November 2015 Luxury Real Estate Report New Hanover and Brunswick Counties

November 2015 Luxury Real Estate Report New Hanover and Brunswick Counties

As of November 30, there are 164 homes in New Hanover County and 84 in Brunswick County with asking prices exceeding $1,000,000.

In New Hanover County, the luxury homes are concentrated in Landfall (31 active listings), Wrightsville Beach (29) and Figure Eight Island (23.)

In Brunswick County, nearly 40% (33) of the available million dollar homes are on Bald Head Island.

By far, the most expensive home on the market is 188 Beach Road South on Figure Eight Island.  This property has been on the market since February 2013.  The asking price is $6,500,000.

The next most expensive property is 2 Marina Street in Wrightsville Beach at $5,500,000.  In addition to the house and a guest/rental apartment, it includes the Overbeck Marina with 17 boat slips.

2 Marina

November Closed Contracts

Six luxury homes in Brunswick County and three in New Hanover County closed during November. They included:

55 Scotland Street, Ocean Isle Beach for $999,900
139 Ocean Isle West Blvd., Ocean Isle Beach for $1,100,000
1510 Meridian Terrace, Wilmington for $1,200,000
667 Chicamacomico Way, Bald Head Island for $1,250,000
322 Windchase Lane, Wilmington $1,255,000
607 Ocean Blvd., Holden Beach $1,450,000
148 Yacht Watch Drive, Holden Beach $1,500,000
14 Peppervine Trail, Bald Head Island $1,676,500
6808 Towles Road, Wilmington $1,736,000

6808 Towles

November Pending Sales

The month showed strong activity in the luxury market with 12 homes going under contract.  The two with the highest asking prices are both on Figure Eight Island: 2 Sounds Point Road at $3,300,00 and 310 Beach Road North at $3,180,000.  The final sales prices will not be made public until the deeds record after these properties close. 

November New Listings

There were nine new listings of luxury homes, four in New Hanover County and five in Brunswick County.  The most expensive new listing is at 6417 Quail Run Road in Wilmington.  Listed at $2,490,000, this 6,500 square foot mansion sits on 4.5 acres and includes a heated pool, an indoor custom spa tub for 12 and deeded water access.

The statistics for this report were pulled from the Wilmington Regional Association of Realtors and the Brunswick County Association of Realtors MLS’s.

The report was compiled by Just For Buyers Realty, the largest exclusive buyers agency in southeastern North Carolina.  If you’re shopping for a luxury home in the greater Wilmington area, including Wrightsville Beach, Figure Eight Island, Kure Beach or along the Intracoastal Waterway, call Just For Buyers Realty at 910-202-4813 or email [email protected] Our Exclusive Buyers Agents pride themselves on being consumer advocates, not sales people.  You can count on them to do the research and provide you with the pertinent information you need to make well-informed choices.

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