One sign of the improving real estate market in Nags Head is the decline in the number of distressed properties. The charts below show the single family homes that were sold by a bank, in the foreclosure process, in Nags Head going back to 2005. The statistics for each year show us that the peak in the distressed market was in 2010 when there were 43 foreclosures sold. The 14 foreclosure sales during this past year, prove the market is no longer distressed with sales and prices up.
If you are contemplating selling your house in Nags Head, now might be a good time to start getting familiar with the market. I can show you what your home would sell for now and set you up to receive email updates when a neighbor's house sells. Knowing what the other houses are actually selling for, and not what Bob across the street said, can give you the edge when the time to sell comes.
Nags Head Foreclosure Sales 2015 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 14 | 13 | 92.86% | $347,113 | $336,539 | 96.95% | 106 | $465,000 | 0.00% |
RE | All | 14 | 13 | 92.86% | $347,113 | $336,539 | 96.95% | 106 | $465,000 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 10 | 9 | 90.00% | $253,086 | $245,999 | 97.20% | 102 | $465,000 | 0 |
RE | 5 - 6 | 1 | 2 | 200.00% | $342,450 | $330,508 | 96.51% | 162 | $0 | 0.00% |
RE | 7 - 8 | 3 | 2 | 66.67% | $774,900 | $750,000 | 96.79% | 68 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2014 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 12 | 10 | 83.33% | $331,830 | $333,004 | 100.35% | 108 | $416,050 | 16.67% |
RE | All | 12 | 10 | 83.33% | $331,830 | $333,004 | 100.35% | 108 | $416,050 | 16.67% |
RE | 0 - 2 | 1 | 1 | 100.00% | $158,000 | $163,319 | 103.37% | 191 | $0 | 0.00% |
RE | 3 -4 | 6 | 7 | 116.67% | $200,914 | $188,710 | 93.93% | 110 | $0 | 0.00% |
RE | 5 - 6 | 3 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $416,050 | 66.67% |
RE | 7 - 8 | 2 | 2 | 100.00% | $876,950 | $922,875 | 105.24% | 62 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2013 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 14 | 13 | 92.86% | $347,113 | $336,539 | 96.95% | 106 | $465,000 | 0.00% |
RE | All | 14 | 13 | 92.86% | $347,113 | $336,539 | 96.95% | 106 | $465,000 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 10 | 9 | 90.00% | $253,086 | $245,999 | 97.20% | 102 | $465,000 | 0 |
RE | 5 - 6 | 1 | 2 | 200.00% | $342,450 | $330,508 | 96.51% | 162 | $0 | 0.00% |
RE | 7 - 8 | 3 | 2 | 66.67% | $774,900 | $750,000 | 96.79% | 68 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2012 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 28 | 27 | 96.43% | $452,414 | $435,170 | 96.19% | 105 | $244,000 | 0.00% |
RE | All | 28 | 27 | 96.43% | $452,414 | $435,170 | 96.19% | 105 | $244,000 | 0.00% |
RE | 0 - 2 | 1 | 1 | 100.00% | $179,900 | $179,000 | 99.50% | 87 | $0 | 0.00% |
RE | 3 -4 | 16 | 15 | 93.75% | $245,439 | $239,367 | 97.53% | 108 | $244,000 | 0 |
RE | 5 - 6 | 7 | 7 | 100.00% | $511,285 | $492,658 | 96.36% | 111 | $0 | 0.00% |
RE | 7 - 8 | 4 | 4 | 100.00% | $1,193,675 | $1,132,875 | 94.91% | 87 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2011 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 23 | 26 | 113.04% | $407,130 | $384,147 | 94.35% | 121 | $595,414 | 8.70% |
RE | All | 23 | 26 | 113.04% | $407,130 | $384,147 | 94.35% | 121 | $595,414 | 8.70% |
RE | 0 - 2 | 1 | 1 | 100.00% | $209,900 | $230,500 | 109.81% | 51 | $0 | 0.00% |
RE | 3 -4 | 13 | 18 | 138.46% | $283,738 | $265,426 | 93.55% | 114 | $200,000 | 0 |
RE | 5 - 6 | 4 | 2 | 50.00% | $642,450 | $625,004 | 97.28% | 89 | $639,500 | 50.00% |
RE | 7 - 8 | 4 | 4 | 100.00% | $667,700 | $604,287 | 90.50% | 216 | $829,633 | 0 |
RE | 9 + | 1 | 1 | 100.00% | $1,312,500 | $1,312,500 | 100.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2010 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 43 | 40 | 93.02% | $382,032 | $362,786 | 94.96% | 105 | $344,300 | 6.98% |
RE | All | 43 | 40 | 93.02% | $382,032 | $362,786 | 94.96% | 105 | $344,300 | 6.98% |
RE | 0 - 2 | 1 | 2 | 200.00% | $205,700 | $196,000 | 95.28% | 119 | $0 | 0.00% |
RE | 3 -4 | 27 | 26 | 96.30% | $270,753 | $263,869 | 97.46% | 110 | $212,900 | 11.11% |
RE | 5 - 6 | 5 | 4 | 80.00% | $338,675 | $339,759 | 100.32% | 75 | $0 | 0.00% |
RE | 7 - 8 | 10 | 8 | 80.00% | $809,450 | $737,478 | 91.11% | 98 | $869,900 | 0 |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2009 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 25 | 18 | 72.00% | $428,672 | $389,000 | 90.75% | 120 | $583,933 | 8.00% |
RE | All | 25 | 18 | 72.00% | $428,672 | $389,000 | 90.75% | 120 | $583,933 | 8.00% |
RE | 0 - 2 | 1 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 16 | 13 | 81.25% | $286,476 | $278,615 | 97.26% | 121 | $454,900 | 6.25% |
RE | 5 - 6 | 2 | 2 | 100.00% | $433,500 | $400,000 | 92.27% | 121 | $554,900 | 0 |
RE | 7 - 8 | 6 | 3 | 50.00% | $1,041,633 | $860,000 | 82.56% | 117 | $742,000 | 16.67% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2008 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 9 | 1 | 11.11% | $250,000 | $230,000 | 92.00% | 53 | $692,125 | 0.00% |
RE | All | 9 | 1 | 11.11% | $250,000 | $230,000 | 92.00% | 53 | $692,125 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 5 | 1 | 20.00% | $250,000 | $230,000 | 92.00% | 53 | $0 | 0.00% |
RE | 5 - 6 | 3 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $692,125 | 0 |
RE | 7 - 8 | 1 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2007 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 0 | 0 | 0.00% | 0 | 0 | 0 | 0 | 0 | 0.00% |
RE | All | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 5 - 6 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 7 - 8 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2006 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 0 | 0 | 0.00% | 0 | 0 | 0 | 0 | 0 | 0.00% |
RE | All | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 5 - 6 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 7 - 8 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
Statistics for: Nags Head Foreclosure Sales 2005 | ||||||||||
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 0 | 0 | 0.00% | 0 | 0 | 0 | 0 | 0 | 0.00% |
RE | All | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 0 - 2 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 3 -4 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 5 - 6 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 7 - 8 | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
RE | 9 + | 0 | 0 | 0.00% | $0 | $0 | 0.00% | 0 | $0 | 0.00% |
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