Crystal Coast February Market Report 2023

Our February Market Report of 2023 is an overview of Carteret County statistics over the past 20 years. The Crystal Coast, also known as the Southern Outer Banks, consists of 85 miles of white sandy beaches. Bogue Banks, a barrier island off our mainland of the Crystal Coast, is 21 miles of shoreline. Bogue Banks consists of our beach towns Atlantic Beach, Pine Knoll Shores, Indian Beach, and Emerald Isle. Our stats will also include mainland Crystal Coast towns such as Morehead City, Newport, Beaufort, Cape Carteret, and Down East villages.

Days on Market

When discussing February Market Reports of 2023 with prospective clients, Bluewater Realtors frequently reference days on the market. This signals sellers that your property will result in a quick sale at a higher price than we have seen in the past few years. Our days on the market remain low through February 2023.  Low days on the market mean high buyer demand.

February Market Report 2023 Average Sold Price

The average sold price in Carteret County will also help you determine the best time to sell. Average sales price and days on the market often complement each other. As days on the market increase, the average sales price typically decreases. According to the February 2023 Market Report, our average sales price per home is peaking. Crystal Coast homes are selling at or very close to the listed price. Our coastal real estate market remains strong in the first quarter of 2023.

The Bottom Line

If you want to purchase real estate or are interested in knowing how much your home is worth, don’t hesitate to reach out. Our Real Estate agents are here as a free resource to help you make the best decision.