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 except for the ultra-luxury market The $500,000 to $1 million segment saw a 41% decrease and the $1 million-$2 million range saw a 20% decrease, while the smaller market above $2 million in price did see a slight uptick in closings compared to last year ’ s early summer quarter