Inventory Is Up But So Are Prices
Greetings!
In looking at the St. James Plantation market since the beginning of the year, I am seeing more properties selling at higher prices than last year. With inventory significantly higher, buyers are taking longer to make their purchase decisions, thus increasing the days on market. Interest rate moves have not affected the market in the community as most buyers are showing up with cash for their purchases, adding to its strength.
I am always available to answer your real estate questions, so give me a call.
Tom
Property of The Month
2761 Cedar Crest Drive, Southport
List Price: $899,900 | Sold For: $890,000
This newly constructed condo is located at HarborWalk at St. James, an established condominium community adjacent to the St. James Marina Village. This 3 bed, 3 bath unit features an open concept plan and a spacious kitchen, leaving no finish detail behind. Association amenities include a private pool and poolside grilling station. Membership to the private Clubs at St. James with its four golf courses, tennis, fitness, pickleball and dining is available with this property.
Things To Do
When you want to kick back a bit, enjoy a cold drink and listen to music, make a visit to American Fish Company. Originally an old fish shack, American Fish Company can be found in the heart of historic Southport’s Yacht Basin at the foot of Yacht Basin Drive. Be forewarned, it is a Member's Only Club... but membership is only $2. (Sign up is quick and easy!)
This property was used as a fully operating commercial fishing facility where fishermen unloaded their catch of grouper, snapper, swordfish and flounder for locals and mainland markets until 2003. At that time, the business was bought by a local businessman who, in 2009, opened the doors as the pub you see today. American Fish Company, with its storied past, now serves cold beverages on the water with a breathtaking view you have to experience to believe!
Thomas McCloskey
Broker/REALTOR®
Certified Negotiation Expert
Certified Buyer Representative
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