Subject:                          WWP Vol 51 Weekly Market Report May 25 - June 2, 2010

 

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As I was sitting on The Office II, sipping my cold glass of "sweet tea"J, I thought to myself, "self" I think we are at the bottom of the market. I am finally starting to see properties above the 1 million mark selling! It feels like the early birds are out getting the worms. The market is trying to stabilize and is at or near the bottom. Activity is good... calls and tours! I still have a pitcher of "sweet tea" left!

 

Come see me!

Johnny

 

If you have trouble viewing my weekly e-updates, please visit my agent page to view online at www.WendyWilmotProperties.com/john.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

237

 3

 9

15

19 

 15

 38 

 140 

Homes

186

 6

 12

28

28 

 47

 57

98

Co-Own

13

 0

 1

5

 4

 4

Timeshare

33

 0

 0

5

6

 7

 7

18 

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Property Type

List Price

Sale Price

Environment

Address

 

 

Home

$1,750,000

$1,60,000

Oceanview / SB

3 Dunedin Court

Home

$1,350,000

$1,050,000

Forest / CFS

596 Kinnakeet Way

Home

$1,125,000

$950,000

Forest / CFS

302 South East Beach Drive

Home

$495,000

$475,000

Surfman’s Walk

644 Chicamacomico (SW1)

Land

$130,000

$90,000

Forest

10 Live Oak Trail (L-387)

Home

$1,899,000

Pending

Oceanview / EB

233 Station House Way

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Property Type

Price

Environment

Address

 

 

Home

$2,995,000

Oceanfront / SB

6 Coquina Trail

 

Home

$2,095,000

Oceanview / SB

20 Coquina Trail

Home

$1,350,000

Forest / CFS

617 Ocracoke Way

Home

$1,274,000

Golf Course / Forest

31 Dowitcher Trail

Home

$1,050,000

Harbour Village

12 Windward Court

Home

$850,000

Oceanfront / SB

308 South Bald Head Wynd

Co-Own

$460,000

Flora’s Bluff / Killegray

819B South Bald Head Wynd

Land

$249,000

Forest / CFS

604 Kinnakeet Way (L-5333)

Land

$180,000

Marshfront

2029 Palmetto Cove (L-5)

Land

$90,000

Forest

5 Spanish Needles Court (L-450)

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BHI Salutes the Troops

Memorial Day Weekend had many families and friends coming home to the Island. Old Baldy held a service on Monday to honor and remember those who have served in the Armed services protecting our freedoms. The photo to the left shows children placing flowers in the wreath, honoring those who have served.

 

Captain Johnny Munroe to Compete for the Eleventh Year!

 

Boaters are coming in for the 19th annual Fishing Rodeo this weekend. Wendy Wilmot Properties is sponsoring The Office II,  navigated by Captain John Munroe. Captain Munroe hasn’t missed a Rodeo for the past eleven years. There will be fisherman from all over coming to participate in the fishy festival, and let’s not forget the Gala in White on Saturday June 5th. Whether on land or at sea, WWP is ready for the action! 

 

 

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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