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Rodanthe 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 Rodanthe  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 14 homes were sold along with 2 building lots. Rodanthe is starting to break out of the doldrums that have been plaguing the community for far too long.

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

 

    Sold Market Rodanthe
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     12     $3,864,000     $322,000     $286,000     189
                  Cash     2     $790,500     $395,250     $395,250     219
    
    Analysis By Area
                  Rodanthe Oceanside     11     $3,674,000     $334,000     $292,000     174
                  Rodanthe Soundside     3     $980,500     $326,833     $292,000     263
                  Totals     14     $4,654,500     $332,464     $292,000     193
    LOTS/LAND
                  Conventional     1     $192,500     $192,500     $192,500     273
                  Cash     1     $66,000     $66,000     $66,000     27
    
    Analysis By Area
                  Rodanthe Soundside     2     $258,500     $129,250     $129,250     150
                  Totals     2     $258,500     $129,250     $129,250     150
    
                  Non Co-op Sales     5     $950,500     $190,100     $192,500     242
                  Co-op Sales     11     $3,962,500     $360,227     $310,000     163
                  Total Sales     16     $4,913,000     $307,063     $286,000     188
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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