Sweet summertime is in full swing here on the coast! The days are longer, the weather is hot and the real estate market is even hotter! We are still experiencing limited inventory and many great homes continue to sell in a few days with multiple offers! Last month our team closed 69 properties for around $26 Million which is an average price of $376,000. The 58 new contracts written in July totaled just under $22 Million, also for an average price of around $379,000. We mention this because many people only pay attention to the larger sales, but our team is dedicated to helping anyone we can across all price points! We’re proud to be a part of your real estate purchase or sale from condos and townhomes to homesites to the nearly $4 Million home on the beach we sold last week!
A recent trend with all the world events occurring has put a big spotlight on the Wilmington area for retirees and people wanting to move out of larger cities. We were recently picked as ‘The Best Place to Move on the East Coast’ by Market Watch for such a culturally rich and diverse area offering all four seasons of weather! We are seeing it happen more and more each day, as some businesses are allowing employees to continue working from home for the foreseeable future and baby boomers are eyeing their retirement! So let us show you all that Wilmington and surrounding communities have to offer! Spotlighted this month is the amazing community of River Landing, see below!