This blog is written by local Wilmington NC real estate agents and realtors about real estate, homes for sale, foreclosures, short sales, and local events here in Wilmington NC, Wrightsville Beach, Carolina Beach, and Kure Beach.  We make it a priority to keep you informed on the latest real estate deals, communities, and important events that may effect you if you currently live in Wilmington or plan to purchase a home here in the near future. 

If we run across a good restaurant, see a good show, hear of any concerts, art shows, river walk events, etc.. this is where we will let you know.  We will also update you on any helpful website pages we add to the site.  We are always looking for new ways to connect to our clients and feel like our blog is a great tool to keep you informed!

We hope you enjoy it and please let us know if we can assist you with any properties you see on the website!

Thank you for reading this and happy house hunting,

Coastal Carolina Properties
910-262-1002

Feb. 19, 2021

Wilmington Real Estate Market 2021 Update

Wilmington NC Real Estate

The Wilmington, NC Real Estate market has grown rapidly in the past year, and home values are projected to continue to increase from 5-10% every year for the foreseeable future. 

Wilmington offers both luxurious and affordable housing with various communities where you can find your perfect home. CNN Money Magazine listed the Wilmington, NC real estate market as the #7 City to Invest. 

Wilmington NC real estate and homes sale

It is an opportune time to invest in real estate; after all, it is a buyer's market, and all prices are negotiable! 

Contact us today or use the "Find A Home" tool to search all real estate listings in Wilmington, NC, and surrounding areas. Please visit our All Wilmington Subdivisions & Communities page for a complete list of the subdivisions in the greater Wilmington, NC area.

An overview of Wilmington's real estate market.

Wilmington's median home value is in the upper $ 200,000's with average listing prices ranging from $150,000-$400,000. This region offers luxurious waterfront real estate, oceanfront real estate, or golf course real estate from $400,000 into the millions. However, for a first-time buyer, there are ample listings under $200,000.

I can assure you that Wilmington has enough to satisfy all of your needs, which is why the Coastal Carolina Properties team is prepared to help. We have negotiated down more than 1.4 million dollars for my clients in recent years alone.

[Looking to buy in Carolina Beach? Click here for more information!]

Why buyers love Wilmington, NC

The Cape Fear region is one of the most populous tourist areas on North Carolina's coastline. Commercialism is typically a cause for concern for our beautiful beaches; this is not an issue here. Residents and tourists alike can enjoy pristine beaches while residing only a few minutes from the city's modern amenities.

Spend the day paddleboarding down the Intercoastal Waterway, fish on the Johnny Mercer's pier, or maybe have a meal literally on the water at Oceanic pier. This area truly offers something for everyone, which is why people keep coming back for more! The beaches near Wilmington provide much-needed relaxation and serve as the perfect escape from city living.

Historic Downtown Wilmington is another ideal location when looking for a trip off the island. The Riverwalk takes you along several eclectic shops and restaurants while providing picturesque views of the Battleship across the river. The cobblestone roads are encompassed by large live oaks, horse-drawn carriages, and breathtaking Victorian architecture. The Bellamy Mansion is one of the downtown area's biggest attractions. 

In addition, there are film locations to be found everywhere, from Iron Man 3, One Tree Hill, and Dawson's Creek for any pop-culture buff. The historic district encompasses nearly 230 blocks and showcasing mansions, old gravesites, churches, and landmarks anyone can get behind.

Contact Us today or search below for Wilmington NC Real Estate & Homes for Sale.

By Paul Coffman

Search Wilmington NC Homes For Sale

Feb. 5, 2021

Carolina Beach Real Estate & Homes For Sale

Carolina Beach Real Estate

With its wide, beautiful beaches and inviting community, Carolina Beach is a hub for investors and full-time residents alike.

There are a plethora of properties available with a range of reasonable prices to fit anyone’s budget. For an ocean lover? Maybe an oceanfront condo or home with an outdoor shower? Got your captain's license? Perhaps a home or condo on the Intracoastal Waterfront with a private boat dock in your backyard? The Coastal Carolina Property team are experts in assisting savvy real estate buyers and sellers in making the right choice.

Carolina Beach, North Carolina

Tourism is booming in Carolina Beach! This means your investment property has a high chance of staying rented throughout the summer and even into the fall/spring seasons. Along with a naturally warm climate, CB hosts numerous mouth-watering restaurants offering both fine and casual dining options. There is truly no lack of activities to do here which is just why so many find success in investing in Carolina Beach real estate.

Activities for all

Located just over the Pleasure Island bridge, Carolina Beach has become one of the hottest vacationing spots in Southeastern North Carolina. Its position as part of the greater Wilmington, NC area also makes this location perfect to live a life of leisure while still having all of the amenities of a city. This unique resort community occupies the northern part of Pleasure Island, just 40 miles from the Gulf Stream, and will hit you with a wave of nostalgia upon arrival. Its boardwalk with a local fudgery, arcade, and amusement park will remind you of the excitement you felt as a kid on vacation. To visit, just cross the fixed span bridge on the southern end of Wilmington, past Monkey Junction, over the Intracoastal Waterway.

There is an unlimited number of activities to do in Carolina Beach which makes for the perfect getaway. The restaurants here are surely something to boast about with award-winning food; Michael’s Seafood and Kate’s Pancake House are two local staples that no one can pass up. Carolina Beach also hosts several seasonal festivals celebrating a variety of topics anyone can get behind! Kite, bacon, music, and street art festivals are just some of the events you’ll see around town. If you’re a bit more on the competitive side, maybe the annual surfing or fishing contest is more for you?

Discover the beauty

With an ever-growing population of over 5,000 residents, Pleasure Island is split down virtually in half with Carolina Beach’s sister town located on the southern point of the island. The back end of Carolina Beach is inundated with scenic walking and biking trails and is one of the only regions in the world that natively produces the acclaimed Venus Fly Traps.

Contact Us today or search below for Carolina Beach Homes & Carolina Beach Real Estate.

By Paul Coffman

Search Carolina Beach Homes For Sale

Sept. 27, 2016

River Lights Subdivision

River Lights community in Wilmington NC is the newest master planned community with residential and commercial mixed use in the area.  Real estate will start in the 200k's and will include a mix of single family homes as well as townhomes.  There will be upscale shopping, restaurants and entertainment as well as nice marina on the cape fear river.  For a list of homes for sale in River Lights please visit - River Lights Wilmington NC

Feb. 10, 2014

Wilmington Real Estate Sales 2013 - HOT

Great news for our new President of WRAR, Jody Waino, with her overview of sales in our area over the past year:

When analyzing ten major zip codes in our region – 28403, 28405, 28409, 28411, 28412, 28451, 28480, 28428, 28449, and 28443 – an average of the zip codes for year-end 2013 shows that:

  • Our average sales price has increased by 4.2% from year-end 2012.
  • Of the 4,643 sellers in 2013, 26.77% paid some sort of concession toward the purchase of the house.
  • Our list to sales price ratio for year-end is 96.41%, an increase from 95.26% for year-end 2012.
  • The average list price of the sold properties is $265,687 and is up 2.9% from year-end 2012.
  • The average number of days a property remained on the market for the year was 121 days, compared to 145 days for year-end 2012.
  • The median sold price of $205,000 for year-end has increased 5.1% from year-end 2012.

She provided an overview of each zip code, but I am including only 28405 in this blog as it received the most "best of" from the list of codes.  This area includes Landfall, Mayfaire, Parkside at MayfaireSnug Harbor, Tanbridge Park, and many more.  

Year-End 28405

  • The average selling price of $293,443 has increased 15.0% from year-end 2012 average selling price of $255,129. The best of all zip codes.
  • 23% of sellers in 2013 paid a concession compared to 28% for year-end 2012.
  • The average list price of $307,332 for 2013 has increased 13.0% from year-end 2012 average list price of $271,880. The best of all zip codes.
  • The average number of days a property remained on the market for 2013 was 141 days compared to 150 days for year-end 2012.
  • The median sold price of $185,000 for 2013 has increased 8.5% from year-end 2012.
  • Sold homes in 2013 received 95.48% of the asking price, an increase from 93.84% for year-end 2012.

I live in this area and will be happy to assist if you have any real estate or lifestyle questions. 

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Feb. 4, 2014

Homeowner Flood Insurance Affordability Act of 2014 - UPDATE

As real estate brokers on the coast of North Carolina, we are acutely aware of the importance of protecting both the beaches and homeowners living on or near the beach. Owners realize the inherent risks associated with living near the water and have paid for insurance accordingly. However, the passage of the Biggert-Waters Flood Insurance Reform Act in 2012 calls for huge insurance premium hikes in response to minimizing some of FEMA’s debt.

Realizing that Biggert-Waters has several major flaws and is a short-sighted response to the debt issue, the Senate voted 67-32 on January 30 for the Homeowner Flood Insurance Affordability Act of 2014 that will delay implementation of the Reform Act until 2017.

The Senate bill addresses 2 key issues:

Ø Allows Federal Emergency Management Agency (FEMA) time to complete its affordability study and refines its flood maps.

Ø Allows for “grandfathering” of current premiums for homeowners affected by a remapped flood zone.

Our advocate in the Senate, Kay Hagan, included an amendment in the bill to address the fact that borrowers with certain types of residential loans (e.g., loans to buy a property like a condo that is covered by previously-existing master policy or second mortgages), are forced to escrow flood insurance premiums more than once or have to submit proof to a lender regarding existing coverage (as required by Biggert-Waters).

As it stands, rate hikes have been delayed until the end of 2014 with the passing of the Act in the Senate.

But, without the House of Representatives’ approval, it is unclear how the issue will be resolved in the short and long-run.

We’ll keep you up-to-date on this issue and all things related to real estate in the Wilmington/Wrightsville Beach area. .

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Dec. 11, 2013

Tour My Town - Snug Harbour at Covil Farms Wilmington NC!

Covil Farms Snug Harbour is a quaint neighborhood "snuggled" into a private corner in a very desirable area of Wilmington.  Adjacent to the gated community called Landfall and very near the shopping mecca of Mayfaire Town Center, Snug Harbour manages to be quiet and homey while conveniently located to everything from shopping to the beach. 

The neighborhood has plentiful trees and landscaping making it feel lush and established, and most homes were built in the mid 1990s with a lot brick curb appeal.  Properties contain generous lots and home sizes range from 2,200-3,200 square feet.  Prices generally begin in the $300,000s, but it is not often that homes here are listed for sale so keep your eyes on this gem of a neighborhood. 

A home owners' association manages the landscaping, clubhouse, pool and tennis so there are many opportunities to socialize and get healthy.  Additionally, there are bike trails from the area to Mayfaire and on to Wrightsville Beach.

Take a look at the video below to see if you are interested to learn more about the homes or Wilmington and real estate in general, and we will be happy to assist. 

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

 

 

 

 

Search All Snug Harbour Homes

 

 

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Nov. 26, 2013

Tour My Town - Eastwood Village

Eastwood Village is a heavily-wooded, cozy neighborhood of patio homes located in an incredibly convenient spot near Mayfaire Town Center, Wrightsville Beach, the airport, and historic downtown Wilmington, NC. 

The friendly community has neighborhood events all year round at its clubhouse where residents and guests may also enjoy a refreshing pool and tennis courts. Many walking trails weave throughout the property further promoting a healthy lifestyle.

Please call me for further information about properties in Eastwood Village or anywhere in the Wilmington/Wrightsville Beach area.

 

By Paul Coffman

808-224-8816

paul@coastalcarolinaproperties.com

CoastalCarolinaProperties.com

 

Nov. 21, 2013

Wrightsville Beach 30th Anniversary Flotilla

Wrightsville Beach 30th Anniversary Flotilla

Lights on the water in a parade of beautiful boats, balmy breezes (I hope), seafood and cocktails...Join us the weekend of November 29 and 30 to celebrate the 30th year of the flotilla. 

The flotilla information and video are courtesy of North Carolina Holiday Flotilla At Wrightsville Beach site:

Flotilla Schedule

29 November
5:45 PM
Captains Meeting at the Blockade Runner
6:30 PM
Atlantic Marine Holiday Flotilla Launch Party
7:00 PM
30 November
 
Festival in the Park
10 AM - 4 PM
Boat Parade
6 PM
Fireworks will immediately follow the Boat Parade

 

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Nov. 20, 2013

Hot Deals for Cold Weather - Beach Foreclosures

Wilmington NC Beach Foreclosures!

Now that there is no denying that cold weather and the holidays are upon us, it is an ideal time to consider purchasing a home at the beach.  Imagine sitting in front of a fire sipping hot beverages with friends and family while enjoying the smell and sounds of the ocean after spending the day boating, fishing and enjoying the beach. That is how we live all the time here.  Beach homes are an idyllic place to create family memories and a great source of income as short/long term rentals as well.

Although the market appeared to shift towards sellers over the Summer months (due to limited inventory and low rates), it is moving in favor of buyers again as it normally does in the off months.  As the market slows down until Spring, sellers who continue to market their properties are more apt to negotiate and exhibit motivation to reach a deal.

Check out the latest beach foreclosures here at CoastalCarolinaProperties.com: beach foreclosures

As always, if you need videos, photos, maps, floor plans, general information about neighborhoods or anything else, please contact me and I will be happy to assist.

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Nov. 19, 2013

Tour My Town - Parkside at Mayfaire

Tour My Town - Parkside at Mayfaire in Wilmington NC


Parkside at Mayfaire is nestled behind Mayfaire Town Center in a private and cozy wooded setting. The neighborhood is small and inviting, mixing a nostalgic coastal feel with functionality. The homes open to spacious front porches, wide sidewalks abound to a public garden and fountain, ponds and playgrounds, and garages are accessed via alley ways.

Enjoy a short walk or bike ride to Mayfaire Town Center to see a movie, enjoy a coffee al fresco, shop, or just go for a stroll around the quaint shopping area.

There is so much more to Parkside and the Wilmington area so please give me a call to learn more about real estate here.

 

 

Email, text, or call me at your convenience.  808-224-8816

By Paul Coffman

paul@coastalcarolinaproperties.com

Visit our main page for all Wilmington NC Homes for sale today!