Year End Market Update Old Nags Head Cove 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Old Nags Head Cove 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Other     1     $275,000     $275,000     $275,000     96
                  Conventional     14     $4,596,432     $328,317     $314,100     158
                  VA     1     $289,000     $289,000     $289,000     325
                  Cash     3     $1,247,000     $415,667     $385,000     320
    
    Analysis By Area
                  Nags Head Westside     19     $6,407,432     $337,233     $315,000     189
                  Totals     19     $6,407,432     $337,233     $315,000     189
    
                  Non Co-op Sales     2     $865,000     $432,500     $432,500     70
                  Co-op Sales     17     $5,542,432     $326,025     $313,200     203
                  Total Sales     19     $6,407,432     $337,233     $315,000     189

 

    Sold Market Old Nags Head Cove 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     10     $2,675,500     $267,550     $242,500     151
                  FHA     1     $207,900     $207,900     $207,900     221
                  Cash     5     $1,674,000     $334,800     $349,000     133
                  USDA     2     $370,500     $185,250     $185,250     106
    
    Analysis By Area
                  Nags Head Westside     18     $4,927,900     $273,772     $242,500     145
                  Totals     18     $4,927,900     $273,772     $242,500     145
    
                  Non Co-op Sales     3     $885,000     $295,000     $275,000     104
                  Co-op Sales     15     $4,042,900     $269,527     $225,000     153
                  Total Sales     18     $4,927,900     $273,772     $242,500     145
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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