Year End Market Update Ocean Acres 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Ocean Acres 2106
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Other     1     $218,000     $218,000     $218,000     65
                  Conventional     12     $3,241,930     $270,161     $275,750     186
                  VA     1     $315,750     $315,750     $315,750     145
                  Cash     4     $732,300     $183,075     $151,000     114
    
    Analysis By Area
                  Kill Devil Hills b/w Hwys     2     $861,500     $430,750     $430,750     112
                  Kill Devil Hills Westside     16     $3,646,480     $227,905     $226,500     167
                  Totals     18     $4,507,980     $250,443     $255,000     161
    
                  Non Co-op Sales     2     $457,000     $228,500     $228,500     278
                  Co-op Sales     16     $4,050,980     $253,186     $255,750     147
                  Total Sales     18     $4,507,980     $250,443     $255,000     161

 

    Sold Market Ocean Acres 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     14     $3,543,222     $253,087     $256,000     179
                  VA     2     $460,000     $230,000     $230,000     196
                  Cash     1     $136,000     $136,000     $136,000     142
                  Owner Finance     1     $365,000     $365,000     $365,000     51
    
    Analysis By Area
                  Kill Devil Hills Westside     18     $4,504,222     $250,235     $256,000     172
                  Totals     18     $4,504,222     $250,235     $256,000     172
    
                  Non Co-op Sales     3     $743,000     $247,667     $286,000     191
                  Co-op Sales     15     $3,761,222     $250,748     $255,000     168
                  Total Sales     18     $4,504,222     $250,235     $256,000     172
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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