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Duck Midyear Market Update 2016

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

 The data below shows the sold activity for homes, condos and vacant land in the Town Of Duck for the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. Home sales in Duck are holding steady and prices are seeing some increase.

If you are thinking about selling your home is Duck, give us a call or click one of the links below to find out what we can do for you.

Sold Market Duck Homes
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     33     $18,794,150     $569,520     $502,000     217
                  Cash     6     $7,522,500     $1,253,750     $868,750     270
                  Jumbo Loan     2     $2,270,000     $1,135,000     $1,135,000     235
    
    Analysis By Area
                  Duck Oceanside     36     $25,888,750     $719,132     $545,000     207
                  Duck Westside     5     $2,697,900     $539,580     $499,900     359
                  Totals     41     $28,586,650     $697,235     $540,000     225
    
                  Non Co-op Sales     3     $4,075,000     $1,358,333     $1,340,000     400
                  Co-op Sales     38     $24,511,650     $645,043     $532,500     211
                  Total Sales     41     $28,586,650     $697,235     $540,000     225

 

Sold Market Duck Condos
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     9     $2,463,100     $273,678     $290,000     261
                  Cash     1     $257,500     $257,500     $257,500     289
    
    Analysis By Area
                  Duck Oceanside     5     $1,338,900     $267,780     $290,000     270
                  Duck Westside     5     $1,381,700     $276,340     $257,500     257
                  Totals     10     $2,720,600     $272,060     $273,750     264
    
                  Non Co-op Sales     0                    0
                  Co-op Sales     10     $2,720,600     $272,060     $273,750     264
                  Total Sales     10     $2,720,600     $272,060     $273,750     264

 

 Sold Market Duck Lots
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    LOTS/LAND
                  Conventional     2     $370,000     $185,000     $185,000     405
                  Cash     4     $727,500     $181,875     $141,250     362
    
    Analysis By Area
                  Duck Oceanside     1     $225,000     $225,000     $225,000     532
                  Duck Westside     5     $872,500     $174,500     $145,000     345
                  Totals     6     $1,097,500     $182,917     $147,500     376
    
                  Non Co-op Sales     1     $225,000     $225,000     $225,000     532
                  Co-op Sales     5     $872,500     $174,500     $145,000     345
                  Total Sales     6     $1,097,500     $182,917     $147,500     376
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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