Year End Market Update Virginia Dare Shores 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Virginia Dare Shores 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     25     $6,801,000     $272,040     $279,000     164
                  VA     1     $349,900     $349,900     $349,900     0
                  Cash     4     $2,025,500     $506,375     $415,250     190
                  USDA     1     $185,000     $185,000     $185,000     67
    
    Analysis By Area
                  Kill Devil Hills Oceanside     1     $215,000     $215,000     $215,000     398
                  Kill Devil Hills b/w Hwys     6     $2,684,500     $447,417     $387,500     158
                  Kill Devil Hills Westside     24     $6,461,900     $269,246     $279,500     150
                  Totals     31     $9,361,400     $301,981     $280,000     159
    
                  Non Co-op Sales     1     $279,000     $279,000     $279,000     427
                  Co-op Sales     30     $9,082,400     $302,747     $281,775     150
                  Total Sales     31     $9,361,400     $301,981     $280,000     159

 

    Sold Market Virginia Dare Shores 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     12     $3,247,300     $270,608     $249,500     175
                  VA     1     $216,500     $216,500     $216,500     83
                  Cash     6     $1,304,500     $217,417     $188,750     108
    
    Analysis By Area
                  Kill Devil Hills b/w Hwys     4     $1,093,500     $273,375     $277,250     112
                  Kill Devil Hills Westside     15     $3,674,800     $244,987     $227,000     159
                  Totals     19     $4,768,300     $250,963     $227,000     149
    
                  Non Co-op Sales     2     $546,000     $273,000     $273,000     113
                  Co-op Sales     17     $4,222,300     $248,371     $227,000     153
                  Total Sales     19     $4,768,300     $250,963     $227,000     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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