Kitty Hawk Real Estate Update 2020

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
Sold Market Kitty Hawk Real Estate Sold Jan 1, 2019 Through Jan 1,2020
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Conventional 90 $33,932,758 $377,031 $385,000 88
FHA 2 $490,500 $245,250 $245,250 32
VA 6 $1,951,800 $325,300 $334,950 112
Cash 29 $11,476,110 $395,728 $346,440 80
Owner Finance 2 $1,179,000 $589,500 $589,500 224
Jumbo Loan 3 $2,636,900 $878,967 $786,900 20
USDA 1 $201,150 $201,150 $201,150 1
 
Analysis By Area
Kitty Hawk Oceanside 10 $5,019,573 $501,957 $462,450 83
Kitty Hawk between Hwys 41 $18,576,170 $453,077 $415,000 80
Kitty Hawk Westside 82 $28,272,475 $344,786 $338,700 89
Totals 133 $51,868,218 $389,987 $375,000 86
LOTS/LAND
Other 2 $1,590,675 $795,338 $795,337 326
Conventional 4 $505,000 $126,250 $123,500 147
Cash 6 $1,019,500 $169,917 $140,000 61
 
Analysis By Area
Kitty Hawk between Hwys 3 $525,000 $175,000 $178,000 24
Kitty Hawk Westside 9 $2,590,175 $287,797 $105,000 170
Totals 12 $3,115,175 $259,598 $133,500 134
COMMERCIAL/INDUSTRIAL
Conventional 2 $998,000 $499,000 $499,000 266
Private 1 $2,100,000 $2,100,000 $2,100,000 1354
 
Analysis By Area
Kitty Hawk between Hwys 1 $2,100,000 $2,100,000 $2,100,000 1354
Kitty Hawk Westside 2 $998,000 $499,000 $499,000 266
Totals 3 $3,098,000 $1,032,667 $868,000 629
RESIDENTIAL LONG TRM RENT
Rented 1 $2,650 $2,650 $2,650 147
 
Analysis By Area
Kitty Hawk Westside 1 $2,650 $2,650 $2,650 147
Totals 1 $2,650 $2,650 $2,650 147
 
Non Co-op Sales 30 $10,552,130 $351,738 $338,750 82
Co-op Sales 119 $47,531,913 $399,428 $370,000 106
Total Sales 149 $58,084,043 $389,826 $355,000 101

 

Sold Market Kitty Hawk Real Estate Sold Jan 1, 2018 Through Jan 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 1 $777,000 $777,000 $777,000 133
Conventional 88 $32,634,950 $370,852 $341,000 102
FHA 4 $1,142,000 $285,500 $287,000 92
VA 1 $345,000 $345,000 $345,000 43
Cash 18 $6,899,000 $383,278 $372,500 82
Owner Finance 1 $380,600 $380,600 $380,600 347
Jumbo Loan 3 $2,629,900 $876,633 $725,000 19
 
Analysis By Area
Kitty Hawk Oceanside 7 $2,874,000 $410,571 $399,000 20
Kitty Hawk between Hwys 32 $15,749,200 $492,163 $420,000 158
Kitty Hawk Westside 77 $26,185,250 $340,068 $325,000 80
Totals 116 $44,808,450 $386,280 $352,000 98
LOTS/LAND
Other 2 $245,000 $122,500 $122,500 87
Conventional 6 $558,000 $93,000 $106,250 234
Cash 13 $1,913,285 $147,176 $125,000 189
 
Analysis By Area
Kitty Hawk between Hwys 2 $372,500 $186,250 $186,250 165
Kitty Hawk Westside 19 $2,343,785 $123,357 $107,785 195
Totals 21 $2,716,285 $129,347 $108,000 192
COMMERCIAL/INDUSTRIAL
Conventional 3 $2,817,500 $939,167 $800,000 179
Cash 1 $135,000 $135,000 $135,000 973
 
Analysis By Area
Kitty Hawk Oceanside 1 $1,350,000 $1,350,000 $1,350,000 332
Kitty Hawk between Hwys 1 $800,000 $800,000 $800,000 202
Kitty Hawk Westside 2 $802,500 $401,250 $401,250 488
Totals 4 $2,952,500 $738,125 $733,750 378
 
Non Co-op Sales 19 $5,994,100 $315,479 $350,000 201
Co-op Sales 122 $44,483,135 $364,616 $325,000 107
Total Sales 141 $50,477,235 $357,995 $325,000 120

 

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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