The Rich Company
Residential
Commercial
Farm & Timberland

Residential
Commercial
Farm & Timberland



Professional Full-Time Licensed Agents
Our agents are full time; real estate is all we do, all the time.
They are highly trained, experienced and respected agents with combined experience of over 350 years.


A Solid Foundation with the Professional Edge...

The Rich Company offers a large selection of real estate in Washington NC, Beaufort County, and coastal eastern North Carolina. Luxury waterfront homes, mid-range homes, starter homes, condos, historic properties, commercial, new construction, lots, farms and timberland, and acreage for sale throughout Beaufort County, North Carolina. The Rich Company also covers Bath, the oldest town in N.C. The Rich Company has been the number one sales leader in Beaufort County since 1972. Now is the time to buy real estate in coastal Carolina...Enjoy sailing, boating, fishing...all just minutes from the Intracoastal Waterway. E-mail or call 1-800-849-2456 to find out more about what our agents can do for you. They will gladly provide you with current information on available properties in eastern North Carolina.  

 
  • 4 Beds
  • 3 Baths
  • 2500 sq ft

The State of Real Estate

August 2nd, 2018 by ResidentialCommercialFarm & Timberland

THE STATE OF REAL ESTATE
BEAUFORT COUNTY, NCTom Atkins

We are halfway through 2018 and real estate in Eastern NC and Beaufort County is red hot! These are very exciting times as we approach sales numbers not seen in 12 years. Homes sales for the first six months of 2018 were at 297 compared to 235 during the first six months of 2017. That’s a 26% increase! The average home price increased to $199,473 during this period compared to $185,895 last year. That is a 7% increase. The current inventory of available homes in Beaufort County stands at 335 homes. The average price is $275,437 and the average Days-On-the-Market (DOM) is at 184. Home prices in Beaufort County currently range from $20,000 to $1,200,000. The average non-waterfront price, right now, in Beaufort County is $229,060.

Waterfront home sales during the first six months were even more impressive. Fifty-seven waterfront homes were sold in Beaufort County in the first six months of 2018 compared to 38 last year. That’s a 50% increase! Also, the average price of a waterfront home increased from $305,589 to $325,125. The Days-On-the-Market (prior to selling) also improved from 273 to 251 in 2018. The current inventory of waterfront homes in Beaufort County stands at 100 homes with an average list price of $390,952 and an average DOM of 240.

The sale of waterfront building lots of less than 3 acres is at 13 lots in 2018, the same as the first six months of 2017. Average price per sale decreased from $98,461 in 2017 to $66,496 in 2018. Average DOM increased from 209 to 241. Non-waterfront building lots of less than 3 acres improved from 30 in 2017 to 39 in 2018. The average selling price also improved from $25,235 in 2017 to $31,587 in 2018. Average DOM vastly improved from 545 in 2017 to 278 in 2018.

Currently in Beaufort County there are 432 land tracts available, priced from $4,900 to $5,000,000. There are 120 waterfront land / lots available, right now, at an average price of $147,352.

There were 15 commercial properties sold in Beaufort County during the first six months of 2018 compared to just 7 commercial properties sold in the first six months of 2017. The average price per sale is at $183,060 in 2018 versus an average of $186,785 in 2017. The largest commercial sale in Beaufort County so far this year was $2,745,900. There are currently 41 commercial properties available in Beaufort County with an average price of $350,253. Prices for available commercial properties range from $2,000 to $3,975,000.

Realtors in Beaufort County are working hard for our customers. Our listings are shared with over 5,000 members of our NC Regional MLS. A property listed by a Beaufort County Realtor receives global exposure and is syndicated on over 100 websites worldwide. If you are considering buying or selling a property in Beaufort County, contact a local Realtor for guidance on pricing, marketing, and all the steps necessary to buy or get your property sold by a professional.

If you have specific real estate questions feel free to contact me, Tom Atkins, at tom@therichcompany.com or call me at 252-943-1169.

Ernul, NC Lots for Sale

August 2nd, 2018 by ResidentialCommercialFarm & Timberland

Quiet county living, close to New Bern, but out of city limits. Lot has septic permit in place. Mostly wooded lot ready for you to build. Waters lovers can enjoy the public boat ramp that is only minutes away on Swift Creek.

http://www.therichcompany.com/ernul-nc-lots/

Join Our Team

July 26th, 2018 by ResidentialCommercialFarm & Timberland

The Rich Company
Main Office
1468 Carolina Avenue
Washington, NC 27889
252-946-8021
800-849-2456
properties@therichcompany.com

The Rich Company
Bath Branch Office
423 Carteret Street
Bath, NC 27808
252-923-7424
800-633-9208
richcobath@therichcompany.com

The Rich Company
Copyright 2018
Design by Dawn Inc

Photos Courtesy of
Larry Boyd, Photographer
Alex Grichenko, Photographer


Eastern NC Real Estate
Beaufort County NC Real Estate
Washington NC Real Estate