Subject:                          WWP Vol 88 Weekly Market Report August 9 - 23, 2011

 

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Weather is certainly the topic of the day.

 

A positive take on the earthquake was that perhaps it was really the market finally hitting the bottom J Time to start BUYING again.

 

We are hopeful that Hurricane Irene will continue to move east and out to sea. That being said we are checking on homes just in case she decides to come our way.

 

Please let us know if we can do something for you.

 

Thank you for your referrals and for being part of our success.

 

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

 

Wendy

 

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

2010

2009

2008

2007

2006

2005

Land

182

 2

 18

21

15

 19 

 15

 38 

 140 

Homes

152

 3

 35

42

28

 28 

 47

 57

98

Co-Own

9

 0

 0

4

5

 

 4

 4

Timeshare

31

 0

 5

6

5

6

 7

 7

18 

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Property Type

List Price

Sale Price

Environment

Address

 

 

Home

$1,075,000

$745,000

Harbour Village

2 Keelson Row

Land

$195,500

$185,000

Forest / CFS

209 Portsmouth (L-4209)

Land

$125,000

$112,000

Ocean / SB

7 Snowy Egret Trail (L-155)

Land

$97,375

$97,375

Marshfront

2003 Palmetto Cove (L-31)

Land

$69,000

$60,000

Golf / Forest

53 Fort Holmes (L-712)

Home

$699,000

Pending

Harbour Village

9 Leeward Court

Home

$649,000

Pending

Golf / Forest

206 Stede Bonnet Wynd

Home

$380,000

Pending

Golf / Forest

31 Horsemint Trail

Land

$299,000

Pending

Marsh / CFS

525 Currituck (L-6028)

Land

$79,000

Pending

Forest

12 Red Bay Court (L-397)

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Property Type

Price

Environment

Address

 

 

Home

$1,750,000

Oceanfront / WB

21 Cape Fear Trail

Home

$795,000

Harbour Village

82 Turks Head Court

Land

$299,000

Golf Course / WB

203 W. Bald Head (L-125)

Land

$245,000

Forest

5 Gray Fox Court (L-445A)

Land

$120,000

Forest / CFS

655 Wash Woods Way (L-5108)

Land

$69,000

Forest

9 Old Baldy Court (L-303)

Land

$59,000

Forest

221 Muscadine Wynd (L-566)

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Hurricane Irene Update

 

The Village of Bald Head Island issued a public notice on Wednesday afternoon to notify Islanders that we have entered into a Level 1 Weather Alert. This just means that there is a possibility that there could be an emergency situation within 72 hours. EOT will hold a meeting on Thursday afternoon to assess the hurricane situation and will post additional information accordingly.

 

While BHI is certainly not completely out of harm’s way, the focus is now directed more in the New England area. As of Wednesday afternoon, it looks like Irene will likely “skirt” the NC coast and head straight for the northern states. The last hurricane of this magnitude to hit the upper New England states was in 1938, according to National Hurricane Center Director Bill Read.

 

We will continue to monitor the updates as they come in.

 

 

 

Earthquake in VA Felt on Bald Head Island!

 

Bald Head Island residents and visitors enjoyed a warm, lazy Tuesday at the beach today while we here at WWP felt some major shaking going on… Could it have been shocks resonating from the large 5.9 earthquake in Virginia? Nah. It was just the bottom of the market we felt!... Must mean there is nowhere but up from here! Cheers to what should now be a fantastic fall selling season J  Click here for more on the earthquake felt Island-wide today.

 

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New WWP Online!

 

We have been talking about our new site and now it is here! We have received such positive feedback from users and we invite everyone to visit www.WendyWilmotProperties.com to give us your opinions as well. We would love to know what you think and feel when you first land on our home page… was it easy to figure out and navigate?.... did you have a user-friendly experience?

 

After you have taken a look, please reply to this email and tell us what you think!

 

 

 

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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Wendy Wilmot Properties is please to offer a variety of vacation rental homes on BHI. Please click here to find out more!

 

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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.