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St James’ Monthly Market Update

Competitive Market Activity

Currently there are 55 single family homes for sale in St James.

  • Priced from $439,500 to $2,700,000
  • From New Construction to 28 years old
  • From 1,228 to 5,849 square feet
  • Averaging $301/list price per square foot
  • Average price is $955,640.

Currently there are 28 homes under contract in St James

  • Priced from $489,000 to $1,750,000
  • From New Construction to 30 years old
  • From 1,629 to 4,247 square feet
  • Averaging $288/list price per square foot.
  • Average price is $832,627.

Comparative Market Analysis

171 homes sold in the past year in St James

  • Homes sold for an average of $272/square foot.
  • Buyers paid an average of 98% of their list price.

29 homes sold within the last three months in St James

  • Average sold price for homes was $856,148.
  • Average sold price per square footage was $273.
  • Buyers paid an average of 97% of their list price.
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Meet Three Rivers Realty newest Realtor, Will Tracy

Born and raised in coastal New Jersey, always living just minutes from the beach. While visiting his brother, Colin, who had already made Wilmington his home Will knew immediately that this was the perfect spot for him. Having fallen in love with the greater Wilmington area, Will planted deep roots in North Carolina’s port city and surrounding beaches.  It soon became even more perfect when he met an amazing woman. Natalie and Will were married under Carolina blue skies and blasting sunshine on March 18, 2022. Adding to their joy was the arrival of their son, Travis.

As a new homeowner, he is excited about his next chapter in Wilmington and ready to help you start your own.

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You CAN Always Get What You Want…

With a nod to the Rolling Stones’ famous lyrics, St James’ home buyers CAN get what they want. Today there are 56 single family homes for sale. With the highest inventory we have seen in quite a while, we are comfortable in offering you an excellent selection of homes in St James Plantation in coastal North Carolina.

    Homes Priced from $475,000 to $2,700,000

    Smaller Homes to Larger Homes from 1,629 sq. ft. to 5,849 sq. ft.

    Ages of Homes Span those Built in 1994 to 2023.

    I can front end your research for you, give me a call or text 910-367-3989 or AllynTracyHeck@Gmail.com and let me know more about what you want. No Strings. No Pressure. Insight and Information on Your Investment.

    I have been selling homes in St James since 2004.

    Allyn Heck

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    Insider’s Secret to Dressing in NC

    Natives of North Carolina frequently say, “If you don’t like the weather, wait.” When we first moved here in 2003, I didn’t understand what that meant but it didn’t take long for me to get it.

    Today was a perfect example…
    As always, I started my morning walking with my dog, Lucy. It was a bundle-up kind of day with a brisk temperature registering 36 degrees. Our afternoon walk was a pleasant, sunny 55 degrees; requiring just a sweater.

    Last week, Lucy and I took a nice long walk on the nearby Oak Island beach. Here we were in the middle of February seeing so many folks enjoying the sun, sand and living their spectacular good life.

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    St James’ Monthly Market Update

    In St James, there have been 25 homes added to the market since New Years’ Day.

    St James Plantation has 56 homes for sale providing a healthy selection of homes in all price points, sizes, locations and designs. These listed homes are averaging $302/per square foot.

    Unlike the seller-centric market of limited inventory, high prices and frenetic buying, we are seeing a much healthier pace of sales. The average time on the market for the 21 homes under contract is now 77 days.

    There were 22 homes sold since December 13, 2023. Spanning price ranges from $418,000 – $1,435,000; averaging $283/per sold square foot. Buyers paid an average of 96% of their list price.

    And there is no snow to shovel here!

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    Holiday Travel Tips

    All of my children, grandchildren, sisters, brothers, nieces, and nephews all live 600 miles from St James, North Carolina in Monmouth County, NJ. The location of St James on the southernmost coast of North Carolina is easily accessible by car or plane. Here is some expert advice that will help you whether you are going to or from St James Plantation.

    Air Travel

    With two area airports within easy reach, visiting family is both affordable and stress free. Wilmington International Airport https://flyilm.com/ and Myrtle Beach International Airport https://www.flymyrtlebeach.com/. Both airports offer many airlines and multiple travel destinations.

    Car Travel

    The best day to travel is on a Wednesday, the exception is the day before Thanksgiving which has the reputation for being the busiest day all year to drive.

    The target time to be on the road is between 4-6 in the morning.

    Happy Holidays and Safe Travels!

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    St James’ Monthly Market Update

    HOMES

    Our single-family home Inventory has shown a healthy increase in October 2023. There are now fifty-five homes for sale: ten more than in September. In the month of October, seventeen homes entered the market.

    In addition, there are eighteen homes under contract. Many homes have been placed under contract in October.

    October 2023 experienced a robust month of sales, with sixteen homes sold. Buyers paid an average of 97% of their list price. In October 2022, the sales volume was comparable to 2023, however, the price-per-square foot was $16 less per square foot than this year. Calculate that average $16/ square foot increase on the purchase price of a 2,000 square foot home. 

    Measuring October’s impact on housing price trends:  both the average listed price-per-square-foot and the inventory increased significantly. These factors contribute to the current healthy housing market… a win-win for buyers and sellers.

    CONDOMINIUMS + TOWNHOMES

    The market activity for condominiums is holding steady. Today there are sixteen condominiums for sale representing the St James’ communities of Marsh Winds, Club Villas, and Harbor Walk. 

    Ten condominiums and one townhome are under contract. Prices remaining constant for Marsh Winds, Club Villas, and the new construction units of Harbor Walk. Ship Watch Villas, a rare commodity for sale, was under contract with only 3 days on the market.

    In review of the sales activity for October 2022 vs. October 2023, mirrored each other with only two units sold. All different communities, locations, and price points. For detailed information on any condominium or townhome community in St James, contact Allyn Heck, Broker, 910-367-3989 or AllynTracyHeck@Gmail.com 

    LAND

    Prices remain competitive, the limited inventory continues to challenge buyers. There are only thirteen lots for sale with an additional three lots under contract. In October 2022, there were eight lots sold; the highest-priced property was $272,000. In October 2023, there were only two lots sold, the lowest-priced property was $335,000. Low existing inventory, a slow replenishment of new listings and rising land costs are directly impacting potential buyers and current property owners.

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    No Time for Coats, Hats, Gloves, Scarves or Snow Boots

    The month of October seems to be everyone’s favorite in St James. The weather is perfectly delightful with blasting sunshine and Carolina blue skies. Temperatures range from 52-72 just about every day.

    The gorgeous weather benefits everyone, especially golfers, pickleball and tennis players, cyclists, walkers. The outdoor dining and tiki bar in St James, overlooking the marina, is a top choice for visitors, and residents year-round. Here’s a little secret…October when coats are a distant memory… and we are outside enjoying life…we know we are living our best life.

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    Freshest Seafood is Right Here

    Restaurants, and fresh fish markets abound to the delight of residents and visitors in St James, Southport and Oak Island, North Carolina. Look for the symbol of the locally sourced seafood, Brunswick Catch created by local commercial fishermen + restaurant owners.

    Don’t be surprised that the shrimp, blue crabs, grouper, flounder, oysters, or clams on your plate were in our waters just a few hours ago.

    There are many excellent restaurants in our area, go to the Brunswick Catch website for more information. If you wish to buy and cook the freshest seafood: Haag + Sons or Clem’s Seafood on Oak Island or Potter’s Seafood in Southport.

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    The Secret of the St James’ Shoreline

    St James Plantation fronts on the tidal Intracoastal Waterway. What you may not know is that underneath the crystal clear, coastline waters there is a highly effective environmental project happening. All Day. Every Day. The St James Conservancy is 120 members strong. It is responsible for placing hundreds of bags of Eastern Oysters along our shoreline. Here’s why …..

    The Eastern Oyster sucks in the ICW water, filters out the plankton and detritus. Then the hard-working oysters spit the water back out thus cleaning the surrounding water. One oyster can filter up to 48 gallons of water over 24 hours.