FIGURE 8, PORTER'S NECK, & HAMPSTEAD

Figure Eight Island, Porter's Neck, and Hampstead are north of Wilmington Porter's Neck and Hampstead are two emerging markets that are developing a robust luxury market, while Figure Eight remains one of the region’s flagship upscale communities with some of the most significant coastal estate homes in the Carolinas.

This pocket of the market saw an increase of nearly 50% from the fourth quarter of 2021 to the fourth quarter of 2022 in the $500,000-$1 million market The $1 million-$2 million saw a 25% increase and the ultra-luxury segment saw 0 closings above $2 million mark in the recently completed fourth quarter