The Good, the Bad and the Ugly on Kure Beach Real Estate for 2013
I wrote about 6 months ago how Kure was going against the tide of the Wilmington real estate recovery. So where does the market stand now and how dramatic is the situation? Well if you look at these 2 graphs it’s not looking good:
When you look at the top quartile by itself it looks grim. And when you look at the medians it looks dramatic as well, however you’re just talking about slight dip or 440s to 430s with a short term trend up. The challenge with Kure Beach real estate data is that there are so few homes sold each month that one can easily jump to conclusions based on what homes HAPPENED TO SELL THAT MONTH. If a large home sells that month it throws off the numbers big time and distorts the market.