Clary Coastal Realty Serving Coastal Carolina

BRUNSWICK CO. MARKET UPDATE


Southport, North Carolina                                                                                                                                                         August 9, 2010
Market Update 

Every 8 Seconds

 

One of the best parts about living in southeastern North Carolina is welcoming work-weary, traffic-weary and weather-weary people to our lifestyle. After years of traveling for Xerox, Ricoh and a variety of other sales and sales management jobs, one of the best things for me was moving from a suit and tie to a pair of khakis and a golf shirt. Every day. Even to work.

 

A fascinating new report has just been released on the baby boom generation that is preparing to leave the work-weary world. It was commissioned by the American Housing Conference. There are some very interesting numbers to report that affect the housing market in a place like ours where there is great fishing, amazing golf, long stretches of open beach and very little traffic.

 

The report indicates that every eight seconds, one of the 78 million baby boomers turns 60. Nearly half (49 %) intend to have a smaller home and 38% want to live in a better climate. The majority (66%) want one floor living.

 

What's even more interesting is that six in 10 expect to retire within 5-10 years.

 

With those statistics in mind, here's the best part. Brunswick County still has some of the best pricing for land and homes on the entire Atlantic Coast. Almost anything is possible, whether it's on the beach, near the beach, in one of our great golf communities or peaceful historic villages.

 

We've got the climate, a wide variety of homes (or land so you can design your own) and prices that are hard to beat.

 

Bring your weary selves for a visit. We'll show you the possibilities. Trust me, that retirement timeline just might get a bit shorter.  

 

 

Here are the numbers for the past two weeks:

--98 homes were sold or are under contract.

--Sold/pending homes were on the market on average 175 days.

--Average selling price was around $300,000.

--31 home sites were sold or are under contract. Average selling price was around $100,000.

 

 

 

 

 

Contact Us:

Call to talk about the market for buyers and sellers

 

 

 

Our Featured Listings

Just Listed

Home site with pond views front and back only $85,000

 

Home site in St James $87,500 includes membership

 

Just reduced 

Southeast side of Oak Island only $128,000

 

5 bedrooms and fabulous Oak Island home reduced by $10,000

 

Other Featured Properties

100% financing on this BSL home -- brand new!

 

Real southern living close to Southport

 

St James executive home on two lots with million dollar views 

 

Golf home one floor living only $335,000

 

Commercial space at Southport's Yacht Basin

 

Brazilian hardwood, large gourmet kitchen, golf and pond

 

Adorable Oak Island home only $139,500

 

Custom touches throughout this BSL home only $225,000

 

St James, amazing space, membership only $375,000

 

 

 

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Jim Clary