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

April 2010 data for Emerald Isle, Carteret County and Swansboro, Cedar Point and Cape Carteret

Emerald Isle Residential - Market Statistics

April 2010

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	13	6,113,100	0	Low Avg High	124,900 470,238 1,750,000	0 0 0	0.00 0.00 0.00	900 1,830 5,800	99.52 257.77 400.33	0.00 0.00 0.00	34 326 957	32 353 1,308
Closed	6	2,518,800	2,470,500	Low Avg High	189,900 419,800 554,400	180,000 411,750 605,000	0.85 0.97 1.09	1,200 2,010 2,880	132.70 214.49 307.50	125.79 206.13 268.90	65 318 616	65 316 603
Overall	19	8,631,900	2,470,500	Low Avg High	124,900 454,311 1,750,000			900 1,887 5,800	99.52 244.10 400.33		34 323 957	32 341 1,308

Pending Listings Emerald Isle Residential

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	10-1308	416 BOGUE INLET Drive Emerald Isle, NC 28594	1,344	3	2	1994	Holly Point		38	389,000	0
	10-745	329 CAPE FEAR LP Emerald Isle, NC 28594	2,547	4	2	1995	Cape Emerald		76	539,900	0
	09-1877	9201 COAST GUARD Rd D204 Emerald Isle, NC 28594	1,120	3	2	1983	Pebble Beach		369	371,500	0
	10-723	1104 Emerald Drive W Emerald Isle, NC 28594	1,152	2	1	1974	None		81	124,900	0
	10-1677	7213 EMERALD Drive Emerald Isle, NC 28594	2,712	3	3	1981	Oakland Hills		34	269,900	0
	08-1631	8711 EMERALD PLANTATION Drive 305 Emerald Isle, NC 28594	1,300	2	2	1986	Emerald Plantation		763	199,900	0
	09-112	127 Jackson Ave Emerald Isle, NC 28594	1,008	3	2	1984	Jefferson Place		482	329,000	0
	09-2515	112 MYRTLE Emerald Isle, NC 28594	900	3	2	1969	None		327	225,000	0
	07-5219	6617 Ocean Dr Emerald Isle, NC 28594	5,800	7	9	2006	The Breakers		957	1,750,000	0
	09-1700	505 OCEAN Drive Emerald Isle, NC 28594	1,811	3	3	1989	None		382	725,000	0
	09-3329	125 Sand Castle Drive Emerald Isle, NC 28594	1,152	4	2	1982	Sea Dunes		286	369,000	0
	09-4832	111 Santa Maria Drive Emerald Isle, NC 28594	1,441	3	2	1977	Columbus Square		165	395,000	0
	09-3209	107 SAND CASTLE Drive Emerald Isle, NC 28594	1,500	4	2	1993	Sea Dunes		279	425,000	0

Closed Listings Emerald Isle Residential

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	09-4570	7315 Archers Creek Drive Emerald Isle, NC 28594	2,232	4	3	2004	Archers Creek	4/15/2010	167	395,500	390,500
	08-4204	108 Azure Drive Emerald Isle, NC 28594	1,878	4	3	1996	Bluewater Bay	4/30/2010	616	515,000	505,000
	09-4696	302 Barnes St Emerald Isle, NC 28594	1,431	3	2	1999	None	4/22/2010	164	189,900	180,000
	08-5073	101 Bogue Ct Emerald Isle, NC 28594	2,441	3	2	1989	None	4/23/2010	522	495,000	475,000
	09-1278	9201 COAST GUARD Rd A 307 Emerald Isle, NC 28594	1,200	3	2	1983	Pebble Beach	4/1/2010	377	369,000	315,000
	10-820	2410 Ocean Drive Emerald Isle, NC 28594	2,880	4	4.50	2003	None	4/23/2010	65	554,400	605,000

Emerald Isle Land & Lots - Market Statistics

April 2010

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	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	1,285 1,285 1,285	1,285 1,285 1,285
Closed	2	364,000	310,000	Low Avg High	139,000 182,000 225,000	125,000 155,000 185,000	0.82 0.86 0.90	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	56 59 62	62 152 243
Overall	3	513,900	310,000	Low Avg High	139,000 171,300 225,000			0 0 0	0.00 0.00 0.00		56 467 1,285	62 530 1,285

Pending Listings Emerald Isle Land and Lots

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	06-5714	#2 Sunset Landing Ct Emerald Isle, NC 28594	Emerald Isle	Sunset Landing	2	0.29	No		1,285	149,900	0

Closed Listings Emerald Isle Land and Lots

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	10-1326	110 Craig Drive Emerald Isle, NC 28594	Emerald Isle	Dogwood Acres	6	0.27	No	4/29/2010	56	225,000	185,000
	10-896	7203 SOUND Drive Emerald Isle, NC 28594	Emerald Isle	Archers Point		0.32	No	4/26/2010	62	139,000	125,000

Swansboro, Cedar Point & Cape Carteret - Market Statistics

April 2010 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	17	4,847,050	0	Low Avg High	125,000 285,121 549,900	0 0 0	0.00 0.00 0.00	1,000 2,131 3,234	58.64 134.77 216.89	0.00 0.00 0.00	13 156 451	13 187 448
Closed	12	3,094,800	2,886,800	Low Avg High	215,500 257,900 349,900	170,000 240,567 345,000	0.74 0.93 1.00	936 1,914 2,500	104.26 141.94 245.73	99.63 130.11 181.62	41 264 691	41 311 691
Overall	29	7,941,850	2,886,800	Low Avg High	125,000 273,857 549,900			936 2,041 3,234	58.64 137.73 245.73		13 201 691	13 238 691

Pending Homes for Sale Swansboro, Cedar Point, Cape Carteret
April 2010

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	09-4232	113 BOBWHITE Circle Cape Carteret, NC 28584	2,240	3	2.50	2006	Quailwood Village		214	257,000	0
	09-4661	329 Divot Ct Cape Carteret, NC 28584	2,625	3	2.50	2008	Silver Creek		178	324,900	0
	10-1446	220 LEJEUNE Rd Cape Carteret, NC 28584	1,904	3	2	2000	Bayshore Park		46	239,900	0
	10-508	122 PINE LAKE Rd Cape Carteret, NC 28584	2,035	3	2	1975	Star Hill		91	249,000	0
	10-1505	347 STAR HILL Cape Carteret, NC 28584	2,049	3	2	2005	Duck Crossing		41	269,900	0
	10-1761	100 Tifton Circle Cape Carteret, NC 28584	2,176	3	2	2005	Star Hill North		27	267,000	0
	10-121	111 FAWN CREEK Ct Cedar Point, NC 28584	3,234	4	3	2001	Magens Bay		112	549,900	0
	09-3923	202 Hill St Cedar Point, NC 28584	1,272	2	2	1940	None		235	229,000	0
	10-787	135A WHITE OAK BLUFF Rd Stella, NC 28582	2,704	3	2.50	2005	White Oak Bluff		76	379,000	0
	10-90	94 Bonita Ln Swansboro, NC 28584	2,193	4	2	1987	Oyster Bay		116	235,000	0
	10-2023	200 Cedarwood Drive Swansboro, NC 28584	2,251	3	2	1997	Cedar Creek Woods		13	132,000	0
	09-513	116 CORMORANT Drive Swansboro, NC 28584	2,527	3	2	2009	Halls Creek North		451	269,900	0
	09-2728	29 Outrigger Drive Swansboro, NC 28584	1,668	2	2	2009	The Hammocks/Port Sw		313	259,750	0
	10-768	55 PIRATES COVE Drive Swansboro, NC 28584	1,080	2	2.50	2001	Pirates Cove		80	125,000	0
	09-3178	222 River Reach Drive Swansboro, NC 28584	2,167	3	2	1988	River Reach		283	470,000	0
	10-14	634 W. Broad St Swansboro, NC 28584	1,000	3	1	1953	Edgewater Height		119	159,900	0
	09-3466	700 White Oak Crossing Swansboro, NC 28584	3,100	4	3	2005	White Oak Crossing		266	429,900	0

Sold and Closed Homes for Sale Swansboro, Cedar Point, Cape Carteret
April 2010

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	10-1261	107 Apollo Drive Cape Carteret, NC 28584	2,400	3	2.50	1986	Star Hill	4/19/2010	41	345,000	345,000
	10-462	348 Bahia Ln Cape Carteret, NC 28584	2,300	3	2	2008	Star Hill North	4/1/2010	63	254,900	249,900
	09-1545	132 Tifton Circle Cape Carteret, NC 28584	2,328	4	2	2005	Star Hill North	3/26/2010	352	269,900	255,000
	09-2059	103 EMMA Ct Cedar Point, NC 28584	1,850	3	3	1998	Buds Retreat	4/9/2010	337	235,000	189,900
	09-1309	300 Lighthouse Lane 3D1 3D1 Cedar Point, NC 28584	1,210	2	2	2007	Village at Magens Ba	4/22/2010	393	219,900	205,000
	08-4779	402 Shoreline Drive Cedar Point, NC 28584	1,694	3	2	1998	Crystal Shores	4/19/2010	542	299,900	290,000
	08-2788	5377 NC-24 Newport, NC 28570	2,158	3	2	1980	None	4/22/2010	691	225,000	215,000
	10-441	111 Wild Oak Drive Newport, NC 28570	1,767	3	2	2010	Bogue Bluff	3/30/2010	61	215,500	212,000
	09-4411	306 Coldwater Drive Swansboro, NC 28584	1,840	3	2	2009	Coldwater Creek	4/13/2010	180	219,900	215,000
	10-824	201 RIVER REACH Drive Swansboro, NC 28584	2,500	3	2	1991	River Reach	4/28/2010	71	349,900	325,000
	09-4107	224 WATER St S Swansboro, NC 28584	936	2	1	1901	Swansboro	4/15/2010	202	230,000	170,000
	09-3750	455 West Firetower Rd Swansboro, NC 28548	1,990	3	2	2005	Silver Creek	4/28/2010	239	229,900	215,000

Swansboro, Cedar Point, Cape Carteret Lands and Lots

April 2010

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	4	572,400	0	Low Avg High	64,500 143,100 318,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	14 192 686	8 185 686
Closed	4	407,600	321,500	Low Avg High	49,000 101,900 185,000	41,500 80,375 125,000	0.68 0.83 0.95	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	25 124 287	0 115 287
Overall	8	980,000	321,500	Low Avg High	49,000 122,500 318,000			0 0 0	0.00 0.00 0.00		14 158 686	0 150 686

Pending Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	10-2044	302 Pettiford Rd Cape Carteret, NC 28584	Cape Carteret	Pettiford Park	2	2.63	Yes		14	89,900	0
	10-1656	667 HUBERT Blvd Hubert, NC 28539	Hubert	None		4.90	No		36	100,000	0
	10-2116	212 Brittany Ln Stella, NC 28582	Stella	Forest Ridge	Lot 7	0.65	No		33	64,500	0
	08-3040	208 RIVER REACH Drive Swansboro, NC 28584	Swansboro	River Reach		0.80	Yes		686	318,000	0

Closed Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	09-2736	209 Bluewater Cove Cape Carteret, NC 28584	Cape Carteret	Bluewater Cove	43	0.36	No	4/9/2010	287	89,100	75,000
	08-5428	140 Forest Ridge Trail Stella, NC 28582	Stella	Forest Ridge	55	0.48	No	4/26/2010	25	84,500	80,000
	10-237	106 ELIZABETH WAY Swansboro, NC 28584	Swansboro	Elizabeth Way		1.31	Yes	4/15/2010	98	185,000	125,000
	10-243	121 RIVER REACH WEST Drive Swansboro, NC 28584	Swansboro	River Reach West	LOT 17	0.38	No	4/16/2010	87	49,000	41,500

Market Statistics Crystal Coast MLS Residential

April 2010

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	167	43,116,099	0	Low Avg High	34,900 258,180 2,600,000	0 0 0	0.00 0.00 0.00	528 1,758 5,800	13.96 146.62 735.29	0.00 0.00 0.00	11 173 1,117	11 215 1,309
Closed	118	25,443,799	24,284,796	Low Avg High	44,900 215,625 857,000	45,000 205,803 730,000	0.67 0.96 1.09	270 1,589 3,400	25.86 140.66 387.52	25.92 132.79 368.22	21 189 763	-14 202 763
Overall	285	68,559,898	24,284,796	Low Avg High	34,900 240,561 2,600,000			270 1,688 5,800	13.96 144.16 735.29		11 180 1,117	-14 210 1,309

Market Statistics Crystal Coast MLS Land and Lots

April 2010

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	19	2,775,000	0	Low Avg High	15,900 146,053 800,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	14 220 1,286	8 215 1,286
Closed	26	3,278,300	2,399,600	Low Avg High	15,000 126,088 850,000	8,100 92,292 600,000	0.28 0.76 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	0 191 1,384	-5 218 1,384
Overall	45	6,053,300	2,399,600	Low Avg High	15,000 134,518 850,000			0 0 0	0.00 0.00 0.00		0 204 1,384	-5 217 1,384

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 May 03 2010 19:10 GMT-0400 (Eastern Daylight Time)

Summary Market Report for Emerald Isle and the Crystal Coast NC for April 2010

Emerald Isle had 6 closed residential properties in Pebble Beach, Archers Creek, Bluewater Bay and 3 in an unincorporated location. The average sales price for the closed "homes for sale" in Emerald Isle in April of 2010 was $411,750, the low was $180,000 and the high was $605,000.

A total of 13 homes for sale went under pending status in April including Holly Point, Cape Emerald, Pebble Beach, Oakland Hills, Emerald Plantation, Jefferson Place, The Breakers, Sea Dunes (2), Columbus Square, and three in unincorporated locations.

Two listed land or lot for sale closed in Emerald Isle in April. A total of 1 under pending sale status in April in Emerald Isle.

The Swansboro, Cedar Point and Cape Carteret area had 12 sold properties in the following subdivisions: Coldwater Creek, Star Hill , Star Hill North(2), Crystal Shores, Buds Retreat, River Reach, Village at Magens Bay, Crystal Shores, Bogue Bluff, Swansboro, Silver Creek and 1 of the homes for sale closed in an unincorporated area. Cape Carteret had 3 of the closed properties, 4 for Swansboro, 3 for Cedar Point and 2 for Newport. The average sales price for April in the area was $240,567, the low was $170,000 and the high was $345,000.

In April, 17 properties went into the pending sales status located as follows: Quailwood Village, Star Hill, Star Hill North, White Oak Crossing, Silver Creek, Halls Creek North, Bayshore Park, Duck Crossing, Magens Bay, White Oak Bluff, Oyster Bay, Cedar Creek Woods, The Hammocks/Port Swansboro, Pirates Cove, River Reach, Edgewater Height and Silver Creek. The homes for sale that went under contract for sale were located in the subdivisions of Quailwood Village, Star Hill, Star Hill North, White Oak Crossing, Silver Creek, Halls Creek North, Bayshore Park, Duck Crossing, Magens Bay, White Oak Bluff, Oyster Bay, Cedar Creek Woods, The Hammocks/Port Swansboro, Pirates Cove, River Reach, Edgewater Height and Silver Creek.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in April 2010 reflected 4 pending sales and 4 closed sales in Swansboro.

The Crystal Coast MLS residential sales for April 2010 came in at 118 closed properties and 167 homes for sale that went under contract for sale. The average price for the SOLD properties was $215,625, the low was $44,900 and the high was $857,000.

Land and Lots for sale in the Crystal Coast MLS showed 26 closed sales with an average price of $92,292, a low price of $8,100 and the high being $600,000. There were also 19 land or lots for sale that went under contract pending status in the MLS this month.

Emerald Isle Carolina

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