Bald Head Island 2012 Summary

Avg. Listing Price $964,611 Wk ending Dec 26
+$4,417
+0.5%
Median Sales Price $435,000
-24.3%
332 Homes For Sale
16 Recently Sold
1 Foreclosures

Prices and sales remained steady in 2012 according to published information. Many buyers are showing caution while looking, citing the resolution of the "fiscal cliff" crisis as the point when they will "pull the trigger." Distressed properties are at an 3 year low, indicating that median sales prices will rise in 2013. For those looking to get a "steal" on  vacation/investment property, this year will present more limited opportunities. Sellers are getting around 90% of their asking price. Fractional ownership property is still outselling whole ownership property, indicating a conservative trend.