October 2011 Market Update from Carova, NC 27927

October was right on par with September's sales in Carova. My belief is still that 2011 will see the most transactions in 5 years, and that this can be the first step to recovery. Total transactions year to date are slightly up over 2010. I am being told that sales are up on the other beaches along the Outer Banks. This is proving to be a great year for real estate sales in Carova, NC.  Whether you are interested a house or land, now seems to be right time to buy.

Here is a list of what has sold this past month.

October

10/4/11 --- 2029 Sandfiddler Rd. --- $260,000

10/13/11 --- 2008 Sea Horse Rd. --- $27,000

10/13/11 --- 2011 Sandpiper Rd. --- $70,000

10/14/11 --- 525 Swan Rd. --- $95,000

10/14/11 --- 1632 Sandfiddler Rd. --- $351,000