Kill Devil Hills Real Estate Update 2020

By
Real Estate Broker/Owner with Shore Realty of the Outer Banks NC#127284
Sold Market Kill Devil Hills Real Estate Sold Jan 1, 2019 Through Jan 1, 2020
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 3 $978,245 $326,082 $298,245 9
Conventional 236 $76,589,708 $324,533 $287,500 88
FHA 9 $2,339,359 $259,929 $240,000 44
VA 17 $5,307,800 $312,224 $310,000 54
Cash 60 $17,229,550 $287,159 $274,250 67
Owner Finance 2 $500,000 $250,000 $250,000 233
Jumbo Loan 3 $2,833,000 $944,333 $930,000 72
USDA 4 $771,780 $192,945 $191,950 52
 
Analysis By Area
Kill Devil Hills Oceanside 18 $12,385,345 $688,075 $430,500 117
Kill Devil Hills b/w Hwys 84 $29,800,860 $354,772 $337,500 96
Kill Devil Hills Westside 232 $64,363,237 $277,428 $270,000 73
Totals 334 $106,549,442 $319,010 $285,000 81
LOTS/LAND
Other 2 $1,448,000 $724,000 $724,000 183
Conventional 8 $2,512,000 $314,000 $172,500 241
Cash 29 $4,551,250 $156,940 $110,000 74
 
Analysis By Area
Kill Devil Hills Oceanside 3 $3,410,000 $1,136,667 $1,030,000 409
Kill Devil Hills b/w Hwys 9 $2,240,000 $248,889 $230,000 127
Kill Devil Hills Westside 27 $2,861,250 $105,972 $109,000 77
Totals 39 $8,511,250 $218,237 $120,000 114
COMMERCIAL/INDUSTRIAL
Other 2 $934,000 $467,000 $467,000 139
Conventional 2 $900,000 $450,000 $450,000 370
Cash 1 $330,000 $330,000 $330,000 39
 
Analysis By Area
Kill Devil Hills Oceanside 2 $1,099,000 $549,500 $549,500 94
Kill Devil Hills b/w Hwys 1 $400,000 $400,000 $400,000 723
Kill Devil Hills Westside 2 $665,000 $332,500 $332,500 72
Totals 5 $2,164,000 $432,800 $400,000 211
RESIDENTIAL LONG TRM RENT
Rented 3 $5,965 $1,988 $1,940 103
 
Analysis By Area
Kill Devil Hills Westside 3 $5,965 $1,988 $1,940 103
Totals 3 $5,965 $1,988 $1,940 103
 
Non Co-op Sales 54 $14,585,900 $270,109 $292,000 82
Co-op Sales 327 $102,644,757 $313,898 $274,900 87
Total Sales 381 $117,230,657 $307,692 $275,000 86

 

Sold Market Kill Devil Hills Real Estate Sold Jan 1, 2018 Through Jan 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 3 $789,150 $263,050 $253,000 13
Conventional 221 $67,757,307 $306,594 $283,000 94
FHA 9 $2,332,000 $259,111 $249,000 64
VA 9 $2,407,850 $267,539 $262,000 44
Cash 65 $18,861,322 $290,174 $260,000 91
Owner Finance 2 $685,000 $342,500 $342,500 655
Jumbo Loan 1 $2,372,500 $2,372,500 $2,372,500 991
USDA 4 $980,000 $245,000 $242,500 24
 
Analysis By Area
Kill Devil Hills Oceanside 27 $14,795,427 $547,979 $335,750 174
Kill Devil Hills b/w Hwys 66 $22,556,058 $341,758 $329,250 117
Kill Devil Hills Westside 221 $58,833,644 $266,216 $258,000 80
Totals 314 $96,185,129 $306,322 $275,250 96
LOTS/LAND
Other 4 $651,000 $162,750 $132,500 62
Conventional 8 $924,500 $115,563 $115,000 83
Cash 22 $2,287,000 $103,955 $93,750 84
Owner Finance 1 $197,500 $197,500 $197,500 132
 
Analysis By Area
Kill Devil Hills b/w Hwys 5 $963,500 $192,700 $165,000 117
Kill Devil Hills Westside 30 $3,096,500 $103,217 $98,000 77
Totals 35 $4,060,000 $116,000 $100,000 83
COMMERCIAL/INDUSTRIAL
Conventional 2 $747,625 $373,813 $373,812 87
Owner Finance 1 $575,000 $575,000 $575,000 18
 
Analysis By Area
Kill Devil Hills b/w Hwys 3 $1,322,625 $440,875 $460,000 64
Totals 3 $1,322,625 $440,875 $460,000 64
RESIDENTIAL LONG TRM RENT
Rented 1 $1,865 $1,865 $1,865 106
 
Analysis By Area
Kill Devil Hills Westside 1 $1,865 $1,865 $1,865 106
Totals 1 $1,865 $1,865 $1,865 106
 
Non Co-op Sales 57 $13,754,083 $241,300 $237,000 98
Co-op Sales 296 $87,815,536 $296,674 $269,012 93
Total Sales 353 $101,569,619 $287,733 $265,000 94

 

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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