Pine Knoll Shores Market Report

Pine Knoll Shores Market Report

2014 vs. 2015

(as of July 31st, 2015)

Residential

When Comparing closed residential listings (year to date) for Pine Knoll Shores, 2014 (37 units) vs. 2015 (52 units), number of sales are up 71%. There were 112 new listings added to the inventory for 2015 compared to 2014 with 107 new listings.  . 

The median sales price year to date in 2015 is $431,600 (down 11% from $485,000 in 2014). The median List Price in 2015 is $360,000 (up 7% from $336,500 in 2014).

There are currently 56 Single Family Residential properties on the market, 61 Condos and 2 Townhouses.  11 of those properties are currently under contract.

Land

When Comparing closed land listings (year to date) for Pine Knoll Shores, 2014 (7 units) vs. 2015 (7 units), number of sales are the same.  There were 33 new listings added to the inventory for 2015 compared to 2014 with 21 new listings.  . 

The median sales price year to date in 2015 is $105,000 (up 16.7% from $90,000 in 2014). The median List Price in 2015 is $149,500 (up 30% from $115,000 in 2014).

There are currently 38 lots available on the market in Pine Knoll Shores with 2 of those properties currently under contract.