,900 in The Islander on N. Lumina to $649,500 in North Shore Condos on Lumina.

Townhouses: None. Contracts are the SAME as March.

Sold:

Land/Acreage: 1 parcel sold at the price of $587,000 on Mallard Street.

Houses: None. Sales are DOWN by 6 from March.

Condos: 4 units sold with the sold prices of $200,000 on S. Lumina in One South Lumina to $925,000 in Duneridge Resort on N. Lumina. Sales are UP by 4 from March.

Townhouses: None. Sales are the SAME as March.

Remember, I can be reached by phone at 910-233-4333, on my e-mail at genie@genielancaster.comor on my website at www.genielancaster.com. Please take the time to let me know if I can improve the site or my material in this update. Thanks for reading my work this month.