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Are Martin's Point Home Prices Going Up?

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284

While homes are selling in Martin's Point, the home prices are not going up.

    Sold Market Martin"s Point 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     13     $6,559,500     $504,577     $440,000     254
                  Cash     6     $4,658,000     $776,333     $580,000     283
    
    Analysis By Area
                  Martins Point     19     $11,217,500     $590,395     $440,000     263
                  Totals     19     $11,217,500     $590,395     $440,000     263
    
                  Non Co-op Sales     0                    0
                  Co-op Sales     19     $11,217,500     $590,395     $440,000     263
                  Total Sales     19     $11,217,500     $590,395     $440,000     263

 

    Sold Market Martin"s Point 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     11     $6,245,850     $567,805     $535,000     190
                  Cash     7     $4,415,300     $630,757     $465,000     200
                  Jumbo Loan     1     $800,000     $800,000     $800,000     123
    
    Analysis By Area
                  Martins Point     19     $11,461,150     $603,218     $535,000     190
                  Totals     19     $11,461,150     $603,218     $535,000     190
    
                  Non Co-op Sales     3     $2,608,000     $869,333     $573,000     430
                  Co-op Sales     16     $8,853,150     $553,322     $476,000     145
                  Total Sales     19     $11,461,150     $603,218     $535,000     190
Posted by

Greg Cremia

Broker/Owner

Shore Realty

Helping People Buy and Sell Outer Banks Real Estate Since 1989!

800-647-1868

greg@ShoreRealtyOBX.com

 

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