Are Monteray Shores Home Prices Going Up?

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

 Home prices in Monteray Shores have not yet started going  up but the sales activity is definitely on an upward swing. In 2014 there were only 9 houses sold in Monteray Shores while 2015 saw 12 homes sold. There is always a bright spot if you look hard enough. With this much sales activity it is not a bad time to put your house on the market. If you are thinking about selling your home in Monteray Shores, give a call or click one of the links below to find out what I can do for you.

    Sold Market Monteray Shores 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $2,841,800     $355,225     $320,400     291
                  VA     1     $290,000     $290,000     $290,000     563
                  Cash     3     $1,689,000     $563,000     $564,000     148
    
    Analysis By Area
                  Corolla Westside     12     $4,820,800     $401,733     $341,500     278
                  Totals     12     $4,820,800     $401,733     $341,500     278
    
                  Non Co-op Sales     2     $639,000     $319,500     $319,500     204
                  Co-op Sales     10     $4,181,800     $418,180     $369,500     293
                  Total Sales     12     $4,820,800     $401,733     $341,500     278

 

    Sold Market Monteray Shores 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $3,224,000     $403,000     $362,500     229
                  Cash     1     $389,500     $389,500     $389,500     261
    
    Analysis By Area
                  Corolla Oceanside     1     $515,000     $515,000     $515,000     275
                  Corolla Westside     8     $3,098,500     $387,313     $362,500     227
                  Totals     9     $3,613,500     $401,500     $375,000     232
    
                  Non Co-op Sales     1     $515,000     $515,000     $515,000     275
                  Co-op Sales     8     $3,098,500     $387,313     $362,500     227
                  Total Sales     9     $3,613,500     $401,500     $375,000     232
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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