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The Real World-

September 7, 2010

…the real estate world that is.

We thought you would be interested in a few neighborhood numbers and how those currently compare with New Hanover County and similar national comparisons.

Bayshore Estates-There are currently 13 active listings in the neighborhood with the average list price of $280,223. These listings are averaging 220 days on the market. Since last September, 22 houses have sold in Bayshore Estates with the average sales price of $258,868.

New Hanover County-During the month of August, there were 428 listings added to the MLS (multiple listing service) and 229 sales with the average of 135 days on the market. The average sales price in New Hanover County in August was $278,068.

National level-Latest existing home sales information is from July showing sales falling but prices rising according to the National Association of Realtors. Existing home sales dropped 27.2% in July. Sales are at the lowest level since the total existing home sales series was launched in 1999 and single family sales-accounting for the bulk of the transactions are at the lowest level since May 1995. Nationwide, the median existing single-family home price was $183,400. Over the short term, high supply in relation to demand clearly favors buyers.

What do you think is needed more-another home buyer tax credit or improvements in the job market?

8 comments

  1. Who is in charge of this page? It hasn’t been updated in a while. Is this open to the owners in Bayshore to comment?


    • Wish I knew also. I’d like to know when the Bayshore Estates yard sale 2012 is going to be and also I’d like to know from other Bayshore homeowners if their property revaluation took a serious dive like mine did.


  2. Doesn’t look like there is much activity on this page.


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  4. It is actually a nice and useful piece of information.

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    • Looks like this is a really old posting. Would it be possible for it to be updated. Also would be good to put on bayshoreestatesnc.nextdoo.com. There seems to be more recent neighborhood activity on it.


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  6. Will wychodzi z więzienia po eight latach odsiadki za napad na bank.
    Niestety jego córka zostaje porwana przez byłych wspólników.



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