Kill Devil Hills, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
  The data below outlines the homes sold in the community of Bermuda Bay during the first half of 2016. This information is provided by the Outer Banks Association of Realtors. The real estate market is steady and homes are selling.If you are thinking about selling your home in Bermuda Bay, give us a call or click one of the links below to find out what we can do for you.  Sold Market Bermuda Bay          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,109,400     $277,350     $262,450     231                   Cash     2     $691,700     $345,850     $345,850     303          Analysis By Area                   Kill Devil Hills Westside     6     $1,801,100     $300,183     $329,950     25...
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By Greg Cremia
(Shore Realty of the Outer Banks)
  The data below outlines the homes sold in the subdivision of Avalon Beach during the first half of 2016. This information is provided by the Outer Banks Association of Realtors. The real estate market is steady and homes are selling.If you are thinking about selling your home in Avalon Beach, give us a call or click one of the links below to find out what we can do for you.   Sold Market Avalon Beach          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     16     $4,121,675     $257,605     $273,450     233                   FHA     1     $195,050     $195,050     $195,050     53                   VA     2     $334,000     $167,000     $167,000     239                   Cash     4     $769,000   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sold data for homes in the subdivision of Moor Shores during for first six months of 2016. This information is supplied by the Outer Banks Association of Realtors. Homes sales are continuing at a fast past in Moor Shores with six homes sold in the first half of this year.If you are thinking about selling your home in Moor Shores, give us a call or click one of the links below to find out what we can do for you.     Sold Market Moor Shores          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $921,500     $307,167     $293,500     189                   FHA     1     $218,000     $218,000     $218,000     252                   Cash     1     $327,000     $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The report below shows the home sales activity for the subdivision of Delray Beach during the first half  of this year. This information is supplied by the Outer Banks Association of Realtors. Home sales remain strong in the community of Delray Beach with 4 homes sold in the first six months of 2016.If you are thinking about selling your home in Delray Beach, give me a call or click one of the links below to find out what we can do for you. Sold Market Delray Beach          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,121,700     $280,425     $279,000     186          Analysis By Area                   Kill Devil Hills b/w Hwys     4     $1,121,700     $280,425     $279,000     186    ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sales data in the condominium complex of Oyster Pointe during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. Condo sales remain strong on in Oyster Pointe with 5 condos sold during the first six months of this year.If you are thinking about selling your condo in Oyster Pointe, give me a call or click one of the links below to find out what we can do for you. Sold Market Oyster Pointe          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $418,000     $139,333     $138,000     171                   Cash     2     $371,000     $185,500     $185,500     45          Analysis By Area                   Kill Devi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sales data for the subdivision of Virginia Dare Shores for the first half of this year. This information is supplied by the Outer Banks Association of Realtors. Home sales remain strong in the community of Virginia Dare Shores with 16 homes sold during the first six months of 2016.If you are thinking about selling your home in Virginia Dare Shores, give me a call or click one of the links below to find out what we can do for you.     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     14     $4,003,050     $285,932     $279,500     131                   Cash     1     $335,000     $335,000     $335,000     46                   USDA     1     $185...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the homes sold in the subdivision of Ocean Acres during the first half of this year. This information comes from the Outer Banks Association of Realtors. As you can see, home sales in Ocean Acres continues on strong with nine homes sold during the first six months of 2016.If you are thinking about selling your home in Kill Devil Hills, give us a call or click one of the links below to find out what we can do for you.       Residential Ocean Acres     No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $218,000     $218,000     $218,000     65                   Conventional     6     $1,655,430     $275,905     $257,000     155                   VA     1     $315,750     $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sales activity for homes in the subdivision of Kitty Hawk Shores during the first half of 2016. This information is provided by the Outer Banks Association of Realtors. Home sales remain strong in the community of Moor Shores with six homes sold in the first six months of this year.If you are thinking about selling your home in Moor Shores, give us a call or click one of the links below to find out what we can do for you.     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $270,000     $270,000     $270,000     287                   Conventional     2     $1,423,000     $711,500     $711,500     243                   Cash     3     $1,152,900 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sales activity in the community of First Flight Village during the first half of 2016. This information is provided by the Outer Banks Association of Realtors. Home sales remain strong in the subdivision of First Flight Village with 4 homes sold during the first six months of this year.If you are thinking about selling your home in First Flight Village, give us a call or click one of the links below to find out what we can do for you.     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $862,350     $287,450     $237,500     61                   VA     1     $285,000     $285,000     $285,000     50          Analysis By Area             ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The data below shows the sales activity for the subdivision of Kill Devil Beach for the first half of this year. This information is supplied by the Outer Banks Association of Realtors. There were 9 homes sold so far which puts Kill Devil Beach on par for another good year of sales.If you are thinking about selling your home in Kill Devil Beach, give us a call or click one of the links below to find out what we can do for you. Sold Market Kill Devil Beach          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $2,246,400     $374,400     $357,500     146                   VA     1     $296,000     $296,000     $296,000     571                   Cash     2     $523,000     $261,500     $261,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The spreadsheet below outlines the sales activity in the town of Kill Devil Hills for the first half of this year. This information comes from the Outer Banks Association of Realtors. Home Sales continue to be strong in Kill Devil Hills with 141 residential properties and 12 vacant lots sold during the first six months of 2016. If you are thinking about selling your home in Kill Devil Hills, give us a call or click one of the links below to find out what we can do for you. Sold Market Kill Devil Hills          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     2     $488,000     $244,000     $244,000     176                   Conventional     93     $27,740,305     $298,283     $279,000     165             ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Summer is a good time to sell your house in Kill Devil Hills. With so much of Kill Devil Hills located on the west side of Rt158 and occupied by year round residents, home sales there do not follow the same pattern as the parts of the beach dominated by vacation rental homes. Home sales in the areas close to the beach, where the vacation rental houses are located, slow down in the summer for various reasons all having to do with the throngs of vacationers here during the summer.Year round neighborhoods populated with local residents continue to see homes sales remain brisk right through the summer. As you can see in the chart below, residential sales kept right on happening, with some ups and downs, and still continue strong.If you are thinking about selling your home in Kill Devil Hil...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Virginia Dare Shores are going up. The median price jumped up 10% from $200,000 in 2014 to $220,000 in 2015. Along with the increase in prices the number of sales almost doubled, so now is a good time to sell. If you are thinking about selling your home in Wright's Shores, give me a call or click one of the links below to find out what I can do for you.     Sold Market Wright's Shores 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $1,842,700     $204,744     $220,000     113          Analysis By Area                   Kill Devil Hills Westside     9     $1,842,700     $204,744     $220,000     113                   Totals     9     $1,842,700     $204,744     $2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Virginia Dare Shores are not going up but sales are holding steady, so if you are thinking about selling your home in Virginia Dare Shores, give me a call or click one of the links below to find out what I can do for you.     Sold Market Virginia Dare Shores 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     12     $3,247,300     $270,608     $249,500     175                   VA     1     $216,500     $216,500     $216,500     83                   Cash     6     $1,304,500     $217,417     $188,750     108          Analysis By Area                   Kill Devil Hills b/w Hwys     4     $1,093,500     $273,375     $277,250     112                   Kill Devil Hills Westsid...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Moor Shores are not going up but the number of sales has doubled, so if you are thinking about selling your home in Moor Shores, give me a call or click one of the links below to find out what I can do for you.     Sold Market Moor Shores 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $361,500     $361,500     $361,500     240                   Conventional     3     $847,900     $282,633     $290,000     70                   FHA     2     $458,000     $229,000     $229,000     99                   VA     1     $265,000     $265,000     $265,000     114                   USDA     1     $188,500     $188,500     $188,500     447          Analysis By Area                ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 It does not look like home prices in Delray Beach have started to go up just yet. Even though home prices are stagnating the number of buyers has gone up so if you are thinking about selling your home in Delray Beach, give me a call or click one of the links below to find out what I can do for you.     Sold Market Delray Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,148,000     $287,000     $258,750     223          Analysis By Area                   Kill Devil Hills b/w Hwys     4     $1,148,000     $287,000     $258,750     223                   Totals     4     $1,148,000     $287,000     $258,750     223                        Non Co-op Sales     1     $302,500  ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The median price of a home in The Landing jumped from $236,000 in 2014 to $290,000 in 2015 for an increase of 23%. If you are thinking of selling your home in The Landing, give me a call or click one of the links below to find out what I can do for you.     Sold Market The Landing 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $922,500     $307,500     $289,900     73                   FHA     1     $229,900     $229,900     $229,900     39                   VA     1     $350,000     $350,000     $350,000     124          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $289,900     $289,900     $289,900     64                   Kill Devil Hills Westside ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices and sales are up all across the board in Avalon Beach. The median price went up to $200,000 in 2015 from $187,500 in 2014. The average price went up and the number of sales increased from 228 in 2014 to 39 homes sold in 2015. If you are thinking about selling your home in Avalon Beach, give me a call or click one of the links below to find out what I can do for you.     Sold Market Avalon Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     23     $4,786,550     $208,111     $200,000     148                   FHA     3     $499,000     $166,333     $160,000     59                   VA     3     $697,250     $232,417     $222,500     121                   Cash     10     ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Kitty Hawk Shores have seen an increase as investors come back into the market looking for vacation rental homes. The median price of a home in Kitty Hawk Shores increased to $296,000 in 2015 from $242,500 in 2014 for an increase of almost 23%. If you are thinking about selling your home in Kitty Hawk Shores, give me a call or click one of the links below to find out what I can do for you.     Sold Market Kitty Hawk Shores 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     8     $3,894,700     $486,838     $267,750     150                   Cash     6     $2,865,000     $477,500     $440,000     190          Analysis By Area                   Kill Devil Hills Oceanside   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 It looks like home prices in Orville Beach are going up. In 2014 the median price of a house in Orville Beach was $265,000. The median price went up in 2015 to $285,000 for an increase of 7% over the year before. If you are thinking about selling your home in Orville Beach, give me a call or click one of the links below to find out what I can do for you.     Sold Market Orville Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     8     $2,224,000     $278,000     $261,250     206                   Cash     1     $375,000     $375,000     $375,000     138          Analysis By Area                   Kill Devil Hills b/w Hwys     4     $1,317,000     $329,250     $343,500     350      ...
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