Market Report 2010

Emerald Isle Residential Statistics

**Absorption Rate is equal to the number of months of inventory actively for sale in the market

EMERALD ISLE – RESIDENTIAL
2010-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 34.89 -27.52 41.05 N/A N/A
Average List Price $637,638 -2.27 $618,759 $671,800 -7.9
Average Sale Price $376,173 -2.65 $421,964 $446,130 -5.42
Average CDOM 199 -33.44 337 257 31.13
November Absorption Rate 36.69 -31.2 41.71 53.53 -22.08
Average List Price $623,203 -5.37 $621,085 $672,994 -7.71
Average Sale Price $394,688 20.48 $426,543 $452,381 -5.71
Average CDOM 439 74.9 350 253 38.34
October Absorption Rate 36.77 -38.23 42.11 53.55 -21.36
Average List Price $625,384 -7.04 $621,667 $673,906 -7.75
Average Sale Price $384,188 -9.58 $429,041 $468,799 -8.48
Average CDOM 428 60.9 343 253 35.57
September Absorption Rate 38.66 -34.89 42.7 52.88 -19.25
Average List Price $626,670 -8.17 $626,213 $680,775 -8.01
Average Sale Price $389,222 12.71 $432,859 $477,030 -9.26
Average CDOM 171 41.32 336 250 34.4
August Absorption Rate 37.43 -40.86 43.21 52.07 -17.02
Average List Price $634,573 -8.52 $634,588 $684,521 -7.29
Average Sale Price $600,701 17.24 $437,479 $490,654 -10.84
Average CDOM 373 28.18 354 264 34.09
July Absorption Rate 38.66 -33.4 44.03 50.47 -12.76
Average List Price $652,942 -6.63 $631,199 $688,277 -8.29
Average Sale Price $566,677 2.21 $422,831 $485,576 -12.92
Average CDOM 214 -10.46 352 258 36.43
June Absorption Rate 43.57 -20.7 44.93 49.21 -8.7
Average List Price $648,873 -7.58 $634,483 $688,723 -7.88
Average Sale Price $368,257 -28.69 $399,214 $473,526 -15.69
Average CDOM 329 4.44 375 261 43.68
May Absorption Rate 44.07 -14.51 45.17 48.06 -6.01
Average List Price $649,620 -11.7 $639,465 $702,607 -8.99
Average Sale Price $361,417 -30.7 $413,347 $459,235 -9.99
Average CDOM 241 -3.21 396 244 62.3
April Absorption Rate 47.76 -1.06 45.42 47.19 -3.75
Average List Price $643,466 -11.1 $642,941 $698,050 -7.89
Average Sale Price $353,850 8.21 $431,675 $436,593 -1.13
Average CDOM 345 29.7 451 242 86.36
March Absorption Rate 45.38 -6.01 44.6 46.83 -4.76
Average List Price $652,135 -11.23 $648,605 $700,942 -7.47
Average Sale Price $528,833 32.16 $474,125 $468,826 1.13
Average CDOM $533 87.02 $509 $234 117.5
February Absorption Rate 45.47 -3.3 42.95 44.65 -3.81
Average List Price $644,251 -13.37 $653,333 $731,859 -10.73
Average Sale Price $294,292 -59.57 $408,475 $529,867 -22.91
Average CDOM 553 86.82 479 190 152.1
January Absorption Rate 42.95 -4.94 42.95 45.18 -4.94
Average List Price $653,333 -10.73 $653,333 $731,859 -10.73
Average Sale Price $579,750 105.4 $579,750 $282,225 105.4
Average CDOM 369 558.9 369 56 558.9

Emerald Isle Land Statistics

EMERALD ISLE – LAND
2010-MO 2009-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 320 142.4 124.7 176.09 N/A N/A
Average List Price $383,506 $407,307 -5.84 $389,203 $427,539 -8.97
Average Sale Price $133,000 N/A N/A $167,571 $522,776 -67.95
Average CDOM 837 N/A N/A 654 339 92.92
November Absorption Rate 334 144 131.9 163.7 444.82 -63.2
Average List Price $378,980 $406,986 -6.88 $387,925 $428,272 -9.42
Average Sale Price N/A N/A N/A $173,333 $522,776 -66.84
Average CDOM N/A N/A N/A 623 339 83.78
October Absorption Rate 243 182 33.52 146.65 476.46 -69.22
Average List Price $378,010 $409,144 -7.61 $388,246 $427,715 -9.23
Average Sale Price $125,000 $511,667 -75.57 $173,333 $522,776 -66.84
Average CDOM 536 373 43.7 623 339 83.78
September Absorption Rate 160.62 308.57 -47.95 135.94 509.17 -73.3
Average List Price $382,023 $415,869 -8.14 $390,072 $431,312 -9.56
Average Sale Price $260,000 $462,607 -43.8 $183,000 $525,554 -65.18
Average CDOM 891 269 231.2 641 331 93.66
August Absorption Rate 141.6 427.2 -66.85 132.86 534.25 -75.13
Average List Price $382,570 $419,334 -8.77 $392,434 $433,469 -9.47
Average Sale Price N/A $725,000 N/A $163,750 $588,500 -72.18
Average CDOM N/A 210 N/A 578 393 47.07
July Absorption Rate 140 356 -60.67 131.61 549.54 -76.05
Average List Price $383,982 $421,548 -8.91 $393,470 $434,325 -9.41
Average Sale Price N/A N/A N/A $163,750 $520,250 -68.52
Average CDOM N/A N/A N/A 578 484 19.42
June Absorption Rate 136 328 -58.54 130.21 581.8 -77.62
Average List Price $387,167 $411,235 -5.85 $392,705 $431,589 -9.01
Average Sale Price N/A N/A N/A $163,750 $520,250 -68.52
Average CDOM N/A N/A N/A 578 484 19.42
May Absorption Rate 130.4 376.8 -65.39 129.05 632.56 -79.6
Average List Price $388,120 $407,870 -4.84 $394,690 $423,950 -6.9
Average Sale Price $145,000 $165,000 -12.12 $163,750 $520,250 -68.52
Average CDOM 1287 231 457.1 578 484 19.42
April Absorption Rate 128 628 -79.62 128.71 696.5 -81.52
Average List Price $388,096 $408,800 -5.06 $394,248 $418,513 -5.8
Average Sale Price $155,000 $775,000 -80 $170,000 $638,667 -73.38
Average CDOM 152 530 -71.32 342 569 -39.89
March Absorption Rate 128 624 -79.49 128.95 719.33 -82.07
Average List Price $388,008 $407,562 -4.8 $396,495 $408,477 -2.93
Average Sale Price N/A N/A N/A $200,000 $366,000 -45.36
Average CDOM N/A N/A N/A 722 647 11.59
February Absorption Rate 125.25 918 -86.36 125.25 924 -86.44
Average List Price $395,722 $419,595 -5.69 $399,686 $420,798 -5.02
Average Sale Price N/A $366,000 N/A $200,000 $366,000 -45.36
Average CDOM N/A 647 N/A 722 647 11.59
January Absorption Rate 133.6 616 -78.31 133.6 616 -78.31
Average List Price $399,686 $420,798 -5.02 $399,686 $420,798 -5.02
Average Sale Price $200,000 N/A N/A $200,000 N/A N/A
Average CDOM 722 N/A N/A 722 N/A N/A

 

Swansboro, Cedar Point, Cape Carteret Residential Statistics

SWANSBORO / CAPE CARTERET / CEDAR POINT – RESIDENTIAL
2010-MO 2009-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 18.99 19.42 -2.21 18.73 N/A N/A
Average List Price $285,222 $279,870 1.91 $277,823 $292,175 -4.91
Average Sale Price $198,908 $262,377 -24.19 $223,823 $228,241 -1.94
Average CDOM 516 260 98.46 254 251 1.2
November Absorption Rate 20.2 19.31 4.61 18.7 19.07 -1.94
Average List Price $286,922 $284,549 0.83 $278,661 $293,288 -4.99
Average Sale Price $226,733 $171,783 31.99 $225,885 $225,160 0.32
Average CDOM 245 335 -26.87 232 250 -7.2
October Absorption Rate 18.29 22.47 -18.6 18.55 19.04 -2.57
Average List Price $302,530 $287,143 5.36 $279,610 $292,815 -4.51
Average Sale Price $188,575 $293,616 -35.77 $226,288 $228,718 -1.06
Average CDOM 164 343 -52.19 230 245 -6.12
September Absorption Rate 18.43 21.84 -15.61 18.58 18.66 -0.43
Average List Price $296,819 $313,061 -5.19 $280,044 $304,324 -7.98
Average Sale Price $220,434 $182,944 20.49 $229,998 $216,083 6.44
Average CDOM 124 120 3.33 237 226 4.87
August Absorption Rate 18.24 20.27 -10.01 18.59 18.27 1.75
Average List Price $294,592 $320,698 -8.14 $280,594 $307,498 -8.75
Average Sale Price $208,400 $219,725 -5.15 $231,442 $221,550 4.46
Average CDOM 268 237 13.08 254 243 4.53
July Absorption Rate 18.21 19.92 -8.58 18.65 17.98 3.73
Average List Price $298,222 $311,919 -4.39 $279,932 $309,243 -9.48
Average Sale Price $245,471 $210,173 16.79 $233,579 $221,910 5.26
Average CDOM 145 257 -43.58 252 244 3.28
June Absorption Rate 19.08 19.04 0.21 18.72 17.66 6
Average List Price $297,364 $315,541 -5.76 $282,248 $305,848 -7.72
Average Sale Price $232,854 $243,846 -4.51 $231,230 $224,154 3.16
Average CDOM 240 267 -10.11 273 242 12.81
May Absorption Rate 20.31 17.02 19.33 18.65 17.38 7.31
Average List Price $285,495 $318,135 -10.26 $284,585 $306,922 -7.28
Average Sale Price $239,193 $283,139 -15.52 $230,586 $219,048 5.27
Average CDOM 263 189 39.15 287 235 22.13
April Absorption Rate 18.79 17.43 7.8 18.23 17.47 4.35
Average List Price $286,406 $314,435 -8.91 $283,737 $306,889 -7.54
Average Sale Price $228,311 $202,417 12.79 $227,848 $206,230 10.48
Average CDOM 335 236 41.95 294 245 20
March Absorption Rate 17.89 18.19 -1.65 18.04 17.49 3.14
Average List Price $283,243 $314,758 -10.01 $279,475 $304,352 -8.17
Average Sale Price $260,545 $186,289 39.86 $227,729 $207,617 9.69
Average CDOM 304 237 28.27 284 248 14.52
February Absorption Rate 18.74 17.11 9.53 18.12 17.13 5.78
Average List Price $281,428 $309,061 -8.94 $280,460 $303,561 -7.61
Average Sale Price $206,488 $343,735 -39.93 $192,982 $233,210 -17.25
Average CDOM 159 347 -54.18 262 261 0.38
January Absorption Rate 17.27 16.95 1.89 17.27 16.95 1.89
Average List Price $280,815 $308,304 -8.92 $280,815 $308,304 -8.92
Average Sale Price $180,978 $193,019 -6.24 $180,978 $193,019 -6.24
Average CDOM 355 230 54.35 355 230 54.35

 

Swansboro, Cedar Point, Cape Carteret Land Statistics

SWANSBORO / CAPE CARTERET / CEDAR POINT – RESIDENTIAL
2010-MO 2009-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 97.33 158.12 -38.45 124.85 N/A N/A
Average List Price $251,307 $305,519 -17.74 $262,029 $266,377 -1.63
Average Sale Price $200,000 $80,000 150 $101,721 $118,272 -13.99
Average CDOM 718 59 1117 373 345 8.12
November Absorption Rate 96 143.33 -33.02 127.05 138.34 -8.16
Average List Price $326,300 $323,654 0.82 $263,707 $269,188 -2.04
Average Sale Price $75,000 $51,200 46.48 $97,941 $120,524 -18.74
Average CDOM 297 208 42.79 360 362 -0.55
October Absorption Rate 99.43 143.33 -30.63 130.16 137.84 -5.57
Average List Price $319,654 $325,962 -1.94 $270,091 $270,154 -0.02
Average Sale Price $100,000 $135,000 -25.93 $98,858 $129,767 -23.82
Average CDOM 249 20 1145 362 383 -5.48
September Absorption Rate 114.24 136.8 -16.49 133.57 137.23 -2.67
Average List Price $314,404 $306,714 2.51 $272,225 $268,995 1.2
Average Sale Price $37,600 $135,000 -72.15 $98,811 $129,393 -23.64
Average CDOM 593 943 -37.12 367 409 -10.27
August Absorption Rate 125.74 133.14 -5.56 135.98 137.28 -0.95
Average List Price $311,827 $312,965 -0.36 $274,228 $270,869 1.24
Average Sale Price $199,553 $60,000 232.6 $111,053 $128,962 -13.89
Average CDOM 283 121 133.9 322 368 -12.5
July Absorption Rate 106.22 156 -31.91 137.45 137.87 -0.3
Average List Price $308,048 $303,156 1.61 $274,414 $272,236 0.8
Average Sale Price $181,667 $165,714 9.63 $95,435 $134,708 -29.15
Average CDOM 1012 431 134.8 329 388 -15.21
June Absorption Rate 110.4 153.33 -28 142.65 134.85 5.78
Average List Price $305,209 $307,753 -0.83 $279,521 $274,714 1.75
Average Sale Price $78,333 $100,000 -21.67 $76,957 $91,300 -15.71
Average CDOM 113 659 -82.85 183 328 -44.21
May Absorption Rate 128.73 138.95 -7.36 149.1 131.15 13.69
Average List Price $300,857 $315,854 -4.75 $282,836 $287,351 -1.57
Average Sale Price $104,725 $142,500 -26.51 $76,582 $89,125 -14.07
Average CDOM 417 29 1338 201 246 -18.29
April Absorption Rate 143.37 122.73 16.82 154.2 129.21 19.34
Average List Price $304,007 $304,225 -0.07 $284,011 $285,825 -0.63
Average Sale Price $80,500 N/A N/A $60,500 $71,333 -15.19
Average CDOM 153 N/A N/A 78 318 -75.47
March Absorption Rate 166.5 124.91 33.3 157.81 131.36 20.14
Average List Price $306,191 $317,120 -3.45 $285,396 $302,229 -5.57
Average Sale Price $45,667 N/A N/A $45,500 $71,333 -36.21
Average CDOM 20 N/A N/A 22 318 -93.08
February Absorption Rate 164.25 128.18 28.14 153.46 134.59 14.02
Average List Price $305,446 $312,621 -2.3 $293,129 $306,252 -4.28
Average Sale Price $45,000 $76,000 -40.79 $45,000 $71,333 -36.92
Average CDOM 28 177 -84.18 28 318 -91.19
January Absorption Rate 140 138.6 1.01 140 138.6 1.01
Average List Price $318,198 $319,575 -0.43 $318,198 $319,575 -0.43
Average Sale Price N/A $69,000 N/A N/A $69,000 N/A
Average CDOM N/A 389 N/A N/A 389 N/A

 

Crystal Coast MLS Residential Statistics

CRYSTAL COAST MLS – RESIDENTIAL
2010-MO 2009-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 22.74 23.26 -2.24 23.6 N/A N/A
Average List Price $380,681 $400,390 -4.92 $352,463 $376,180 -6.3
Average Sale Price $219,847 $288,211 -23.72 $232,483 $246,462 -5.67
Average CDOM 265 242 9.5 231 228 1.32
November Absorption Rate 23.16 23.61 -1.91 23.68 23.03 2.82
Average List Price $384,637 $400,477 -3.96 $355,541 $377,631 -5.85
Average Sale Price $234,116 $215,266 8.76 $233,554 $243,374 -4.04
Average CDOM 270 235 14.89 228 227 0.44
October Absorption Rate 23.15 24.11 -3.98 23.7 22.97 3.18
Average List Price $391,871 $406,961 -3.71 $359,041 $378,424 -5.12
Average Sale Price $246,816 $258,993 -4.7 $233,319 $246,182 -5.23
Average CDOM 229 229 0 225 226 -0.44
September Absorption Rate 23.71 23.75 -0.17 23.76 22.85 3.98
Average List Price $395,343 $416,762 -5.14 $362,849 $382,443 -5.12
Average Sale Price $219,840 $229,069 -4.03 $232,175 $244,871 -5.19
Average CDOM 184 172 6.98 225 225 0
August Absorption Rate 24.05 23.77 1.18 23.74 22.73 4.44
Average List Price $397,447 $420,592 -5.5 $366,729 $387,492 -5.36
Average Sale Price $222,065 $227,231 -2.27 $233,738 $246,945 -5.35
Average CDOM 187 232 -19.4 229 232 -1.29
July Absorption Rate 23.83 24.07 -1 23.7 22.59 4.91
Average List Price $399,957 $416,727 -4.02 $369,079 $392,128 -5.88
Average Sale Price $257,006 $225,807 13.82 $235,265 $250,243 -5.99
Average CDOM 236 232 1.72 235 233 0.86
June Absorption Rate 25.05 23.82 5.16 23.67 22.34 5.95
Average List Price $400,621 $424,209 -5.56 $373,327 $394,889 -5.46
Average Sale Price $238,210 $282,796 -15.77 $231,642 $255,474 -9.33
Average CDOM 230 264 -12.88 234 233 0.43
May Absorption Rate 25.15 23.68 6.21 23.4 22.04 6.17
Average List Price $398,952 $431,028 -7.44 $375,436 $400,195 -6.19
Average Sale Price $224,317 $276,588 -18.9 $229,362 $247,470 -7.32
Average CDOM 240 231 3.9 236 223 5.83
April Absorption Rate 24.73 23.07 7.2 22.96 21.63 6.15
Average List Price $391,838 $419,920 -6.69 $376,856 $402,304 -6.33
Average Sale Price $216,241 $235,650 -8.24 $231,086 $237,633 -2.76
Average CDOM 220 217 1.38 234 221 5.88
March Absorption Rate 23.25 22.2 4.73 22.37 21.15 5.77
Average List Price $390,189 $421,005 -7.32 $381,575 $400,893 -4.82
Average Sale Price $257,927 $227,274 13.49 $237,720 $238,398 -0.28
Average CDOM 253 239 5.86 241 222 8.56
February Absorption Rate 22.56 21 7.43 21.93 20.63 6.3
Average List Price $393,099 $419,695 -6.34 $386,528 $406,769 -4.98
Average Sale Price $224,812 $277,784 -19.07 $221,634 $245,721 -9.8
Average CDOM 248 221 12.22 231 212 8.96
January Absorption Rate 21.13 20.07 5.28 21.13 20.07 5.28
Average List Price $399,506 $412,257 -3.09 $399,506 $412,257 -3.09
Average Sale Price $218,371 $199,570 9.42 $218,371 $199,570 9.42
Average CDOM 215 199 8.04 215 199 8.04

 

Crystal Coast MLS Land Statistics

CRYSTAL COAST MLS – RESIDENTIAL
2010-MO 2009-MO % Chg 2010 YTD 2009 YTD % Chg
December Absorption Rate 77.68 180.85 -57.05 109.3 N/A N/A
Average List Price $237,615 $256,551 -7.38 $226,694 $259,431 -12.62
Average Sale Price $85,994 $130,819 -34.27 $87,984 $163,892 -46.32
Average CDOM 380 225 68.89 351 277 26.71
November Absorption Rate 78.96 162.86 -51.52 112.17 162.1 -30.8
Average List Price $250,192 $262,946 -4.85 $229,332 $261,930 -12.45
Average Sale Price $151,545 $136,433 11.08 $88,151 $167,697 -47.43
Average CDOM 369 157 135 349 283 23.32
October Absorption Rate 23.15 24.11 -3.98 23.7 22.97 3.18
Average List Price $391,871 $406,961 -3.71 $359,041 $378,424 -5.12
Average Sale Price $246,816 $258,993 -4.7 $233,319 $246,182 -5.23
Average CDOM 229 229 0 225 226 -0.44
September Absorption Rate 23.71 23.75 -0.17 23.76 22.85 3.98
Average List Price $395,343 $416,762 -5.14 $362,849 $382,443 -5.12
Average Sale Price $219,840 $229,069 -4.03 $232,175 $244,871 -5.19
Average CDOM 184 172 6.98 225 225 0
August Absorption Rate 24.05 23.77 1.18 23.74 22.73 4.44
Average List Price $397,447 $420,592 -5.5 $366,729 $387,492 -5.36
Average Sale Price $222,065 $227,231 -2.27 $233,738 $246,945 -5.35
Average CDOM 187 232 -19.4 229 232 -1.29
July Absorption Rate 23.83 24.07 -1 23.7 22.59 4.91
Average List Price $399,957 $416,727 -4.02 $369,079 $392,128 -5.88
Average Sale Price $257,006 $225,807 13.82 $235,265 $250,243 -5.99
Average CDOM 236 232 1.72 235 233 0.86
June Absorption Rate 25.05 23.82 5.16 23.67 22.34 5.95
Average List Price $400,621 $424,209 -5.56 $373,327 $394,889 -5.46
Average Sale Price $238,210 $282,796 -15.77 $231,642 $255,474 -9.33
Average CDOM 230 264 -12.88 234 233 0.43
May Absorption Rate 25.15 23.68 6.21 23.4 22.04 6.17
Average List Price $398,952 $431,028 -7.44 $375,436 $400,195 -6.19
Average Sale Price $224,317 $276,588 -18.9 $229,362 $247,470 -7.32
Average CDOM 240 231 3.9 236 223 5.83
April Absorption Rate 24.73 23.07 7.2 22.96 21.63 6.15
Average List Price $391,838 $419,920 -6.69 $376,856 $402,304 -6.33
Average Sale Price $216,241 $235,650 -8.24 $231,086 $237,633 -2.76
Average CDOM 220 217 1.38 234 221 5.88
March Absorption Rate 23.25 22.2 4.73 22.37 21.15 5.77
Average List Price $390,189 $421,005 -7.32 $381,575 $400,893 -4.82
Average Sale Price $257,927 $227,274 13.49 $237,720 $238,398 -0.28
Average CDOM 253 239 5.86 241 222 8.56
February Absorption Rate 147.57 145.43 1.47 151.88 142.95 6.25
Average List Price $259,421 $277,955 -6.67 $251,822 $276,104 -8.79
Average Sale Price $92,580 $136,375 -32.11 $88,906 $191,556 -53.59
Average CDOM 141 245 -42.45 258 297 -13.13
January Absorption Rate 93.83 171.86 -45.4 122.07 158.37 -22.92
Average List Price $249,427 $271,369 -8.09 $235,357 $271,213 -13.22
Average Sale Price $72,332 $186,140 -61.14 $80,371 $147,077 -45.35
Average CDOM 245 187 31.02 294 315 -6.67