The single family housing market in the Hubert/Swansboro, North Carolina area is still struggling but we are seeing signficant improvment in so areas. As you can see from the chart below the number of days on the market decreased by almost 50% in Jan., Feb., and March 2009 when compared to Oct., Nov., and Dec. of 2008.
There was a slight increase in the list price to sales price ratio but the average sales price decreased as did the number of units sold during the first quarter.
| Quarter |
Total Listed |
Num. Sold |
% Sold |
Avg. Sale Price of Sold |
Sale Price/ List Price Ratio |
Avg. DOM of Sold |
Avg. List Price of Unsold |
% Expired |
| 1st 2009 |
158 |
81 |
51.27% |
$183,419 | 98.56% | 63 | $236,193 | 24.68% |
| 4th 2008 |
112 |
87 |
77.68% |
$185,519 | 97.91% | 120 |
$279,591 | 31.25% |
(Statistics taken from the Jacksonville NC MLS)
What does all this mean to you who is looking to buy a home in the Hubert, Swansboro NC area? It means there is a good supply (inventory) of homes available in a wide variety of prices and locations. Sellers may be more motivated to sell and willing to negiotiate more than in the past allowing you to buy more house/location with less money.
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If you are thinking of buying a home in Hubert, Swansboro or other area of Onslow County N C, it would be my honor and 
pleasure to assist you in finding the perfect home for you and your family.
Cynthia Tilghman, Realtor, Onslow County Home Specialist 910 459 9189 Email Me
Kingsbridge Realty, Inc., Making Houses Homes
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Cynthia another informative market report. The sale price dropped however I noticed your List to sale price is higher.
Hi Cynthia, I hope the inventory and low interest rates are getting buyers off the fence in your area! Have a good week!
Good morning ma'am,
The market there in some ways looks to be improving. As you have said now is the time to purchase a new home and buyers should not be waiting.
Cynthia, that reduction is DOM is really cool!
That Days on Market number looks really significant. Maybe folks are starting to feel some urgency.
Cynthia, Your report is very cool. I want to let you know of a way to get more exposure on your listings on Google, Yahoo, and MSN... Go to www.viewmylisting.com/homes-for-sale and sign up for your FREE account and get a Free PURL too. We have live chats available too if you have questions on this as well. No this is not a sales pitch! Just want to let you know that we are here to help you!
Cynthia The sales price as a % of list would seem to indicate list prices are realistic Karen
Seeing the Days on Market decrease like that - is GREAT news.
Hi Jennifer,
A mixed bag but overall, good news I think. Thanks for dropping by.
Russell,
They are off the fence but not in the gate yet!