I hope your 2009 ended well and that your New Year is off to a great start! Our team ended the year strong with a 60% increase in sales, putting us in the top 1 percentile of agents in Wilmington.

As a whole, New Hanover County ended the year with just over 2500 transactions, down 11% from 2008.  The ’09 average sales price was also down 11% from last year and average days on market up 17%.  Total closed dollar amount (the sum of sales prices of all sold homes) declined 21%. 

With interest rates bouncing above and below 5% (for a 30-year fixed), this continues to be a great time to move up or buy a first home. If you or anyone you know has plans to buy, sell or invest in the New Year, please don’t hesitate to give us a call.  We are by no means the high-pressure sale type, and we promise to take great care of you!

This entry was posted on Sunday, January 3rd, 2010 at 2:35 pm and is filed under Mortgage, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.