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HOLDEN BEACH & OAK ISLAND

Holden Beach & Oak Island comprise the South Brunswick Islands southwest of Wilmington. Both markets have grown tremendously throughout the last two and a half years, with unprecedented activity moving into late 2020 and throughout 2021

The southern coastal islands of North Carolina experienced a decline in both the $500,000-$1 million and the $1 million-$2 million market segments, dropping from 99 in the first quarter of 2022 to 84 in 2023 and 24 to 17, respectively These numbers align well with the fourth quarter of 2022 stats. The $2 million plus range saw a 200% increase, going from 1 sale to 2.

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