Published August 4, 2023

Around the Azalea Coast | August 2023

Written by Kirk Pugh

Around the Azalea Coast | August 2023 header image.

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Make it your PLACE: the North Carolina Coast.

What's Up: State of RE Market

Average sale price up, and rising, listing inventory down, closings down, and interest rates topping 7%. Kirk Pugh gives his quick update on the real estate market in the Cape Fear region.

This Month: Dog Days of Summer

The dog days of summer are officially over on August 11. We are ending the summer strong because March to August is historically the best time of year to sell a house. The month of August can see the highest prices and homebuyer demand, more homes sold above list price, and lower median days on market.

If you are thinking about selling, the best place to start is with a complimentary home valuation. This report is interesting and important whether you are ready to sell now, or making a plan for the coming year. Then, we can send monthly market reports. If you'd like to know what other information I can send you, let me know.

Best Trees to Plant in Coastal North Carolina

According to the North Carolina Arboretum, the best time to plant shrubs and trees is fall and winter, so planning for new trees at the end of August is ideal. Selecting the right tree species for this region is essential, as coastal areas are prone to saltwater exposure, strong winds, and sandy soils. Find a list of the best trees to plant.

Great Properties: Listings to Notice

4254 Gordon Road
Wilmington NC 28405
$340,000
3 bd 2 ba 1458 sqft
See the listing.

3432 Eagle Crest Dr SW
Supply NC 28461
$100,000
.75 acres
See the listing.

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