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Are Carolina Dunes Home Prices Going Up?

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

 Even though home prices in Carolina Dunes are still stagnant, the sales activity has really taken off. The number of homes sold has double over the number of sales in 2014 from 7 to 14 homes sold in 2015. The median price dropped a little but if you are contemplating selling your house in Carolina Dunes, there are plenty of buyers looking to make a purchase. Give me a call or click one of the links below to find out what I can do for you.

    Sold Market Carolina Dunes 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     13     $6,421,000     $493,923     $430,000     247
                  Cash     1     $532,500     $532,500     $532,500     293
    
    Analysis By Area
                  Duck Oceanside     13     $6,508,500     $500,654     $430,000     257
                  Duck Westside     1     $445,000     $445,000     $445,000     171
                  Totals     14     $6,953,500     $496,679     $437,500     250
    
                  Non Co-op Sales     2     $833,000     $416,500     $416,500     141
                  Co-op Sales     12     $6,120,500     $510,042     $439,500     269
                  Total Sales     14     $6,953,500     $496,679     $437,500     250

 

    Sold Market Carolina Dunes 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     6     $2,706,875     $451,146     $445,000     92
                  Owner Finance     1     $540,000     $540,000     $540,000     84
    
    Analysis By Area
                  Duck Oceanside     6     $2,706,875     $451,146     $445,000     92
                  Duck Westside     1     $540,000     $540,000     $540,000     84
                  Totals     7     $3,246,875     $463,839     $450,000     91
    
                  Non Co-op Sales     1     $488,275     $488,275     $488,275     119
                  Co-op Sales     6     $2,758,600     $459,767     $445,000     87
                  Total Sales     7     $3,246,875     $463,839     $450,000     91
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)

Susan Jacobsen
The Alliance Group Realty - Hilton Head Island, SC
20 Years Providing WOW Real Estate Service

Greg - thanks for this post - I'm sure that consumers will appreciate it and I do too! It's always very interesting to see what's happening up the coast from us - our sales are up too but prices are remaining steady - feels like a fairly balanced and neutral market

Feb 06, 2016 11:08 PM