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Year End Market Update Magnolia Bay 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Magnolia Bay 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     7     $2,379,650     $339,950     $335,000     119
    
    Analysis By Area
                  Corolla Westside     7     $2,379,650     $339,950     $335,000     119
                  Totals     7     $2,379,650     $339,950     $335,000     119
    
                  Non Co-op Sales     3     $1,190,250     $396,750     $335,000     84
                  Co-op Sales     4     $1,189,400     $297,350     $323,950     145
                  Total Sales     7     $2,379,650     $339,950     $335,000     119

 

    Sold Market Magnolia Bay 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     7     $2,322,500     $331,786     $310,500     250
                  Cash     3     $1,022,000     $340,667     $340,000     205
    
    Analysis By Area
                  Corolla Westside     10     $3,344,500     $334,450     $338,000     237
                  Totals     10     $3,344,500     $334,450     $338,000     237
    
                  Non Co-op Sales     2     $600,000     $300,000     $300,000     142
                  Co-op Sales     8     $2,744,500     $343,063     $338,000     261
                  Total Sales     10     $3,344,500     $334,450     $338,000     237
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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