Subject:                          WWP Vol 66 Weekly Market Report September 21 - October 5, 2010

 

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Several years ago, Betty and I were preparing for an upcoming member-guest golf tournament. We had friends coming up from Florida and we were really excited about the prospects of a really fun time. Then it began to rain. It rained for a solid week. The tournament was cancelled. We had terrible flooding and many roads were impassable.  I thought I would never see anything like it again. Well, I was wrong.

 

This week in three days, we got over 20 inches of rain. Some roads were flooded and some houses in low areas had a lot of water around them. There was really no damage to speak of other than a few flooded garages. The biggest difference from now and when we were rained out of the golf tournament is that the Village staff does much better getting rid of the standing water on the roads. They are much better equipped to deal with this now and it shows.

 

I took a quick tour this morning and except for a few areas, things are pretty much back to normal. The sun is out and I hope to hit a few golf balls this afternoon. If anyone would like me to check your Island home, please just let me know and I will be happy to take a look.

 

Bald Head Island, there is just no place I would rather be.

 

Look for my yellow golf cart “Sales Office” around the Island and come see me.

 

 

If you have trouble viewing my weekly e-updates, please visit my agent page to view online at www.WendyWilmotProperties.com/buddy.asp. Make sure to bookmark this page, or add to your favorites for easy access.

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Property Type

Total Listed

Total Pending

Total Sold YTD

 

Historical Data

2009

2008

2007

2006

2005

Land

222

 1

 17

15

 19 

 15

 38 

 140 

Homes

182

 4

 22

28

 28 

 47

 57

98

Co-Own

13

 0

 4

5

 

 4

 4

Timeshare

29

 0

 6

5

6

 7

 7

18 

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Property Type

List Price

Sale Price

Environment

Address

 

 

Home

$995,000

$796,000

Harbour Village

13 Windward Court

Home

$688,000

$580,000

Forest

203 Muscadine Wynd

Home

$649,000

$563,000

Forest

5 Palm Court

Land

$149,998

$95,000

Forest

8 Palm Court (L-8)

Home

$969,000

Pending

Village Commons

656 Wash Woods Way

Home

$899,000

Pending

GC / Forest

16 Bay Tree Trail

Home

$699,000

Pending

GC / West Beach

14 Water Thrush Court

Home

$299,000

Pending

Royal James

20-2A Bay Tree Trail

Land

$109,000

Pending

GC / Forest

27 Sabal Palm Trail (L-891)

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Property Type

Price

Environment

Address

 

 

Home

$1,850,000

GC / South Beach

27 Mourning Warbler Trail

Home

$449,000

Forest / CFS

20 Keepers Landing

Land

$499,000

Marsh / Middle Island

91 Cape Creek (L-1191)

Timeshare

$150,000

GC / Forest

50 Hammock (K)

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BHI Experiences Torrential Rainfall

The Cape Fear area has been experiencing record level drought conditions throughout the entire month of September, leaving a 15-inch rainfall deficit for the area. But that changed when rain began falling steadily last weekend and didn’t let up until late Thursday evening.  This September is now recorded as the second wettest on record with rainfall of just over 22 inches! The record is 23.41 inches.

 

The Village of Bald Head Island staff has done a wonderful job of reacting quickly to the flooding with multiple pumps around the Island sending water to outfalls on the ocean, river and creek, all part of the effort to lower the water table across the Island. For the most part, properties fared very well. Several roads on the Island have had water issues, but the majority of the roads are fine. Some homes had flooding to deal with but never fear, BHI is as resilient as always; things are drying out.

 

If you wish to receive direct updates from the Village of Bald Head Island please email village@villagebhi.org and request to be put on the list or send a request thru www.villagebhi.org/emailnotification.html.  

 

 Click here to see photos and video.

 

Visit our calendar for details and more Island events!

 

Please click here to update your contact information.

 

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ATTENTION FRIENDS!

As you know it is a BUYERS’ market. If you have a friend that you think might want to join the BHI family please click here to learn about our REAL ESTATE DISCOVERY packages.

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For a complete calendar of BHI events, please click here

 

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Let us link you to the latest on BHI.

 

 

 

 

 

 

 

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* All stats originate via the Brunswick County NC Multiple Listing Service (MLS). Wendy Wilmot Properties makes no warranties or guarantees, either expressed or implied, as to the accuracy or currency of such information. The information contained in this email may be confidential and/or legally privileged. It has been sent for the sole use of the intended recipient(s). If the reader of this message is not an intended recipient, you are hereby notified that any unauthorized review, use, disclosure, dissemination, distribution, or copying of this communication, or any of its contents, is strictly prohibited. If you have received this communication in error, please contact the sender by reply email and destroy all copies of the original message. Click here to contact our email administrator directly and to unsubscribe.