Nags Head, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of The Villages At Nags Head in Nags Head, NC. Sold Market Village At Nags Head Single Family Homes Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 22 $11,363,499 $516,523 $500,999 199 Cash 8 $3,832,500 $479,063 $447,500 210 Jumbo Loan 4 $3,567,000 $891,750 $867,500 181   Analysis By Area Nags Head Oceanside 9 $5,474,000 $608,222 $502,000 230 Nags Head between hwys 4 $3,207,600 $801,900 $801,300 139 Nags Head Westside 21 $10,081,399 $480,067 $499,999 198 Totals 34 $18,762,999 $551,853 $503,500 200   Non Co-op Sales 5 $2,951,000 $590,200 $525,000 437 Co-op Sales 29 $15,811,999 $545,241 $500,000 159 Total Sales 34 $18,762,999 $551,853 $503,500 200   Sol...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Southridge in Ngas Head, NC. Sold Market Southridge Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 8 $2,909,400 $363,675 $346,000 56 VA 1 $368,791 $368,791 $368,791 12 Cash 1 $340,000 $340,000 $340,000 3   Analysis By Area Nags Head Westside 10 $3,618,191 $361,819 $348,000 46 Totals 10 $3,618,191 $361,819 $348,000 46   Non Co-op Sales 0       0 Co-op Sales 10 $3,618,191 $361,819 $348,000 46 Total Sales 10 $3,618,191 $361,819 $348,000 46   Sold Market Southridge Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 8 $3,304,000 $413,000 $378,500 103 FHA 1 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end sales update for the Landings at Sugar Creek Condos in Nags Head, NC. Sold Market The Landings at Sugar Creek Condo Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $699,000 $349,500 $349,500 24   Analysis By Area Nags Head Westside 2 $699,000 $349,500 $349,500 24 Totals 2 $699,000 $349,500 $349,500 24   Non Co-op Sales 1 $354,000 $354,000 $354,000 5 Co-op Sales 1 $345,000 $345,000 $345,000 42 Total Sales 2 $699,000 $349,500 $349,500 24   Sold Market The Landings at Sugar Creek Condo Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $290,000 $290,000 $290,000 176 Conventional 4 $1,244,500 $311,125 $322,500 140 Cash 3 $948,000 $316,000 $335,000 1...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for he community of Old Nags Head Place in Nags Head, NC. Sold Market Old Nags Head Place Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $2,663,500 $665,875 $659,750 58 Cash 1 $710,000 $710,000 $710,000 67   Analysis By Area Nags Head between hwys 5 $3,373,500 $674,700 $672,500 59 Totals 5 $3,373,500 $674,700 $672,500 59   Non Co-op Sales 2 $1,420,000 $710,000 $710,000 44 Co-op Sales 3 $1,953,500 $651,167 $647,000 70 Total Sales 5 $3,373,500 $674,700 $672,500 59   Sold Market Old Nags Head Place Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,854,900 $618,300 $61...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for the community of Nags Head Shore in Nags Head, NC. Sold Market Nags Head Shore Real Estate Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $855,000 $427,500 $427,500 145 Conventional 11 $6,044,750 $549,523 $390,000 109 Cash 4 $1,951,500 $487,875 $399,750 75 Jumbo Loan 1 $1,119,000 $1,119,000 $1,119,000 378   Analysis By Area Nags Head Oceanside 3 $3,849,000 $1,283,000 $1,119,000 280 Nags Head between hwys 15 $6,121,250 $408,083 $380,000 88 Totals 18 $9,970,250 $553,903 $423,750 120 LOTS/LAND Other 1 $795,000 $795,000 $795,000 497 Conventional 2 $824,000 $412,000 $412,000 682   Analysis By Area Nags Head Oceanside 2 $1,445,000 $722,500 $722,500 719 Nags Head between hwys 1 $17...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for the community of Ocean Colony South in Nags Head, NC. Sold Market Ocean Colony South Real Estate Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $1,468,000 $367,000 $387,500 58   Analysis By Area S. N.H. East/Old Oregon R 4 $1,468,000 $367,000 $387,500 58 Totals 4 $1,468,000 $367,000 $387,500 58   Non Co-op Sales 0       0 Co-op Sales 4 $1,468,000 $367,000 $387,500 58 Total Sales 4 $1,468,000 $367,000 $387,500 58   Sold Market Ocean Colony South Real Estate Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,059,900 $353,300 $310,000 115 Cash 2 $635,000 $317,500 $317,500 118   Analysis By Area S. N.H. East/O...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Nags Head Beach in Nags Head, NC. Sold Market Nags Head Beach Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $1,805,000 $902,500 $902,500 31 Cash 1 $884,000 $884,000 $884,000 375   Analysis By Area Nags Head Oceanside 2 $1,609,000 $804,500 $804,500 200 Nags Head between hwys 1 $1,080,000 $1,080,000 $1,080,000 38 Totals 3 $2,689,000 $896,333 $884,000 146   Non Co-op Sales 1 $725,000 $725,000 $725,000 24 Co-op Sales 2 $1,964,000 $982,000 $982,000 207 Total Sales 3 $2,689,000 $896,333 $884,000 146   Sold Market Nags Head Beach Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Nags Head Acres in Nags Head, NC. Home prices skyrocketed last year in Nags Head Acres. If you are considering selling your home, give us a call to discover what we can do for you. Sold Market Nags Head Acres Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $2,049,000 $341,500 $353,500 47   Analysis By Area Nags Head Westside 6 $2,049,000 $341,500 $353,500 47 Totals 6 $2,049,000 $341,500 $353,500 47   Non Co-op Sales 0       0 Co-op Sales 6 $2,049,000 $341,500 $353,500 47 Total Sales 6 $2,049,000 $341,500 $353,500 47   Sold Market Nags Head Acres Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price Median...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of North Ridge Estates in Nags Head, NC. As you can see in the charts below, home prices in North Ridge Estates continues to improve. If you are considering selling your home in North Ridge Estates, give us a call to discover what we can do for you. Sold Market North Ridge Estates Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $1,213,000 $303,250 $310,000 67 VA 1 $355,000 $355,000 $355,000 3   Analysis By Area Nags Head Westside 5 $1,568,000 $313,600 $310,000 54 Totals 5 $1,568,000 $313,600 $310,000 54   Non Co-op Sales 0       0 Co-op Sales 5 $1,568,000 $313,600 $310,000 54 Total Sales 5 $1,568,000 $313,600 $310,000 54   Sold M...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for Hollywood Beach in Nags Head, NC. s you can see, Hollywood Beach experienced an increase in the average sales price last year. Sold Market Hollywood Beach Real Estate Sales Update 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $3,489,000 $872,250 $931,000 143 Cash 2 $840,000 $420,000 $420,000 106   Analysis By Area S. N.H. East/Old Oregon R 4 $3,489,000 $872,250 $931,000 143 S. N.H. West/Old Oregon R 2 $840,000 $420,000 $420,000 106 Totals 6 $4,329,000 $721,500 $658,500 131 LOTS/LAND Cash 1 $165,000 $165,000 $165,000 3   Analysis By Area S. N.H. West/Old Oregon R 1 $165,000 $165,000 $165,000 3 Totals 1 $165,000 $165,000 $165,000 3   Non Co-op Sales 1 $843,000 $843,000 $843,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
This is your 2018 year end real estate sales update for High Dunes in Nags Head,NC. As you can see, real estate prices have dropped a little in High Dunes while the number of sales has doubled. Sold Market Hugh Dunes Real Estate Sales Update 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,223,000 $407,667 $408,000 53 Cash 1 $335,000 $335,000 $335,000 26   Analysis By Area S. N.H. East/Old Oregon R 3 $1,223,000 $407,667 $408,000 53 S. N.H. West/Old Oregon R 1 $335,000 $335,000 $335,000 26 Totals 4 $1,558,000 $389,500 $399,000 46   Non Co-op Sales 0       0 Co-op Sales 4 $1,558,000 $389,500 $399,000 46 Total Sales 4 $1,558,000 $389,500 $399,000 46   Sold Market High Dunes Real Estate Sales Update 2017   No. of Listings Dollar Vol...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate market update for the subdivision of Goose Wing in South Nags Head NC. As you can see, sale are remaining steady as are the prices so now id a good time to sell. Sold Market Goose Wing Real Estate Sales Update 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $432,000 $432,000 $432,000 32 Cash 2 $800,000 $400,000 $400,000 24   Analysis By Area S. N.H. East/Old Oregon R 2 $817,000 $408,500 $408,500 33 S. N.H. West/Old Oregon R 1 $415,000 $415,000 $415,000 13 Totals 3 $1,232,000 $410,667 $415,000 26   Non Co-op Sales 1 $415,000 $415,000 $415,000 13 Co-op Sales 2 $817,000 $408,500 $408,500 33 Total Sales 3 $1,232,000 $410,667 $415,000 26   Sold Market Goose Wing Real Estate Market Sales Update 20...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Your Gertrude Sucro Real Estate Market Update indicates sales are remaining strong with a slight increase in prices. Sold Market Gertrude G Sucro Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $430,000 $430,000 $430,000 32 Cash 1 $430,000 $430,000 $430,000 206 USDA 1 $245,000 $245,000 $245,000 57   Analysis By Area Nags Head Westside 3 $1,105,000 $368,333 $430,000 98 Totals 3 $1,105,000 $368,333 $430,000 98   Non Co-op Sales 1 $430,000 $430,000 $430,000 32 Co-op Sales 2 $675,000 $337,500 $337,500 132 Total Sales 3 $1,105,000 $368,333 $430,000 98   Sold Market Gertrude G Sucro Real Estate Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $660,00...
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By Greg Cremia
(Shore Realty of the Outer Banks)
This real estate market update is for all those who own homes in Bodie Island Beach in Nags Head, NC. While it took longer last year to sell than in the previous year and only half as many homes sold, the median price and the average price both show dramatic increases. This bodes well if you are thinking about selling your home.  Sold Market Bodie Island Beach Single Family Homes Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $4,822,500 $964,500 $1,000,000 248 Cash 1 $269,000 $269,000 $269,000 8 Jumbo Loan 1 $1,025,000 $1,025,000 $1,025,000 7   Analysis By Area S. N.H. East/Old Oregon R 5 $5,283,000 $1,056,600 $1,025,000 38 S. N.H. West/Old Oregon R 2 $833,500 $416,750 $416,750 531 Totals 7 $6,116,500 $873,786 $1,000,000 179...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 Year End Real Estate Market Update for the Waterfront subdivision of Old Nags Head Cove in Nags Head NC. Old Nags Head Cove is a popular community featuring some unique amenities like a boat ramp, boat access to sound and ocean and a Waterfront Club House. Roughly half of the community is located on the Roanoke Sound or on a salt water canal with boat access to the Roanoke Sound.  These Water-front Homes in Old Nags Head Cove are mostly owned by out of state second home owners.This popularity contributes to the strong home sales happening in Old Nags Head Cove. All the indicators in the charts below show and increase in prices combined with a much shorter time on the market. Sold Market Old Nags Head Cove Single Family Homes Sold 2018   No. of Listings Dollar Volume A...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end Market Update covering single family home sales in Nags Head. As you can see, the home sales on the oceanfront have taken a little bit of a hit with the number of units sold falling by almost 30%. Luckily the Median Price of oceanfront homes has not taken a hit which indicates prices are holding on. Sold Market Nags Head Oceanfront Single Family Homes Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $4,790,000 $1,197,500 $1,082,500 119 Cash 2 $1,734,000 $867,000 $867,000 188 Jumbo Loan 3 $5,519,000 $1,839,667 $2,200,000 292   Analysis By Area Nags Head Oceanside 9 $12,043,000 $1,338,111 $1,119,000 192 Totals 9 $12,043,000 $1,338,111 $1,119,000 192   Non Co-op Sales 1 $725,000 $725,000 $725,000 24 Co...
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By Greg Cremia
(Shore Realty of the Outer Banks)
MLS #: 92648 0 S Croatan Highway Nags Head, NC 27959 Asking Price: $800,000 Status: Active Status Date: 6/4/2016  Listing Information Headline 4 NH Commercial Lots Btw Hwys! Area Nags Head between hwys Asking Price $800,000 Price Date 11/29/2016 Original Asking Price $850,000 Total Tax Assessed Value $99,400 Days On Market 840 Cumulative Days On Market 840 Listing Date 6/2/2016 Listing Type Exclusive Right Sell Input Date Date 6/4/2016 Update Date 5/11/2018 11:50:00 AM Sale Or Rent For Sale Ownership O  Building Details  Type Commercial Class LOTS/LAND  Lot Details & Legal Description  Address 0 S Croatan Highway Unit/Lot # Lot 1 Block B1 Subdivision Roanoke Snd Shr Full Subdivision Name Roanoke Sound Shores Resub S 3 County Dare City Nags Head State NC Zip 27959 Deed Page 0166 Deed Bo...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 The pretty lady on the TV was bragging about selling her house in record time and for a record price. She found this wonderful real estate agent on some website with all these incredible 5 star reviews and tons of experience. She hired this agent to sell her house and this miracle agent sold the house in just 2 days and for $40,000 over the asking price. This agent must have some type of magic wand to pull this off, right?Wrong, this agent underpriced the house so much that buyers were fighting over the pretty ladies’ house. If the house was priced at market value when it first came on the market then the house would have been listed for more than the final selling price. This fabulous real estate agent did not know how much the house was worth and consequently listed it with too low a...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Kill Devil Hills Single Family Homes   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $349,150 $349,150 $349,150 13 Conventional 83 $28,044,287 $337,883 $307,500 91 FHA 5 $1,303,000 $260,600 $242,000 78 VA 4 $1,144,850 $286,213 $268,500 81 Cash 23 $6,423,500 $279,283 $247,000 69 Owner Finance 1 $350,000 $350,000 $350,000 593 USDA 1 $240,000 $240,000 $240,000 0   Analysis By Area Kill Devil Hills Oceanside 4 $4,210,777 $1,052,694 $762,888 146 Kill Devil Hills b/w Hwys 27 $10,266,700 $380,248 $350,000 114 Kill Devil Hills Westside 87 $23,377,310 $268,705 $260,000 78 Totals 118 $37,854,787 $320,803 $290,000 89   Non Co-op Sales 12 $3,224,400 $268,700 $256,250 68 Co-op Sales 106 $34,630,387 $326,702 $300,000 91 Total Sales 118 $37,854...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Nags Head Single Family Homes   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 75 $37,941,399 $505,885 $406,000 128 VA 2 $673,791 $336,896 $336,895 62 Cash 17 $6,362,900 $374,288 $345,000 89 Jumbo Loan 4 $4,811,000 $1,202,750 $989,500 278 USDA 1 $245,000 $245,000 $245,000 57   Analysis By Area Nags Head Oceanside 9 $8,088,000 $898,667 $725,000 265 S. N.H. East/Old Oregon R 18 $11,400,000 $633,333 $443,500 73 Nags Head between hwys 23 $11,865,000 $515,870 $460,000 110 S. N.H. West/Old Oregon R 6 $2,755,500 $459,250 $461,500 248 Nags Head Westside 43 $15,925,590 $370,363 $335,000 109 Totals 99 $50,034,090 $505,395 $390,000 125   Non Co-op Sales 12 $6,434,000 $536,167 $523,000 196 Co-op Sales 87 $43,600,090 $501,150 $390,000 115...
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