Subject: WWP Vol 73 Weekly Market Report December 28 - January 11, 2011

In the wake of such horrific events this past weekend, it is so important to treasure every minute with our family and friends.  Bald Head is such a peaceful and tropical  location, we hope you will bring your treasured ones with you and plan a great get away here this spring, summer or fall.  Call our new rental service or call one of us and we will help you find the perfect place to make new memories and treasure your time together.  It’s also a great time to choose a little piece of Bald Head for yourself and the prices are still very motivating.  Call now for your get away this year.  We’ll be here for you.

Don’t forget… 

Don’t miss the boat!

Debbie

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

Property Type	Total Listed	Total Pending	Total Sold YTD	Historical Data
				2010	2009	2008	2007	2006	2005
Land	187	1	2	21	15	19	15	38	140
Homes	138	2	1	42	28	28	47	57	98
Co-Own	11	0	0	4	5	7	4	4	3
Timeshare	30	0	0	6	5	6	7	7	18

Property Type	List Price	Sale Price	Environment	Address
Home	$899,000	$795,000	Forest / CFS	32 Keepers Landing
Land	$150,000	$160,000	Forest / CFS	669 Chicamacomico (L-4304)
Land	$150,000	$150,000	Forest / CFS	671 Chicamacomico (L-4302)
Land	$149,900	Pending	Forest / CFS	606 Currituck Way (L-5727)

Property Type	Price	Environment	Address
Home	$1,295,000	Marsh / Middle Island	39 Cape Creek Road
Home	$850,000	Oceanview / SB	4 Black Skimmer Trail
Home	$419,000	Golf / SB	305 SBHW - Villa 14
Timeshare	$64,000	Golf / Forest	26 Hammock (C)

WWP is Sales Leader 5th Year in a Row!

BHI Sales Transactions up 27% from 2009

See Article Below Stats

(Properties in red involved WWP)

*Information taken from Brunswick MLS, Wilmington MLS, and a private sale at the courthouse, facilitated via Wendy Wilmot Properties

HOMES 233 Station House 5 BR / 4 BA $1,700,000 3 Dunedin Court 5 BR / 5 BA $1,620,000 18 Coquina Trail 4 BR / 4 BA $1,599,000 3 Inverness Court 4 BR / 4BA $1,475,000 31 Cape Fear Trail 5BR / 4.5 BA $1,425,000 27 Black Skimmer 4 BR / 4.5 BA $1,300,000 17 Starrush Trail 4 BR / 4 BA $1,070,000 596 Kinnakeet 4 BR / 3.5 BA $1,050,000 302 S. East Beach 4 BR / 3.5 BA $950,000 34 Cape Fear Trail 3 BR / 3.5 BA $990,000 112 Edward Teach 4 BR / 4.5 BA $835,000 656 Kinnakeet 5 BR / 5BA $827,000 13 Windward 3 BR / 2.5 BA $769,000 14 Scotch Bonnet 2 BR / 2 BA $735,000 16 Bay Tree Trail 3 BR / 3.5 BA $702,000 15 Peppervine 5 BR / 3 BA $700,000 3 Cape Creek 2 BR / 1.5 BA $650,000 423 S. Bald Head 3 BR / 3 BA $605,000 21 Starrush Trail 3 BR / 2.5 BA $605,000 203 Muscadine 3 BR / 3 BA $580,000 19 Royal Tern 4 BR / 2 BA $566,000 5 Palm Court 3 BR / 4BA $563,000 24 Cedar Court 3 BR / 2.5 BA $550,000 12 Snowy Egret 3 BR / 2 BA $540,000 14 Waterthrush 3 BR / 2.5 BA $525,000 4 Surfman’s W. 3 BR / 3.5 BA $514,000 Villa 34 3 BR / 3 BA $495,000 308 Whale Head 3 BR / 3 BA $475,000 1 Surfman’s Walk 2 BR / 2.5 BA $465,000 Villa 2 3 BR / 3 BA $475,000 11 Dowitcher 3 BR / 2.5 BA $463,000 17 Keepers Lndg. 3 BR / 3.5 BA $457,000 10 Surfboat Court 2 BR / 2.5 BA $450,000 12 Surfboat 3 BR / 3.5 BA $450,000 28 Ibis Roost 3 BR / 3 BA $435,000 1 Keepers Landing 2 BR / 3 BA $372,000 Villa 48 3 BR / 2.5 BA $352,000 Villa 28 3 BR / 2.5 BA $340,000 19 Keepers Lndg. 2 BR / 2 BA $335,000 Royal James 2A 2 BR / 2 BA $257,500 Royal James 4B 2 BR / 2 BA $231,250 Royal James 2C 2 BR / 2 BA $225,000

LAND 6 Ballantrae (L-2052) $975,000 5 Dunedin Court (L-2261) $935,000 19 Starrush Trail (L-1331) $387,500 45 Cape Creek (L-845) $360,000 52 Transom Row (L-52) $350,000 14 Laughing Gull (L-244) $260,000 24 Laughing Gull (L-239) $250,000 7 Palm Court (L-7) $212,000 600 Kinnakeet (L-600) $191,500 546 Chicamam. (L-5553) $167,500 4 Elephants Foot (L-570) $135,000 2029 Palmetto (L-5) $127,500 15 Dowitcher (L-785) $100,380 9 Old Baldy Court (L-303) $95,000 8 Palm Court (L-8) $95,000 44 Fort Holmes (L-355) $95,000 27 Sabal Palm Trail (L-891) $92,500 21 Red Cedar (L-931) $90,000 10 Live Oak Trail (L-387) $90,000 4 Painted Bunting  (L-501) $83,000 306 N. Bald Head (L-409) $76,000

Co-OWN/ HAMMOCKS 819A S. Bald Head 3 BR / 2.5 BA $260,000 4 Poormans Pepper 4 BR / 3.5 BA $250,000 819B S. Bald Head 3 BR / 2.5 BA $230,000 819B S. Bald Head 3 BR / 2.5 BA $230,000 28 Sandpiper (Wk 8) 5 BR / 5 BA $92,500 32 Hammock (H) 3 BR / 3 BA $80,000 41 Hammock (H) 3 BR / 3.5 BA $73,500 53 Hammock (G) 3 BR / 3.5 BA $70,000 53 Hammock (I) 3 BR / 3.5 BA $69,000 24 Hammock (B) 3 BR / 3 BA $61,000

BHI Sales Transactions up 27% from 2009

In Volume 71, WWP reported that the market on Bald Head Island would be closing up 2010 with not only its best fourth quarter in 4 years, but possibly the best last half of the year in four years. Then in Volume 72, we reported on an article from AARP, which demonstrated a vastly growing retirement population (Baby Boomer Generation) who reflects an impressively positive economic outlook over the next five years. Now, Mitra Kalita, online journalist for the Wall Street Journal, reports that the market for second homes / vacation homes is on the rise and showing a much-welcomed improvement!

Areas such as Cape Cod, Palm Beach, and Hilton Head have seen increases of 9% to almost 40%, and Mercer Island’s market nearly tripled from its previous 2009 numbers! According to the National Association of REALTORS (NAR), as reported via WSJ, existing home sales increased more than 5% in November. The NAR has also reported that approximately 1 in every 10 real estate transactions for 2009 was a second home. (Click here to read entire article.)

While the more upscale and boutique market on Bald Head Island has not quite reached 2006 numbers, with 72 sales in 2010 we have certainly attained 2007’s! 2010 sales on BHI rose 18% over 2008 and 27% over 2009. That is positive news for sellers and buyers alike. With interest rates at their best in years, and Sellers making the crucial decision to aggressively price their properties, Buyers are finally coming off the fence and realizing that this is the perfect time to strike while the iron is hot. 

	2010	2009	2008	2007	2006
Homes	42	28	28	47	57
Land	21	15	19	15	38
Co-Own	4	5	7	4	4
Timeshares	6	5	6	7	7
TOTAL SALES	73	53	60	73	106
		+27%	+18%

Wendy Wilmot Properties has been here every step of the way, helping to see that Bald Head Island remains a unique oasis with a thriving and sustainable future. Call us to see what opportunities are here for you! 910-470-0000

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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.