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Market Update – May 2022

The market is moving quickly and changing day to day. We’re here to keep you in the know and help you make the best decisions for you and your family when it comes to real estate buying, selling and investing! If you are curious about what the market is doing as of May 2022 on the coast of North Carolina, look to the market experts!


Onslow County

Number of Active Listings: 365 Listings (down 44% since 2021)
Median Listing Price – $340k
Days on the Market – 13 (down 23% since 2021)
Median Sales Price – $240k
Units Sold – 657

Pender County

Number of Active Listings: 157 listings (down 35% since 2021)
Median Listing Pirce – $500k
Days on the Market – 13 days (down 43% since 2021)
Median Sales Price – $362k
Units Sold – 213

Topsail Island

Number of Active Listings – 157 listings (down 24% since 2021)
Median Listing Price – $495k
Days on the Market – 19 days (down 24% since 2021)
Median Sales Price – $325k
Units Sold – 169

Wilmington and Wrightsville Beach

Number of Active Listings – 257 (down 39% since 2021)
Median Listing Price – $499k
Days on the Market – 15 days (down 31% since 2021)
Median Sales Price – $382k
Units Sold – 416

Carteret County

Number of Active Listings – 126 (down 43% since 2021)
Median Listing Price – $486k
Days on the Market – 22 days (down 37% since 2021)
Median Sales Price – $360k
Units Sold – 155

Todays market remains in favor of sellers! If you are a homeowner and ready to take make that move while the market is on your side, give us a call! We would be honored to help you in this process. And if you are a buyer, mortgage rates are at an all-time low! We will be resilient and help you navigate this crazy market.

910.477.4374
Castro Team