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Cedar Bay Mid Year Market Update 2016

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

     The data below outlines the sales activity for home sales in the community of Cedar Bay  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 7 homes were sold. Cedar Bay is starting to break out of the doldrums that have been plaguing the community for far too long.

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

 

    Sold Market
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     6     $1,362,467     $227,078     $228,727     209
                  Cash     1     $218,225     $218,225     $218,225     198
    
    Analysis By Area
                  Manteo-S. of Airport Road     7     $1,580,692     $225,813     $221,000     208
                  Totals     7     $1,580,692     $225,813     $221,000     208
    
                  Non Co-op Sales     2     $461,538     $230,769     $230,769     190
                  Co-op Sales     5     $1,119,154     $223,831     $221,000     215
                  Total Sales     7     $1,580,692     $225,813     $221,000     208
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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