Are Oyster Pointe Condos Prices Going Up?

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

 It looks like the price of Oyster Pointe Condos is going up. The median price went up from $125,000 to $139,000 for an increase of 11%. The average price remained fairly stable but the number of sales climbed 45% from 9 units sold in 2014 to 13 units sold in 2015. If you are thinking about selling your Oyster Pointe condo, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Oyster Point Condos 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     10     $1,424,000     $142,400     $144,750     145
                  Cash     3     $420,000     $140,000     $139,000     140
    
    Analysis By Area
                  Kill Devil Hills Westside     13     $1,844,000     $141,846     $139,000     144
                  Totals     13     $1,844,000     $141,846     $139,000     144
    
                  Non Co-op Sales     3     $362,000     $120,667     $137,500     130
                  Co-op Sales     10     $1,482,000     $148,200     $151,500     148
                  Total Sales     13     $1,844,000     $141,846     $139,000     144

 

    Sold Market Oyster Point Condos 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     9     $1,270,900     $141,211     $125,000     104
    
    Analysis By Area
                  Kill Devil Hills Westside     9     $1,270,900     $141,211     $125,000     104
                  Totals     9     $1,270,900     $141,211     $125,000     104
    
                  Non Co-op Sales     1     $125,000     $125,000     $125,000     105
                  Co-op Sales     8     $1,145,900     $143,238     $128,000     104
                  Total Sales     9     $1,270,900     $141,211     $125,000     104
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 (2)

Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

I like this style of blogging/titles and I might have to steal it from you!

Feb 27, 2016 10:57 PM
Dana Tapia
Re/Max of Orange Beach - Orange Beach, AL
Gulf Coast Real Estate Professionals

Sounds like good news for Oyster Pointe owners and their agents, as well.  Good luck!  

Feb 28, 2016 11:34 AM