Homes for Sale in Southport, NC

Homes for Sale in Southport, NC

February 2011 Southport, NC Market Report

Homes for Sale

According to the Brunswick County Association of REALTORS® (BCAR), as of February 10, 2011 there are 129 single-family, site built homes for sale in Southport, NC with an average listing (asking) price of $293,645 and average 244 days on the market. (Site built homes does not include condos, townhouses, patio homes or modular homes.) These numbers are slightly skewed due to one home priced at $1,250,000 with 715 days on the market. By removing this home, the average listing price for homes for sale in Southport, NC is $286,173 with 240 average days on the market.

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Homes Sold

According to Brunswick County Association of REALTORS® (BCAR), since January 1, 2010, 89 single-family, site built homes in Southport, NC have sold. The average sales price is $235,347 with 287 average days on the market. The average sales price to listing (asking) price ratio is 90.74% (meaning the home sold for 9.26% less than the listing price which averaged $259,371). 62 of these homes were 3 bedroom homes. The average listing price of these homes was $255,287 with an average sold price of $234,944. The average sales price to listing price ratio was 92.03% (or sold for an average of 7.97% less than the listing price) and the average days on the market were 308.

It is important to note that all this information is solely from Brunswick County Association of REALTORS® (BCAR) for Southport, NC. When viewing other information pulled by other sites or people, the numbers maybe higher or lower depending on which areas of Brunswick County were pulled and where the information was gathered from. Also, the disclaimer on BCAR data is as stated “All information deemed reliable, but not guaranteed.” For more detailed information, please contact one of our Brunswick County REALTORS®: Cheryl Kuntz, Mike Tedder, and Jack Vereen.

Southport, NC Demographics

Population: 2,964 Southport, NC Area Demographics

Posted in Hot Properties of the Week, Southport NC Real Estate on Feb 10, 2011