Pine Knoll Shores Annual Market Report

Pine Knoll Shores

Annual Market Report

2015 vs. 2014

Provided by: Amy M. Hahn, Pine Knoll Shores Realty

Residential

When Comparing closed residential listings for Pine Knoll Shores, 2014 (79 units) vs. 2015 (94 units), number of sales are up 19%. There were 155 new listings added to the inventory for 2015 compared to 2014 with 174 new listings.  . 

The median sales price in 2015 was $325,000 (down 14.5% from $339,500 in 2014). The median List Price in 2015 was $420,000 (up 20% from $349,945 in 2014).

There are currently 49 Single Family Residential properties on the market, 37 Condos and 2 Townhouses. 7 of those properties are currently under contract.

Land

When Comparing closed land listings for Pine Knoll Shores, 2014 (8 units) vs. 2015 (12 units), number of sales are up 50%. There were 37 new listings added to the inventory for 2015 compared to 2014 with 25 new listings.  . 

The median sales price in 2015 was $97,500 (up 8.3% from $90,000 in 2014). The median List Price in 2015 was $299,000 (up 139.4% from $124,900 in 2014).

There are currently 32 lots available on the market in Pine Knoll Shores: 8 Ocean front, 5 Ocean Side - 2nd row, 2 Sound front, 3 Canal Front and 14 interior lots.

Information was found on CCMLS on 1/6/2016 and is deemed to be reliable, but is not guaranteed.