Dare County, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Colington NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 92 $31,516,098 $342,566 $311,500 87 FHA 11 $2,379,900 $216,355 $229,900 100 VA 9 $3,008,500 $334,278 $302,000 69 Cash 24 $7,346,550 $306,106 $283,000 65 Owner Finance 2 $866,000 $433,000 $433,000 518 USDA 3 $707,000 $235,667 $238,000 31   Analysis By Area Colington Harbor 104 $33,088,950 $318,163 $290,000 73 Colington 37 $12,735,098 $344,192 $311,000 130 Totals 141 $45,824,048 $324,993 $299,000 88   Non Co-op Sales 23 $6,889,950 $299,563 $295,400 100 Co-op Sales 118 $38,934,098 $329,950 $299,925 86 Total Sales 141 $45,824,048 $324,993 $299,000 88   Homes In Colington NC Sold During 2019   No. of Listings Dollar Volume Average Price Median Price Averag...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Southern Shores NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 113 $62,699,265 $554,861 $505,000 93 FHA 2 $607,500 $303,750 $303,750 92 VA 2 $989,500 $494,750 $494,750 14 Cash 17 $12,448,500 $732,265 $670,000 149 Jumbo Loan 6 $7,414,500 $1,235,750 $1,135,000 184   Analysis By Area Southern Shores Oceanside 46 $35,759,665 $777,384 $685,000 149 Southern Shores Westside 94 $48,399,600 $514,889 $482,000 79 Totals 140 $84,159,265 $601,138 $510,000 102   Non Co-op Sales 22 $12,858,800 $584,491 $497,500 70 Co-op Sales 118 $71,300,465 $604,241 $512,500 108 Total Sales 140 $84,159,265 $601,138 $510,000 102   Homes In Southern Shores NC Sold During 2019   No. of Listings Dollar Volume Average Price Median Price Avera...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Duck NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $1,975,000 $987,500 $987,500 9 Conventional 165 $96,529,797 $585,029 $555,000 122 Cash 30 $21,304,450 $710,148 $547,500 105 Jumbo Loan 13 $17,703,000 $1,361,769 $1,200,000 179   Analysis By Area Duck Oceanside 179 $119,273,448 $666,332 $565,000 122 Duck Westside 31 $18,238,799 $588,348 $524,000 123 Totals 210 $137,512,247 $654,820 $565,000 122   Non Co-op Sales 37 $28,732,182 $776,545 $585,000 90 Co-op Sales 173 $108,780,065 $628,787 $565,000 128 Total Sales 210 $137,512,247 $654,820 $565,000 122   Homes In Duck NC Sold During 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $2,300,000 $2,300,000 $2,300,000 217 C...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Kitty Hawk NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $480,000 $480,000 $480,000 211 Conventional 141 $66,039,389 $468,364 $415,000 60 FHA 2 $636,000 $318,000 $318,000 132 VA 4 $1,586,000 $396,500 $353,500 66 Cash 34 $18,195,550 $535,163 $439,500 54 Jumbo Loan 2 $1,685,000 $842,500 $842,500 147   Analysis By Area Duck Oceanside 4 $3,080,000 $770,000 $740,000 15 Duck Westside 1 $279,000 $279,000 $279,000 3 Southern Shores Westside 5 $2,652,500 $530,500 $488,500 35 Martins Point 24 $18,472,750 $769,698 $692,500 129 Kitty Hawk Oceanside 7 $3,554,650 $507,807 $510,000 49 Kitty Hawk between Hwys 47 $22,356,625 $475,673 $410,000 68 Kitty Hawk Westside 96 $38,226,414 $398,192 $372,450 46 Totals 184 $88,621,939 $481...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Kill Devil Hills NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $772,000 $386,000 $386,000 154 Conventional 366 $129,664,378 $354,274 $326,000 72 FHA 27 $7,420,116 $274,819 $255,000 63 VA 27 $8,940,550 $331,131 $319,900 60 Cash 75 $26,677,650 $355,702 $322,500 59 Owner Finance 2 $866,000 $433,000 $433,000 518 Jumbo Loan 2 $3,235,000 $1,617,500 $1,617,500 283 USDA 5 $1,157,900 $231,580 $238,000 51   Analysis By Area Kill Devil Hills Oceanside 29 $16,731,834 $576,960 $399,500 168 Kill Devil Hills b/w Hwys 101 $40,148,650 $397,511 $352,500 63 Kill Devil Hills Westside 235 $76,029,062 $323,528 $319,000 54 Colington Harbor 104 $33,088,950 $318,163 $290,000 73 Colington 37 $12,735,098 $344,192 $311,000 130 Totals 506 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes In Nags Head NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $814,000 $407,000 $407,000 56 Conventional 199 $109,312,143 $549,307 $480,000 80 FHA 1 $315,000 $315,000 $315,000 1 VA 9 $4,260,900 $473,433 $380,000 75 Cash 59 $32,855,950 $556,881 $450,000 70 Owner Finance 2 $595,000 $297,500 $297,500 243 Private 1 $212,500 $212,500 $212,500 91 Jumbo Loan 17 $19,310,752 $1,135,927 $1,130,000 105 USDA 1 $260,000 $260,000 $260,000 16   Analysis By Area Nags Head Oceanside 43 $40,304,794 $937,321 $945,000 123 S. N.H. East/Old Oregon R 42 $31,505,100 $750,121 $636,500 68 Nags Head between hwys 66 $35,591,300 $539,262 $555,000 94 S. N.H. West/Old Oregon R 20 $9,859,450 $492,973 $450,000 79 Nags Head Westside 120 $50,675,601 $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Avalon Beach Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 10 $3,089,500 $308,950 $317,500 52 VA 1 $165,000 $165,000 $165,000 119   Analysis By Area Kill Devil Hills Oceanside 1 $379,000 $379,000 $379,000 2 Kill Devil Hills b/w Hwys 2 $680,000 $340,000 $340,000 52 Kill Devil Hills Westside 8 $2,195,500 $274,438 $267,450 66 Totals 11 $3,254,500 $295,864 $310,000 58   Non Co-op Sales 2 $669,000 $334,500 $334,500 83 Co-op Sales 9 $2,585,500 $287,278 $289,900 52 Total Sales 11 $3,254,500 $295,864 $310,000 58   Sold Market Avalon Beach Real Estate Sold June 1, 2019 Through Sept 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Outer Banks Homes Sales June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 7 $4,586,500 $655,214 $614,000 76 Conventional 596 $269,430,439 $452,064 $400,000 123 FHA 13 $3,671,850 $282,450 $262,000 53 VA 19 $6,642,500 $349,605 $334,000 72 Cash 159 $65,969,113 $414,900 $365,000 138 Owner Finance 8 $2,876,000 $359,500 $394,000 320 Private 1 $212,500 $212,500 $212,500 91 Jumbo Loan 22 $36,318,500 $1,650,841 $1,679,500 222 USDA 2 $366,000 $183,000 $183,000 3   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 Duck Oceanside 81 $36,794,119 $454,248 $480,000 171 Duck Westside 14...
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By Greg Cremia
(Shore Realty of the Outer Banks)
  Sold Market Colington Harbour Real Estate Sold June 1, 2019 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 28 $8,443,397 $301,550 $290,000 87 FHA 3 $820,500 $273,500 $267,000 105 Cash 8 $2,652,250 $331,531 $359,375 182 USDA 1 $216,000 $216,000 $216,000 8   Analysis By Area Colington Harbor 39 $11,783,397 $302,138 $290,000 102 Colington 1 $348,750 $348,750 $348,750 244 Totals 40 $12,132,147 $303,304 $290,000 106 LOTS/LAND Conventional 1 $76,000 $76,000 $76,000 119 Cash 4 $359,500 $89,875 $88,750 123   Analysis By Area Colington Harbor 5 $435,500 $87,100 $76,000 122 Totals 5 $435,500 $87,100 $76,000 122   Non Co-op Sales 3 $899,500 $299,833 $267,000 28 Co-op Sales 42 $11,668,147 $277,813 $256,475 113 Total Sales 45 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Villages At Nags Head Real Estate Sold June 1, 2020 Through Sept 1. 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 13 $7,040,300 $541,562 $475,000 106 Cash 4 $1,698,000 $424,500 $439,000 45 Owner Finance 1 $360,000 $360,000 $360,000 316   Analysis By Area Nags Head Oceanside 1 $1,325,000 $1,325,000 $1,325,000 272 Nags Head between hwys 5 $2,485,500 $497,100 $485,000 39 Nags Head Westside 12 $5,287,800 $440,650 $419,600 117 Totals 18 $9,098,300 $505,461 $460,600 104 LOTS/LAND Cash 1 $143,000 $143,000 $143,000 195   Analysis By Area Nags Head Westside 1 $143,000 $143,000 $143,000 195 Totals 1 $143,000 $143,000 $143,000 195   Non Co-op Sales 4 $1,901,500 $475,375 $496,250 70 Co-op Sales 15 $7,339,800 $489,320 $446,200 119...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Manteo Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 44 $18,175,572 $413,081 $363,750 96 FHA 1 $383,000 $383,000 $383,000 3 VA 1 $262,500 $262,500 $262,500 8 Cash 17 $6,837,901 $402,229 $319,000 99 Owner Finance 1 $535,000 $535,000 $535,000 155 USDA 1 $180,000 $180,000 $180,000 0   Analysis By Area Manteo-S. of Airport Road 29 $10,463,722 $360,818 $325,000 76 Manteo-N. of Airport Road 5 $2,319,500 $463,900 $530,000 123 Wanchese 3 $393,001 $131,000 $75,001 170 Pirates Cove 28 $13,197,750 $471,348 $381,125 98 Totals 65 $26,373,973 $405,753 $355,000 94 LOTS/LAND Other 3 $234,000 $78,000 $61,000 82 Cash 8 $771,750 $96,469 $65,500 228   Analysis By Area Manteo-S. of Airport Roa...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Colington Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 37 $11,907,780 $321,832 $311,000 107 FHA 4 $809,500 $202,375 $226,250 72 VA 5 $1,590,000 $318,000 $302,000 63 Cash 8 $2,941,800 $367,725 $381,950 82 Owner Finance 2 $866,000 $433,000 $433,000 518   Analysis By Area Colington Harbor 40 $12,198,800 $304,970 $277,500 89 Colington 16 $5,916,280 $369,768 $349,240 169 Totals 56 $18,115,080 $323,484 $306,500 112 LOTS/LAND Conventional 1 $74,000 $74,000 $74,000 5 Cash 7 $652,000 $93,143 $115,000 128   Analysis By Area Colington Harbor 5 $452,500 $90,500 $115,000 124 Colington 3 $273,500 $91,167 $76,000 94 Totals 8 $726,000 $90,750 $95,500 113   Non Co-op Sales 8 $2,396,000 $2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Duck NC Real Estate Sold June 1, 2010 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $775,000 $775,000 $775,000 16 Conventional 47 $25,287,076 $538,023 $530,000 156 Cash 40 $6,929,443 $173,236 $33,346 190 Jumbo Loan 6 $7,353,000 $1,225,500 $970,000 217   Analysis By Area Duck Oceanside 81 $36,794,119 $454,248 $480,000 171 Duck Westside 13 $3,550,400 $273,108 $29,500 181 Totals 94 $40,344,519 $429,197 $437,500 172 LOTS/LAND Conventional 3 $735,000 $245,000 $275,000 421 Cash 1 $975,000 $975,000 $975,000 0   Analysis By Area Duck Oceanside 3 $1,435,000 $478,333 $340,000 256 Duck Westside 1 $275,000 $275,000 $275,000 496 Totals 4 $1,710,000 $427,500 $307,500 316   Non Co-op Sales 36 $8,629,943 $239,721 $33,346 1...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Southern Shores Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 31 $15,198,400 $490,271 $480,000 130 FHA 1 $332,500 $332,500 $332,500 114 Cash 5 $3,860,000 $772,000 $670,000 174 Jumbo Loan 1 $1,891,000 $1,891,000 $1,891,000 437   Analysis By Area Southern Shores Oceanside 13 $8,696,000 $668,923 $510,000 178 Southern Shores Westside 25 $12,585,900 $503,436 $485,000 126 Totals 38 $21,281,900 $560,050 $492,500 144 LOTS/LAND Conventional 2 $348,450 $174,225 $174,225 153 Cash 8 $1,494,001 $186,750 $149,500 86   Analysis By Area Southern Shores Oceanside 1 $135,000 $135,000 $135,000 213 Southern Shores Westside 9 $1,707,451 $189,717 $152,500 86 Totals 10 $1,842,451 $184,245 $149,5...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Kitty Hawk Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 46 $21,178,315 $460,398 $398,000 82 FHA 1 $360,000 $360,000 $360,000 134 VA 2 $879,000 $439,500 $439,500 59 Cash 9 $4,066,500 $451,833 $437,500 99 Jumbo Loan 1 $875,000 $875,000 $875,000 222   Analysis By Area Duck Westside 1 $279,000 $279,000 $279,000 3 Martins Point 10 $7,402,750 $740,275 $654,250 187 Kitty Hawk between Hwys 17 $8,347,500 $491,029 $437,500 111 Kitty Hawk Westside 31 $11,329,565 $365,470 $365,000 45 Totals 59 $27,358,815 $463,709 $410,000 87 LOTS/LAND Cash 3 $526,250 $175,417 $140,000 475   Analysis By Area Martins Point 1 $265,000 $265,000 $265,000 424 Kitty Hawk Westside 2 $261,250 $130,625 $130,6...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Kill Devils Hills Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $310,000 $310,000 $310,000 143 Conventional 119 $40,668,028 $341,748 $325,000 75 FHA 9 $2,406,350 $267,372 $255,000 47 VA 9 $2,785,000 $309,444 $302,000 52 Cash 24 $11,091,000 $462,125 $370,000 88 Owner Finance 2 $866,000 $433,000 $433,000 518 Jumbo Loan 1 $2,560,000 $2,560,000 $2,560,000 94 USDA 1 $186,000 $186,000 $186,000 6   Analysis By Area Kill Devil Hills Oceanside 10 $7,201,500 $720,150 $389,250 120 Kill Devil Hills b/w Hwys 36 $13,445,300 $373,481 $324,950 71 Kill Devil Hills Westside 64 $22,110,498 $345,477 $330,000 49 Colington Harbor 40 $12,198,800 $304,970 $277,500 89 Colington 16 $5,916,280 $369,768 $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Nags Head Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $814,000 $407,000 $407,000 56 Conventional 58 $30,228,001 $521,172 $482,500 103 VA 2 $1,018,000 $509,000 $509,000 38 Cash 17 $7,142,500 $420,147 $393,000 90 Owner Finance 1 $360,000 $360,000 $360,000 316 Private 1 $212,500 $212,500 $212,500 91   Analysis By Area Nags Head Oceanside 6 $3,925,900 $654,317 $639,500 228 S. N.H. East/Old Oregon R 8 $3,634,400 $454,300 $500,000 43 Nags Head between hwys 24 $12,733,500 $530,563 $545,000 109 S. N.H. West/Old Oregon R 9 $3,939,500 $437,722 $435,000 147 Nags Head Westside 34 $15,541,701 $457,109 $384,000 73 Totals 81 $39,775,001 $491,049 $459,000 100 LOTS/LAND Other 1 $120,000 $120,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Nags Head Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $3,840,000 $1,280,000 $1,795,000 168 Conventional 164 $81,811,461 $498,850 $414,325 104 FHA 6 $1,864,400 $310,733 $286,500 115 VA 1 $250,000 $250,000 $250,000 195 Cash 38 $16,356,800 $430,442 $363,750 108 Owner Finance 2 $725,000 $362,500 $362,500 135 Jumbo Loan 3 $3,490,000 $1,163,333 $1,155,000 41   Analysis By Area Nags Head Oceanside 29 $25,926,931 $894,032 $839,000 99 S. N.H. East/Old Oregon R 28 $18,809,422 $671,765 $495,000 89 Nags Head between hwys 50 $22,637,350 $452,747 $427,500 154 S. N.H. West/Old Oregon R 16 $6,808,580 $425,536 $408,815 111 Nags Head Westside 94 $34,155,378 $363,355 $315,625 86 Totals 217 $108,3...
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By Greg Cremia
(Shore Realty of the Outer Banks)
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 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Southridge Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 10 $3,737,300 $373,730 $360,000 62 Cash 1 $479,000 $479,000 $479,000 91   Analysis By Area Nags Head Westside 11 $4,216,300 $383,300 $380,000 64 Totals 11 $4,216,300 $383,300 $380,000 64 RESIDENTIAL LONG TRM RENT Rented 1 $1,650 $1,650 $1,650 7   Analysis By Area Nags Head Westside 1 $1,650 $1,650 $1,650 7 Totals 1 $1,650 $1,650 $1,650 7   Non Co-op Sales 3 $799,650 $266,550 $340,000 63 Co-op Sales 9 $3,418,300 $379,811 $380,000 59 Total Sales 12 $4,217,950 $351,496 $360,000 60   Sold Market Southridge Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DO...
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