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May 2011 Market Update from Carova, NC 27927

By
Real Estate Agent with The Outer Banks Real Estate Copmpany NC 261870

May saw over twice as many sales compared to April's sales in Carova. My belief is still that 2011 will see the most transactions in 5 years, and that this can be the first step to recovery. Total transactions year to date are up about 45% from 2010. I am being told that sales are up on the other beaches along the Outer Banks. This is proving to be a great year for real estate sales in Carova, NC.  Whether you are interested a house or land, now seems to be right time to buy.

Here is a list what what has sold this past month.

If you want want to see what has sold for the entire year you can go to my website at http://CarovaSolds.4x4RE.com

May

5/3/11 --- 2301 False Cape Rd. --- $30,000

5/3/11 --- 1681 Sandpiper Rd. --- $67,500

5/6/11 --- 1980 Sandfiddler Rd. --- $140,000

5/13/11 --- 528 Swan Rd. --- $85,000

5/24/11 --- 903 Perch Ct. --- $130,000

 

Alan Morris
Sierra Pacific Mortgage - Raleigh, NC
Raleigh Durham Home Loan Pro - 919-906-1373

Very good news for the coast, Jean-Paul!  Along with mortgage rates that are so low, now is the time to get going on that new purchase.

Jun 10, 2011 05:25 AM
Jean-Paul Peron
The Outer Banks Real Estate Copmpany - Corolla, NC
Carova Beach - Living & Working in 4-Wheel Drive

Thanks Alan. If you ever find yourself able to do lot loans in a CoBRA zone let me know. I have a line of buyers waiting.  :)

Jun 11, 2011 11:18 PM