We are starting to feel the effect of the tax credit ending for most of us on June 30th. Overall, the figures for the Onslow County real estate market showed a decrease for the 2 month period ending July 31. The current supply of homes increased from 4.8 months to 5.6 months.
Click on the chart to see full-size image.

The only improvement was in the Sneads Ferry area where the housing supply dropped from 7.9 months to 7.6 months. All other areas showed an increase in the housing supply.

I am still finding that most military buyers are unaware of the tax credit being extended 1 year for those military personnel who were deployed more than 90 days between January 1, 2009 and April 30, 2010. Check with your tax professional for the details and see if you qualify for the $8,000/$6,500 Tax Credit

With the tax credit ending on June 30th and no extension of the June 30th deadline passed by the Congress until the last minute, homeowners were rushing to close by June 30th to make the deadline.

This rush to close by June 30th and the normal busy sales cycle starting the first of June caused substantial improvement in the Absorption Rate figures for the May-June time period. The overall Onslow county market improved from 5.6 to 4.8 months to sell existing home inventory. Click on the chart to see full-size image.

The biggest improvement was in the Sneads Ferry area where the housing supply dropped from 13.1 months to 7.9 months. This improvement was mainly in the homes under $200,000 – you see it in the difference between Average Price of Homes Listed ($288,247) and the Average Price of Homes Sold ($193,225).

Next month’s report will start to show less tax credit influence, though the tax credit will still be available to those military personnel who were deployed more than 90 days between January 1, 2009 and April 30, 2010. Check with your tax professional for the details and if you still qualify for the $8,000/$6,500 Tax Credit

This report will list by area ALL Homes Listed for Sale in the last 7 days in the Jacksonville NC Real Estate Market. If you are planning on selling your home in the near future, learn how to save thousands with my Low Cost 3.9% Listing Program. My Progressive Marketing Plan  attracts hundreds of buyers for Quick Sales and Top Market Dollar for Your Home.

Each of the links below will give you a detailed MLS listing of each home for sale in that area. Each home for sale has been listed in the last 7 days and include as many as 9 photos. I have included a short description with each area to help you locate your favorite subdivisions:

Area 1 - City of Jacksonville - Acorn Village, Aldersgate, Brynn Marr, Bay Meadows, Bayshore, Branchwood, Country Club Hills, Country Club @ The Village, Carolina Forest, The Commons, Forest Hills, Foxhorn Village, Northwoods, Osprey Pointe, Sherwood Forest, The Gables, Williams Farm, Williamsburg Plantation, and Woodlands

Area 2 – Piney Green - Maysville Area - Aragona Village, Azalea Acres, Brookstone, Evan’s Crossing, Horsecreek Farms, Highland Forest, Marshall Farm, Montclair, Regalwood, Sterling Farms, White Oak Estates, White Oak River Plantation, and Windsor Manor 

Area 3 – Swansboro – Hubert Area - Blue Haven, Bohicket Landing, Charleston Park, Creeker Town South, Eastport, Forestbrook, Foxden, Foxlair, Foxtrace, Garland Shores, Halls Creek North, Halls Creek Hammocks, Highlands at Queens Creek, Huntington Woods, Ivy Ridge, Kingsbridge, Queens Creek, River Reach, Rogers Farm, Swansboro Acres, Swansboro Heights, The Hammocks at Port Swansboro, The Villages at Swansboro, Timber Ridge, Trailwood, Waters Edge, Woods Edge

Area 4 – Sneads Ferry – Holly Ridge Area - Chadwick Acres, Chadwick Shores, Escoba Bay, Justice Farm, Kings Harbor, Mimosa Bay, Neighborhoods of Holly Ridge, North Shore Country Club, Old Millstone Landing, Old Settlers, Pine Ridge Townhomes, The Landing @ Mill Creek, Volusia Point, and Wildroots

Area 5 – Southwest Area between US 17 and NC 53 - Dawson Place, Fieldstone at Haws Run, Kanton Ridge, Kanton Hills, Mallard Creek, Plum Point, Rockford Forest, Sewell Fields at Verona, South Creek, Southwest Commons, Southwest Plantation, Springdale Acre, Thompson Farms, and Willow Run

Area 6 – Richlands Area – north of NC 53 and west of US 258 - Ashbury Park, Blue Creek Estates, Blue Creek Farms, Cherry Grove, Cherrywoods, Eagle Chase, Hackney Ridge, Harvest Plantation, Kingswood, Live Oak Estate, Meadow Farms, Meadow Oaks, Simpson’s Crossing, Tallman Acres, Turner Farms, Turtle Creek, Walnut Hills, Willie Field, and Winding River Estates.

Area 7 – Northeastern Onslow County - east of US 258 and north of Jacksonville - Briarneck Landing, Bridlewood, Deerfield, Harvest Ridge, Hill Farms, Killis Hills, Lauradale, Magnolia Garden, Maidstone Park, McArthur Heights, Melody Pointe, Planters Ridge, Raintree, Rock Creek, The Bluffs at New River, Timber Creek, and TriField Estate, and Westgate

If you have additional questions on listing your property or would like to schedule a showing, call or text Walter Whitehurst (910) 340-5524

If you are looking for the Best Tool on the Internet to give you an overall picture of the Real Estate Market in Jacksonville – Swansboro – Richlands area, you need to try out Market Snapshot.  It provides detailed information on homes for sale and those that have sold. In addition, there are separate tabs for Community and School Information with interactive maps showing location of stores, schools, hospitals, grocery stores, banks, churches, etc.

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