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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Sunset Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at John: 910-367-8286 or Darrell: 910-274-4326
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $700,000 - $749,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Sunset Beach is | Increasing |
| Seller Activity for the past 90 days in Sunset Beach is? | Increasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Wilmington |
| Housing Hot Spots | Most cities within the Brunswick County area are considered ’Housing Hotspots’ |
| Average Sold Price | $250,000 - View Graph Trend |
Sunset Beach Local News
News for Sunset Beach, NC - December 21st, 2011 12:24pm
It is a great time to buy in Sunset Beach NC. Prices remain at the lowest point in years with short sale and foreclosure as well as great normal resale home deals. There are many great deals on beach/island homes. Home prices in Sea Trails Plantation have come down more in recent months. This is beach area and is close to great year-round golfing as well as the Myrtle Beach metro area. Contact John Melvin via (910)367-8286 or JohnMelvinRealtor@gmail.com. Or see mail real estate links site www.JohnMelvinRealtor.com for all your real estate needs in this area.
News for Sunset Beach, NC - November 30th, 2011 11:34am
It is a great time to buy in Sunset Beach NC. Prices remain at the lowest point in years with short sale and foreclosure as well as great normal resale home deals. There are many great deals on beach/island homes. Home prices in Sea Trails Plantation have come down more in recent months. This is beach area and is close to great year-round golfing as well as the Myrtle Beach metro area. Contact John Melvin via (910)367-8286 or JohnMelvinRealtor@gmail.com. Or see mail real estate links site www.JohnMelvinRealtor.com for all your real estate needs in this area.
News for Sunset Beach, NC - June 17th, 2011 5:28am
It is a great time to buy in Sunset Beach NC. Prices are at the lowest point in years with some short sale and foreclosure deals available. The area is home to a beautiful beach and many championship golf courses. It is also close to the Myrtle Beach metro area. Contact John Melvin via www.JohnMelvinRealtor.com for all your real estate needs in this area.
Contact Information
John K. Melvin and Darrell Melton
John: 910-367-8286 or Darrell: 910-274-4326
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
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.
Click here for full article...
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.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
John K. Melvin and Darrell Melton
Connect Realty
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 John: 910-367-8286 or Darrell: 910-274-4326
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