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Are Sanderling Home Prices Going Up?

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

 Unfortunately, home prices in Sanderling are not seeing any improvement. The number of sales, the median price and the average price have all fallen since last year. Still, the market moves on and sales are happening. If you are thinking of selling your home in Sanderling, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Sanderling 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     5     $2,730,200     $546,040     $489,900     471
                  Cash     1     $515,000     $515,000     $515,000     38
                  Jumbo Loan     1     $741,500     $741,500     $741,500     109
    
    Analysis By Area
                  Duck Oceanside     3     $1,513,000     $504,333     $403,000     629
                  Duck Westside     4     $2,473,700     $618,425     $621,150     154
                  Totals     7     $3,986,700     $569,529     $515,000     358
    
                  Non Co-op Sales     1     $403,000     $403,000     $403,000     821
                  Co-op Sales     6     $3,583,700     $597,283     $620,000     280
                  Total Sales     7     $3,986,700     $569,529     $515,000     358

 

    Sold Market Sanderling 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     5     $3,702,500     $740,500     $850,000     226
                  Cash     3     $2,161,500     $720,500     $665,000     212
    
    Analysis By Area
                  Duck Oceanside     7     $4,885,000     $697,857     $665,000     222
                  Duck Westside     1     $979,000     $979,000     $979,000     211
                  Totals     8     $5,864,000     $733,000     $757,500     221
    
                  Non Co-op Sales     3     $2,357,500     $785,833     $900,000     203
                  Co-op Sales     5     $3,506,500     $701,300     $665,000     232
                  Total Sales     8     $5,864,000     $733,000     $757,500     221
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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