Year End Market Update 7Cs Condos 2016

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

There were no units sold in the 7Cs condos in 2015 because they were being replaced after a fire. The owners took advantage of the replacement process and upgraded everything. The new build almost doubled the price of each unit. The prices jumped from the upper $200k range to upper $400k range. 

If you are contemplating selling your 7Cs Condo, or you just want to know what it is worth, just click one of the links below or give me a call to find out what your unit is worth in today's market.

 

 

    Sold Market 7Cs Condos 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     4     $1,910,000     $477,500     $482,500     312
                  Cash     1     $440,000     $440,000     $440,000     297
    
    Analysis By Area
                  Kill Devil Hills Oceanside     5     $2,350,000     $470,000     $470,000     309
                  Totals     5     $2,350,000     $470,000     $470,000     309
    
                  Non Co-op Sales     1     $430,000     $430,000     $430,000     397
                  Co-op Sales     4     $1,920,000     $480,000     $482,500     287
                  Total Sales     5     $2,350,000     $470,000     $470,000     309
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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