Sunday, September 21, 2014

Home sales year to date-Craven-Pamlico Counties

Includes all of New Bern and Oriental

Lets take  look at  a few sales charts and see how sales are doing year to date by price range

As you can see from the chart the under $200,000 accounts for 69% of sales. So if you re wondering what is taking your home so long to sell, this chart might help. It is still  buyers market and if you do not have the ability to be price competitive might not be the time for you to sell. 

For all your real estate needs, go to or give me  call at 252 514 9157

Friday, September 19, 2014

New Bern-Certified Retirement Community

New Bern-Certified Retirement Community?

I think we need to get New Bern designted as a Certified Retirement Community. Certainly we can beat out the cities listed below. We are missing out on opportunities such as the one listed below. What do you think?

RetireNC promoted at the Ideal Living expo in N.J.

The Division’s Andre Nabors (lf)
and Fearrington Village’s Nathalie
Condoret (center) listen intently
to attendees
Tourism Development Manager André Nabors and Division representative Ashlee Kirk promoted North Carolina as a retirement destination at the Ideal Living Resort & Retirement Expo in Whippany, N.J., this past weekend. The Expo drew approximately 800 potential retirees from the region interested in exploring opportunities and conversing with exhibitors from across the Southeast. Attendees talked with experts from towns and community developers to gain insights and get answers to help plan, design and enjoy their retirement. North Carolina has consistently been one of the most requested states by the attendees. The Division attended the Expo, along with community partners from Fearrington Village Real Estate, to continue its efforts to promote the N.C. Certified Retirement Community Program, which consists of Asheboro, Eden, Edenton, Lumberton, Marion, Mount Airy, Pittsboro, Sanford, and Tarboro. For more information about the Certified Retirement Community Program or the Division's marketing initiatives for retirement relocation, contact Andre Nabors at (919) 733-7502.

Saturday, September 13, 2014

Searching for a Townhome or Condo in New Bern?

Search no more. Just click the link below and begin your search.

Let us know if you have any questions.

Wednesday, September 03, 2014

Waterfront Home Sales in New Bern

Waterfront Home Sales in New Bern and Craven County

Today we are going to take a look at waterfront home sales in both the New Bern market and the Oriental market.

Waterfront sales in New Bern and Craven County Through 8-28-2014

Total units sold=38

By price range

$100,000-$200000=9. Down 35% over last year

$200,000-$300,000=10. Down 1% over last year

$300,000-$400,000=8. Up 33% over last year

$400,000-$500,000=5. Up 400% over last year

$500,000-$600,000=3. Down  25% over last year

Over $600,000=3. Down 40% over last year

How does this stack up with past years? Lets take a look.

Waterfront sales in New Bern and Craven County through  8-28-2013

Total units sold=41

By price range






Over $600,000=5 

Waterfront sales in New Bern and Craven County through 8-28-2012

Total units sold=31

By price range






Over $600,000=1

So what is going on with Waterfront Sales?

First the good news. Average sales price is up a little over .5%. Not much, however it is heading in the right direction for the first time in years. The above $500,000 price range is still tough. Just not as many buyers in that price range and plenty of inventory, 30 to be exact. If you are selling in that price range you will need to be patient.

Waterfront Home Sales in Oriental and Pamlico County

Waterfront sales in Oriental and Pamlico County Through 8-28-2014

Total units sold=22

By price range

$100,000-$200000=5. Down 50% over last year

$200,000-$300,000=4. Down 33% over last year

$300,000-$400,000=7. Up 75%over last year

$400,000-$500,000=6. Down 14% over last year

$500,000-$600,000=0. Down 100% over last year

Over $600,000=0. Down 100% over last year

This seems a little strange to me as I would have thought the market in Pamlico County was up this year. The numbers do not lie. Still a tough buyers market in Pamlico.

Waterfront sales in Oriental and Pamlico County through  8-28-2013
Total units sold=31

By price range






Over $600,000=2

Waterfront sales in Oriental and Pamlico County through 8-28-2012

Total units sold=20

By price range






Over $600,000=0

The old adage that time heals all wounds will ultimately prove true with waterfront home sales. Unless we have another meltdown in the economy  waterfront home sales should continue to improve. The rate of improvement for high end waterfront will be very slow. Seems like waterfront buyers have downsized their price points. That said, Eastern NC is really starting to become a destination for retirees, and they ain't making anymore waterfront. 

If  we can be of assistance in anyway at this time give me a call. For all your Real estate needs please visit New Bern and Oriental Real Estate