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Bald Head Island Real Estate Market Trends – North Carolina

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Bald Head Island Real Estate Market Conditions and Trends

Homes for Sale > Real Estate Market > North Carolina Real Estate Market > Bald Head Island Real Estate Market

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Bald Head Island. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 910-470-2253
Average Home Price	$550,000 - View Graph Trend

Average Price Compared to Last Year	Up 10-15%

Average Time on Market	More than 120 days

Best Selling Price Range	$400,000 - $449,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Bald Head Island is	Increasing

Seller Activity for the past 90 days in Bald Head Island is?	No Change

Multiple Offers?	Yes

Multiple Offers Commentary	when homes go into foreclosure and priced low we are getting 4 or more offers

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	mortgages 80/20 available to qualified buyers at low rates

Housing Inventory	Good supply - Some Prices

Inventory Comments	Many more properties are less expensive. Lot prices are where they were in 2002

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Good economic news

Nearest Metro Area	Wilmington

Housing Hot Spots	Most cities within the Brunswick County area are considered 'Housing Hotspots'

Average Sold Price	$550,000 - View Graph Trend

Bald Head Island Local News

News for Bald Head Island, NC - June 18th, 2010 10:34am
SUMMER SEASON IS HERE! So many new guests who had plans to vacation on the gulf coast are now changing their plans and vacationing with us on our beautiful island. Some great values in both lots and villas and small homes. Last month very busy with 20 offers for numerous homes/land, Please call to visit 910 470-2253, Mary Munroe

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Mary Munroe

910-470-2253

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Blog Archives

June 2010 (1)

Mortgage Rates

– Feb 11th, 2012 –
---------------------------------

30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mary Munroe

Mary Munroe Realty: Bald Head Vacations & Sales, Inc.

910-470-2253

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)

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