Corolla, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
    Corolla Light Homes Sold Jan 1 - July 1, 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $4,453,575 $1,113,394 $1,181,250 67 Cash 4 $4,835,194 $1,208,799 $1,174,500 77 Jumbo Loan 1 $1,034,000 $1,034,000 $1,034,000 6   Analysis By Area Corolla Oceanside 2 $2,233,000 $1,116,500 $1,116,500 11 Corolla Westside 7 $8,089,769 $1,155,681 $1,150,000 80 Totals 9 $10,322,769 $1,146,974 $1,150,000 64   Non Co-op Sales 2 $2,296,500 $1,148,250 $1,148,250 45 Co-op Sales 7 $8,026,269 $1,146,610 $1,150,000 70 Total Sales 9 $10,322,769 $1,146,974 $1,150,000 64   Corolla Light Homes Sold Jan 1 - July 1, 2022   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 9 $7,788,500 $865,389 $790,000 26 Cash 2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Ocean Sands Homes Sold Jan 1 - July 1-2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 16 $12,704,500 $794,031 $785,500 48 VA 1 $525,000 $525,000 $525,000 11 Cash 6 $5,777,000 $962,833 $868,500 19 Jumbo Loan 3 $4,400,000 $1,466,667 $1,100,000 122   Analysis By Area Corolla Oceanside 26 $23,406,500 $900,250 $810,000 48 Totals 26 $23,406,500 $900,250 $810,000 48   Non Co-op Sales 1 $625,000 $625,000 $625,000 7 Co-op Sales 25 $22,781,500 $911,260 $820,000 50 Total Sales 26 $23,406,500 $900,250 $810,000 48   Ocean Sands Homes Sold Jan 1 - July 1-2022   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $2,995,000 $998,333 $880,000 22 Conventional 32 $31,570,100 $986,566 $780,000 29 Cash 3 $3,9...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Corolla Homes Sold Jan 1 - July 1 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 67 $74,412,917 $1,110,641 $910,000 68 VA 1 $525,000 $525,000 $525,000 11 Cash 23 $33,163,447 $1,441,889 $1,050,000 45 Jumbo Loan 11 $18,649,500 $1,695,409 $1,250,000 91   Analysis By Area Corolla Oceanside 66 $89,964,653 $1,363,101 $1,000,000 70 Corolla Westside 36 $36,786,211 $1,021,839 $838,500 55 Totals 102 $126,750,864 $1,242,656 $981,250 65   Non Co-op Sales 11 $11,918,000 $1,083,455 $1,034,000 56 Co-op Sales 91 $114,832,864 $1,261,900 $975,000 66 Total Sales 102 $126,750,864 $1,242,656 $981,250 65   Corolla Homes Sold Jan 1- July 1 2022   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $2,995,000 $9...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The Corolla 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 Corolla NC home sales strong and the prices up.     Residential Homes Sold in Corolla NC From January 1, 2023 to April 11, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     45     $47,634,017     $1,058,534     $800,000     77                   Cash     10     $9,011,194     $901,119     $731,000     59                   Jumbo Loan     5     $6,203,000     $1,240,600     $1,100,000     84          Analysis By Area                   4-Wheel Driv...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The Ocean Hill real estate market is moving along briskly considering there is a shortage of homes for sale. Home owners are reluctant to sell right now and the lack of inventory is keeping Ocean Hill home sales strong and the prices up. Residential Homes Sold In Ocean Hill in Corolla NC From January 1, 2023 to April 11, 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $5,955,000 $1,985,000 $2,125,000 119 Cash 1 $1,000,000 $1,000,000 $1,000,000 119   Analysis By Area Corolla Oceanside 4 $6,955,000 $1,738,750 $1,677,500 119 Totals 4 $6,955,000 $1,738,750 $1,677,500 119   Non Co-op Sales 0       0 Co-op Sales 4 $6,955,000 $1,738,750 $1,677,500 119 Total Sales 4 $6,955,000 $1,738,750 $1,677,500 119   Residential Homes Sold In Ocean Hi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The Whalehead Club real estate market is moving along briskly considering there is a shortage of homes for sale. Home owners are reluctant to sell right now and the lack of inventory is keeping Whalehead Club home sales strong and the prices up. Residential Homes Sold In Whalehead Club in Corolla NC From January 1, 2023 to April 11, 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 8 $12,943,400 $1,617,925 $1,080,000 139 Jumbo Loan 1 $915,000 $915,000 $915,000 22   Analysis By Area Corolla Oceanside 9 $13,858,400 $1,539,822 $975,000 126 Totals 9 $13,858,400 $1,539,822 $975,000 126   Non Co-op Sales 2 $2,109,000 $1,054,500 $1,054,500 24 Co-op Sales 7 $11,749,400 $1,678,486 $975,000 155 Total Sales 9 $13,858,400 $1,539,822 $975,000 126 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Corolla NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $2,702,500 $900,833 $802,500 170 Conventional 437 $271,453,582 $621,175 $525,000 135 VA 2 $809,000 $404,500 $404,500 132 Cash 75 $63,385,334 $845,138 $627,000 110 Owner Finance 1 $485,000 $485,000 $485,000 8 Jumbo Loan 43 $65,295,900 $1,518,509 $1,290,000 156   Analysis By Area Corolla Oceanside 424 $330,865,930 $780,344 $595,000 141 Corolla Westside 137 $73,265,386 $534,784 $500,000 108 Totals 561 $404,131,316 $720,377 $560,000 133   Non Co-op Sales 108 $82,045,092 $759,677 $570,000 124 Co-op Sales 453 $322,086,224 $711,007 $560,000 135 Total Sales 561 $404,131,316 $720,377 $560,000 133   Homes In Corolla NC Sold During 2019   No. of Listings Dollar Volume ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Whalehead Club Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $802,500 $802,500 $802,500 82 Conventional 22 $15,805,600 $718,436 $541,000 154 Cash 9 $7,199,000 $799,889 $627,000 84 Jumbo Loan 3 $6,282,000 $2,094,000 $2,273,000 408   Analysis By Area Corolla Oceanside 35 $30,089,100 $859,689 $627,000 156 Totals 35 $30,089,100 $859,689 $627,000 156 LOTS/LAND Cash 2 $355,000 $177,500 $177,500 83   Analysis By Area Corolla Oceanside 2 $355,000 $177,500 $177,500 83 Totals 2 $355,000 $177,500 $177,500 83   Non Co-op Sales 2 $2,284,000 $1,142,000 $1,142,000 432 Co-op Sales 35 $28,160,100 $804,574 $601,000 136 Total Sales 37 $30,444,100 $822,814 $601,000 152   Sold Market Whalehead Club...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Villages At Ocean Hill Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $3,530,500 $882,625 $807,750 96 Jumbo Loan 1 $1,290,000 $1,290,000 $1,290,000 31   Analysis By Area Corolla Oceanside 4 $4,280,500 $1,070,125 $1,113,750 38 Corolla Westside 1 $540,000 $540,000 $540,000 263 Totals 5 $4,820,500 $964,100 $937,500 83 LOTS/LAND Cash 3 $196,250 $65,417 $61,250 179   Analysis By Area Corolla Westside 3 $196,250 $65,417 $61,250 179 Totals 3 $196,250 $65,417 $61,250 179   Non Co-op Sales 1 $1,375,000 $1,375,000 $1,375,000 3 Co-op Sales 7 $3,641,750 $520,250 $540,000 135 Total Sales 8 $5,016,750 $627,094 $609,000 119   Sold Market Villages At Ocean Hill Real Estate Sold June 1, 2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
  Sold Market The Currituck Club Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 13 $6,033,900 $464,146 $417,000 151 Cash 3 $2,069,770 $689,923 $775,000 50   Analysis By Area Corolla Westside 16 $8,103,670 $506,479 $422,750 132 Totals 16 $8,103,670 $506,479 $422,750 132 LOTS/LAND Cash 7 $456,500 $65,214 $52,500 261   Analysis By Area Corolla Westside 7 $456,500 $65,214 $52,500 261 Totals 7 $456,500 $65,214 $52,500 261   Non Co-op Sales 1 $417,000 $417,000 $417,000 19 Co-op Sales 22 $8,143,170 $370,144 $385,385 178 Total Sales 23 $8,560,170 $372,181 $395,770 171   Sold Market The Currituck Club Real Estate Sold June 1, 2019 Through Sept, 2019   No. of Listings Dollar Volume Average Price ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Pine Island Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $3,727,000 $931,750 $889,000 134 Cash 1 $1,933,600 $1,933,600 $1,933,600 8 Jumbo Loan 5 $11,442,500 $2,288,500 $1,872,500 141   Analysis By Area Corolla Oceanside 10 $17,103,100 $1,710,310 $1,585,000 125 Totals 10 $17,103,100 $1,710,310 $1,585,000 125   Non Co-op Sales 3 $4,351,500 $1,450,500 $1,850,000 304 Co-op Sales 7 $12,751,600 $1,821,657 $1,320,000 48 Total Sales 10 $17,103,100 $1,710,310 $1,585,000 125   Sold Market Pine Island Real Estate Sold June 1, 2019 Through Sept 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $2,452,000 $1,226,000 $1,226,00...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Ocean Sands Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $1,475,000 $1,475,000 $1,475,000 103 Conventional 27 $14,847,399 $549,904 $480,000 171 Cash 4 $1,931,000 $482,750 $375,500 221 Jumbo Loan 2 $2,900,000 $1,450,000 $1,450,000 289   Analysis By Area Corolla Oceanside 32 $20,138,399 $629,325 $470,000 181 Corolla Westside 2 $1,015,000 $507,500 $507,500 191 Totals 34 $21,153,399 $622,159 $485,000 182 LOTS/LAND Conventional 1 $117,500 $117,500 $117,500 47   Analysis By Area Corolla Oceanside 1 $117,500 $117,500 $117,500 47 Totals 1 $117,500 $117,500 $117,500 47   Non Co-op Sales 4 $2,832,500 $708,125 $720,000 79 Co-op Sales 31 $18,438,399 $594,787 $460,000 191 Total Sales 35 $2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla Light Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 24 $8,805,075 $366,878 $273,500 151 Cash 4 $1,842,000 $460,500 $441,250 119   Analysis By Area Corolla Oceanside 22 $7,676,325 $348,924 $272,000 169 Corolla Westside 6 $2,970,750 $495,125 $427,000 67 Totals 28 $10,647,075 $380,253 $273,750 147 LOTS/LAND Cash 1 $270,000 $270,000 $270,000 23   Analysis By Area Corolla Oceanside 1 $270,000 $270,000 $270,000 23 Totals 1 $270,000 $270,000 $270,000 23   Non Co-op Sales 12 $3,963,000 $330,250 $270,000 156 Co-op Sales 17 $6,954,075 $409,063 $407,250 133 Total Sales 29 $10,917,075 $376,451 $272,500 143   Sold Market Corolla Light Real Estate Sold June 1, 2019 Through Sept ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla NC Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $2,277,500 $1,138,750 $1,138,750 93 Conventional 139 $75,183,676 $540,890 $465,000 154 VA 1 $414,000 $414,000 $414,000 229 Cash 29 $19,841,194 $684,179 $601,000 112 Jumbo Loan 12 $22,859,500 $1,904,958 $1,779,500 216   Analysis By Area 4-Wheel Drive Area 11 $5,391,699 $490,154 $415,000 130 Corolla Oceanside 136 $97,049,751 $713,601 $502,500 166 Corolla Westside 36 $18,134,420 $503,734 $469,000 104 Totals 183 $120,575,870 $658,885 $490,000 151 LOTS/LAND Other 4 $218,000 $54,500 $50,750 142 Conventional 2 $147,500 $73,750 $73,750 53 Cash 34 $3,180,650 $93,549 $50,500 207   Analysis By Area 4-Wheel Drive Area 22 $1,561,500 $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Windswept Ridge Real Estate Sold Jan 1,2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $475,000 $237,500 $237,500 25 Cash 1 $279,000 $279,000 $279,000 8   Analysis By Area Corolla Westside 3 $754,000 $251,333 $260,000 19 Totals 3 $754,000 $251,333 $260,000 19   Non Co-op Sales 1 $260,000 $260,000 $260,000 29 Co-op Sales 2 $494,000 $247,000 $247,000 14 Total Sales 3 $754,000 $251,333 $260,000 19   Sold Market Windswept Ridge Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $1,391,000 $231,833 $230,000 390   Analysis By Area Corolla Westside 6 $1,391,000 $231,833 $230,000 390 Totals 6 $1,391,000 $231,8...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market The Currituck Club Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 14 $8,165,895 $583,278 $560,000 183 Cash 2 $1,765,000 $882,500 $882,500 6 Jumbo Loan 1 $760,000 $760,000 $760,000 135   Analysis By Area Corolla Westside 17 $10,690,895 $628,876 $585,000 159 Totals 17 $10,690,895 $628,876 $585,000 159 LOTS/LAND Other 1 $90,000 $90,000 $90,000 530 Cash 6 $469,000 $78,167 $52,000 149   Analysis By Area Corolla Westside 7 $559,000 $79,857 $54,000 204 Totals 7 $559,000 $79,857 $54,000 204   Non Co-op Sales 3 $535,000 $178,333 $120,000 265 Co-op Sales 21 $10,714,895 $510,233 $555,000 159 Total Sales 24 $11,249,895 $468,746 $522,500 172   Sold Market The Currituck Club Real Estate So...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Ocean Sands Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $246,025 $246,025 $246,025 225 Conventional 52 $26,487,844 $509,382 $417,000 159 FHA 2 $655,000 $327,500 $327,500 24 VA 1 $287,000 $287,000 $287,000 257 Cash 9 $3,847,000 $427,444 $350,000 191 Jumbo Loan 2 $1,893,000 $946,500 $946,500 149   Analysis By Area Corolla Oceanside 66 $33,067,869 $501,028 $382,499 164 Corolla Westside 1 $348,000 $348,000 $348,000 12 Totals 67 $33,415,869 $498,744 $369,999 161 LOTS/LAND Conventional 2 $457,000 $228,500 $228,500 122 Cash 4 $436,500 $109,125 $73,750 73 Jumbo Loan 1 $799,000 $799,000 $799,000 277   Analysis By Area Corolla Oceanside 7 $1,692,500 $241,786 $180,000 116 Totals 7 $1,692,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Mirage Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $507,000 $253,500 $253,500 107 Cash 2 $573,000 $286,500 $286,500 50   Analysis By Area Corolla Oceanside 4 $1,080,000 $270,000 $279,000 79 Totals 4 $1,080,000 $270,000 $279,000 79   Non Co-op Sales 0       0 Co-op Sales 4 $1,080,000 $270,000 $279,000 79 Total Sales 4 $1,080,000 $270,000 $279,000 79   Sold Market Mirage Real Estate Sold Jan 1, 2018 Through Jan1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $1,363,000 $272,600 $275,000 43 Cash 2 $500,000 $250,000 $250,000 57   Analysis By Area Corolla Oceanside 7 $1,863,000 $266,143 $250,000 47 Totals 7 $1,863,000...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Indian Summer Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Cash 1 $186,000 $186,000 $186,000 9   Analysis By Area Corolla Oceanside 1 $186,000 $186,000 $186,000 9 Totals 1 $186,000 $186,000 $186,000 9   Non Co-op Sales 0       0 Co-op Sales 1 $186,000 $186,000 $186,000 9 Total Sales 1 $186,000 $186,000 $186,000 9   Sold Market Indian Summer Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $421,000 $210,500 $210,500 144   Analysis By Area Corolla Oceanside 2 $421,000 $210,500 $210,500 144 Totals 2 $421,000 $210,500 $210,500 144   Non Co-op Sales 0       0 Co-op Sales 2 $421,000 $210,500 $2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Crown Point Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $1,842,500 $460,625 $471,250 201   Analysis By Area Corolla Oceanside 4 $1,842,500 $460,625 $471,250 201 Totals 4 $1,842,500 $460,625 $471,250 201   Non Co-op Sales 0       0 Co-op Sales 4 $1,842,500 $460,625 $471,250 201 Total Sales 4 $1,842,500 $460,625 $471,250 201   Sold Market Crown Point Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $3,188,500 $531,417 $510,000 198   Analysis By Area Corolla Oceanside 6 $3,188,500 $531,417 $510,000 198 Totals 6 $3,188,500 $531,417 $510,000 198   Non Co-op Sales 0       0 Co-o...
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