You may remember that last January, Wilmington experienced a mere 82 real estate transactions, which was a 60% decline from the year before. While last spring picked up some, 2009 ultimately was the slowest year New Hanover County had seen since pre-millennium days. The good news is…

This January, Wilmington had 128 sales! While this hardly touches the city’s glory days (336 transactions in Jan 2006, for example), it’s certainly a lot healthier than last year, which hopefully means a healthier year to come.

In addition to this market update, I’d like to offer you first dibs on a deal before it becomes available to the public through the Multiple Listing Service.  Located on Hickory Knoll Road in the 28409 zip, this creek/marsh front cottage boasts spectacular views of the Intracoastal Waterway (see photo below).  Home is in great condition with hardwood floors, stone fireplace, butcher block island and Corian counters in the kitchen, large deck, and more. And the asking price is just $349,000! If you or someone you know has interest, please call 910-616-2171.