Welcome to our “St. James Exposed! The Real Story on Real Estate” video series. This is the first episode where Jack Hamilton will discuss what is happening with the resale market in St. James Plantation in Southport, North Carolina.
Jack shares that for April 2016, there were 165 listings for sale with a total of 39 being sold or placed under contract. However, during the same period of time, there were 30 new listings add to the inventory. There is a 15 month supply of inventory. The average number of days on the market for a listing is 160 days and currently it is a “buyer’s market in St. James.”
What does this information mean to you as a seller in St. James? Jack recommends that “if you don’t have to sell your home right now, take it off the market.”
Jack and Dana (part-time) are residents of the St. James Community and involved in many social activities in the local area. If you are needing to sell your home and reside in St. James, then contact them to discuss how they may help.
Stay tuned for upcoming episodes of “St. James Exposed! The Real Story on Real Estate” by subscribing to Carolinas Connect Realty on Facebook or get your free report at https://stjameshousevalues.com.