Are Orville Beach Home Prices Going Up?

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

 It looks like home prices in Orville Beach are going up. In 2014 the median price of a house in Orville Beach was $265,000. The median price went up in 2015 to $285,000 for an increase of 7% over the year before. If you are thinking about selling your home in Orville Beach, give me a call or click one of the links below to find out what I can do for you.

    Sold Market Orville Beach 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $2,224,000     $278,000     $261,250     206
                  Cash     1     $375,000     $375,000     $375,000     138
    
    Analysis By Area
                  Kill Devil Hills b/w Hwys     4     $1,317,000     $329,250     $343,500     350
                  Kill Devil Hills Westside     5     $1,282,000     $256,400     $237,500     78
                  Totals     9     $2,599,000     $288,778     $285,000     199
    
                  Non Co-op Sales     1     $237,500     $237,500     $237,500     53
                  Co-op Sales     8     $2,361,500     $295,188     $298,500     217
                  Total Sales     9     $2,599,000     $288,778     $285,000     199

 

    Sold Market Orville Beach 2014
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     6     $1,602,400     $267,067     $271,500     78
                  FHA     1     $175,999     $175,999     $175,999     43
                  Cash     2     $1,047,500     $523,750     $523,750     155
    
    Analysis By Area
                  Kill Devil Hills Westside     9     $2,825,899     $313,989     $265,000     91
                  Totals     9     $2,825,899     $313,989     $265,000     91
    
                  Non Co-op Sales     2     $484,900     $242,450     $242,450     50
                  Co-op Sales     7     $2,340,999     $334,428     $265,000     103
                  Total Sales     9     $2,825,899     $313,989     $265,000     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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