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Are Old Nags Head Place Home Prices Going Up?

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284

 The number of home sales in Old Nags Head Place has really picked up but the prices are still on the decline. If you have enough equity built up in your home then and you want to sell, there are plenty of buyers, but not for overpriced homes. If you are contemplating selling your Old Nags Head Place house, give me a call or click one of the links below to see what I can do for you.

    Sold Market Old Nags Head Place 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     5     $3,051,500     $610,300     $600,000     214
                  Cash     2     $888,250     $444,125     $444,125     61
    
    Analysis By Area
                  Nags Head between hwys     7     $3,939,750     $562,821     $587,000     170
                  Totals     7     $3,939,750     $562,821     $587,000     170
    
                  Non Co-op Sales     2     $888,250     $444,125     $444,125     61
                  Co-op Sales     5     $3,051,500     $610,300     $600,000     214
                  Total Sales     7     $3,939,750     $562,821     $587,000     170

 

    Sold Market Old Nags Head Place 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     1     $527,000     $527,000     $527,000     460
                  Jumbo Loan     1     $675,000     $675,000     $675,000     95
    
    Analysis By Area
                  Nags Head between hwys     2     $1,202,000     $601,000     $601,000     278
                  Totals     2     $1,202,000     $601,000     $601,000     278
    
                  Non Co-op Sales     1     $675,000     $675,000     $675,000     95
                  Co-op Sales     1     $527,000     $527,000     $527,000     460
                  Total Sales     2     $1,202,000     $601,000     $601,000     278
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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Comments(1)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Greg Cremia ...Old Nags Head seems like the place to buy and the right agent to call for guidance would be Greg Cremia.... that would be the first wise move to make....

Feb 06, 2016 09:16 PM