Nags Head 3rd Quarter Real Estate Update 2019

05 October 2019 Administrator Market Updates, Nags Head

 

Sold Market Nags Head Real Estate Sold July 1 -Oct 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 2 $3,590,000 $1,795,000 $1,795,000 241
Conventional 48 $24,705,498 $514,698 $399,950 114
FHA 2 $621,500 $310,750 $310,750 105
Cash 14 $4,852,900 $346,636 $347,450 75
Owner Finance 1 $475,000 $475,000 $475,000 232
 
Analysis By Area
Nags Head Oceanside 13 $11,141,701 $857,054 $1,050,000 107
S. N.H. East/Old Oregon R 7 $5,315,922 $759,417 $515,000 92
Nags Head between hwys 15 $6,495,700 $433,047 $430,000 139
S. N.H. West/Old Oregon R 4 $1,128,900 $282,225 $282,000 196
Nags Head Westside 28 $10,162,675 $362,953 $338,750 90
Totals 67 $34,244,898 $511,118 $385,000 111
LOTS/LAND
Conventional 1 $167,000 $167,000 $167,000 183
Cash 1 $216,000 $216,000 $216,000 72
 
Analysis By Area
Nags Head between hwys 1 $216,000 $216,000 $216,000 72
S. N.H. West/Old Oregon R 1 $167,000 $167,000 $167,000 183
Totals 2 $383,000 $191,500 $191,500 128
COMMERCIAL/INDUSTRIAL
Conventional 1 $125,000 $125,000 $125,000 156
 
Analysis By Area
Nags Head Westside 1 $125,000 $125,000 $125,000 156
Totals 1 $125,000 $125,000 $125,000 156
 
Non Co-op Sales 9 $3,004,900 $333,878 $369,000 98
Co-op Sales 61 $31,747,998 $520,459 $385,000 114
Total Sales 70 $34,752,898 $496,470 $383,000 112

 

Sold Market Nags Head Real Estate Sold July 1 - Oct 1, 2018
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 1 $355,000 $355,000 $355,000 143
Conventional 27 $12,287,900 $455,107 $345,000 106
FHA 2 $588,000 $294,000 $294,000 21
VA 2 $634,000 $317,000 $317,000 34
Cash 7 $3,797,600 $542,514 $500,000 171
Jumbo Loan 2 $2,862,500 $1,431,250 $1,431,250 38
 
Analysis By Area
Nags Head Oceanside 5 $5,900,000 $1,180,000 $850,000 203
S. N.H. East/Old Oregon R 9 $4,248,500 $472,056 $355,000 100
Nags Head between hwys 6 $2,941,500 $490,250 $451,000 61
S. N.H. West/Old Oregon R 1 $400,000 $400,000 $400,000 0
Nags Head Westside 20 $7,035,000 $351,750 $322,250 105
Totals 41 $20,525,000 $500,610 $350,000 107
LOTS/LAND
Other 1 $235,000 $235,000 $235,000 16
Conventional 1 $174,000 $174,000 $174,000 423
Cash 2 $315,000 $157,500 $157,500 1174
 
Analysis By Area
Nags Head between hwys 1 $174,000 $174,000 $174,000 423
Nags Head Westside 3 $550,000 $183,333 $200,000 788
Totals 4 $724,000 $181,000 $187,000 697
 
Non Co-op Sales 3 $1,232,500 $410,833 $290,000 317
Co-op Sales 42 $20,016,500 $476,583 $346,500 148
Total Sales 45 $21,249,000 $472,200 $345,000 159
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