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Are North Ridge Estates Home Prices Going Up?

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

 Oh yea, home prices in North Ridge Estates are going up. If you own a house in North Ridge this should come as good news. This doesn't mean prices are back to where they were during the real estate boom, but they are heading in the right direction.

    Sold Market North Ridge Estates 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     2     $577,000     $288,500     $288,500     95
                  FHA     2     $455,000     $227,500     $227,500     144
    
    Analysis By Area
                  Nags Head Westside     4     $1,032,000     $258,000     $252,500     119
                  Totals     4     $1,032,000     $258,000     $252,500     119
    
                  Non Co-op Sales     2     $577,000     $288,500     $288,500     95
                  Co-op Sales     2     $455,000     $227,500     $227,500     144
                  Total Sales     4     $1,032,000     $258,000     $252,500     119

 

    Sold Market North ridge Estates 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     2     $490,900     $245,450     $245,450     138
                  VA     1     $260,000     $260,000     $260,000     64
                  Cash     1     $171,000     $171,000     $171,000     203
    
    Analysis By Area
                  Nags Head Westside     4     $921,900     $230,475     $240,500     136
                  Totals     4     $921,900     $230,475     $240,500     136
    
                  Non Co-op Sales     1     $171,000     $171,000     $171,000     203
                  Co-op Sales     3     $750,900     $250,300     $260,000     113
                  Total Sales     4     $921,900     $230,475     $240,500     136

 

If you are contemplating selling your house in North Ridge Estates, give me a call of click one of the links below.

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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Comments(1)

LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

HI Greg looks like a good time to lock in a home if you are a North Ridge buyer

Jan 19, 2016 01:51 AM