New Hanover County, NC_Real Estate Sales Update

New Hanover County, NC Real Estate Market Statistics

Cape Fear Realtors®
July 2019

New Hanover County, NC
Real Estate Sales Update:
Wondering what the real estate market is doing in in New Hanover County, North Carolina in 2019? Curious to see a comparison of real estate sales in 2019 as compared with 2018.
Real estate is local, and yes, real estate market values and sale prices vary from neighborhood to neighborhood. They vary Town to Town and County to County. And yes, real estate sales statistics  related to each will also vary.

Obtain a Printable Copy of the above report, click here.
Interested in reliable real estate statistics where you live. Contact your REALTOR, and I am sure they can provide similar information, and a current Market Analysis if needed. Not sure about who to call, just ask, and I will be happy to help!
If you don’t have a REALTOR, let me know. I can help you locally in Hanover County , and provide guidance in all other areas! 

There is also another difference in reviewing statistical real estate reports. Is the data average sale price or is it median sale price. There is a difference in median and average.

From Wikipedia, the free encyclopedia:
Median: In statistics and probability theory, the median is the number separating the higher half of a data sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the observations from lowest value to highest value and picking the middle one (e.g., the median of {3, 3, 5, 9, 11} is 5). If there is an even number of observations, then there is no single middle value; the median is then usually defined to be the mean of the two middle values [1] [2] (the median of {3, 5, 7, 9} is (5 + 7) / 2 = 6), which corresponds to interpreting the median as the fully trimmed mid-range.

Average: An average is the sum of a list of numbers divided by the number of numbers