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Virginia Dare Shores Real Estate Update 2020

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
Sold Market Virginia Dare Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 1 $475,000 $475,000 $475,000 3
Conventional 25 $8,636,500 $345,460 $342,000 117
FHA 3 $837,900 $279,300 $259,900 41
VA 1 $344,900 $344,900 $344,900 139
Cash 12 $4,185,550 $348,796 $351,250 68
 
Analysis By Area
Kill Devil Hills Oceanside 2 $1,025,000 $512,500 $512,500 94
Kill Devil Hills b/w Hwys 6 $2,212,500 $368,750 $343,750 26
Kill Devil Hills Westside 34 $11,242,350 $330,657 $342,500 108
Totals 42 $14,479,850 $344,758 $343,950 96
LOTS/LAND
Conventional 3 $404,000 $134,667 $120,000 232
Cash 11 $1,452,500 $132,045 $110,000 56
 
Analysis By Area
Kill Devil Hills b/w Hwys 1 $175,000 $175,000 $175,000 430
Kill Devil Hills Westside 13 $1,681,500 $129,346 $110,000 68
Totals 14 $1,856,500 $132,607 $115,000 94
 
Non Co-op Sales 10 $2,517,000 $251,700 $317,500 59
Co-op Sales 46 $13,819,350 $300,421 $313,500 103
Total Sales 56 $16,336,350 $291,721 $313,500 95

 

Sold Market Virginia Dare Shores Real Esate Sold Jan 1, 2018 Through Jan 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 1 $253,000 $253,000 $253,000 10
Conventional 20 $6,012,600 $300,630 $312,200 78
FHA 1 $250,000 $250,000 $250,000 6
VA 3 $989,500 $329,833 $345,000 29
Cash 7 $2,835,900 $405,129 $300,000 70
USDA 2 $470,000 $235,000 $235,000 16
 
Analysis By Area
Kill Devil Hills b/w Hwys 3 $1,931,500 $643,833 $617,000 101
Kill Devil Hills Westside 31 $8,879,500 $286,435 $275,500 61
Totals 34 $10,811,000 $317,971 $304,950 64
LOTS/LAND
Conventional 2 $224,000 $112,000 $112,000 1
Cash 5 $583,000 $116,600 $105,000 83
 
Analysis By Area
Kill Devil Hills Westside 7 $807,000 $115,286 $107,000 59
Totals 7 $807,000 $115,286 $107,000 59
 
Non Co-op Sales 11 $2,155,000 $195,909 $194,000 93
Co-op Sales 30 $9,463,000 $315,433 $304,950 52
Total Sales 41 $11,618,000 $283,366 $269,900 63

 

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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