Special offer

Are Ocean Hill Home Prices Going Up?

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

 Home prices in Ocean Hill are on the rise along with the sales activity and the number of properties sold. The median price went up more than 50% this past year from $685,500 to $1,072,500 and the average price went up from $806,713 to $1,111,250. The total number of sales went up to 6 from 4 the previous year. All in all it looks like smooth sailing ahead for property owners in Ocean Hill. If you are thinking of selling your home in Ocean Hill, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Ocean Hill 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     1     $590,000     $590,000     $590,000     145
                  Cash     1     $810,000     $810,000     $810,000     357
                  Jumbo Loan     4     $5,267,500     $1,316,875     $1,417,500     307
    
    Analysis By Area
                  Corolla Oceanside     6     $6,667,500     $1,111,250     $1,072,500     288
                  Totals     6     $6,667,500     $1,111,250     $1,072,500     288
    
                  Non Co-op Sales     2     $1,400,000     $700,000     $700,000     251
                  Co-op Sales     4     $5,267,500     $1,316,875     $1,417,500     307
                  Total Sales     6     $6,667,500     $1,111,250     $1,072,500     288

 

    Sold Market Ocean Hill 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     3     $1,796,000     $598,667     $570,000     211
                  Jumbo Loan     1     $1,430,850     $1,430,850     $1,430,850     318
    
    Analysis By Area
                  Corolla Oceanside     4     $3,226,850     $806,713     $685,500     238
                  Totals     4     $3,226,850     $806,713     $685,500     238
    
                  Non Co-op Sales     0                    0
                  Co-op Sales     4     $3,226,850     $806,713     $685,500     238
                  Total Sales     4     $3,226,850     $806,713     $685,500     238
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

 

Search OBX MLS

 

OBX Home Valuation

 

Comments(0)