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Duck NC 2023 First Quarter Home Sales Update

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

The Duck NC 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 Duck NC home sales strong and the prices up.

    Residential Homes Sold in Duck NC From January 1, 2023 to April 11, 2023
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     8     $10,405,000     $1,300,625     $1,132,500     96
                  Cash     7     $12,178,400     $1,739,771     $1,600,000     74
                  Jumbo Loan     1     $1,450,000     $1,450,000     $1,450,000     271
    
    Analysis By Area
                  Duck Oceanside     12     $18,680,000     $1,556,667     $1,550,000     91
                  Duck Westside     4     $5,353,400     $1,338,350     $1,362,500     116
                  Totals     16     $24,033,400     $1,502,088     $1,500,000     97
    
                  Non Co-op Sales     3     $4,908,400     $1,636,133     $1,688,400     120
                  Co-op Sales     13     $19,125,000     $1,471,154     $1,450,000     92
                  Total Sales     16     $24,033,400     $1,502,088     $1,500,000     97

 

    Residential Homes Sold in Duck NC From January 1, 2022 to April 11, 2022
         No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM
 
    RESIDENTIAL
                  Conventional     37     $45,179,189     $1,221,059     $1,037,500     35
                  Cash     7     $10,491,400     $1,498,771     $1,542,500     40
                  Jumbo Loan     6     $9,648,000     $1,608,000     $1,749,000     60
    
    Analysis By Area
                  Duck Oceanside     43     $58,458,899     $1,359,509     $1,350,000     41
                  Duck Westside     7     $6,859,690     $979,956     $820,000     25
                  Totals     50     $65,318,589     $1,306,372     $1,292,000     39
    
                  Non Co-op Sales     7     $7,533,990     $1,076,284     $705,000     15
                  Co-op Sales     43     $57,784,599     $1,343,828     $1,349,000     43
                  Total Sales     50     $65,318,589     $1,306,372     $1,292,000     39
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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