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July 2011 Market Update from Carova, NC 27927

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

July was a busy month as compared to June's sales in Carova, but it ended with about 10 properties 'under contract'. 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 6.5% 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 of 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

 

July

7/1/11 --- 1981 Sandfiddler Rd. --- $225,000
7-20-11 --- 2379 Ocean Sands Rd. --- $220,000
7-21-11 --- 1686 Sandfiddler Rd. --- $90,000
7-22-11 --- 1691 Sandpiper Rd. --- $57,000
7-28-11 --- 1625 Sandfiddler Rd. --- $14,000
7-29-11 --- 2001 Sea Horse Rd. --- $49,900