Hatteras, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Hatteras Village Single Family Homes 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $4,693,083 $2,346,542 $2,346,541 0 Conventional 16 $7,998,100 $499,881 $431,000 211 FHA 1 $249,500 $249,500 $249,500 129 VA 1 $195,000 $195,000 $195,000 3 Cash 8 $3,297,500 $412,188 $262,750 216 Jumbo Loan 2 $1,820,000 $910,000 $910,000 441   Analysis By Area Hatteras Oceanside 19 $13,147,683 $691,983 $385,000 233 Hatteras Soundside 11 $5,105,500 $464,136 $385,000 154 Totals 30 $18,253,183 $608,439 $385,000 204   Non Co-op Sales 12 $5,786,500 $482,208 $431,000 230 Co-op Sales 18 $12,466,683 $692,594 $327,500 187 Total Sales 30 $18,253,183 $608,439 $385,000 204   Sold Market Hatteras Condos 2017   No. of Listings Dollar Volume Average Price M...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home sales on Hatteras Island are seeing a dramatic increase with more homes sold so far this year compared to the same time last year. Along with the increase in units sold we are seeing and increase in the median price of sold homes and thay are taking less time to sell than last year.If you are thinking about selling you home on Hatteras Island, give me a call or click the link below to find out what we can do for you.   Hatteras Island Homes Sold First Half 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     4     $5,428,083     $1,357,021     $1,472,659     58                   Conventional     84     $31,768,292     $378,194     $317,000     221                   FHA     3     $835,500   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sea Whisper 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $473,000     $157,667     $175,000     238                   Cash     1     $109,000     $109,000     $109,000     80          Analysis By Area                   Hatteras Soundside     4     $582,000     $145,500     $145,000     199                   Totals     4     $582,000     $145,500     $145,000     199                        Non Co-op Sales     1     $115,000     $115,000     $115,000     274                   Co-op Sales     3     $467,000     $155,667     $175,000     174                   Total Sales     4     $582,000     $145,500     $145,000     199       Sold Market Sea Whisper 2015      ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Slash Creek Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $517,000     $258,500     $258,500     123                   Cash     1     $230,000     $230,000     $230,000     79          Analysis By Area                   Hatteras Soundside     3     $747,000     $249,000     $257,000     108                   Totals     3     $747,000     $249,000     $257,000     108                        Non Co-op Sales     2     $517,000     $258,500     $258,500     123                   Co-op Sales     1     $230,000     $230,000     $230,000     79                   Total Sales     3     $747,000     $249,000     $257,000     108       Sold Market Slash Creek Cond...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Hatteras Estates 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     1     $210,000     $210,000     $210,000     78                   Cash     2     $415,400     $207,700     $207,700     345          Analysis By Area                   Hatteras Soundside     3     $625,400     $208,467     $210,000     256                   Totals     3     $625,400     $208,467     $210,000     256                        Non Co-op Sales     0                    0                   Co-op Sales     3     $625,400     $208,467     $210,000     256                   Total Sales     3     $625,400     $208,467     $210,000     256       Sold Market Hatteras Estates 2015          No. of Listi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
57225 Summer Place Drive, HatterasList Price: $385,000Sold Price: $385,000Bedrooms-Full Baths-Get sensational views of the sound and ocean when you build your very own beach house on this lot in a very desireable community. Homes rent like crazy in this area. 57225 Summer Place Drive, HatterasList Price: $99,000Sold Price: $80,800Bedrooms-Full Baths-Beautifully located lot in one of Hatteras Village's prime subdivisions. This large lot is situated less than a minute walk to the beach via a well maintained wooden walkway that happe 57232 S Summer Place Drive, HatterasList Price: $1,200,000Sold Price: $960,000Bedrooms-Full Baths-Fabulous oceanfront lot with sweeping views. Very popular rental area. Great ocean access to perfect section of beach. See Addenda! 57219 Summer Place Drive, Hat...
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By Greg Cremia
(Shore Realty of the Outer Banks)
58160 Hatteras Harbor Court, HatterasList Price: $675,000Sold Price: $625,000Bedrooms-Full Baths-Beautiful new soundfront community in the heart of Hatteras Village. Cobblestone concrete streets,village street lighting,underground power lines,extensive landscaping and irrigation sy 58182 Hatteras Harbor Court, HatterasList Price: $450,000Sold Price: $450,000Bedrooms-Full Baths-Great opportunity to be in Hatteras Harbor subdivison on Lot 7 with additional portion of sound front parcel. Great views of the sunsets from thsi lot. 58194 Hatteras Court, HatterasList Price: $465,000Sold Price: $425,000Bedrooms-Full Baths-Beautiful new sound front community in heart of Hatteras Village. Cobbles stone concrete streets; village street lighting, underground power lines, extensive landscaping and ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
58901 South Beach Drive, HatterasList Price: $990,000Sold Price: $930,000Bedrooms-6Full Baths-5Gorgeous Oceanfront in one of Hatteras' Finest Exclusive Communities! Situated at the southern tip of Hatteras Island this three level retreat offers water views from ALL LEVELS! Whe 58007 South Beach Court, HatterasList Price: $1,790,000Sold Price: $165,000Bedrooms-7Full Baths-10$220,000 rental income for 2014 12.3% ROI . HL8 with Sun Realty. Hatteras - Hatteras Landing with 6928 square feet, this Southern estate is HATTERAS PARADISE. On the ground level you'l 58947 South Beach Drive, HatterasList Price: $1,450,000Sold Price: $1,240,750Bedrooms-6Full Baths-7"Pond View" represents the best of the best. Attention has been given to every detail and the maintenance history, additions and renovat...
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By Greg Cremia
(Shore Realty of the Outer Banks)
56189 Shoal Drive, HatterasList Price: $240,000Sold Price: $210,000Bedrooms-3Full Baths-1Some elbow grease and TLC will go a long way on this canal front beach box. There are water views from most rooms of this one since it's situated only a few lots from the sound in one d 56187 Pamlico Drive, HatterasList Price: $325,000Sold Price: $250,000Bedrooms-3Full Baths-2Great opportunity to be close to Pamlico Sound in a very unique 3BR, 2BA home. 56187 Pamlico Drive, HatterasList Price: $279,000Sold Price: $250,000Bedrooms-3Full Baths-2Great opportunity to be close to Pamlico Sound in a very unique 3BR, 2BA home. Won't last at this location at this price. Call today 56193 Queen Street, HatterasList Price: $189,000Sold Price: $145,000Bedrooms-3Full Baths-2Location, Location, Location! This 3 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
57349 Lighthouse Road, HatterasList Price: $499,000Sold Price: $450,000Bedrooms-Full Baths-Presenting a rare and unique opportunity to secure oceanfront property in Hatteras Village… Not only is this homesite located in the luxurious community of Hatteras by the Sea, 57402 Hatteras Court, HatterasList Price: $229,000Sold Price: $224,000Bedrooms-Full Baths-Located within the "Hatteras By The Sea" subdivision, one of the most desirable Oceanfront communities on Hatteras Island. This private cul-de-sac wooded lot lies adjacent to a seclude 57351 Lighthouse Road, HatterasList Price: $499,000Sold Price: $450,000Bedrooms-Full Baths-Presenting a rare and unique opportunity to secure oceanfront property in Hatteras Village… Not only is this homesite located in the luxur...
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By Greg Cremia
(Shore Realty of the Outer Banks)
57444 C-2 Slash Creek Road, HatterasList Price: $229,500Sold Price: $219,900Bedrooms-2Full Baths-2Great opportunity to be in the C-building on the Point at Slash Creek. Elevator of course but easy steps to 1st floor. Enjoy swimming pool, fish cleaning stations and common area with 57444 NC 12 Highway, HatterasList Price: $237,500Sold Price: $224,750Bedrooms-2Full Baths-2This is a Happy Home! Cheerful and bright with water views throughout. This unit boasts some of the very best views available at Slash Creek as it is an end unit with windows down the 57444 C8 NC Highway 12, HATTERASList Price: $238,500Sold Price: $230,000Bedrooms-2Full Baths-2#C8 IS THE JEWEL IN THE CROWN OF THE SLASH CREEK UNITS.YOU ARE GOING TO LOVE THIS SLASH CREEK. I CANNOT EMPHASIZE HOW EXCITING IT IS TO LIVE IN S...
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By Greg Cremia
(Shore Realty of the Outer Banks)
56773 NC 12 Highway, HatterasList Price: $130,000Sold Price: $102,000Bedrooms-1Full Baths-1DELIGHTFUL OCEANFRONT UNIT WITH LOVELY VIEWS. Enjoy a host of amenitites including convenient elevator service to all levels; one of the island's largest private swimming pools with a 56773 NC Highway 12, HatterasList Price: $250,000Sold Price: $209,999Bedrooms-3Full Baths-2BLOCKADE RUNNER HAS GREAT SPACE FOR AN OF CONDO AT THIS PRICE! SELLER WILL PAY OFF HIS PORTION OF THE SBA LOAN AT CLOSING. WILL NOT CONVEY TO NEW OWNER. CALL FOR AN UPDATED INVESTMENT  
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The data below outlines the sales activity for home sales in Hatteras Village during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 17 homes were sold along with 5 building lots. Hatteras Village is starting to break out of the doldrums that have been plaguing the community for far too long.If you are thinking about selling your home in Hatteras Village, give us a call or click one of the links below to find out what we can do for you.   Sold Market Hatteras          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $3,441,500     $312,864     $260,000     183                   Cash     6     $1,696,400     $282,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Ocean Front home prices on Hatteras Island are definitely on the increase. In 2014 the median price of an ocean front home on Hatteras Island was $473,750. In 2015 the median price rose to $582,500 for an increase of 23%. With prices on the rise, now is a good time to sell. If you are contemplating selling you ocean front home on Hatteras Island, give me a call or click one of the links below to find out what I can do for you.     Sold Market Hatteras Ocean Front Homes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     24     $16,471,920     $686,330     $586,250     229                   Cash     3     $2,285,280     $761,760     $504,000     250                   Owner Finance     1  ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Are home prices going up on Hatteras Island? The average home price sold in 2015 has gone up, as has the number of homes sold. Prices are still somewhat stagnant, but with the number of sales increasing, it won't be long before the prices follow.      Sold Market Hatteras Island 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $235,000     $235,000     $235,000     58                   Conventional     148     $53,705,806     $362,877     $294,500     282                   FHA     2     $386,000     $193,000     $193,000     174                   VA     6     $1,337,725     $222,954     $214,612     304                   Cash     40     $11,128,024     $278,201     $210,000     235     ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Do you find yourself asking, is the timing right to put my house in Hatteras Village on the market right here in the middle of winter? The answer is simple, yes. Unlike other areas, where home sales peak and fall with the ebb and flow of the school system, home sales in Hatteras are not restricted by families looking to relocate. Often, busy professionals find it more convenient to shop for an investment property during the winter when traffic and vacationers do not get in the way. Winter shopping for homes is restricted by the weather back home which sometimes keeps the buyers trapped up north.The graph below shows the number of homes sold in each month in Hatteras from July 2014 thru July 2015. Winter sales in Hatteras peaked in the beginning of January and then dropped off until Marc...
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By Greg Cremia
(Shore Realty of the Outer Banks)
A 33 foot long juvenile humpback whale washed up on the beach this week on the southern end of Hatteras Island. A necropsy is being performed by the Marine Mammal Stranding Network in conjunction with the North Carolina Wildlife Resources Commission and the Cape Hatteras National Seashore to determine the cause of death. The dead whale showed no signs of trauma but the tests should provide some idea of what caused the death. Afterward, the whale will be buried on the beach. The humpback whales are in the process of migrating south at this time of year from New England to the south Atlantic and it is not unusual to have one or two dead whales wash ashore every year somewhere on the Outer Banks. During the migration, you can watch the whales feeding offshore from the beach. All you need a...
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By Jean-Paul Peron, Carova Beach - Living & Working in 4-Wheel Drive
(The Outer Banks Real Estate Copmpany)
No that Hurricane Earl has come and gone, Hatteras Island can go back to focusing on a much bigger threat to their residents...The closure of it's beaches. This 2 part video is long but one worth watching to get some insight to what the locals of Hatteras Island fear more than anything that you may see on the Weather Channel.  I am all for being environmentally responsible, but watching this worries me about what could happen at my end of the beach some day if we are not diligent.  
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By Matt Huband- OBX Realty Group-From Corolla To Hatteras, Working With Buyers and Sellers Since 2003
(OBX Realty Group)
After all the hoopla surrounding the first major wind farm on the Outer Banks off the coast of Buxton and Frisco in the Pamlico Sound, Duke Energy has decided to pull out. The project was seen as way to harness the enormous amount of wind energy from the Outer Banks to help power Hatteras Island. The project was also going to provide a springboard to larger wind farms that could power several counties in Eastern North Carolina. The project was only a few months of away from getting started when Duke Energy decided that the Pamlico Sound was just to shallow for the barges need to transport the equipment out the build site. Duke Energy did learn from their studies that the real potential for off shore wind farms is off the coast in the Atlantic Ocean. Duke is hopeful to get plans for that...
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By Kevin O'Brien
(Red Sky Realty Group)
Like much of the Outer Banks, Hatteras Island has been hit by its share of foreclosures. Currently we find 8 bank owned homes throughout Hatteras. The homes range in price from $196,900 to $875,900. Amazingly the homes range from a 3 bedroom home in Salvo to an 8 bedroom oceanfront home in Rodanthe. Many of the bank owned homes only need minor work before they are move in or rental ready. If you are looking for an excellent opportunity on a Hatteras Island home, I recommend investigating the available Outer Banks foreclosures.
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