Year End Market Update Avalon Beach 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Avalon Beach 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     39     $9,992,875     $256,228     $239,900     179
                  FHA     2     $425,050     $212,525     $212,525     72
                  VA     3     $592,000     $197,333     $179,000     194
                  Cash     9     $1,752,025     $194,669     $180,500     110
    
    Analysis By Area
                  Kill Devil Hills b/w Hwys     7     $2,219,800     $317,114     $305,000     260
                  Kill Devil Hills Westside     46     $10,542,150     $229,177     $225,000     150
                  Totals     53     $12,761,950     $240,792     $230,000     164
    
                  Non Co-op Sales     11     $2,646,000     $240,545     $270,000     273
                  Co-op Sales     42     $10,115,950     $240,856     $227,450     136
                  Total Sales     53     $12,761,950     $240,792     $230,000     164

 

    Sold Market Avalon Beach 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     23     $4,786,550     $208,111     $200,000     148
                  FHA     3     $499,000     $166,333     $160,000     59
                  VA     3     $697,250     $232,417     $222,500     121
                  Cash     10     $1,922,434     $192,243     $200,000     58
    
    Analysis By Area
                  Kill Devil Hills b/w Hwys     4     $738,000     $184,500     $179,500     124
                  Kill Devil Hills Westside     35     $7,167,234     $204,778     $200,000     115
                  Totals     39     $7,905,234     $202,698     $200,000     116
    
                  Non Co-op Sales     5     $1,079,700     $215,940     $226,300     141
                  Co-op Sales     34     $6,825,534     $200,751     $194,375     113
                  Total Sales     39     $7,905,234     $202,698     $200,000     116
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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