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WILMINGTON
Wilmington is a historic port city along the Cape Fear River that features three gorgeous island beaches, Carolina, Kure, & Wrightsville Beach The historic artistic culture is complemented by the small beach town aesthetic offered by top-rated pristine beaches at Wrightsville Beach, historic Carolina Beach, and Kure Beach The art, music, food, architecture, history, and natural beauty of Wilmington make it the #1 emerging market in the US (Mansion Global, 2022)
Both the $500,000-$1 million and $1 million-$2 million segments saw tremendous growth in the fourth quarter of 2022 compared to fourth quarter of 2021 (32% and 68% respectively). Interestingly, the ultra-luxury market saw a decline of 37% when comparing the fourth quarter of 2021 to that of 2022