Recent News & Events
- 03/11/2011
- 10 Reasons People Decide to Buy a Home
Wilmington ranked 75th among most-searched real estate markets
- Wilmington home price decline moderates, research firm says
- Wilmington broker, investor Crouch listed nearly $30 million in liabilities
- Foreclosed Brunswick homes in disrepair not a problem, yet
- Rental agencies skip talk with Wrightsville Beach
- Revaluation might mean lower bills for Pleasure Island residents
- E2America named Coastal Entrepreneur of the Year
- Local business briefs - N.C. construction jobs rise
- Waccamaw Bank parent delays 2010 financial report second time
- TranS1 revenues fall, net loss widens in Q1
"We really do not find it surprising that Wilmington would be the 75th most searched MSA in the country," said Tom Spencer, general manager of Coldwell Banker Sea Coast Realty in Wilmington.
"Our homes still offer excellent value for their price, our job market is showing some signs of improvement," Spencer continued.
"In short, I think the many people who have relocated here have made friends and family aware of our area...."
In North Carolina, Wilmington led Asheville and Fayetteville, at 110th and 119th, respectively, according to Realtor.com.
Three North Carolina metro areas came in ahead of Wilmington: the Triangle, at No. 22; Charlotte, at No. 38, and the Triad, 59th.
The top most-searched market in the country was Chicago.
The Realtors' website also released price data.
In metro Wilmington (New Hanover, Pender and Brunswick counties), the median list price for single-family homes was $249,000 last month, down about 6 percent from April 2010. Nationally, April's median list price $191,900, down 4 percent from a year earlier.
Realtor.com did not give sale prices. The Wilmington Regional Association of Realtors does not release list prices.
The number of homes actively for sale in the Wilmington area stood at 6,911, down 16.26 percent from April 2010. National inventory dropped 8.25 percent from April 2010.
The median number of days that houses for sale in April had been on the market was 154 days, down nearly 5 percent from March. Realtor.com did not give year-earlier figures for days on the market.
Nationally the median number of days on the market was 95, down 12 percent from March.
Wayne Faulkner: (910) 343-2329