May 2013 Absorption Rates for Onslow County (aka Area 1-7)

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May 2013 Absorption Rates For Onslow County (Areas 1 – 7) *

 

New Construction # Sales # Sales # Sales Currently Of Inventory

 

Past 12 Months Past 6 Months Past 3 Months **Number Number of Months

 

Sold Rate / Month Sold Rate / Month Sold Rate / Month Active 12 mos 6 mos 3 mos

 

Under $150,000 153 12.75 58 9.67 33 11.00 56 4.39 5.79 5.09

 

$150,001 – $175,000 477 39.75 234 39.00 119 39.67 161 4.05 4.13 4.06

 

$175,001 – $200,000 304 25.33 142 23.67 78 26.00 190 7.50 8.02 7.31

 

$200,001 – $225,000 201 16.75 82 13.67 38 12.67 107 6.39 7.83 8.45

 

$225,001 – $250,000 163 13.58 85 14.17 45 15.00 92 6.77 6.49 6.13

 

$250,001 – S275,000 102 8.50 53 8.83 34 11.33 51 6.00 5.78 4.50

 

$275,001 – $300,000 39 3.25 18 3.00 11 3.67 23 7.08 7.67 6.27

 

$300,001 + 33 2.75 12 2.00 9 3.00 52 18.91 26.00 17.33

 

Past 12 Months Past 6 Months Past 3 Months **Number Number of Months

 

Re-Sales # Sales # Sales # Sales Currently Of Inventory

 

(excluding REOs) Sold Rate / Month Sold Rate / Month Sold Rate / Month Active 12 mos 6 mos 3 mos

 

Under $150,000 368 30.67 161 26.83 97 32.33 520 18.95 19.38 16.08

 

$150,001 – $175,000 154 12.83 55 9.17 36 12.00 245 19.09 26.72 20.42

 

$175,001 – $200,000 104 8.67 41 6.83 28 9.33 118 13.61 17.28 12.65

 

$200,001 – $225,000 62 5.17 22 3.67 12 4.00 76 14.70 20.71 19.00

 

$225,001 – $250,000 25 2.08 8 1.33 6 2.00 73 35.01 54.89 36.50

 

$250,001 – $275,000 18 1.50 6 1.00 2 0.67 36 24.00 36.00 53.73

 

$275,001 – $300,000 18 1.50 3 0.50 3 1.00 25 16.67 50.00 25.00

 

$300,001 + 42 3.50 19 3.17 11 3.67 148 42.29 46.69 40.33

About McKenzie Johnson

I am a Real Estate Broker with over 13 years experience in the industry. A fan of anything the color orange, long walks on the beach eating dried cuttlefish, four legged friends, new adventures in cooking or travel. A REALTOR and real estate consultant living and working in North Carolina with information to share. I would love to demystify the process for you. . .I think real estate is a tremendous investment for just about everyone. . .not just for the financial aspect, but also the idea of owning a piece of the American Dream, a chunk of earth, literally, with your name on it. I love what I do and who I get to meet through my job, the most rewarding part is handing a family their very first set of house keys! I hope you will find helpful information here, and it is just that, information, please don't take it as gospel, just my take on real estate and the world around me. For additional information and how to contact me, visit my website www.910Homes.net. I serve the Onslow County area which includes the military bases: Camp Lejeune, New River MCAS, Camp Johnson, Camp Gieger and more.

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