Kure Beach Real Estate Goes Against the “Tide” of Market

Compared to Wilmington Real Estate Kure Beach Caught in Riptide

Most of you probably don’t realize that I have a Kure Beach real estate site with tons of in depth analysis.  Here’s latest video update on that market.  Do check out the website if that is your area of interest.

Quick Facts on Kure Beach Home Sales

  • Sold price and List Prices are down 13% and 14% respectively since last year.  This is counter the trends of Wilmington North Carolina for sure.
  • There are 33% fewer pending contracts than a year ago while the inventory is 8% higher…..Bad news.  Not a hot market and buyers are in nice position.

Summary:

Within a region there can be completely opposite trends in the market.
Jay Seville

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Jay Seville

REALTOR ®

One of the nation’s first 2.0 realtors…after hitting the highest levels of achievement at RE/MAX, Jay Seville left and formed his own brokerage in 2007 creating much business that he shared with his agents to help them make a great living. He has been principal broker and team leader of a buyer agent team since 2005.