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Year End Market Update Martins Point 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Martin's Point 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     6     $3,645,000     $607,500     $555,000     239
                  Cash     1     $395,500     $395,500     $395,500     31
                  Jumbo Loan     1     $950,000     $950,000     $950,000     115
    
    Analysis By Area
                  Martins Point     8     $4,990,500     $623,813     $555,000     198
                  Totals     8     $4,990,500     $623,813     $555,000     198
    LOTS/LAND
                  Conventional     2     $420,500     $210,250     $210,250     315
                  Cash     2     $780,000     $390,000     $390,000     195
    
    Analysis By Area
                  Martins Point     4     $1,200,500     $300,125     $340,000     255
                  Totals     4     $1,200,500     $300,125     $340,000     255
    
                  Non Co-op Sales     4     $1,950,500     $487,625     $387,750     164
                  Co-op Sales     8     $4,240,500     $530,063     $500,000     243
                  Total Sales     12     $6,191,000     $515,917     $430,000     217

 

    Sold Market Martin's Point 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     13     $6,559,500     $504,577     $440,000     254
                  Cash     6     $4,658,000     $776,333     $580,000     283
    
    Analysis By Area
                  Martins Point     19     $11,217,500     $590,395     $440,000     263
                  Totals     19     $11,217,500     $590,395     $440,000     263
    LOTS/LAND
                  Conventional     2     $239,000     $119,500     $119,500     408
                  Cash     2     $203,500     $101,750     $101,750     322
    
    Analysis By Area
                  Martins Point     4     $442,500     $110,625     $101,750     365
                  Totals     4     $442,500     $110,625     $101,750     365
    
                  Non Co-op Sales     0                    0
                  Co-op Sales     23     $11,660,000     $506,957     $438,000     281
                  Total Sales     23     $11,660,000     $506,957     $438,000     281
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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