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

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

Emerald Isle Residential - Market Statistics

May 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
Pending	17	8,784,500	0	Low Avg High	135,000 516,735 2,425,000	0 0 0	0.00 0.00 0.00	420 1,709 5,320	128.45 284.31 455.83	0.00 0.00 0.00	12 279 883
Closed	17	6,530,300	5,992,700	Low Avg High	98,200 384,135 725,000	98,200 352,512 685,000	0.76 0.93 1.00	425 1,762 4,000	99.52 238.14 400.33	95.87 221.31 378.24	0 234 562
Overall	34	15,314,800	5,992,700	Low Avg High	98,200 450,435 2,425,000			420 1,736 5,320	99.52 261.22 455.83		0 256 883

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
	10-6	115 Black Skimmer Rd Emerald Isle, NC 28594	1,150	4	1.50	1977	Surf Side		151	299,000
	10-582	9201 Coast Guard Rd G305 Emerald Isle, NC 28594	420	0	1	1985	Pebble Beach		121	135,000
	08-5315	9201 Coast Guard Rd H 104 Emerald Isle, NC 28584	640	1	1.50	1985	Pebble Beach		534	165,000
	10-1391	9201 COAST GUARD Rd H 102 Emerald Isle, NC 28594	612	1	1	1985	Pebble Beach		77	169,900
	10-174	111 FAWN Drive Emerald Isle, NC 28594	1,160	3	2	1983	Deerhorn Dunes		142	449,000
	09-2228	5501 Fredeen Ct Emerald Isle, NC 28594	1,684	3	2	2000	None		379	319,000
	09-4331	300 Friendship Ct Emerald Isle, NC 28594	1,592	3	2	1998	Spinnakers Reach		234	580,000
	09-1827	112 GULFSTREAM Drive Emerald Isle, NC 28594	2,000	3	2	1997	Lands End		403	525,000
	10-347	4004 Leslie Lane Emerald Isle, NC 28594	1,750	4	3	1975	None		131	589,000
	10-58	213 North Shorewood Drive Emerald Isle, NC 28594	1,344	3	2	1997	Shorewood		148	339,000
	08-204	7605 Ocean Drive East Emerald Isle, NC 28594	2,324	3	3	1986	Ocean Forest		875	699,900
	09-4638	3007 OCEAN Drive Emerald Isle, NC 28594	5,320	6	7	2004	South Beach		210	2,425,000
	10-747	109 PAGE Place Emerald Isle, NC 28594	1,700	3	2	1996	Ocean Oaks		112	535,000
	08-31	106 PAGE PL Emerald Isle, NC 28594	1,550	3	2	1986	Ocean Oaks		883	439,900
	09-3207	203 Pompano Drive Emerald Isle, NC 28594	1,734	3	2	1985	Lands End		310	399,900
	10-2602	9918 SHIPWRECK Ln WEST Emerald Isle, NC 28594	2,361	4	3	1996	Spinnakers Reach		12	495,000
	10-2448	8501 Sound Drive Emerald Isle, NC 28594	1,712	3	2	1999	None		21	219,900

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
	10-1308	416 BOGUE INLET Drive Emerald Isle, NC 28594	1,344	3	2	1994	Holly Point	5/26/2010	61	389,000	361,000
	09-3365	7119 Canal Drive Emerald Isle, NC 28594	1,850	3	3	1996	Archers Point	4/30/2010	270	439,000	390,000
	08-4681	9201 Coast Guard Rd F 305 Emerald Isle, NC 28594	425	0	1	1985	Pebble Beach	4/30/2010	562	98,200	98,200
	09-1877	9201 COAST GUARD Rd D204 Emerald Isle, NC 28594	1,120	3	2	1983	Pebble Beach	5/21/2010	387	371,500	350,000
	10-419	9201 COAST GUARD Rd C207 Emerald Isle, NC 28594	1,200	3	2	1983	Pebble Beach	5/27/2010	121	329,900	297,000
	09-1226	214 E Shorewood Drive Emerald Isle, NC 28594	1,847	3	2	1998	Shorewood	5/14/2010	424	378,000	369,000
	09-2249	6809 Emerald Drive Emerald Isle, NC 28594	1,792	3	3	2004	None	4/30/2010	343	385,000	347,500
	09-4996	6803 EMERALD Drive Emerald Isle, NC 28594	4,000	5	6.50	2007	Shell Cove	4/30/2010	148	699,900	530,000
	10-1677	7213 EMERALD Drive Emerald Isle, NC 28594	2,712	3	3	1981	Oakland Hills	5/24/2010	55	269,900	260,000
	10-2440	6813 EMERALD Emerald Isle, NC 28594	3,464	4	3	2006	Columbus Square	5/11/2010	0	485,000	485,000
	09-2456	146 Fawn Drive Emerald Isle, NC 28594	1,123	3	2	1985	Deerhorn Dunes	5/25/2010	351	299,000	285,000
	09-1700	505 OCEAN Drive Emerald Isle, NC 28594	1,811	3	3	1989	None	5/13/2010	392	725,000	685,000
	09-4832	111 Santa Maria Drive Emerald Isle, NC 28594	1,441	3	2	1977	Columbus Square	5/21/2010	183	395,000	375,000
	09-2890	202 Sea Gull Rd Emerald Isle, NC 28594	1,950	3	2	1984	Surf Side	5/7/2010	309	359,900	320,000
	10-1765	119 SHORERUSH Drive Emerald Isle, NC 28594	1,152	3	2	1977	None	5/27/2010	51	375,000	355,000
	09-4322	400 SPELL Drive Emerald Isle, NC 28594	980	2	2	1997	None	5/27/2010	230	212,000	195,000
	10-146	5405 SUNSET Ln Emerald Isle, NC 28594	1,745	3	2	1984	None	4/30/2010	105	319,000	290,000

Emerald Isle Land & Lots - Market Statistics

May 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
Pending	1	295,000	0	Low Avg High	295,000 295,000 295,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	786 786 786
Closed	1	149,900	145,000	Low Avg High	149,900 149,900 149,900	145,000 145,000 145,000	0.97 0.97 0.97	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	1,287 1,287 1,287
Overall	2	444,900	145,000	Low Avg High	149,900 222,450 295,000			0 0 0	0.00 0.00 0.00		786 1,036 1,287

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
	08-1944	103 Mangrove Blvd Emerald Isle, NC 28594	Emerald Isle	None	1	0.20	No		786	295,000

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
	06-5714	#2 Sunset Landing Ct Emerald Isle, NC 28594	Emerald Isle	Sunset Landing	2	0.29	No	5/5/2010	1,287	149,900	145,000

Swansboro, Cedar Point & Cape Carteret - Market Statistics

May 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
Pending	16	4,355,350	0	Low Avg High	130,900 272,209 624,950	0 0 0	0.00 0.00 0.00	1,216 2,009 3,700	102.01 132.37 253.57	0.00 0.00 0.00	5 130 567
Closed	15	3,661,600	3,537,974	Low Avg High	99,900 244,107 470,000	99,900 235,865 450,000	0.83 0.97 1.05	1,080 1,986 3,100	46.95 122.66 220.76	46.95 118.27 211.37	54 194 555
Overall	31	8,016,950	3,537,974	Low Avg High	99,900 258,611 624,950			1,080 1,998 3,700	46.95 127.67 253.57		5 161 567

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

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	10-2434	315 Appaloosa Ct Cape Carteret, NC 28584	1,383	3	2	2006	White Horse Ridge		22	165,000
	09-4427	404 LOMA LINDA Drive Cape Carteret, NC 28584	2,016	3	2	1988	None		228	279,000
	09-4259	301 SOUNDVIEW Ct Cape Carteret, NC 28584	2,072	3	2	2001	None		240	249,900
	09-1947	442 Star Hill Drive Cape Carteret, NC 28584	2,340	3	2	2002	Star Hill		394	269,000
	10-2037	133 Tifton Circle Cape Carteret, NC 28584	2,179	4	2.50	2010	Star Hill North		42	275,000
	10-1872	131 WHITE HERON Ln Cape Carteret, NC 28584	3,700	3	3	2005	Bluewater Cove		53	624,950
	10-1722	104 Marsh Island Drive Cedar Point, NC 28594	1,701	3	2	2010	Marsh Harbour		61	233,900
	10-1531	162 LONGWOOD Drive Stella, NC 28528	2,989	4	3	2006	White Oak Landing		69	304,900
	09-4271	186 4H Camp Rd Swansboro, NC 28584	2,117	3	2	2004	Swans Bluff		238	294,900
	10-2589	803 N DOGWOOD Ln Swansboro, NC 28584	1,216	3	2	1986	Swansboro Heights		13	130,900
	10-1790	108 Forest Ln Swansboro, NC 28584	2,477	5	3	2007	ForestBrook		56	295,000
	10-2769	800 HUMMINGBIRD N Swansboro, NC 28584	1,550	2	2	2006	The Villages at Swan		5	172,000
	10-2647	410 Patriots Point Ln Swansboro, NC 28584	1,418	3	2	2010	Charleston Park		12	179,900
	10-1481	720 PINELAND Drive W Swansboro, NC 28584	1,262	4	1.50	1963	Swansboro Heights		74	132,000
	09-3238	209 River Reach Drive Swansboro, NC 28584	1,555	3	2	1988	River Reach		567	199,000
	10-2587	413 Water St Swansboro, NC 28584	2,169	3	3.50	1994	Edgewater Height		15	550,000

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

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	10-901	204 Covey Ct Cape Carteret, NC 28584	1,875	3	2	2010	Quailwood Village	5/27/2010	93	229,900	229,900
	10-1446	220 LEJEUNE Rd Cape Carteret, NC 28584	1,904	3	2	2000	Bayshore Park	5/11/2010	54	239,900	215,000
	09-915	107 Silver Lake Ct Cape Carteret, NC 28584	2,080	3	2	1998	Silver Lake	5/11/2010	435	299,900	280,000
	10-631	278 STAR HILL Drive Cape Carteret, NC 28584	1,962	3	2	1995	Star Hill	5/17/2010	101	288,900	280,000
	10-3	3872 Freedom Way Hubert, NC 28539	2,200	2	3	1986	None	5/24/2010	143	168,500	177,500
	10-195	387 BARRINGTON Newport, NC 28570	1,798	3	2.50	2010	Lake Arthur Estate	5/4/2010	108	220,900	215,000
	09-5020	106 Wild Oak Drive Newport, NC 28570	1,800	3	2	2010	Bogue Bluff	5/26/2010	167	209,000	217,774
	10-500	110 Cormorant Drive Swansboro, NC 28584	2,532	3	2	2010	Halls Creek North	5/14/2010	103	280,900	280,900
	10-2604	120 HIDDEN CREEK Swansboro, NC 28584	2,128	4	2	2001	Swansboro Landing	5/17/2010	75	99,900	99,900
	10-264	622 Ocean Spray Drive Swansboro, NC 28584	1,470	3	2	2006	Ocean Spray	5/21/2010	122	169,900	167,000
	10-768	55 PIRATES COVE Drive Swansboro, NC 28584	1,080	2	2.50	2001	Pirates Cove	5/13/2010	90	125,000	125,000
	09-3178	222 River Reach Drive Swansboro, NC 28584	2,129	3	2	1988	River Reach	5/27/2010	307	470,000	450,000
	09-3364	501 SABISTON Drive Swansboro, NC 28584	1,328	3	2	1940	Swansboro	5/6/2010	276	169,000	140,000
	08-4852	631 White Oak Crossing Swansboro, NC 28584	2,400	3	3.50	1995	White Oak Crossing	5/7/2010	555	260,000	245,000
	09-3466	700 White Oak Crossing Swansboro, NC 28584	3,100	4	3	2005	White Oak Crossing	5/28/2010	291	429,900	415,000

Swansboro, Cedar Point, Cape Carteret Lands and Lots

May 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
Pending	2	249,800	0	Low Avg High	49,900 124,900 199,900	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	99 486 874
Closed	2	118,800	98,900	Low Avg High	28,900 59,400 89,900	28,900 49,450 70,000	0.78 0.89 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	31 246 461
Overall	4	368,600	98,900	Low Avg High	28,900 92,150 199,900			0 0 0	0.00 0.00 0.00		31 366 874

Pending Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	08-661	411 PLANTATION Ln S Swansboro, NC 28584	Swansboro	Plantation Estate		3	Yes		874	199,900
	10-928	303 Swann Ct Swansboro, NC 28584	Swansboro	None		0.25	No		99	49,900

Closed 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	5/21/2010	31	89,900	70,000
	09-570	362 Old Church Rd Rd Swansboro, NC 28584	Swansboro	None		0.50	No	5/17/2010	461	28,900	28,900

Market Statistics Crystal Coast MLS Residential

May 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
Pending	131	35,032,830	0	Low Avg High	31,930 267,426 2,425,000	0 0 0	0.00 0.00 0.00	1 1,747 5,320	17.92 1,449.62 170,000.00	0.00 0.00 0.00	5 187 1,057
Closed	136	32,986,358	31,231,718	Low Avg High	34,900 242,547 745,000	34,000 229,645 685,000	0.76 0.95 1.08	425 1,751 4,323	13.96 142.59 400.33	13.60 135.16 378.24	0 210 1,123
Overall	267	68,019,188	31,231,718	Low Avg High	31,930 254,754 2,425,000			1 1,749 5,320	13.96 783.87 170,000.00		0 199 1,123

Market Statistics Crystal Coast MLS Land and Lots

May 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
Pending	21	2,479,400	0	Low Avg High	15,900 118,067 599,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	13 326 1,427
Closed	28	2,870,780	2,404,696	Low Avg High	15,900 102,528 700,000	14,200 85,882 700,000	0.24 0.83 1.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	0 203 1,287
Overall	49	5,350,180	2,404,696	Low Avg High	15,900 109,187 700,000			0 0 0	0.00 0.00 0.00		0 255 1,427

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 Jun 02 2010 06:00 GMT-0400 (Eastern Daylight Time)

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

Emerald Isle had 17 closed residential properties in Holly Point, Archers Point, Pebble Beach (3), Shorewood, Shell Cove, Oakland Hills, Columbus Square (2), Deerhorn Dunes, Surf Side, and five in an unincorporated location. The average sales price for the closed "homes for sale" in Emerald Isle in May of 2010 was $352,512, the low was $98,200 and the high was $685,000.

A total of 17 homes for sale went under pending status in May including Pebble Beach (3), Surf Side, Deerhorn Dunes, Spinnakers Reach (2), Lands End (2), Shorewood, Ocean Forest, South Beach, Ocean Oaks (2), and three in unincorporated locations.

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

The Swansboro, Cedar Point and Cape Carteret area had 15 sold properties in the following subdivisions: Star Hill, River Reach, Bogue Bluff, Swansboro, Quailwood Village, Bayshore Park, Silver Lake, Lake Arthur Estate, Halls Creek North, Swansboro Landing, Ocean Spray, Pirates Cove, White Oak Crossing (2), and 1 of the homes for sale closed in an unincorporated area. Cape Carteret had 4 of the closed properties, 8 for Swansboro, 1 for Hubert and 2 for Newport. The average sales price for May in the area was $235,865, the low was $99,900 and the high was $450,000.

In May, 17 properties went into the pending sales status located as follows: White Horse Ridge, Star Hill, Star Hill North, Bluewater Cove, Marsh Harbour, White Oak Landing, Swans Bluff, Swansboro Heights (2), Forest Brook, The Villages at Swansboro, Charleston Park, River Reach, Edgewater Height, and 2 in an unincorporated location. The homes for sale that went under contract for sale were located in the subdivisions of White Horse Ridge, Star Hill, Star Hill North, Bluewater Cove, Marsh Harbour, White Oak Landing, Swans Bluff, Swansboro Heights (2), Forest Brook, The Villages at Swansboro, Charleston Park, River Reach, and Edgewater Height.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in May 2010 reflected 2 pending sales and 2 closed sales in Swansboro.

The Crystal Coast MLS residential sales for May 2010 came in at 136 closed properties and 131 homes for sale that went under contract for sale. The average price for the SOLD properties was $229,645, the low was $34,000 and the high was $685,000.

Land and Lots for sale in the Crystal Coast MLS showed 28 closed sales with an average price of $85,882, a low price of $14,200 and the high being $700,000. There were also 21 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