Kill Devil Hills, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Delray Beach Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,052,000     $350,667     $325,000     183          Analysis By Area                   Kill Devil Hills b/w Hwys     3     $1,052,000     $350,667     $325,000     183                   Totals     3     $1,052,000     $350,667     $325,000     183                        Non Co-op Sales     0                    0                   Co-op Sales     3     $1,052,000     $350,667     $325,000     183                   Total Sales     3     $1,052,000     $350,667     $325,000     183       Sold Market Delray Beach Sold Stats 2016          No. of Listings     Dollar Volume     Average Price     ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Croatan Shores Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $3,558,400     $323,491     $325,000     155                   FHA     1     $259,000     $259,000     $259,000     77                   Cash     3     $1,915,000     $638,333     $550,000     67          Analysis By Area                   Kill Devil Hills Oceanside     1     $1,200,000     $1,200,000     $1,200,000     74                   Kill Devil Hills b/w Hwys     5     $2,047,000     $409,400     $325,000     169                   Kill Devil Hills Westside     9     $2,485,400     $276,156     $270,900     119                   Totals     15     $5,732,400     $382,160     $325,000...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Admirals View II Condos Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $497,500     $248,750     $248,750     224          Analysis By Area                   Kill Devil Hills Oceanside     2     $497,500     $248,750     $248,750     224                   Totals     2     $497,500     $248,750     $248,750     224                        Non Co-op Sales     0                    0                   Co-op Sales     2     $497,500     $248,750     $248,750     224                   Total Sales     2     $497,500     $248,750     $248,750     224       Sold Market Admirals View II Sold Stats 2016          No. of Listings     Dollar Volume     Average Pric...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market First Flight Village Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,020,220     $224,469     $234,500     72                   FHA     1     $215,000     $215,000     $215,000     23                   Cash     2     $409,000     $204,500     $204,500     337          Analysis By Area                   Kill Devil Hills Westside     12     $2,644,220     $220,352     $222,500     112                   Totals     12     $2,644,220     $220,352     $222,500     112     LOTS/LAND                   Conventional     1     $115,000     $115,000     $115,000     87                   Cash     1     $94,900     $94,900     $94,900     6          Analysis By ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Moor Shores Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     7     $2,339,500     $334,214     $310,000     90                   FHA     2     $503,000     $251,500     $251,500     26          Analysis By Area                   Kill Devil Hills Westside     9     $2,842,500     $315,833     $308,000     75                   Totals     9     $2,842,500     $315,833     $308,000     75                        Non Co-op Sales     0                    0                   Co-op Sales     9     $2,842,500     $315,833     $308,000     75                   Total Sales     9     $2,842,500     $315,833     $308,000     75       Sold Market Moor Shores Sold Stats 201...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Ocean Acres Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $3,363,200     $305,745     $322,500     80                   FHA     1     $223,800     $223,800     $223,800     3                   VA     1     $302,000     $302,000     $302,000     6                   Cash     3     $974,900     $324,967     $325,000     63          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $350,000     $350,000     $350,000     95                   Kill Devil Hills Westside     15     $4,513,900     $300,927     $302,000     66                   Totals     16     $4,863,900     $303,994     $312,250     68     LOTS/LAND                   C...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sands Condos Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     1     $255,000     $255,000     $255,000     399                   Cash     1     $265,000     $265,000     $265,000     142          Analysis By Area                   Kill Devil Hills Oceanside     2     $520,000     $260,000     $260,000     271                   Totals     2     $520,000     $260,000     $260,000     271                        Non Co-op Sales     1     $255,000     $255,000     $255,000     399                   Co-op Sales     1     $265,000     $265,000     $265,000     142                   Total Sales     2     $520,000     $260,000     $260,000     271  There were no unit...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sand Castle Condos Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $860,000     $430,000     $430,000     65          Analysis By Area                   Kill Devil Hills Oceanside     2     $860,000     $430,000     $430,000     65                   Totals     2     $860,000     $430,000     $430,000     65                        Non Co-op Sales     1     $425,000     $425,000     $425,000     41                   Co-op Sales     1     $435,000     $435,000     $435,000     88                   Total Sales     2     $860,000     $430,000     $430,000     65       Sold Market Sand Castle Condos Sold Stats 2016          No. of Listings     Dollar Volume...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Bermuda Bay Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     14     $3,938,980     $281,356     $295,981     101                   Cash     4     $1,104,650     $276,163     $264,950     91          Analysis By Area                   Kill Devil Hills Westside     18     $5,043,630     $280,202     $294,240     99                   Totals     18     $5,043,630     $280,202     $294,240     99                        Non Co-op Sales     5     $1,601,518     $320,304     $310,350     87                   Co-op Sales     13     $3,442,112     $264,778     $249,000     103                   Total Sales     18     $5,043,630     $280,202     $294,240     99       S...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Cambridge Cove Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $543,250     $181,083     $176,750     51                   Cash     2     $457,400     $228,700     $228,700     73          Analysis By Area                   Kill Devil Hills Westside     5     $1,000,650     $200,130     $192,500     60                   Totals     5     $1,000,650     $200,130     $192,500     60                        Non Co-op Sales     0                    0                   Co-op Sales     5     $1,000,650     $200,130     $192,500     60                   Total Sales     5     $1,000,650     $200,130     $192,500     60       Sold Market Cambridge Cove Sold Stat...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Devonshire Place Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,938,730     $326,526     $310,350     118                   Cash     2     $647,250     $323,625     $323,625     109          Analysis By Area                   Kill Devil Hills Westside     11     $3,585,980     $325,998     $310,350     116                   Totals     11     $3,585,980     $325,998     $310,350     116                        Non Co-op Sales     5     $1,601,518     $320,304     $310,350     87                   Co-op Sales     6     $1,984,462     $330,744     $319,500     141                   Total Sales     11     $3,585,980     $325,998     $310,350     116   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Avalon Beach Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     37     $8,727,060     $235,866     $235,000     84                   FHA     1     $173,000     $173,000     $173,000     104                   VA     3     $628,000     $209,333     $188,500     47                   Cash     7     $1,520,500     $217,214     $199,000     118                   Owner Finance     2     $642,600     $321,300     $321,300     152          Analysis By Area                   Kill Devil Hills b/w Hwys     13     $3,563,400     $274,108     $260,000     128                   Kill Devil Hills Westside     37     $8,127,760     $219,669     $215,500     76                  ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
This article will be analyzing the Kill Devil Hills real estate market by comparing the sales of single family homes during the first six months of 2016 and the first 6 months of 2017. The spreadsheets below break down the single family home sales in the 3 distinct geographic areas of Kill Devil Hills. Each of these areas has distinct qualities that require separate analysis. The 3 areas are:Oceanside is the area of town located on the east side of RT12 (beach road) and consists mainly of the row of ocean front houses with a few exceptions where there is a cu-de-sac or small side street, adding some none oceanfront properties into the equation. These homes are almost all owned as vacation rentals.Between the Roads is the area between RT 12 and Rt 158 and parallels the ocean front. This ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
There were no units sold in the 7Cs condos in 2015 because they were being replaced after a fire. The owners took advantage of the replacement process and upgraded everything. The new build almost doubled the price of each unit. The prices jumped from the upper $200k range to upper $400k range. If you are contemplating selling your 7Cs Condo, or you just want to know what it is worth, just click one of the links below or give me a call to find out what your unit is worth in today's market.       Sold Market 7Cs Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,910,000     $477,500     $482,500     312                   Cash     1     $440,000     $440,000     $440,000   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Admiral's View II Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $688,900     $229,633     $225,000     636          Analysis By Area                   Kill Devil Hills Oceanside     3     $688,900     $229,633     $225,000     636                   Totals     3     $688,900     $229,633     $225,000     636                        Non Co-op Sales     0                    0                   Co-op Sales     3     $688,900     $229,633     $225,000     636                   Total Sales     3     $688,900     $229,633     $225,000     636       Sold Market Admiral's View II Condos 2014          No. of Listings     Dollar Volume     Average Price     Median ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Avalon Beach 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     39     $9,992,875     $256,228     $239,900     179                   FHA     2     $425,050     $212,525     $212,525     72                   VA     3     $592,000     $197,333     $179,000     194                   Cash     9     $1,752,025     $194,669     $180,500     110          Analysis By Area                   Kill Devil Hills b/w Hwys     7     $2,219,800     $317,114     $305,000     260                   Kill Devil Hills Westside     46     $10,542,150     $229,177     $225,000     150                   Totals     53     $12,761,950     $240,792     $230,000     164                        Non Co...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Devonshire Place 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,952,008     $328,001     $295,408     264                   Cash     2     $691,700     $345,850     $345,850     303          Analysis By Area                   Kill Devil Hills Westside     11     $3,643,708     $331,246     $329,900     271                   Totals     11     $3,643,708     $331,246     $329,900     271                        Non Co-op Sales     10     $3,348,300     $334,830     $329,950     282                   Co-op Sales     1     $295,408     $295,408     $295,408     159                   Total Sales     11     $3,643,708     $331,246     $329,900     271       Sold Ma...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Baum Bay Harbor 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $621,000     $207,000     $185,000     89                   Owner Finance     1     $299,900     $299,900     $299,900     81          Analysis By Area                   Kill Devil Hills Westside     4     $920,900     $230,225     $230,000     87                   Totals     4     $920,900     $230,225     $230,000     87                        Non Co-op Sales     1     $185,000     $185,000     $185,000     146                   Co-op Sales     3     $735,900     $245,300     $275,000     67                   Total Sales     4     $920,900     $230,225     $230,000     87       Sold Market Baum Ba...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Croatan Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,279,000     $253,222     $260,000     79                   FHA     1     $348,900     $348,900     $348,900     178                   VA     2     $599,000     $299,500     $299,500     85          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $399,000     $399,000     $399,000     37                   Kill Devil Hills Westside     11     $2,827,900     $257,082     $260,000     93                   Totals     12     $3,226,900     $268,908     $264,500     88                        Non Co-op Sales     1     $342,500     $342,500     $342,500     71                   Co-op...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market First Flight Village 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $2,699,350     $269,935     $251,250     79                   VA     1     $285,000     $285,000     $285,000     50                   USDA     1     $216,000     $216,000     $216,000     82          Analysis By Area                   Kill Devil Hills Westside     12     $3,200,350     $266,696     $251,250     77                   Totals     12     $3,200,350     $266,696     $251,250     77                        Non Co-op Sales     2     $536,000     $268,000     $268,000     59                   Co-op Sales     10     $2,664,350     $266,435     $251,250     80                   Total Sal...
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