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Kitty Hawk Beach 2023 First Quarter Home Sales Update

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

The Kitty Hawk Beach real estate market is moving along briskly considering there is a shortage of homes for sale. Home owners right now are reluctant to sell for some reason which has created a lack of  home inventory for sale which in turn is keeping Kitty Hawk Beach home sales strong and the prices up.

    Residential Homes Sold in Kitty Hawk Beach From January 1, 2023 to April 11, 2023
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     5     $3,375,000     $675,000     $570,000     41
                  Cash     3     $3,100,000     $1,033,333     $1,100,000     11
    
    Analysis By Area
                  Kitty Hawk Oceanside     1     $1,050,000     $1,050,000     $1,050,000     1
                  Kitty Hawk between Hwys     7     $5,425,000     $775,000     $720,000     34
                  Totals     8     $6,475,000     $809,375     $785,000     30
    
                  Non Co-op Sales     3     $2,715,000     $905,000     $1,050,000     3
                  Co-op Sales     5     $3,760,000     $752,000     $720,000     46
                  Total Sales     8     $6,475,000     $809,375     $785,000     30

 

     Residential Homes Sold in Kitty Hawk Beach From January 1, 2022 to April 11, 2022
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
  
                  Conventional     8     $5,598,250     $699,781     $704,500     24
                  Cash     1     $775,000     $775,000     $775,000     3
                  Jumbo Loan     1     $830,000     $830,000     $830,000     152
    
    Analysis By Area
                  Kitty Hawk between Hwys     10     $7,203,250     $720,325     $762,500     35
                  Totals     10     $7,203,250     $720,325     $762,500     35
    
                  Non Co-op Sales     0                    0
                  Co-op Sales     10     $7,203,250     $720,325     $762,500     35
                  Total Sales     10     $7,203,250     $720,325     $762,500     35
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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