2019 Home Sales in the Lower Cape Fear Area
Recap of Southport, Oak Island, Boiling Spring Lakes,
St. James Plantation and Caswell Beach.
2019 started with a slowdown in home sales activity. Significantly fewer homes sold through the first six months of the year. That changed in the last six months as many more units were sold, and at a faster pace. In the areas I work, 1113 single-family homes sold in 2019, exactly the same number as sold in 2018. Clicking on the link below will show historical sales in our area along with prices paid per foot, size of homes sold, days on market and sales price.
Highlights from 2019 Home Sales
The average selling price is up $57/square foot over the lows seen in 2012. These prices are still below the prices paid in 2005, the first year there is a good MLS record available. Homes continue to gain in size. Those sold this year have averaged over 1800 square feet in size. In 2005-2006 the average home size was under 1600 square feet. There are also a number of large custom builds in our area. Many of those homes do not show up in the MLS.
Historic home in Southport
For more information on our area please visit my website
If you are considering a waterfront lot in St. James Plantation, look no further. There are less than one hundred lots fronting the Intracoastal Waterway in St. James. More than two/thirds are already built or under construction, so don't miss out on the opportunity to build your waterfront home in the area's premier gated community. Click on the link below to see a video of Harborside Way. This lot has just been reduced to $311,000. Video contains an old listing price.
What's New in Southport and Oak Island.....
Ace Hardware
Opened the first week of January, ACE Hardware is located just north of the intersection of Howe Street and Highway 133. It offers a nice line of home improvement tools, supplies and a quick shopping experience compared to the big- box stores.
Because of a warm winter homeowners need to start weed control early with pre-emergent applications beginning as soon as possible. The link below will take you to a full management plan for your centipede lawn.
Rick Young - Broker-in-Charge/Realtor
Southport Oak Island Real Estate
910-523-2880 or
Rick@WelcometoOakIsland.com
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