Your 2018 Year End Ocean Acres Real Estate Market Update

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

This is your 2018 year end real estate market update for Ocean Acres in Kill Devil Hills, NC. Single Family home prices in Ocean Acres are experiencing a slow down with both the Median Price and the Average Price taking a hit. On the bright side, houses are selling much quicker now than they have in a while.

 

Sold Market Ocean Acres Single Family Homes Sold 2018
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Conventional 10 $2,984,785 $298,479 $295,250 35
Cash 3 $833,500 $277,833 $340,000 78
 
Analysis By Area
Kill Devil Hills b/w Hwys 2 $695,000 $347,500 $347,500 73
Kill Devil Hills Westside 11 $3,123,285 $283,935 $282,500 40
Totals 13 $3,818,285 $293,714 $308,000 45
 
Non Co-op Sales 1 $206,000 $206,000 $206,000 14
Co-op Sales 12 $3,612,285 $301,024 $311,500 47
Total Sales 13 $3,818,285 $293,714 $308,000 45

 

Sold Market Ocean Acres Single Family Homes Sold 2017
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Conventional 11 $3,363,200 $305,745 $322,500 80
FHA 1 $223,800 $223,800 $223,800 3
VA 1 $302,000 $302,000 $302,000 6
Cash 3 $974,900 $324,967 $325,000 63
 
Analysis By Area
Kill Devil Hills b/w Hwys 1 $350,000 $350,000 $350,000 95
Kill Devil Hills Westside 15 $4,513,900 $300,927 $302,000 66
Totals 16 $4,863,900 $303,994 $312,250 68
 
Non Co-op Sales 2 $513,700 $256,850 $256,850 37
Co-op Sales 14 $4,350,200 $310,729 $323,750 72
Total Sales 16 $4,863,900 $303,994 $312,250 68

 

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

 

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