TOPSAIL ISLAND & SURF CITY

Topsail Island is a barrier island 45 minutes to an hour north of Wilmington that includes the beach town of Surf City, as well as North Topsail Beach. Topsail Island has long been a vacation spot favorite and Surf City is one of the most popular cities on Topsail Island.

Interestingly, all price points in these areas experienced a decline in closed transactions when comparing the fourth quarter of 2021 to that of 2022 The $500,000 to $1 million saw a 23% decrease, the $1 million-$2 million saw a 25% decrease, and the $2 million plus segment saw an 80% decrease