Ocean Acres Real Estate Update 2020

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
Sold Market Ocean Acres Real Estate Sold Jan 1, 2019 Through Jan 1, 2020
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Conventional 11 $4,116,610 $374,237 $343,000 89
Cash 1 $389,000 $389,000 $389,000 3
 
Analysis By Area
Kill Devil Hills b/w Hwys 5 $2,044,610 $408,922 $350,000 93
Kill Devil Hills Westside 7 $2,461,000 $351,571 $343,000 75
Totals 12 $4,505,610 $375,468 $346,500 82
LOTS/LAND
Cash 4 $190,000 $47,500 $47,500 12
 
Analysis By Area
Kill Devil Hills Westside 4 $190,000 $47,500 $47,500 12
Totals 4 $190,000 $47,500 $47,500 12
COMMERCIAL/INDUSTRIAL
Cash 1 $330,000 $330,000 $330,000 39
 
Analysis By Area
Kill Devil Hills Westside 1 $330,000 $330,000 $330,000 39
Totals 1 $330,000 $330,000 $330,000 39
 
Non Co-op Sales 1 $50,000 $50,000 $50,000 0
Co-op Sales 16 $4,975,610 $310,976 $316,750 67
Total Sales 17 $5,025,610 $295,624 $303,500 63

 

Sold Market Ocean Acres Real Estate Sold Jan 1, 2018 Through Jan 1, 2019
  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
LOTS/LAND
Conventional 1 $155,000 $155,000 $155,000 41
Cash 2 $305,000 $152,500 $152,500 196
 
Analysis By Area
Kill Devil Hills b/w Hwys 2 $400,000 $200,000 $200,000 169
Kill Devil Hills Westside 1 $60,000 $60,000 $60,000 96
Totals 3 $460,000 $153,333 $155,000 144
 
Non Co-op Sales 2 $451,000 $225,500 $225,500 155
Co-op Sales 14 $3,827,285 $273,378 $295,250 50
Total Sales 16 $4,278,285 $267,393 $276,250 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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