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Are Kitty Hawk Beach Home Prices Going Up?

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

 The price of a home in Kitty Hawk Beach took another hit in 2015 with the median price falling nearly 5% to $315,000. However, sales are improving as the number of homes sold increased from 18 to 21, so it appears there are plenty of buyers out there. If you are thinking about selling your home in Kitty Hawk Beach, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Kitty Hawk Beach 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     14     $5,304,750     $378,911     $368,125     168
                  Cash     6     $1,819,000     $303,167     $260,250     105
                  Owner Finance     1     $265,000     $265,000     $265,000     111
    
    Analysis By Area
                  Kitty Hawk Oceanside     2     $519,000     $259,500     $259,500     104
                  Kitty Hawk between Hwys     16     $5,786,500     $361,656     $315,000     158
                  Kitty Hawk Westside     3     $1,083,250     $361,083     $355,000     123
                  Totals     21     $7,388,750     $351,845     $315,000     147
    
                  Non Co-op Sales     1     $245,000     $245,000     $245,000     184
                  Co-op Sales     20     $7,143,750     $357,188     $331,000     146
                  Total Sales     21     $7,388,750     $351,845     $315,000     147

 

    Sold Market Kitty Hawk Beach 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Other     1     $655,000     $655,000     $655,000     48
                  Conventional     12     $4,543,000     $378,583     $348,100     217
                  Cash     5     $1,561,500     $312,300     $308,500     137
    
    Analysis By Area
                  Kitty Hawk Oceanside     1     $305,000     $305,000     $305,000     35
                  Kitty Hawk between Hwys     16     $6,171,500     $385,719     $340,600     203
                  Kitty Hawk Westside     1     $283,000     $283,000     $283,000     64
                  Totals     18     $6,759,500     $375,528     $329,100     186
    
                  Non Co-op Sales     3     $1,330,000     $443,333     $350,000     72
                  Co-op Sales     15     $5,429,500     $361,967     $327,000     208
                  Total Sales     18     $6,759,500     $375,528     $329,100     186
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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