Duck, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
 For home owners in Duck, the best time of the year to sell is in the spring. Spring is the traditional season the buying and selling of homes in the US. Schools let out, the weather breaks and for sale signs go up.  Spring is when the buyers show up looking to take advantage of the opportunity to buy a second home in Duck and collect the rental deposits. The chart below shows the number of home sold in Duck during 2015 broken down by the the number of sales per month. The months of April thru June had the highest number of sales emphasizing the importance of the spring real estate market for the Town of Duck.Anyone thinking of selling their home in Duck should try to take advantage of the spring sales season and get their house on the market. Ideally, they would start the selling proce...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
4 Bedroom Home for Sale on the Outer Banks NC | 109 Ruddy Duck Ln The wonderful ocean-to-sound community of Sanderling offers a number of Outer Banks NC houses for sale for those who are seeking their own private sanctuary.  A semi-soundfront piece of paradise, this Sanderling classic cottage has 3 levels of living space, 4 large bedrooms, 2.5 baths, an open and airy floor plan, a zoned HVAC system, 2 levels of decking - a sun deck on the upper level and a covered one on the mid-level, and several updates that every homebuyer would enjoy.  If privacy is what you want, then privacy you shall have and more as you come home to this Outer Banks NC real estate for sale that is on 0.34 acres of land and with 2,134 square feet of living space.  The exterior of this home, with its new roofing, ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The median price of a Georgetown Sands townhouses fell 19% from $310,000 in 2014 to $260,000 in 2015. These statistics do no take into account the location of the units sold which is very important considering the layout of Georgetown Sands. If you are think about selling your Georgetown Sands townhouse give me a call or click one of the links below to find out what I can do for you.     Sold Market Georgetown Sands Condos 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $802,000     $267,333     $260,000     452          Analysis By Area                   Duck Oceanside     3     $802,000     $267,333     $260,000     452                   Totals     3     $802,000     $267,333...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Duck ocean front home prices are still on the skids. The numbers fell all across the board from the number of solds to the median and average prices. Hopefully the town will get the beach nourishment project pushed through to fix that problem. Prices are not going to stabilize until the ocean front beach does. If you are thinking about possibly selling your ocean front home in Duck, give me a call or click one of the links below to find out what I can do for you.     Sold Market Duck Oceanfront Homes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $780,000     $780,000     $780,000     167                   Conventional     5     $6,095,500     $1,219,100     $1,039,500     319       ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 It might look like home prices are going up in Bayberry Bluffs when you see the median price more than double, but if you look closer you will see not so much. One oceanfront house was 50% of last years total sold volume and it skews the median price up. Sales are steady and people are buying so if you think you might want to sell your home in Bayberry Bluffs, give me a call or click one of the links below to find out what I can do for you.     Sold Market Bayberry Bluffs 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Cash     1     $1,275,000     $1,275,000     $1,275,000     100                   Jumbo Loan     1     $895,000     $895,000     $895,000     157          Analysis By Area             ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Unfortunately, home prices in Sanderling are not seeing any improvement. The number of sales, the median price and the average price have all fallen since last year. Still, the market moves on and sales are happening. If you are thinking of selling your home in Sanderling, give me a call or click one of the links below to find out what I can do for you.     Sold Market Sanderling 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $2,730,200     $546,040     $489,900     471                   Cash     1     $515,000     $515,000     $515,000     38                   Jumbo Loan     1     $741,500     $741,500     $741,500     109          Analysis By Area                   Duck Ocea...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The average price of a home sold in Tuckahoe went up 18% to $646,650 in 2015 from $545,259 in 2014. Good news for Tuckahoe owners. If you are thinking of selling your home in Tuckahoe, give me a call or click one of the links below to find out what I can do for you.     Sold Market Tuckahoe 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $2,586,600     $646,650     $567,550     156          Analysis By Area                   Duck Oceanside     3     $2,126,600     $708,867     $675,100     132                   Duck Westside     1     $460,000     $460,000     $460,000     229                   Totals     4     $2,586,600     $646,650     $567,550     156                       ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The median home price in Ocean Dunes has gone up from $425,000 to $475,000 for an increase of 6%. The number of homes sold also went up from 3 sold in 2014 to 5 sold in 2015. If you are thinking of selling your home in Ocean Dunes, give me a call or click one of the links below to find out what I can do for you.     Sold Market Ocean Dunes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,466,900     $488,967     $529,900     246                   Cash     2     $810,000     $405,000     $405,000     73          Analysis By Area                   Duck Oceanside     5     $2,276,900     $455,380     $475,000     177                   Totals     5     $2,276,900     $455,380    ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Sound-Sea Village are not going up. Sales are moving along at a pretty good clip but prices have not kept up. If you are thinking of selling your home in Sound-Sea Village, give me a call or click one of the links below to find out what I can do for you.     Sold Market Sound-Sea Village 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,349,000     $449,667     $455,000     442                   VA     1     $465,000     $465,000     $465,000     107          Analysis By Area                   Duck Oceanside     4     $1,814,000     $453,500     $460,000     359                   Totals     4     $1,814,000     $453,500     $460,000     359                      ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Even though home prices in Carolina Dunes are still stagnant, the sales activity has really taken off. The number of homes sold has double over the number of sales in 2014 from 7 to 14 homes sold in 2015. The median price dropped a little but if you are contemplating selling your house in Carolina Dunes, there are plenty of buyers looking to make a purchase. Give me a call or click one of the links below to find out what I can do for you.     Sold Market Carolina Dunes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     13     $6,421,000     $493,923     $430,000     247                   Cash     1     $532,500     $532,500     $532,500     293          Analysis By Area                 ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Where to Stay When Visiting Duck NC on the Outer Banks Looking for an enchanting way to escape the bright lights and busy streets of the big city? Enjoy a family-friendly vacation at any of the Duck Outer Banks NC homes for sale. Unlike other vacation spots, Duck does not have any fancy hotels, resorts, or campgrounds where you and your family can go to during your stay. Instead, Outer Banks is filled with dozens of vacation rentals homes and small inns that allow you to get a taste of the small-town charm and scenic views when you live in this beautiful community.  Rentals homes in Duck get filled up pretty fast, thanks to the beauty of Mother Nature that surrounds the entire community. Wherever you’re staying, you’ll always be just a few minutes away from miles-long of pristine beache...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Here are the new listings for the town of Duck for the week of January 25 through the 31st. MLS # Area Subdivision Address Asking Price Bedrooms Full Baths Headline     90932 Duck Oceanside Sound-Sea Village 122 Acorn Oak Avenue $449,000 4 2 Semi-oceanfront Charmer! 90936 Duck Oceanside Duck Ridge Shores 102 Dune Road $665,000 6 5       90943 Duck Oceanside Seapines 132 Scarborough Lane $995,000 8 9 Located in the Heart of Duck! 90953 Duck Oceanside Carolina Dunes 115 Old Squaw Drive $350,000 3 2      
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Four Seasons are going up. The median price and the average price of homes sold in Four Seasons both went up this past year. If you are thinking of selling your home in Four Seasons, give me a call or click one of the links below.     Sold Market Four Seasons 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $5,897,500     $982,917     $782,500     336                   Cash     1     $1,200,000     $1,200,000     $1,200,000     559                   Jumbo Loan     1     $862,000     $862,000     $862,000     83          Analysis By Area                   Duck Oceanside     7     $6,759,500     $965,643     $810,000     300                   Duck Westside     1    ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Home values in Duck never really saw the drastic decline that affected other areas of the Outer Banks after the crash and recession. While Duck was able to hold onto more of it's value, home prices are not going up in Duck just yet. Sales are steady and there are plenty of buyers for houses priced at their fair market value. 75 houses sold in all of Duck in 2015 so if you can sell for less than was paid in 2005 there is a market ready to accommodate your needs.The 2015 median price is only down 21% from the median high in 2005 when the market was out of control. This is not a bad number compared to other locations which saw drops of 50% in value. Once the market turns around, it won't take long to recoup lost equity for those waiting out the market. The chart below lists the statistics ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Is the winter a good time to sell a home in the town of Duck, on the Outer Banks? Normally, sellers don't think about putting their houses up for sale when the schools are in session and the weather is messy, but it is different on the OBX especially within the Town of Duck.Someone looking for a second home in Duck is not concerned with moving the family around. In fact, second home buyers prefer to shop in the off season when everything is available to see without having to work around vacations.The graph below shows the number of homes sold in each month in Corolla on the Oceanside of Rt12 from July 2014 thru July 2015. Winter sales in Corolla peaked around Jan 15 and then dropped off until February when sales began to pick back up. The chart records the actual date of closing, which ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Proven Investment Property in Outer Banks NC | 129 Sea Hawk Ct E Stunning ocean views, direct beach access, in-ground swimming pool, outdoor hot tub inside the screened porch, and multi-level decking in over 2,000 sq. ft of living space that comes with 5 bedrooms and 3 full baths in a reverse floor plan - does this sound like your dream vacation home? Then this Outer Banks NC home for sale might just be what you’re looking for.  Located in the Sea Hawk subdivision in Duck NC, this semi-oceanfront home for sale is an excellent investment property, that continues to generate over $73,000 annually in gross rents since 2012. This is a smart, proven real estate investment for anyone. It has become a popular vacation destination for many repeat visitors since 2005, making it completely booked...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
4 Bedroom Sanderling Cottage - The Outer Banks Of NC Home for Sale | 132 Waxwing Ln      Get ready to fall in love with this beautiful 4 bedroom Outer Banks NC home for sale. Located in the exclusive beach community of Sanderling, this cottage style home named Jabberwocky has been this family’s beautifully maintained second home for years.      Lounge on any of the wide decks of this home. The ocean is visible from many rooms of the house, all of which are tastefully decorated with premium-quality furnishings. Whether a second home or investment property, this home offers a kitchen that was remodeled in 2001, all three bathrooms were renovated with ceramic flooring, new sinks, and hardware in 2009, the wood lap siding was replaced and new windows were installed on the north side of the...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Enticing Cottage Style Home for Sale in Duck NC | 132 Waxwing LnHave you been dreaming of the perfectly pristine cottage home that allows you to live comfortably amidst Mother Nature’s finest? Picture gorgeous views of the ocean from many rooms of your house. Imagine being  just a few steps from the beach via your private walkway with direct access. With this 4 bedroom home for sale in the Community of Sanderling on the Outer Banks NC, you might just get to live your dream.  Located in the Sanderling community with its naturally landscaped and protected nature and bird sanctuary, this gorgeous 4 bedroom 3 bath home known as Jabberwocky boasts a 15,550 sf lot of gorgeous. Featuring a reverse floor plan with more than 300 sf of decking, this home offers not just majestic ocean views but a...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Gracious 4 Bedroom Updated Duck NC Home for Sale | 132 Waxwing LnImagine waking up to the sound of waves crashing the shore and the fresh ocean breeze welcoming you to your Atlantic Ocean paradise. You grab your favorite coffee brew and you step out to your large private deck. You take a few sips and think how wonderful it is to live amidst Mother Nature’s finest. If you can picture this scene, then maybe it’s time you start living it - in this inviting 4 bedroom Outer Banks NC home for sale.  Located in the community of Sanderling, a naturally landscaped and protected bird sanctuary and nature preserve, this gracious 4 bedroom 3 bath home known as Jabberwocky boasts of 15,550 sf  lot. Featuring a reverse floor plan with more than 300 sq.ft. of decks, this home offers not just majestic ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
3 Bedroom Tranquil Sound Front Paradise at Duck NC | 1430 Duck Rd      Magnificent view of the Currituck sound, light and airy renovated interior, 3 spacious bedrooms, wide deck with a hot tub, updated kitchen and bath and new carpeting in the bedrooms and stairs - does this sound like the second home you’ve been dreaming of?     Built in 1989, this tranquil sound front paradise home was updated by the current owners in 2008. Apart from painting the exterior and renovating the kitchen and adding engineered flooring in the living room, they have also added a modernized pergola and installed Linex flooring in 2013. Sun, fun, and sand lovers will unite as this home provides you all the amenities you can ever ask for. You have a hammock, an outdoor shower, a swing tied to an old oak tree, ...
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