Per Jonathan Washburn's request, I have compiled a report from our Wilmington Regional Association of Realtors Board(WRAR) which depicts what is going on with real estate in our local area. This report includes only single family homes within New Hanover County. At a later date, I may decide to include land, multi-family, boatslips and rentals but for now I will concentrate on reporting single family homes.
For the week of 1/21/09-1/28/09, 125 single family homes went on the market, 3 homes came off the market, 2 homes went under contract and no homes sold.
|
Market Statistics Report |
| Listings as of 01/29/09 at 1:40pm |
| Single Family | ||||||
| 2- Bedrooms | 3 Bedrooms | 4 Bedrooms | 5+ Bedrooms | All Bedrooms | ||
| Active | ||||||
| #Units | 38 | 59 | 21 | 7 | 125 | |
| Average List Price | $188,589 | $286,095 | $840,376 | $653,829 | $370,166 | |
| Average Market Time | 4 | 5 | 5 | 3 | 5 | |
| Average Square Feet | 981 | 1719 | 2989 | 3490 | 1807 | |
| All Off Market | ||||||
| #Units | 0 | 2 | 0 | 1 | 3 | |
| Pending | ||||||
| #Units | 0 | 2 | 0 | 0 | 2 | |
| Average List Price | $0 | $193,000 | $0 | $0 | $193,000 | |
| Average Market Time | 0 | 6 | 0 | 0 | 6 | |
| Average Square Feet | 0 | 1324 | 0 | 0 | 1324 | |
| Sold | ||||||
| #Units | 0 | 0 | 0 | 0 | 0 | |
| Dollar Value | $0 | $0 | $0 | $0 | $0 | |
| Average List Price | $0 | $0 | $0 | $0 | $0 | |
| Average Sold Price | $0 | $0 | $0 | $0 | $0 | |
| Average Market Time | 0 | 0 | 0 | 0 | 0 | |
| Average Square Feet | 0 | 0 | 0 | 0 | 0 | |
| % of List Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Not Pending or Sold | ||||||
| #Units | 0 | 0 | 0 | 1 | 1 | |
| Average List Price | $0 | $0 | $0 | $2,350,000 | $2,350,000 | |
| Average Square Feet | 0 | 0 | 0 | 3506 | 3506 |
*All information included in this report is thought to be accurate however, it may be inaccurate.
Paul, 100 Days to Change
, more commonly known as Beach Vitex is a woody, shrub-like plant that is native to the Pacific Rim. North Carolina State University introduced Beach Vitex to the Southeastern Coast of North Carolina in the 1980s as a preventative vegetation against dune erosion. Since the introduction of Beach Vitex, North Carolina has come to the conclusion that Beach Vitex is doing more harm than good and has officially banned this plant from the state. 
effect on Sea Turtle nesting sites. Sea Turtles come on to the beach to lay their eggs mid-summer and Beach Vitex grows so fast that when it is time for the eggs to hatch, the baby turtles dig out of the sand to find a jungle of Beach Vitex. For baby sea turtles, their challenge of making it to the ocean is a difficult enough task without having to contend with Beach Vitex.