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Year End Market Update Cypress Cove 2016

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Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Cypress Cove 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     3     $1,118,777     $372,926     $377,177     206
                  Cash     1     $320,000     $320,000     $320,000     127
    
    Analysis By Area
                  Manteo-S. of Airport Road     4     $1,438,777     $359,694     $370,088     186
                  Totals     4     $1,438,777     $359,694     $370,088     186
    LOTS/LAND
                  Conventional     2     $188,500     $94,250     $94,250     331
                  Cash     1     $89,000     $89,000     $89,000     210
    
    Analysis By Area
                  Manteo-S. of Airport Road     3     $277,500     $92,500     $93,500     290
                  Totals     3     $277,500     $92,500     $93,500     290
    
                  Non Co-op Sales     3     $562,600     $187,533     $95,000     210
                  Co-op Sales     4     $1,153,677     $288,419     $341,500     247
                  Total Sales     7     $1,716,277     $245,182     $320,000     231

 

    Sold Market Cypress Cove 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     2     $715,000     $357,500     $357,500     98
                  Cash     2     $320,000     $160,000     $160,000     99
    
    Analysis By Area
                  Manteo-S. of Airport Road     4     $1,035,000     $258,750     $252,500     98
                  Totals     4     $1,035,000     $258,750     $252,500     98
    
                  Non Co-op Sales     1     $165,000     $165,000     $165,000     31
                  Co-op Sales     3     $870,000     $290,000     $340,000     121
                  Total Sales     4     $1,035,000     $258,750     $252,500     98

 

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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