Admin

Year End Market Update Marshes Light 2016

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
    Sold Market Marshes Light 2016
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     2     $836,900     $418,450     $418,450     391
                  Cash     3     $1,377,475     $459,158     $442,475     153
    
    Analysis By Area
                  Manteo-S. of Airport Road     5     $2,214,375     $442,875     $442,475     248
                  Totals     5     $2,214,375     $442,875     $442,475     248
    LOTS/LAND
                  Other     1     $160,000     $160,000     $160,000     808
                  Cash     4     $346,000     $86,500     $88,500     254
                  Owner Finance     1     $100,000     $100,000     $100,000     1319
    
    Analysis By Area
                  Manteo-S. of Airport Road     6     $606,000     $101,000     $121,000     524
                  Totals     6     $606,000     $101,000     $121,000     524
    
                  Non Co-op Sales     6     $1,331,975     $221,996     $146,000     411
                  Co-op Sales     5     $1,488,400     $297,680     $374,400     384
                  Total Sales     11     $2,820,375     $256,398     $160,000     398

 

    Sold Market Marshes Light 2015
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     2     $783,000     $391,500     $391,500     194
                  Cash     1     $425,000     $425,000     $425,000     132
    
    Analysis By Area
                  Manteo-S. of Airport Road     3     $1,208,000     $402,667     $423,000     173
                  Totals     3     $1,208,000     $402,667     $423,000     173
    LOTS/LAND
                  Other     1     $128,000     $128,000     $128,000     407
                  Cash     3     $352,500     $117,500     $75,000     59
    
    Analysis By Area
                  Manteo-S. of Airport Road     4     $480,500     $120,125     $101,500     146
                  Totals     4     $480,500     $120,125     $101,500     146
    
                  Non Co-op Sales     2     $150,000     $75,000     $75,000     57
                  Co-op Sales     5     $1,538,500     $307,700     $360,000     198
                  Total Sales     7     $1,688,500     $241,214     $202,500     158

 

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

 

Search OBX MLS

 

OBX Home Valuation

 

Comments(0)