Market Report April 2009


Market Analysis for April 2009 for
Emerald Isle, Carteret County and Swansboro, Cedar Point and Cape Carteret
Residential properties, Land and Lots SOLD and PENDING

Emerald Isle Residential – Market Report

April 2009

 

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Aprox. Htd SqFt +/- List Price Per Aprox. Htd SqFt +/- Sold Price Per Aprox. Htd SqFt +/- Days On Market Cumulative Days On Market
Pending 2 1,267,900 0 Low
Avg
High
617,900
633,950
650,000
0
0
0
0.00
0.00
0.00
1,531
2,126
2,722
238.80
321.19
403.59
0.00
0.00
0.00
106
295
484
105
294
484
Closed 5 1,979,900 1,975,000 Low
Avg
High
260,000
395,980
525,000
250,000
395,000
510,000
0.96
1.00
0.97
1,028
1,634
2,740
191.61
253.63
308.25
186.13
251.99
304.17
39
154
323
37
189
480
Overall 7 3,247,800 1,975,000 Low
Avg
High
260,000
463,971
650,000
1,028
1,775
2,740
191.61
272.93
403.59
39
194
484
37
219
484

 

 

 

Pending Residential Homes for Sale Emerald Isle

Photo List # Address
Aprox. Htd SqFt +/-
Total Bedrooms
Total Bathrooms
Year Built
Primary Subdivision
Sold Date
Days On Market
List Price
Sold Price
28594 homes for sale lots
08-1375 1611 Ocean Drive East & West
Emerald Isle, NC 28594
2,722 6 4 1984 None 484 650,000 0
28594 homes for sale lots
09-1364 8615 OCEAN VIEW Drive
Emerald Isle, NC 28594
1,531 5 3 1970 None 106 617,900 0

 

Closed Residential Homes for Sale Emerald Isle

Photo List # Address
Aprox. Htd SqFt +/-
Total Bedrooms
Total Bathrooms
Year Built
Primary Subdivision
Sold Date
Days On Market
List Price
Sold Price
28594 homes for sale lots
08-3293 9201 Coast Guard Rd D302
Emerald Isle, NC 28594
1,200 3 2 1983 Pebble Beach 4/27/2009 301 369,900 365,000
28594 homes for sale lots
08-2454 6507 Ocean Drive East
Emerald Isle, NC 28594
1,760 4 3 1984 The Breakers 3/31/2009 323 450,000 500,000
28594 homes for sale lots
09-786 123 Ocean Oaks Drive
Emerald Isle, NC 28594
1,444 3 2 1986 Ocean Oaks 4/3/2009 39 375,000 350,000
28594 homes for sale lots
09-958 9007 Reed Drive 1208
Emerald Isle, NC 28594
1,028 2 2 1984 Queens Court 4/15/2009 45 260,000 250,000
28594 homes for sale lots
09-594 8807 SOUNDVIEW Ct
Emerald Isle, NC 28594
2,740 4 3 2003 Emerald Landing 4/17/2009 66 525,000 510,000

 

 

Emerald Isle Land & Lots – Market Report

April 2009

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price no data List Price Per no data Sold Price Per no data Days On Market Cumulative Days On Market
Closed 2 1,970,000 1,550,000 Low
Avg
High
975,000
985,000
995,000
750,000
775,000
800,000
0.77
0.79
0.80
0
0
0
0.00
0.00
0.00
0.00
0.00
0.00
139
429
719
139
530
922
Overall 2 1,970,000 1,550,000 Low
Avg
High
975,000
985,000
995,000
0
0
0
0.00
0.00
0.00
139
429
719
139
530
922

 

 

Sold Lots for Sale Emerald Isle

Photo List # Address City Primary Subdivision Lot #
Total Acres
Waterfront (Y/N)
Sold Date
Days On Market
List Price
Sold Price
28594 homes for sale lots
08-5159 7118-7122 CANAL Drive
Emerald Isle, NC 28594
Emerald Isle Archers Point 62, 63, 64 6.36 Yes 4/9/2009 139 975,000 800,000
28594 homes for sale lots
07-2649 0009707 Dolphin Ridge Rd
Emerald Isle, NC 28594
Emerald Isle Dolphin Ridge 67 0.43 Yes 4/22/2009 719 995,000 750,000

 

 

Swansboro, Cedar Point & Cape Carteret – Market Report

April 2009 Residential

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Aprox. Htd SqFt +/- List Price Per Aprox. Htd SqFt +/- Sold Price Per Aprox. Htd SqFt +/- Days On Market Cumulative Days On Market
Pending 1 189,900 0 Low
Avg
High
189,900
189,900
189,900
0
0
0
0.00
0.00
0.00
1,522
1,522
1,522
124.77
124.77
124.77
0.00
0.00
0.00
77
77
77
74
74
74
Closed 11 2,453,250 2,352,150 Low
Avg
High
118,000
223,023
424,900
118,000
213,832
400,000
1.00
0.96
0.94
1,141
1,844
3,100
70.28
121.23
148.55
70.28
116.25
148.55
42
188
582
42
223
582
Overall 12 2,643,150 2,352,150 Low
Avg
High
118,000
220,262
424,900
1,141
1,817
3,100
70.28
121.52
148.55
42
179
582
42
211
582

 

 

Pending Residential Homes for Sale Swansboro, Cedar Point, Cape Carteret

Photo List # Address
Aprox. Htd SqFt +/-
Total Bedrooms
Total Bathrooms
Year Built
Primary Subdivision
Sold Date
Days On Market
List Price
Sold Price
09-1850 106 Gordan Ct
Swansboro, NC 28584
1,522 3 2 2009 None 77 189,900 0

 

Closed Residential Homes for Sale Swansboro, Cedar Point, Cape Carteret

 

 

Photo List # Address
Aprox. Htd SqFt +/-
Total Bedrooms
Total Bathrooms
Year Built
Primary Subdivision
Sold Date
Days On Market
List Price
Sold Price
09-769 325 Bahia Ln
Cape Carteret, NC 28584
2,175 4 2.50 2009 Star Hill North 4/8/2009 42 269,900 260,000
09-660 311 Coldwater Drive
Cape Carteret, NC 28584
1,727 3 2 2007 Coldwater Creek 3/31/2009 44 192,900 192,500
07-5905 205 Easy Street
Cape Carteret, NC 28584
1,457 3 2 1975 Bayshore Park 4/9/2009 521 198,000 170,000
08-4649 302 Gambrel Way
Cape Carteret, NC 28584
2,241 3 2.50 2006 Quailwood Village 4/3/2009 172 258,900 255,000
09-153 105 Gemini Drive
Cape Carteret, NC 28584
3,100 4 3.50 2001 Star Hill 4/29/2009 109 424,900 400,000
07-4855 212 Stella Bridgeway Drive
Stella, NC 28582
2,109 4 3 2008 Riverwatch 4/3/2009 582 257,900 240,000
09-1070 111 HIDDEN CREEK Drive
Swansboro, NC 28584
1,679 3 2 2001 Swansboro Landing 4/24/2009 60 118,000 118,000
09-607 407 Moss Springs Drive
Swansboro, NC 28584
1,840 3 2 2009 Coldwater Creek 4/17/2009 61 199,900 199,900
09-272 108 Ryan Glenn Drive
Swansboro, NC 28584
1,602 3 2.50 2004 Deer Run 4/6/2009 73 198,200 192,000
08-1822 24 Schooner Drive
Swansboro, NC 28584
1,210 2 2 2007 The Hammocks/Port Sw 3/27/2009 354 179,750 179,750
09-492 117 Taylor Notion Rd A
Swansboro, NC 28584
1,141 3 1.50 1975 Star Hill 3/31/2009 55 154,900 145,000

 

Swansboro, Cedar Point & Cape Carteret – Market Report

April 2009 – Land and Lots

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price no data List Price Per no data Sold Price Per no data Days On Market Cumulative Days On Market
Pending 1 149,900 0 Low
Avg
High
149,900
149,900
149,900
0
0
0
0.00
0.00
0.00
0
0
0
0.00
0.00
0.00
0.00
0.00
0.00
1,005
1,005
1,005
1,005
1,005
1,005
Overall 1 149,900 0 Low
Avg
High
149,900
149,900
149,900
0
0
0
0.00
0.00
0.00
1,005
1,005
1,005
1,005
1,005
1,005

 

 

Pending Land & Lots for Sale Swansboro, Cedar Point, Cape Carteret

Photo List # Address City Primary Subdivision Lot #
Total Acres
Waterfront (Y/N)
Sold Date
Days On Market
List Price
Sold Price
06-5468 159 Cedar Point Blvd
Cedar Point, NC 28584
Cedar Point None 0.30 Yes 1,005 149,900 0

 

 

Market Report Carteret County MLS Area
Residential Homes for Sale – Sold & Pending April 2009

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Aprox. Htd SqFt +/- List Price Per Aprox. Htd SqFt +/- Sold Price Per Aprox. Htd SqFt +/- Days On Market Cumulative Days On Market
Pending 16 4,792,200 0 Low
Avg
High
132,900
299,512
650,000
0
0
0
0.00
0.00
0.00
1,405
1,933
2,722
65.32
155.11
403.59
0.00
0.00
0.00
77
275
1,144
74
277
1,144
Closed 101 24,723,690 23,034,540 Low
Avg
High
59,900
244,789
1,785,000
45,000
228,065
1,400,000
0.75
0.93
0.78
353
1,676
3,289
41.86
149.26
790.82
41.23
139.91
790.82
2
175
683
-7
196
809
Overall 117 29,515,890 23,034,540 Low
Avg
High
59,900
252,273
1,785,000
353
1,711
3,289
41.86
150.06
790.82
2
189
1,144
-7
207
1,144

 

Market Report Carteret County MLS Area
Land, Lots for Sale – Closed & Pending April 2009

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price no data List Price Per no data Sold Price Per no data Days On Market Cumulative Days On Market
Pending 1 149,900 0 Low
Avg
High
149,900
149,900
149,900
0
0
0
0.00
0.00
0.00
0
0
0
0.00
0.00
0.00
0.00
0.00
0.00
1,005
1,005
1,005
1,005
1,005
1,005
Closed 7 2,399,304 1,927,059 Low
Avg
High
15,000
342,758
995,000
15,000
275,294
800,000
1.00
0.80
0.80
0
0
0
0.00
0.00
0.00
0.00
0.00
0.00
22
300
719
21
329
922
Overall 8 2,549,204 1,927,059 Low
Avg
High
15,000
318,650
995,000
0
0
0
0.00
0.00
0.00
22
388
1,005
21
413
1,005

 

 

 

Summary Market Report for Emerald Isle and Surrounding Areas for April 2009

 

Emerald Isle had 5 closed residential “homes for sale” located in the subdivisions of in Ocean Oaks, The Breakers, Queens Court, Emerald Landing and Pebble Beach. A total of 2 properties went under pending status in April both were located in unincorporated areas of Emerald Isle. The average sales price for the closed properties in February of 2009 was $395,000, the low was $250,000 and the high was $510,000. The average days on market for closed homes for sale was 154, for pending sales the average was 295 resulting in an overall average of 194 days on market.There were 2 closed “lots for sale” an no lots went into the pending status Emerald Isle in April 2009. One of the lots was located in Dolphin Ridge and the other in Archrer’s Point. The average sales price for the closed properties in February of 2009 was $775,000, the low was $750,000 and the high was $800,000. The average days on market for closed “lots for sale” was 429.

The Swansboro, Cedar Point and Cape Carteret area had 11 sold properties and 1 properties went into the pending status in April. Cape Carteret had 5 of the closed properties, 5 for Swansboro and 1 in Stella. The Pending home for sale is located in Swansboro. The sold properties were located in the subdivisions of Star Hill, Star Hill North, Bayshore Park, Quailwood Village, Riverwatch, Swansboro Landing, Deer Run and Coldwater Creek. The average sales price for April in the area was $213,832, the low was $118,000 and the high was $400,000. The average days on market for closed homes for sale was 188, for pending sales the average was 77 resulting in an overall average of 179 days on market.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in April 2009 reflected 1 pending sales and no closed sales.

The Carteret County MLS residential sales for April 2009 came in at 101 closed properties and 16 properties that went pending. The average price for the SOLD properties was $228,065, the low was $45,000 and the high was $1,400,000. Land and Lots in the county showed 7 closed sales with an average sold price of $275,294 a low price of $15,000 and the high being $800,000. There was also 1 land or lot property that went under contract pending sale in the MLS area.