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Residential Breakdown For 2024 Home Sales in Old Nags Head Cove

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

Residential Sales Breakdown For 2024 Home Sales in Old Nags Head Cove in Nags Head NC

  1. Conventional Sales:

    • Number of Listings: 10

    • Dollar Volume: $6,062,900

    • Average Price: $606,290

    • Median Price: $577,000

    • Average Days on Market (DOM): 34

  2. VA Sales:

    • Number of Listings: 1

    • Dollar Volume: $535,000

    • Average Price: $535,000

    • Median Price: $535,000

    • Average DOM: 14

  3. Cash Sales:

    • Number of Listings: 2

    • Dollar Volume: $1,871,000

    • Average Price: $935,500

    • Median Price: $935,500

    • Average DOM: 38

Analysis by Area

  • Nags Head Westside:

    • Number of Listings: 13

    • Dollar Volume: $8,468,900

    • Average Price: $651,454

    • Median Price: $579,000

    • Average DOM: 33

Sales Type Breakdown

  1. Non Co-op Sales:

    • Number of Listings: 4

    • Dollar Volume: $2,464,900

    • Average Price: $616,225

    • Median Price: $555,000

    • Average DOM: 32

  2. Co-op Sales:

    • Number of Listings: 9

    • Dollar Volume: $6,004,000

    • Average Price: $667,111

    • Median Price: $615,000

    • Average DOM: 34

Total Sales

  • Number of Listings: 13

  • Dollar Volume: $8,468,900

  • Average Price: $651,454

  • Median Price: $579,000

  • Average DOM: 33

Summary

The Old Nags Head Cove subdivision in Nags Head, NC, saw a total of 13 residential sales with a combined dollar volume of $8,468,900. The average price of homes sold was $651,454, with a median price of $579,000. The average days on market for these properties was 33 days. Conventional sales dominated the market, followed by cash sales and a single VA sale. The Nags Head Westside area accounted for all the sales in this data set.

If you need any further analysis or insights, feel free to ask! 800-647-1868

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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