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Kitty Hawk Mid Year Market Update 2016

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

       The data below outlines the sales activity for home sales in the town of Kitty Hawk  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 48 homes were sold. Kitty Hawk has broken out of the doldrums that have been plaguing the community for far too long and is experiencing a resurgence in sales..

If you are thinking about selling your home in Kitty Hawk, give us a call or click one of the links below to find out what we can do for you.

 

 

    Sold Market Kitty Hawk
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Other     1     $275,000     $275,000     $275,000     158
                  Conventional     31     $9,520,377     $307,109     $308,000     146
                  FHA     2     $409,000     $204,500     $204,500     179
                  VA     2     $593,000     $296,500     $296,500     269
                  Cash     9     $2,441,400     $271,267     $259,000     139
                  Owner Finance     1     $325,000     $325,000     $325,000     40
                  USDA     2     $341,500     $170,750     $170,750     158
    
    Analysis By Area
                  Kitty Hawk between Hwys     16     $4,654,877     $290,930     $280,500     178
                  Kitty Hawk Westside     32     $9,250,400     $289,075     $302,500     135
                  Totals     48     $13,905,277     $289,693     $291,500     149
    
                  Non Co-op Sales     7     $1,689,300     $241,329     $288,000     186
                  Co-op Sales     41     $12,215,977     $297,951     $295,000     143
                  Total Sales     48     $13,905,277     $289,693     $291,500     149

 

 

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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