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

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

Emerald Isle Residential - Market Statistics

October 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	12	5,230,425	0	Low Avg High	184,900 435,869 1,299,000	0 0 0	0.00 0.00 0.00	976 1,634 3,564	140.29 261.77 553.71	0.00 0.00 0.00	14 389 1,300
Closed	8	3,080,300	2,863,500	Low Avg High	249,900 385,038 750,000	240,000 357,938 660,000	0.88 0.94 1.00	800 1,716 3,500	137.79 247.12 348.75	123.57 232.88 324.38	102 374 621
Overall	20	8,310,725	2,863,500	Low Avg High	184,900 415,536 1,299,000			800 1,666 3,564	137.79 255.91 553.71		14 383 1,300

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
	10-3881	211 ABERLADY Ln A Emerald Isle, NC 28594	1,144	2	2	1998	Spinnakers Reach		82	269,900
	09-359	9201 Coast Guard Rd D-103 Emerald Isle, NC 28594	1,200	3	2	83	Pebble Beach		643	300,000
	10-1915	7409 Coral Ct Emerald Isle, NC 28594	1,288	3	2	1996	Archers Point		203	329,900
	07-2183	1511 Emerald Drive Emerald Isle, NC 28594	3,564	6	4	2005	The Sands		1,300	500,000
	10-929	412 Holly St Emerald Isle, NC 28594	1,244	3	2	1994	Ocean Forest		251	250,000
	09-2104	9929 Louise Howard Ct East Emerald Isle, NC 28594	1,950	3	3	1995	Spinnakers Reach		539	599,000
	10-2441	111 MYRTLE Drive Emerald Isle, NC 28594	1,456	3	3	1989	None		176	250,000
	10-4662	2512 Ocean Drive 16 A-2 Emerald Isle, NC 28594	976	2	2	1996	Ocean Reef		14	279,725
	09-5064	300 Osprey Ridge Drive 19 Emerald Isle, NC 28594	1,064	2	2.50	1992	Osprey Ridge		326	184,900
	10-1556	8801 Reed Drive 129 E Emerald Isle, NC 28594	1,200	4	2.50	1982	Sound Of The Sea		221	319,000
	10-3788	422 Sunrise Ct Emerald Isle, NC 28594	2,170	3	3	2010	Sunset Landing		88	649,000
	08-3668	10555 WYNDTREE Drive Emerald Isle, NC 28594	2,346	4	4	1978	Wyndtree		826	1,299,000

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
	09-1842	102 Barracuda Ct Emerald Isle, NC 28594	3,500	3	4	2005	Lands End	10/12/2010	533	750,000	660,000
	09-986	1109 Emerald Drive Emerald Isle, NC 28594	2,324	4	4	2005	None	10/22/2010	596	499,000	475,000
	10-703	407 EMERALD Circle Emerald Isle, NC 28594	2,104	3	2	1998	Emerald Plantation	9/28/2010	230	289,900	260,000
	10-3382	119 Jackson Ave Emerald Isle, NC 28594	1,700	3	3	1984	Jefferson Place	10/22/2010	102	324,000	300,000
	10-2913	1009 OCEAN Drive E Emerald Isle, NC 28594	952	3	2	1977	None	10/21/2010	134	279,500	279,000
	09-224	8801 Reed Drive 503 West Emerald Isle, NC 28594	800	1	1	1986	Sound Of The Sea	10/1/2010	621	279,000	259,500
	09-1372	8801 Reed Drive 103W Emerald Isle, NC 28594	800	1	1	1986	Sound Of The Sea	10/22/2010	574	249,900	240,000
	10-1262	129 Wyndward Ct Emerald Isle, NC 28594	1,544	3	2	1997	Wyndtree	10/1/2010	209	409,000	390,000

Emerald Isle Land & Lots - Market Statistics

October 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
Closed	1	159,000	125,000	Low Avg High	159,000 159,000 159,000	125,000 125,000 125,000	0.79 0.79 0.79	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	539 539 539
Overall	1	159,000	125,000	Low Avg High	159,000 159,000 159,000			0 0 0	0.00 0.00 0.00		539 539 539

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

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
	09-2062	5510 Emerald Drive Emerald Isle, NC 28594	Emerald Isle	None		0.17	No	10/27/2010	539	159,000	125,000

Swansboro, Cedar Point & Cape Carteret - Market Statistics

October 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	14	3,223,650	0	Low Avg High	159,900 230,261 535,000	0 0 0	0.00 0.00 0.00	1,164 1,852 3,082	92.31 129.00 292.67	0.00 0.00 0.00	13 203 767
Closed	14	2,755,900	2,631,800	Low Avg High	89,000 196,850 274,900	76,500 187,986 275,000	0.86 0.95 1.00	900 1,591 2,475	96.00 127.50 233.22	82.70 121.05 201.11	0 124 387
Overall	28	5,979,550	2,631,800	Low Avg High	89,000 213,555 535,000			900 1,722 3,082	92.31 128.25 292.67		0 164 767

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

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	08-4454	317 HOLLY Ln Cape Carteret, NC 28584	2,000	3	2.50	1968	None		767	189,900
	10-2003	146 Pine Lake Rd Cape Carteret, NC 28584	1,338	3	1.50	1972	Star Hill		199	159,900
	10-591	350 Star Hill Drive Cape Carteret, NC 28584	1,628	3	2	1997	Star Hill		270	189,900
	10-3515	105 TIFTON Circle Cape Carteret, NC 28584	2,491	4	2	2005	Star Hill North		173	255,000
	10-4655	115 Little Bay Drive Cedar Point, NC 28584	3,082	4	2	2010	Marsh Harbour		14	284,500
	10-4671	118 Little Bay Drive Cedar Point, NC 28584	3,002	4	3	2010	Marsh Harbour		13	279,250
	10-3608	402 SEALIFE Ct Newport, NC 28560	2,231	3	2	2010	Morada Bay		103	249,900
	10-3284	114 WILD OAK Rd Newport, NC 28570	1,588	3	2	2010	Bogue Bluff		118	191,700
	10-1822	203 Low Country Ln Swansboro, NC 28584	1,164	3	2	2010	Charleston Park		208	166,900
	10-3623	206 Low Country Ln Swansboro, NC 28584	1,418	3	2	2010	Charleston Park		98	179,900
	10-1820	405 Patriots Point Ln Swansboro, NC 28584	1,418	3	2	2010	Charleston Park		208	182,400
	10-602	413 Patriots Point Ln Swansboro, NC 28584	1,256	3	2	2010	Charleston Park		270	171,900
	10-2201	248 River Reach Swansboro, NC 28584	1,828	3	2	1988	River Reach		187	535,000
	10-1526	103 Ryan Glenn Drive Swansboro, NC 28584	1,488	3	2	2001	Deer Run		223	187,500

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

Photo	MLS #	Address	Aprox. Htd SqFt +/-	Total Bedrooms	Total Bathrooms	Year Built	Primary Subdivision	Sold Date	Days On Market	List Price	Sold Price
	10-4719	221 Palomino Ln Cape Carteret, NC 28584	1,400	3	2	2005	White Horse Ridge	10/25/2010	0	190,000	180,000
	10-3810	601 PELLETIER LOOP Rd M 79 Cape Carteret, NC 28584	1,250	2	2.50	2008	Silver Creek	9/2/2010	34	120,000	120,000
	10-3109	102 PINE Ct Cape Carteret, NC 28584	2,276	3	3	1994	Hunting Bay	10/28/2010	127	259,900	245,500
	10-3538	119 Cedardeen Drive Cedar Point, NC 28584	925	2	2	1984	Cedardeen	10/13/2010	85	89,000	76,500
	10-2521	107 Marsh Island Drive Cedar Point, NC 28584	2,017	3	3	2010	Marsh Harbour	10/14/2010	150	274,900	275,000
	10-3950	133 FRANKLIN Place Newport, NC 28570	1,214	3	2	2010	Lake Arthur Estate	10/15/2010	72	174,900	174,900
	09-5065	116 BONITA Ln Swansboro, NC 28584	1,815	3	2	1992	Oyster Bay	9/30/2010	289	244,500	222,000
	09-3922	650 CEDAR POINT Blvd C-13 Swansboro, NC 28584	900	2	2	1990	Cedar Point Villas	10/1/2010	387	209,900	181,000
	10-3624	119 Charleston Park Ln Swansboro, NC 28584	1,409	3	2	2010	Charleston Park	10/6/2010	71	179,900	179,900
	10-1660	333 Divot Ct Swansboro, NC 28584	1,897	3	2	2004	Silver Creek	10/8/2010	193	239,000	210,000
	10-4232	200 Landing Ct Swansboro, NC 28584	2,475	3	2	2006	Walnut Landing	10/13/2010	35	242,000	242,000
	10-3238	901 MAIN STREET Swansboro, NC 28584	1,320	3	2	2001	Deer Run	10/8/2010	98	167,000	165,000
	10-4031	652 Old Hammocks Rd Swansboro, NC 28584	2,276	4	2	2003	Old Hammocks	10/28/2010	64	244,900	240,000
	10-2723	601 Pelletier Loop Rd A5 Swansboro, NC 28584	1,100	2	2	2008	Silver Creek	10/14/2010	140	120,000	120,000

Swansboro, Cedar Point, Cape Carteret Lands and Lots

October 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	3	279,000	0	Low Avg High	89,000 93,000 95,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	281 433 510
Closed	1	125,000	100,000	Low Avg High	125,000 125,000 125,000	100,000 100,000 100,000	0.80 0.80 0.80	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	249 249 249
Overall	4	404,000	100,000	Low Avg High	89,000 101,000 125,000			0 0 0	0.00 0.00 0.00		249 387 510

Pending Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	10-382	119 Casey Court Cedar Point, NC 28584	Cedar Point	Crystal Shores		0.42	No		281	89,000
	09-2489	118 Castaway Cove Cedar Point, NC 28584	Cedar Point	Marsh Harbour	23	0.39	No		510	95,000
	09-2488	120 Castaway Cove Cedar Point, NC 28584	Cedar Point	Marsh Harbour	22	0.40	No		510	95,000

Closed Lot Listings

Photo	MLS #	Address	City	Primary Subdivision	Lot #	Total Acres	Waterfront (Y/N)	Sold Date	Days On Market	List Price	Sold Price
	10-652	0000 Plantation Ln Swansboro, NC 28584	Swansboro	Plantation Estate	L15A	2.65	No	10/15/2010	249	125,000	100,000

Market Statistics Crystal Coast MLS Residential

October 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	80	22,791,263	0	Low Avg High	58,900 284,891 1,299,000	0 0 0	0.00 0.00 0.00	928 1,892 6,900	28.70 152.66 553.71	0.00 0.00 0.00	10 226 1,394
Closed	92	24,086,328	22,067,331	Low Avg High	56,900 261,808 1,800,000	55,000 239,862 1,400,000	0.73 0.94 1.06	654 1,695 4,655	37.93 152.01 833.33	38.00 139.93 648.15	0 205 992
Overall	172	46,877,591	22,067,331	Low Avg High	56,900 272,544 1,800,000			654 1,787 6,900	28.70 152.31 833.33		0 215 1,394

Market Statistics Crystal Coast MLS Land and Lots

October 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	11	1,035,900	0	Low Avg High	45,000 94,173 229,000	0 0 0	0.00 0.00 0.00	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	26 281 638
Closed	23	2,776,999	2,263,472	Low Avg High	35,000 120,739 850,000	27,500 98,412 650,000	0.64 0.85 1.06	0 0 0	0.00 0.00 0.00	0.00 0.00 0.00	0 626 1,646
Overall	34	3,812,899	2,263,472	Low Avg High	35,000 112,144 850,000			0 0 0	0.00 0.00 0.00		0 515 1,646

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 Nov 02 2010 05:00 GMT-0400 (Eastern Daylight Time)

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

Emerald Isle had 8 closed residential properties in Lands End, Emerald Plantation, Jefferson Place, Sound of the Sea (2), Wyndtree and two in unincorporated locations. The average sales price for the closed "homes for sale" in Emerald Isle in October of 2010 was $357,938, the low was $240,000 and the high was $660,000.

A total of 12 homes for sale went under pending status in October including Spinnakers Reach (2), Pebble Beach, Archers Point, The Sands, Ocean Forest, Ocean Reef, Osprey Ridge, Sound of the Sea, Sunset Landing, Wyndtree and one in an unincorporated location.

One land or lot for sale closed in Emerald Isle in October. None went under pending sale status in October in Emerald Isle.

The Swansboro, Cedar Point and Cape Carteret area had 14 sold properties in the following subdivisions: White Horse Ridge, Silver Creek (3), Hunting Bay, Cedardeen, Marsh Harbour, Lake Arthur Estate, Oyster Bay, Cedar Point Villas, Charleston Park, Walnut Landing, Deer Run and Old Hammocks. Cape Carteret had 3 of the closed properties, 8 for Swansboro, 2 for Cedar Point and 1 for Newport. The average sales price for October in the area was $187,986, the low was $76,500 and the high was $275,000.

In October, 14 properties went into the pending sales status located as follows: Star Hill (2), Star Hill North, Marsh Harbour (2), Morada Bay, Bogue Bluff, Charleston Park (4), River Reach, Deer Run and 1 in an unincorporated location. The homes for sale that went under contract for sale were located in the subdivisions of Star Hill (2), Star Hill North, Marsh Harbour (2), Morada Bay, Bogue Bluff, Charleston Park (4), River Reach and Deer Run.

Lot and Land activity for the Swansboro, Cedar Point and Cape Carteret area in October 2010 reflected 3 pending sales and 1 closed sales in Swansboro.

The Crystal Coast MLS residential sales for October 2010 came in at 92 closed properties and 80 homes for sale that went under contract for sale. The average price for the SOLD properties was $239,862, the low was $55,000 and the high was $1,400,000.

Land and Lots for sale in the Crystal Coast MLS showed 23 closed sales with an average price of $98,412, a low price of $27,500 and the high being $650,000. There were also 11 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