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

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

Emerald Isle Residential - Market Statistics

March 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	9	4,036,100	0	Low Avg High	189,900 448,456 699,000	0 0 0	0.00 0.00 0.00	1,431 2,263 4,045	132.70 199.67 274.23	0.00 0.00 0.00	46 233 590	41 349 833
Closed	13	7,443,100	6,502,000	Low Avg High	194,900 572,546 1,795,000	156,000 500,154 1,475,000	0.80 0.88 0.98	600 1,754 4,982	167.58 327.63 499.93	159.48 288.35 448.63	57 401 938	58 534 1,874
Overall	22	11,479,200	6,502,000	Low Avg High	189,900 521,782 1,795,000			600 1,962 4,982	132.70 275.29 499.93		46 332 938	41 459 1,874

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
	08-4204	108 Azure Drive Emerald Isle, NC 28594	1,878	4	3	1996	Bluewater Bay		590	515,000	0
	09-4696	302 Barnes St Emerald Isle, NC 28594	1,431	3	2	1999	None		146	189,900	0
	09-3365	7119 Canal Drive Emerald Isle, NC 28594	1,850	3	3	1996	Archers Point		244	439,000	0
	09-2249	6809 Emerald Drive Emerald Isle, NC 28594	1,792	3	3	2004	None		317	385,000	0
	09-1813	9703 Green Glen Rd Emerald Isle, NC 28594	2,800	4	3	2004	Dolphin Ridge		348	574,900	0
	10-820	2410 Ocean Drive Emerald Isle, NC 28594	2,880	4	4.50	2003	None		46	554,400	0
	10-888	9706 Poseidon Rd Emerald Isle, NC 28594	4,045	4	5	2006	Dolphin Ridge		54	699,000	0
	09-2890	202 Sea Gull Rd Emerald Isle, NC 28594	1,950	3	2	1984	Surf Side		276	359,900	0
	10-146	5405 SUNSET Ln Emerald Isle, NC 28594	1,745	3	2	1984	None		79	319,000	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
	09-3772	7208 ARCHERS CREEK Drive Emerald Isle, NC 28594	2,088	3	2	1995	Archers Point	3/15/2010	195	349,900	333,000
	09-4941	110 AZURE Drive Emerald Isle, NC 28594	1,302	3	2	1986	Bluewater Bay	3/2/2010	103	399,000	350,000
	09-4444	7201 CANAL Drive Emerald Isle, NC 28594	1,050	2	2	1979	Archers Point	3/25/2010	157	239,000	204,500
	08-4012	9201 Coast Guard Rd I 111 Emerald Isle, NC 28594	600	1	1	1985	Pebble Beach	2/26/2010	553	194,900	156,000
	08-874	2210 EMERALD DR Emerald Isle, NC 28594	1,460	3	3.50	1992	None	3/29/2010	772	729,900	655,000
	09-683	10529 Island Circle Emerald Isle, NC 28594	2,368	3	3	2006	The Point	3/4/2010	378	579,000	499,000
	09-3136	1602 Ocean Drive E & W Emerald Isle, NC 28594	1,800	6	4	1974	None	3/12/2010	235	499,000	432,000
	09-1489	9312 Ocean Dr Emerald Isle, NC 28594	1,350	4	2	1978	Deerhorn Dunes	3/29/2010	360	625,000	560,000
	08-521	4807 OCEAN Drive Emerald Isle, NC 28594	4,982	5	6	2005	None	3/19/2010	779	1,795,000	1,475,000
	09-1492	120 Pinewood Place Emerald Isle, NC 28594	1,196	3	2	1991	Ocean Oaks	3/29/2010	376	379,500	330,000
	07-4454	105 Rhett St Emerald Isle, NC 28594	1,314	3	2	1984	None	3/5/2010	938	398,900	390,000
	10-284	105 SCOTCH BONNET Drive Emerald Isle, NC 28594	1,440	3	2	1994	None	3/19/2010	57	579,000	510,000
	09-2167	7212 Sound Drive Emerald Isle, NC 28594	1,850	3	3	1982	Archers Point	3/26/2010	315	675,000	607,500

Emerald Isle Land & Lots - Market Statistics

March 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	139,000	0	Low Avg High	139,000 139,000 139,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	40 40 40	40 40 40
Overall	1	139,000	0	Low Avg High	139,000 139,000 139,000			0 0 0	0.00 0.00 0.00		40 40 40	40 40 40

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
	10-896	7203 SOUND Drive Emerald Isle, NC 28594	Emerald Isle	Archers Point		0.32	No		40	139,000	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

Swansboro, Cedar Point & Cape Carteret - Market Statistics

March 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	4,143,700	0	Low Avg High	164,900 243,747 345,000	0 0 0	0.00 0.00 0.00	1,164 1,956 2,532	108.33 125.11 147.25	0.00 0.00 0.00	8 149 522	5 148 520
Closed	20	5,323,399	5,001,810	Low Avg High	69,900 266,170 599,000	71,010 250,090 470,000	0.78 0.96 1.02	1,250 2,025 3,484	47.94 129.81 233.53	48.70 122.47 208.33	0 256 926	-5 319 927
Overall	37	9,467,099	5,001,810	Low Avg High	69,900 255,868 599,000			1,164 1,993 3,484	47.94 127.65 233.53		0 207 926	-5 240 927

Pending Homes for Sale Swansboro, Cedar Point, Cape Carteret
March 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		26	345,000	0
	10-713	343 Bahia St Cape Carteret, NC 28584	2,175	4	2.50	2010	Star Hill North		52	269,900	0
	10-901	204 Covey Ct Cape Carteret, NC 28584	1,875	3	2	2010	Quailwood Village		40	229,900	0
	09-915	107 Silver Lake Ct Cape Carteret, NC 28584	2,080	3	2	1998	Silver Lake		398	299,900	0
	10-631	278 STAR HILL Drive Cape Carteret, NC 28584	1,962	3	2	1995	Star Hill		58	288,900	0
	10-1508	127 Tifton Circle Cape Carteret, NC 28584	2,179	4	2.50	2010	Star Hill North		12	269,900	0
	09-1545	132 Tifton Circle Cape Carteret, NC 28584	2,328	4	2	2005	Star Hill North		361	269,900	0
	09-2059	103 EMMA Ct Cedar Point, NC 28584	1,850	3	3	1998	Buds Retreat		332	235,000	0
	10-195	387 BARRINGTON Newport, NC 28570	1,798	3	2.50	2010	Lake Arthur Estate		78	220,900	0
	09-5020	106 Wild Oak Drive Newport, NC 28570	1,800	3	2	2010	Bogue Bluff		115	209,000	0
	10-1646	303 Battery Park Ct Swansboro, NC 28584	1,409	3	2	2010	Charleston Park		8	179,900	0
	10-1524	305 Battery Park Ct Swansboro, NC 28584	1,164	3	2	2010	Charleston Park		11	164,900	0
	09-4411	306 Coldwater Drive Swansboro, NC 28584	1,840	3	2	2009	Coldwater Creek		171	219,900	0
	10-500	110 Cormorant Drive Swansboro, NC 28584	2,532	3	2	2010	Halls Creek North		63	280,900	0
	10-264	622 Ocean Spray Drive Swansboro, NC 28584	1,470	3	2	2006	Ocean Spray		75	169,900	0
	09-3750	455 West Firetower Rd Swansboro, NC 28548	1,990	3	2	2005	Silver Creek		215	229,900	0
	08-4852	631 White Oak Crossing Swansboro, NC 28584	2,400	3	3.50	1995	White Oak Crossing		522	260,000	0

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

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	09-4522	110 Apollo Drive Cape Carteret, NC 28584	2,150	3	3	1998	Star Hill	3/23/2010	151	310,000	305,000
	07-4635	402 Ardan Oaks Cir Cape Carteret, NC 28584	2,700	4	3	2007	Ardan Oaks	3/5/2010	926	425,000	375,000
	09-4325	125 BOBWHITE Circle Cape Carteret, NC 28584	1,840	3	2	2009	Quailwood Village	3/15/2010	156	229,900	225,000
	08-4333	606 Bridle Ct Cape Carteret, NC 28584	1,253	3	2	2004	White Horse Ridge	3/31/2010	561	168,000	148,000
	10-1195	211 Echo Ridge Cape Carteret, NC 28584	1,628	3	2	2007	None	2/26/2010	0	169,900	165,000
	09-1779	310 Holly Ln Cape Carteret, NC 28584	1,728	3	2	1962	None	3/19/2010	331	249,000	238,000
	10-77	511 Quail wood Ct Cape Carteret, NC 28584	2,108	4	3	2005	Star Hill North	3/17/2010	70	249,000	250,000
	09-4722	113 Tifton Circle Cape Carteret, NC 28584	2,179	4	2.50	2009	Star Hill North	3/19/2010	127	269,900	269,900
	09-4045	102 Beach Haven Cove Cedar Point, NC 28584	3,484	4	3	1996	Crystal Shores	3/22/2010	181	399,900	375,000
	10-1250	119 Buds Ln Cedar Point, NC 28584	1,572	3	2	1997	Buds Retreat	3/4/2010	9	225,000	225,000
	09-3593	3864 FREEDOM Way Hubert, NC 28539	1,620	3	2	2006	None	1/13/2010	147	211,900	200,000
	09-2379	107 Melissa Ln Hubert, NC 28539	1,250	3	2	1995	Mill Bridge Estate	3/1/2010	273	99,900	99,900
	09-3443	208 Brook Crossing Swansboro, NC 28574	2,512	3	2	2009	ForestBrook	3/25/2010	230	249,900	242,000
	10-120	304 Coldwater Drive Swansboro, NC 28584	1,900	3	2	2010	Coldwater Creek	3/26/2010	73	229,900	215,000
	10-498	112 Cormorant Drive Swansboro, NC 28584	2,669	3	2.50	2010	Halls Creek North	3/22/2010	50	288,500	288,500
	09-4816	113 Cormorant Drive Swansboro, NC 28584	2,767	3	2.50	2009	Halls Creek North	3/19/2010	119	298,900	296,000
	08-1699	126 Dr Corbett Rd Swansboro, NC 28584	2,565	3	2.50	1986	None	3/30/2010	728	599,000	470,000
	08-5194	208 Morning Star Drive N Swansboro, NC 28584	1,320	2	2	2004	The Villages at Swan	3/1/2010	454	179,900	168,500
	08-5307	214 River Reach Drive Swansboro, NC 28584	1,800	3	2	1988	River Reach	3/22/2010	462	399,999	375,000
	09-5123	102 Star Fish Ln Swansboro, NC 28584	1,458	3	2	1993	None	3/12/2010	84	69,900	71,010

Swansboro, Cedar Point, Cape Carteret Lands and Lots

March 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	7	652,100	0	Low Avg High	45,000 93,157 289,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	7 213 1,017	6 209 1,017
Closed	4	280,697	247,000	Low Avg High	45,000 70,174 133,697	43,500 61,750 110,000	0.82 0.91 0.97	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	13 86 271	3 83 271
Overall	11	932,797	247,000	Low Avg High	45,000 84,800 289,000			0 0 0	0.00 0.00 0.00		7 167 1,017	3 163 1,017

Pending Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	07-3603	207 Bayside Dr Cape Carteret, NC 28584	Cape Carteret	Cape Point	25	0.46	Yes		1,017	289,000	0
	09-2736	209 Bluewater Cove Cape Carteret, NC 28584	Cape Carteret	Bluewater Cove	43	0.36	No		282	89,100	0
	10-1593	114 LITTLE BAY Drive Cedar Point, NC 28584	Cedar Point	Marsh Harbour	60	0.47	No		7	58,000	0
	10-1009	206 Marsh Island Rd Cedar Point, NC 28584	Cedar Point	Marsh Harbour		0.28	No		43	57,000	0
	10-1019	200 MARSH ISLAND Rd Cedar Point, NC 28584	Cedar Point	Marsh Harbour	46	0.31	No		43	57,000	0
	10-1014	204 MARSH ISLAND Rd Cedar Point, NC 28584	Cedar Point	Marsh Harbour	44	0.28	No		43	57,000	0
	10-572	448 Woodland Drive Swansboro, NC 28584	Swansboro	Hadnot Creek		0.38	No		59	45,000	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
	09-2746	132 White Heron Lane Cape Carteret, NC 38584	Cape Carteret	Bluewater Cove	27	0.36	No	3/24/2010	271	133,697	110,000
	10-1017	202 MARSH ISLAND Rd Cedar Point, NC 28584	Cedar Point	Marsh Harbour	45	0.28	No	3/5/2010	13	57,000	50,000
	10-565	444 Woodland Drive Swansboro, NC 28584	Swansboro	Hadnot Creek		0.62	No	3/4/2010	30	45,000	43,500
	10-566	446 Woodland Drive Swansboro, NC 28584	Swansboro	Hadnot Creek		0.78	No	3/4/2010	30	45,000	43,500

Market Statistics Crystal Coast MLS Residential

March 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	137	31,473,207	0	Low Avg High	41,900 229,731 745,000	0 0 0	0.00 0.00 0.00	328 1,814 4,323	49.29 128.08 387.52	0.00 0.00 0.00	8 154 852	5 187 1,066
Closed	122	34,494,040	31,860,927	Low Avg High	29,900 282,738 1,795,000	24,500 261,155 1,475,000	0.75 0.94 1.08	600 1,772 4,982	25.43 159.20 499.93	20.83 147.13 448.63	0 237 1,110	-5 266 1,874
Overall	259	65,967,247	31,860,927	Low Avg High	29,900 254,700 1,795,000			328 1,794 4,982	25.43 142.74 499.93		0 193 1,110	-5 224 1,874

Market Statistics Crystal Coast MLS Land and Lots

March 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	30	2,835,400	0	Low Avg High	21,000 94,513 319,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	7 202 1,017	6 236 1,017
Closed	16	1,535,497	919,900	Low Avg High	21,000 95,969 250,000	19,000 57,494 224,000	0.21 0.69 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	13 451 1,301	3 572 1,841
Overall	46	4,370,897	919,900	Low Avg High	21,000 95,020 319,000			0 0 0	0.00 0.00 0.00		7 289 1,301	3 353 1,841

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 Mar 04 2010 09:10 GMT-0400 (Eastern Daylight Time)

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

Emerald Isle had 13 closed residential properties in Pebble Beach, Ocean Oaks, Archers Point (3), Bluewater Bay, The Point, Deerhorn Dunes and 5 in an unincorporated location. The average sales price for the closed "homes for sale" in Emerald Isle in March of 2010 was $500,154, the low was $156,000 and the high was $1,475,000.

A total of 9 homes for sale went under pending status in March including Archers Point, Surf Side, Bluewater Bay, Dolphin Ridge (2) and four in unincorporated locations.

No listed land or lot for sale closed in Emerald Isle in March. A total of 1 under pending sale status in March in Emerald Isle.

The Swansboro, Cedar Point and Cape Carteret area had 20 sold properties in the following subdivisions: Coldwater Creek, Star Hill , Star Hill North(2), The Villages at Swansboro, Ardan Oaks, Quailwood Village, White Horse Ridge, Crystal Shores, Buds Retreat, Mill Bridge Estate, Forest Brook, Halls Creek North (2), River Reach, and 5 of the homes for sale closed in an unincorporated area. Cape Carteret had 8 of the closed properties, 8 for Swansboro, 2 for Cedar Point and 2 for Hubert. The average sales price for March in the area was $250,090, the low was $71,010 and the high was $470,000.

In March 17 properties went into the pending sales status located as follows: Quailwood Village, Star Hill (2), Star Hill North (3), Bogue Bluff, White Oak Crossing, Silver Lake, Buds Retreat, Lake Arthur Estate, Charleston Park (2), Coldwater Creek, Halls Creek North, Ocean Spray, and Silver Creek. The homes for sale that went under contract for sale were located in the subdivisions of Quailwood Village, Star Hill (2), Star Hill North (3), Bogue Bluff, White Oak Crossing, Silver Lake, Buds Retreat, Lake Arthur Estate, Charleston Park (2), Coldwater Creek, Halls Creek North, Ocean Spray, and Silver Creek.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in March 2010 reflected 7 pending sales and 4 closed sales in Swansboro.

The Crystal Coast MLS residential sales for March 2010 came in at 122 closed properties and 137 homes for sale that went under contract for sale. The average price for the SOLD properties was $261,155, the low was $24,500 and the high was $1,475,000.

Land and Lots for sale in the Crystal Coast MLS showed 16 closed sales with an average price of $57,494, a low price of $19,000 and the high being $224,000. There were also 30 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