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Avon 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 Avon  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 39 homes were sold along with 6 building lots. Avon 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 Avon, give us a call or click one of the links below to find out what we can do for you.

 

 

    Sold Market Avon
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Other     1     $327,500     $327,500     $327,500     678
                  Conventional     26     $9,587,854     $368,764     $293,500     365
                  FHA     1     $238,598     $238,598     $238,598     275
                  VA     1     $95,000     $95,000     $95,000     106
                  Cash     9     $1,736,560     $192,951     $210,000     230
                  USDA     1     $225,000     $225,000     $225,000     56
    
    Analysis By Area
                  Avon Oceanside     17     $6,274,904     $369,112     $239,000     307
                  Avon Soundside     22     $5,935,608     $269,800     $273,750     338
                  Totals     39     $12,210,512     $313,090     $265,000     325
    LOTS/LAND
                  Conventional     2     $191,000     $95,500     $95,500     343
                  Cash     4     $136,400     $34,100     $33,200     343
    
    Analysis By Area
                  Avon Oceanside     1     $115,000     $115,000     $115,000     205
                  Avon Soundside     5     $212,400     $42,480     $35,000     370
                  Totals     6     $327,400     $54,567     $39,500     343
    
                  Non Co-op Sales     6     $1,358,404     $226,401     $105,150     164
                  Co-op Sales     39     $11,179,508     $286,654     $245,000     352
                  Total Sales     45     $12,537,912     $278,620     $240,000     327
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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