Market Analysis for Residential properties, Land and Lots SOLD and PENDING

May 2009 data for Emerald Isle, Carteret County and Swansboro, Cedar Point and Cape Carteret

Emerald Isle Residential - Market Statistics

May 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	5	2,491,000	0	Low Avg High	265,000 498,200 750,000	0 0 0	0.00 0.00 0.00	940 1,643 2,200	193.96 311.12 401.06	0.00 0.00 0.00	57 202 457	56 333 932
Closed	9	4,589,800	4,332,000	Low Avg High	180,000 509,978 1,095,000	160,000 481,333 965,000	0.89 0.94 0.88	672 2,061 4,570	150.00 245.41 319.79	133.33 234.42 315.70	87 303 709	78 300 709
Overall	14	7,080,800	4,332,000	Low Avg High	180,000 505,771 1,095,000			672 1,912 4,570	150.00 268.88 401.06		57 267 709	56 311 932

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
	09-1567	7209 Canal Drive Emerald Isle, NC 28594	1,040	3	2	1982	Archers Point		124	265,000	0
	08-5333	1009 Ocean Drive E Emerald Isle, NC 29594	940	3	2	1977	None		206	377,000	0
	09-2167	7212 Sound Drive Emerald Isle, NC 28594	1,850	4	3	1982	Archers Point		57	675,000	0
	08-1895	8304 SOUND Drive Emerald Isle, NC 28594	2,200	3	3.50	1997	None		457	750,000	0
	09-285	203 Yardarm Ct Emerald Isle, NC 28594	2,186	3	2.50	1991	Lands End		166	424,000	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
	08-5301	332 Cape Lookout LP Emerald Isle, NC 28594	1,924	3	3	1997	Cape Emerald	5/18/2009	174	350,000	332,500
	07-3204	301 Deer Trail Emerald Isle, NC 28594	1,200	3	2	1992	None	4/30/2009	709	180,000	160,000
	09-971	1808 Emerald Drive Emerald Isle, NC 28594	2,486	4	3	1993	Emerald Isle By The	5/21/2009	87	750,000	735,000
	08-4661	3302 OCEAN Drive Emerald Isle, NC 28594	4,570	6	6	2005	The Sands	5/20/2009	219	1,095,000	965,000
	08-3022	9258 OSPREY RIDGE Drive Emerald Isle, NC 28594	1,573	3	2.50	1998	Osprey Ridge	5/6/2009	326	309,900	300,000
	08-80	9007 Reed Drive 1102 Emerald Isle, NC 28594	672	1	1	1984	Queens Court	5/8/2009	488	214,900	205,000
	09-392	9914 SHIPWRECK Ln Emerald Isle, NC 28594	3,648	4	5	2000	Spinnakers Reach	5/22/2009	109	1,000,000	950,000
	08-5259	7703 Sound Drive Emerald Isle, NC 28594	1,067	2	2	1979	Ocean Forest	5/20/2009	163	240,000	240,000
	08-842	104 SUMMER PLACE DR E Emerald Isle, NC 28594	1,408	4	2	1983	None	5/15/2009	455	450,000	444,500

Emerald Isle Land & Lots - Market Statistics

May 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	186 186 186	151 151 151
Closed	1	227,000	165,000	Low Avg High	227,000 227,000 227,000	165,000 165,000 165,000	0.73 0.73 0.73	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	231 231 231	231 231 231
Overall	2	376,900	165,000	Low Avg High	149,900 188,450 227,000			0 0 0	0.00 0.00 0.00		186 208 231	151 191 231

Pending 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
	09-536	304 Fairview Drive Emerald Isle, NC 28594	Emerald Isle	None	24	0.19	No		186	149,900	0

Closed 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
	08-4445	8522 Reed Drive Emerald Isle, NC 28594	Emerald Isle	None	Part L1	0.22	No	5/13/2009	231	227,000	165,000

Swansboro, Cedar Point & Cape Carteret - Market Statistics

May 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	5	960,400	0	Low Avg High	118,000 192,080 234,500	0 0 0	0.00 0.00 0.00	1,080 1,437 1,734	109.26 132.94 169.63	0.00 0.00 0.00	50 91 192	66 121 202
Closed	14	3,544,127	3,308,842	Low Avg High	114,000 253,152 545,000	114,000 236,346 515,000	1.00 0.93 0.94	1,200 1,655 2,484	73.08 150.04 351.61	73.08 141.40 332.26	34 296 598	-9 297 598
Overall	19	4,504,527	3,308,842	Low Avg High	114,000 237,080 545,000			1,080 1,598 2,484	73.08 145.54 351.61		34 242 598	-9 251 598

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
	09-2026	117 Dolphin St Cape Carteret, NC 28584	1,734	3	2	1981	None		67	234,500	0
	09-1836	164 HUNTING BAY Drive Cape Carteret, NC 28584	1,350	3	2	2002	Hunting Bay		75	229,000	0
	09-1867	95 CENTURY Ct Swansboro, NC 28584	1,080	2	2.50	1999	Pirates Cove		75	118,000	0
	09-2252	197 DEER ISLAND Rd Swansboro, NC 28584	1,499	2	1	1940	None		50	179,000	0
	08-5402	104 RIVER REACH Drive W Swansboro, NC 28584	1,524	3	2	2001	River Reach West		192	199,900	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
	08-5292	314 Bahia Ln Cape Carteret, NC 28584	2,157	3	2	2008	Star Hill North	5/27/2009	167	279,900	253,500
	08-1357	228 Club Point Drive Cape Carteret, NC 28584	1,550	3	2	1998	Country Club Point	5/21/2009	433	545,000	515,000
	08-1529	306 DOLPHIN St Cape Carteret, NC 28584	1,628	2	2	1960	None	5/7/2009	412	289,000	265,000
	09-6	103 MAGENS Ct EAST Cedar Point, NC 28584	2,484	3	3	1998	Magens Bay	5/1/2009	120	449,000	432,000
	08-3720	461 Parkertown Rd Hubert, NC 28539	1,560	3	2	2000	None	5/13/2009	285	114,000	114,000
	08-5366	104 Gordan Ct Swansboro, NC 28584	1,520	3	2	2009	None	5/8/2009	139	189,900	188,000
	09-2261	44 Ketch Drive Swansboro, NC 28584	1,668	2	2.50	2008	The Hammocks/Port Sw	5/13/2009	78	229,750	229,750
	08-5296	306 Lejeune Rd Swansboro, NC 28584	2,304	3	2	2003	Bayshore Park	5/1/2009	140	420,000	310,000
	07-5639	904 Meadowbrook South Swansboro, NC 28584	1,540	2	2	2008	The Villages at Swan	4/9/2009	586	207,000	200,000
	07-5634	906 Meadowbrook South Swansboro, NC 28584	1,320	2	2	2008	The Villages at Swan	3/12/2009	558	190,800	182,000
	07-5635	907 Meadowbrook South Swansboro, NC 28584	1,540	2	2	2009	The Villages at Swan	4/21/2009	598	192,100	192,100
	09-1395	226 Ocean Spray Drive Swansboro, NC 28584	1,458	3	2	1994	Ocean Spray	4/30/2009	34	150,000	144,715
	08-5209	47 Pirates Cove Drive Swansboro, NC 28584	1,240	2	2	2003	Pirates Cove	5/26/2009	211	129,900	125,000
	08-1901	Lot 77 Woodland Dr. Swansboro, NC 28584	1,200	3	2	2008	Hadnot Creek	4/30/2009	384	157,777	157,777

Swansboro, Cedar Point & Cape Carteret - Market Statistics

May 2009 - Land, 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	75,000	0	Low Avg High	75,000 75,000 75,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	82 82 82	80 80 80
Closed	1	225,000	142,500	Low Avg High	225,000 225,000 225,000	142,500 142,500 142,500	0.63 0.63 0.63	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	30 30 30	29 29 29
Overall	2	300,000	142,500	Low Avg High	75,000 150,000 225,000			0 0 0	0.00 0.00 0.00		30 56 82	29 54 80

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
	09-1758	191 DEER ISLAND Rd Swansboro, NC 28584	Swansboro	None		0.25	No		82	75,000	0

Closed 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
	09-1782	104 Lookout Ridge Way Cedar Point, NC 28584	Cedar Point	Magens Bay	98	0.48	No	5/22/2009	30	225,000	142,500

Market Statistics Carteret County MLS Area
Residential Homes for Sale - Closed, Pending May 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	36	8,064,750	0	Low Avg High	65,000 224,021 750,000	0 0 0	0.00 0.00 0.00	640 1,569 2,389	77.66 144.71 401.06	0.00 0.00 0.00	50 161 457	56 200 932
Closed	134	38,080,470	35,859,146	Low Avg High	49,900 284,183 1,095,000	45,000 267,606 965,000	0.90 0.94 0.88	654 1,737 4,570	31.95 160.11 487.11	28.81 151.54 487.11	0 239 1,143	-31 248 1,143
Overall	170	46,145,220	35,859,146	Low Avg High	49,900 271,442 1,095,000			640 1,701 4,570	31.95 156.85 487.11		0 222 1,143	-31 238 1,143

Market Statistics Carteret County MLS Area
Land, Lots for Sale - Closed, Pending May 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	5	527,400	0	Low Avg High	65,000 105,480 149,900	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	49 201 640	46 193 640
Closed	14	2,086,899	1,604,500	Low Avg High	20,000 149,064 439,000	20,000 114,607 400,000	1.00 0.77 0.91	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	1 223 629	-2 221 629
Overall	19	2,614,299	1,604,500	Low Avg High	20,000 137,595 439,000			0 0 0	0.00 0.00 0.00		1 217 640	-2 214 640

Information is deemed to be reliable, but is not guaranteed. See copyright notice.

Prepared by Kathryn Gorham, RSPS, ABR, e-PRO, SRES, SRS, Broker on Tue Jul 07 2009 21:28 GMT-0400 (Eastern Daylight Time)

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

Emerald Isle had 9 closed residential "homes for sale" located in the subdivisions of in Cape Emerald, Emerald Isle by the Sea, The Sands, Osprey Ridge, Queens Court, Spinnakers Reach, Ocean Forest and two homes were located in unincorporated areas. The average sales price for the closed properties in May of 2009 was $481,333, the low was $160,000 and the high was $965,000. The average days on market for homes for sale that sold in May 2009 was 303, for pending sales 202 was the average resulting in a 267 overall average.

A total of 5 homes for sale went under pending status in May including in Lands End, Archers Point (2), and 2 pending homes are located in unincorporated areas of Emerald Isle.

There was 1 land or lot for sale that closed in May, not in a subdivision and one lot for sale that went into pending status also not in a subdivision. The average price for the closed lots in May of 2009 was $165,000. The average days on market for homes for sale that sold in May 2009 was 231, for pending sales 186 was the average resulting in a 208 overall average.

The Swansboro, Cedar Point and Cape Carteret area had 14 sold properties and 5 homes for sale that went into the pending status in May. Cape Carteret had 4 of the closed properties, 9 for Swansboro and 1 in Hubert. The sold properties were located in the subdivisions of Star Hill North, Country Club Point, Magens Bay, Hammocks Port Swansboro, Bayshore Park, The Villages at Swansboro (3), Ocean Spray, Pirates Cove , Hadnot Creek and 3 in an unincorporated locations. The average sales price for May in the area was $236,346, the low was $114,000 and the high was $515,000. The average days on market for closed residential properties was 296, for homes for sale in the pending status the average was 91 resulting in a Lot and Land activity for the Swansboro, Cedar Point. The Pending Sales tallied to 3 in Swansboro and 2 for Cape Carteret in Hunting Bay, Pirates Cove, River Reach West and 2 in unincorporated locations.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in May 2009 reflected 1 pending sales and 1 closed lot for sale. The price of the sold lot was $142,500 and was located in the Magens Bay Subdivision.

Carteret County MLS residential sales for May 2009 came in at 134 closed properties and 36 properties that went pending. The average price for the SOLD properties was $267,606, the low was $45,000 and the high was $1,905,000. The average days on market for homes for sale that closed in May was 239, for pending home sales it was 161 resulting in the overall average of 222 days.

Land and Lots in the county showed 14 closed sales with an average price of $114,607 a low price of $20,000 and the high being $400,000. There were also 5 land or lots for sale that went under contract as pending sales in the MLS this month. The average days on market for lots for sale that closed in May was 223, for pending home sales it was 201 resulting in the overall average of 217 days.

Emerald Isle Carolina

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Contact

Contact: Kathryn Gorham: 252.354.2958 tel · 252.354.4746 fax · 252.646.4656 cell
kathryn@kathryngorham.com

Site Map

Sun Surf Realty · 7701 Emerald Drive · Emerald Isle, NC 28594
252.354.2958 tel · 252.354.4746 fax · 252.646.4656 cel

Emerald Isle Residential - Market Statistics

May 2009

Pending Residential Homes for Sale Emerald Isle

Closed Residential Homes for Sale Emerald Isle

Emerald Isle Land & Lots - Market Statistics

May 2009

Pending Lots for Sale Emerald Isle

Closed Lots for Sale Emerald Isle

Swansboro, Cedar Point & Cape Carteret - Market Statistics

May 2009 Residential

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

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

Swansboro, Cedar Point & Cape Carteret - Market Statistics

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

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

Market Statistics Carteret County MLS Area Residential Homes for Sale - Closed, Pending May 2009

Market Statistics Carteret County MLS Area Land, Lots for Sale - Closed, Pending May 2009

Market Statistics Carteret County MLS Area
Residential Homes for Sale - Closed, Pending May 2009

Market Statistics Carteret County MLS Area
Land, Lots for Sale - Closed, Pending May 2009