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Are Kitty Hawk Shores Home Prices Going Up?

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

 Home prices in Kitty Hawk Shores have seen an increase as investors come back into the market looking for vacation rental homes. The median price of a home in Kitty Hawk Shores increased to $296,000 in 2015 from $242,500 in 2014 for an increase of almost 23%. If you are thinking about selling your home in Kitty Hawk Shores, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Kitty Hawk Shores 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $3,894,700     $486,838     $267,750     150
                  Cash     6     $2,865,000     $477,500     $440,000     190
    
    Analysis By Area
                  Kill Devil Hills Oceanside     2     $2,865,000     $1,432,500     $1,432,500     163
                  Kill Devil Hills b/w Hwys     12     $3,894,700     $324,558     $267,750     168
                  Totals     14     $6,759,700     $482,836     $296,000     167
    
                  Non Co-op Sales     2     $370,000     $185,000     $185,000     183
                  Co-op Sales     12     $6,389,700     $532,475     $338,600     165
                  Total Sales     14     $6,759,700     $482,836     $296,000     167

 

    Sold Market Kitty Hawk Shores 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $2,112,400     $264,050     $238,750     176
                  Cash     1     $2,650,000     $2,650,000     $2,650,000     100
    
    Analysis By Area
                  Kill Devil Hills Oceanside     1     $2,650,000     $2,650,000     $2,650,000     100
                  Kill Devil Hills b/w Hwys     8     $2,112,400     $264,050     $238,750     176
                  Totals     9     $4,762,400     $529,156     $242,500     168
    
                  Non Co-op Sales     2     $411,400     $205,700     $205,700     36
                  Co-op Sales     7     $4,351,000     $621,571     $250,000     206
                  Total Sales     9     $4,762,400     $529,156     $242,500     168
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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