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Kitty Hawk, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
Good news for home owners as Kitty Hawk homes sales are are on the rise with prices increasing and the number of days it takes to sell is going down.If you are thinking about selling your home Kitty Hawk, give me a call or click one of the links below to see what we can do for you.      Kitty Hawk Between The Roads Homes Sold First Half 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $2,594,555     $432,426     $385,000     86                   Cash     2     $528,000     $264,000     $264,000     332          Analysis By Area                   Kitty Hawk between Hwys     8     $3,122,555     $390,319     $352,450     147                   Totals     8     $3,122,555     $390,31...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Kitty Hawk 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $275,000     $275,000     $275,000     158                   Conventional     62     $19,696,277     $317,682     $315,000     158                   FHA     3     $628,900     $209,633     $216,000     159                   VA     2     $593,000     $296,500     $296,500     269                   Cash     22     $7,185,900     $326,632     $285,000     140                   Owner Finance     1     $325,000     $325,000     $325,000     40                   USDA     2     $341,500     $170,750     $170,750     158          Analysis By Area                   Kitty Hawk Oceanside     1     $413,500     $413,500   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market First Flight Ridge 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Cash     1     $680,000     $680,000     $680,000     144          Analysis By Area                   Kitty Hawk Westside     1     $680,000     $680,000     $680,000     144                   Totals     1     $680,000     $680,000     $680,000     144     LOTS/LAND                   Cash     2     $266,500     $133,250     $133,250     62          Analysis By Area                   Kitty Hawk Westside     2     $266,500     $133,250     $133,250     62                   Totals     2     $266,500     $133,250     $133,250     62                        Non Co-op Sales     2     $266,500     $133,250     $133,250     62 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Harbour 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,558,000     $519,333     $560,000     113          Analysis By Area                   Kitty Hawk Westside     3     $1,558,000     $519,333     $560,000     113                   Totals     3     $1,558,000     $519,333     $560,000     113     LOTS/LAND                   Cash     1     $110,000     $110,000     $110,000     47          Analysis By Area                   Kitty Hawk Westside     1     $110,000     $110,000     $110,000     47                   Totals     1     $110,000     $110,000     $110,000     47     COMMERCIAL/INDUSTRIAL                   Conventional     1     $1,992,670     $1,992...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Kitty Hawk Beach 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     8     $2,821,900     $352,738     $312,950     182                   FHA     1     $193,000     $193,000     $193,000     293                   Cash     3     $1,144,900     $381,633     $339,900     216          Analysis By Area                   Kitty Hawk between Hwys     11     $3,614,800     $328,618     $305,000     205                   Kitty Hawk Westside     1     $545,000     $545,000     $545,000     145                   Totals     12     $4,159,800     $346,650     $312,950     200     LOTS/LAND                   Cash     1     $143,900     $143,900     $143,900     163          Analysis By ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Kitty Hawk Landing 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $814,000     $407,000     $407,000     207                   Cash     1     $506,000     $506,000     $506,000     105                   Owner Finance     1     $325,000     $325,000     $325,000     40          Analysis By Area                   Kitty Hawk Westside     4     $1,645,000     $411,250     $407,000     140                   Totals     4     $1,645,000     $411,250     $407,000     140     LOTS/LAND                   Conventional     1     $92,000     $92,000     $92,000     663          Analysis By Area                   Kitty Hawk Westside     1     $92,000     $92,000     $92,000 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Kitty Hawk Woods 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $1,771,000     $354,200     $359,000     135          Analysis By Area                   Kitty Hawk Westside     5     $1,771,000     $354,200     $359,000     135                   Totals     5     $1,771,000     $354,200     $359,000     135     LOTS/LAND                   Cash     1     $125,000     $125,000     $125,000     26          Analysis By Area                   Kitty Hawk Westside     1     $125,000     $125,000     $125,000     26                   Totals     1     $125,000     $125,000     $125,000     26                        Non Co-op Sales     0                    0              ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sandpiper Cay Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     8     $1,293,500     $161,688     $159,000     140                   Cash     3     $487,500     $162,500     $165,000     21                   USDA     2     $341,500     $170,750     $170,750     158          Analysis By Area                   Kitty Hawk Westside     13     $2,122,500     $163,269     $163,000     115                   Totals     13     $2,122,500     $163,269     $163,000     115                        Non Co-op Sales     3     $506,500     $168,833     $165,000     58                   Co-op Sales     10     $1,616,000     $161,600     $159,000     132                   Total Sal...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sea Dunes 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $275,000     $275,000     $275,000     158                   Conventional     6     $1,573,000     $262,167     $264,000     186                   Cash     3     $757,500     $252,500     $259,000     177          Analysis By Area                   Kitty Hawk between Hwys     10     $2,605,500     $260,550     $267,000     181                   Totals     10     $2,605,500     $260,550     $267,000     181                        Non Co-op Sales     1     $290,000     $290,000     $290,000     145                   Co-op Sales     9     $2,315,500     $257,278     $259,000     184                   Total Sales   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sea Scape 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $4,184,900     $380,445     $360,000     135                   Cash     2     $743,000     $371,500     $371,500     31          Analysis By Area                   Kitty Hawk Westside     13     $4,927,900     $379,069     $360,000     119                   Totals     13     $4,927,900     $379,069     $360,000     119     LOTS/LAND                   Cash     1     $49,500     $49,500     $49,500     344          Analysis By Area                   Kitty Hawk Westside     1     $49,500     $49,500     $49,500     344                   Totals     1     $49,500     $49,500     $49,500     344               ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
  The data below shows the sales activity for home sales in the condominium community of Sandpiper Cay  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, a total of 7 condos were sold. Sandpiper Cay 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 condo in Sandpiper Cay, 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     $464,500     $154,833     $155,000     71                   Cash     2     $322,500     $161,250     $161...
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By Greg Cremia
(Shore Realty of the Outer Banks)
     The data below outlines the sales activity for home sales in the subdivision of Kitty Hawk Beach  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 8 homes were sold. Kitty Hawk Beach 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 Kitty Hawk Beach, 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     5     $1,519,900     $303,980     $305,000     139                   FHA     1     $193,000     $193,000     $193,0...
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By Greg Cremia
(Shore Realty of the Outer Banks)
       The data below outlines the sales activity for home sales in the town of Kitty Hawk  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 48 homes were sold. Kitty Hawk has broken out of the doldrums that have been plaguing the community for far too long and is experiencing a resurgence in sales..If you are thinking about selling your home in Kitty Hawk, give us a call or click one of the links below to find out what we can do for you.       Sold Market Kitty Hawk          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $275,000     $275,000     $275,000     158                   Conventional     31     $9,520,3...
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By Greg Cremia
(Shore Realty of the Outer Banks)
     The data below outlines the sales activity for town house sales in the community of Sea Dunes during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 5 town houses were sold. Sea Dunes 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 town house in Sea Dunes, give us a call or click one of the links below to find out what we can do for you.       Sold Market Sea Dunes          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $275,000     $275,000     $275,000     158                   Conventional     3     $730,000     $243,333     $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
   The data below outlines the sales activity for home sales in the community of Sea Scape  during the first half of 2016. This information is supplied by the Outer Banks Association of Realtors. In the first half of the year, 6 homes were sold. Sea Scape 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 Sea Scape, give us a call or click one of the links below to find out what we can do for you.      Sold Market Sea Scape          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $2,266,000     $377,667     $365,500     125          Analysis By Area                   Kitty Hawk Westside     6     $2,26...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Looking at the data in the chart below, you can see that summer is not a bad time to sell a home Kitty Hawk. The chart below represents the total dollar volume of homes sold during 2015 broken down by the month the closing took place. Closing is when the two sides exchange deeds for money. Closings typically occur 30 to 40 days after the buyer and seller agree on a contract.  June and July both had the highest number of closings, which means those buyers started looking in March or April and most the contracts were written in April and May.If you are contemplating selling your home in Kitty Hawk, give us a call or click one of the links below to find out what we can do for you.  
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By Greg Cremia
(Shore Realty of the Outer Banks)
Home prices in Kitty Hawk Woods are still stagnating. There are buyers buying so if you are thinking of selling your home in Kitty Hawk Woods, give me a call or click one of the links below to find out what I can do for you.     Sold Market Kitty Hawk Woods 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,234,224     $308,556     $294,500     191          Analysis By Area                   Kitty Hawk Westside     4     $1,234,224     $308,556     $294,500     191                   Totals     4     $1,234,224     $308,556     $294,500     191                        Non Co-op Sales     0                    0                   Co-op Sales     4     $1,234,224     $308,556     $29...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The price of a home in Kitty Hawk Beach took another hit in 2015 with the median price falling nearly 5% to $315,000. However, sales are improving as the number of homes sold increased from 18 to 21, so it appears there are plenty of buyers out there. If you are thinking about selling your home in Kitty Hawk Beach, give me a call or click one of the links below to find out what I can do for you.     Sold Market Kitty Hawk Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     14     $5,304,750     $378,911     $368,125     168                   Cash     6     $1,819,000     $303,167     $260,250     105                   Owner Finance     1     $265,000     $265,000     $265,000     1...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Home prices in Sea Scape have skyrocketed 18%  over the past year, so it is safe to say that home prices are going up in Sea Scape. In 2014, the median price of a home in Sea Scape was only $286,450 and this year, the median price is jumped to $337,450. If you are contemplating selling your home in Sea Scape, give me a call or click one of the links below to find out what I can do for you.     Sold Market Sea Scape 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $265,000     $265,000     $265,000     163                   Conventional     9     $3,007,900     $334,211     $359,900     177          Analysis By Area                   Kitty Hawk Westside     10     $3,272,900     $327,29...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Yes, home prices in Kitty Hawk Landing are going up. The median price rose from $355,000 to $404,750 over the past year and the average price went up from $332,571 to $393,075. Good news for home owners in Kitty Hawk Landing. If you are thinking of selling your house, give me a call or click one of the links below to see what I can do for you.     Sold Market Kitty Hawk Landing 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $1,979,500     $395,900     $400,000     349                   Cash     3     $1,165,100     $388,367     $409,500     238          Analysis By Area                   Kitty Hawk Westside     8     $3,144,600     $393,075     $404,750     308                ...
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