"It’s definitely worth seeing. It’s just a very, very special and unique property," Clark said.
Kathleen Baylies, broker in charge at Just For Buyers Realty, described more trends shown by the April luxury home sales report, which was compiled from data pulled from the N.C. Regional Multiple Listing Service.
"Even with the significant number of new listings, the area's overall inventory is down from year to year," she said in the report. "That has a big impact on the rising price trend we're seeing with luxury homes."
In terms of sales in April, the report said, 12 high-end homes sold (two more than in April 2018), nine in New Hanover and three in Brunswick, while 21 other luxury homes went under contract. Those sales are expected to be finalized this summer. Only five homes priced at $1 million or more were under contract during the same month last year.
Riverlights Could Add 73 More Townhomes To Mix, Site Plans Show
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Apr 18, 2024
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The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.