Outer Banks Real Estate Update 3rd Quarter 2019

Sold Market Outer Banks Real Estate Sold Jul 1 - Oct 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 10 $6,776,900 $677,690 $242,500 70
Conventional 337 $134,433,681 $398,913 $342,000 142
FHA 40 $9,538,139 $238,453 $235,000 72
VA 36 $10,789,330 $299,704 $297,000 89
Cash 106 $38,426,980 $362,519 $275,000 108
Owner Finance 6 $1,421,500 $236,917 $206,250 65
Jumbo Loan 11 $11,135,000 $1,012,273 $1,075,000 158
USDA 9 $1,352,780 $150,309 $155,700 74
 
Analysis By Area
4-Wheel Drive Area 9 $4,712,400 $523,600 $469,900 132
Corolla Oceanside 33 $21,589,477 $654,227 $414,000 181
Corolla Westside 8 $3,595,400 $449,425 $497,200 103
Pt. Harbor to Powells Pt. 12 $4,019,800 $334,983 $343,950 100
Jarvisburg to Poplar Br. 21 $4,704,850 $224,040 $179,900 101
Aydlett to Barco 6 $1,732,500 $288,750 $258,000 80
Maple to Moyock 24 $7,089,847 $295,410 $303,500 122
Duck Oceanside 15 $7,966,400 $531,093 $434,900 194
Duck Westside 5 $1,536,000 $307,200 $412,000 59
Southern Shores Oceanside 4 $3,410,000 $852,500 $627,500 53
Southern Shores Westside 25 $12,334,400 $493,376 $468,000 132
Martins Point 5 $3,385,000 $677,000 $570,000 63
Kitty Hawk Oceanside 4 $2,144,573 $536,143 $524,786 84
Kitty Hawk between Hwys 7 $3,262,500 $466,071 $377,500 106
Kitty Hawk Westside 26 $8,699,430 $334,593 $327,500 74
Kill Devil Hills Oceanside 7 $4,158,600 $594,086 $300,100 75
Kill Devil Hills b/w Hwys 19 $7,023,910 $369,679 $285,000 110
Kill Devil Hills Westside 73 $19,969,977 $273,561 $270,000 72
Colington Harbor 33 $9,024,397 $273,467 $250,000 97
Colington 6 $1,886,550 $314,425 $288,450 98
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
Rodanthe Oceanside 10 $4,623,500 $462,350 $457,500 167
Rodanthe Soundside 4 $1,491,000 $372,750 $369,500 301
Waves Oceanside 1 $205,000 $205,000 $205,000 14
Salvo Oceanside 4 $1,066,100 $266,525 $291,250 158
Salvo Soundside 3 $2,101,000 $700,333 $630,000 139
Avon Oceanside 9 $4,033,011 $448,112 $395,000 559
Avon Soundside 9 $2,829,500 $314,389 $282,000 181
Buxton Oceanside 3 $995,000 $331,667 $315,000 280
Buxton Soundside 3 $716,000 $238,667 $225,000 86
Frisco Oceanside 3 $874,700 $291,567 $275,000 223
Frisco Soundside 5 $1,332,085 $266,417 $265,000 199
Hatteras Oceanside 8 $4,427,000 $553,375 $317,500 225
Hatteras Soundside 3 $507,000 $169,000 $212,000 136
Manteo-S. of Airport Road 17 $4,640,800 $272,988 $235,000 158
Manteo-N. of Airport Road 6 $2,889,500 $481,583 $396,250 146
Wanchese 1 $251,000 $251,000 $251,000 74
Dare Co. Mainland 3 $329,500 $109,833 $92,000 161
Knotts Island 2 $953,000 $476,500 $476,500 28
Ocracoke 4 $1,191,900 $297,975 $330,000 247
Pirates Cove 11 $4,977,500 $452,500 $320,000 144
Camden County 13 $3,122,580 $240,198 $244,900 76
Tyrrell County 1 $169,450 $169,450 $169,450 70
Elizabeth City 8 $1,373,480 $171,685 $157,440 60
Pasquotank County 4 $1,004,200 $251,050 $226,600 104
Perquimans County 2 $205,500 $102,750 $102,750 94
Bertie County 1 $160,000 $160,000 $160,000 167
Martin County 1 $62,895 $62,895 $62,895 44
Chowan County 1 $114,900 $114,900 $114,900 14
Gates County 1 $170,000 $170,000 $170,000 140
Hertford County 1 $32,000 $32,000 $32,000 12
Hertford 4 $534,300 $133,575 $127,200 38
Totals 555 $213,874,310 $385,359 $315,000 124
LOTS/LAND
Other 8 $3,631,000 $453,875 $101,500 630
Conventional 20 $3,537,900 $176,895 $123,500 200
Cash 87 $9,232,831 $106,124 $80,000 248
Owner Finance 7 $690,500 $98,643 $90,500 299
 
Analysis By Area
4-Wheel Drive Area 23 $1,638,050 $71,220 $70,000 59
Corolla Oceanside 4 $649,500 $162,375 $151,250 182
Corolla Westside 9 $642,900 $71,433 $60,000 516
Pt. Harbor to Powells Pt. 3 $354,000 $118,000 $52,000 128
Jarvisburg to Poplar Br. 7 $607,501 $86,786 $72,000 679
Aydlett to Barco 4 $205,500 $51,375 $52,500 384
Maple to Moyock 4 $300,500 $75,125 $60,000 209
Southern Shores Westside 4 $611,000 $152,750 $166,500 293
Martins Point 2 $927,500 $463,750 $463,750 524
Kitty Hawk between Hwys 1 $178,000 $178,000 $178,000 33
Kitty Hawk Westside 2 $1,580,000 $790,000 $790,000 234
Kill Devil Hills Oceanside 3 $3,410,000 $1,136,667 $1,030,000 409
Kill Devil Hills b/w Hwys 4 $865,000 $216,250 $230,000 166
Kill Devil Hills Westside 5 $456,000 $91,200 $108,000 139
Colington Harbor 7 $676,280 $96,611 $113,000 120
Colington 4 $540,500 $135,125 $123,750 57
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
Waves Oceanside 1 $98,500 $98,500 $98,500 192
Salvo Oceanside 2 $483,000 $241,500 $241,500 382
Avon Oceanside 1 $135,000 $135,000 $135,000 4
Avon Soundside 5 $344,000 $68,800 $54,000 318
Buxton Oceanside 1 $70,000 $70,000 $70,000 91
Frisco Soundside 1 $90,000 $90,000 $90,000 0
Hatteras Oceanside 1 $140,000 $140,000 $140,000 1
Hatteras Soundside 1 $95,500 $95,500 $95,500 0
Manteo-S. of Airport Road 5 $273,000 $54,600 $59,000 219
Manteo-N. of Airport Road 5 $426,500 $85,300 $80,000 1378
Dare Co. Mainland 2 $45,000 $22,500 $22,500 19
Other 1 $94,500 $94,500 $94,500 53
Knotts Island 1 $125,000 $125,000 $125,000 219
Ocracoke 2 $245,000 $122,500 $122,500 264
Pirates Cove 2 $262,000 $131,000 $131,000 23
Camden County 2 $78,000 $39,000 $39,000 111
Elizabeth City 1 $62,000 $62,000 $62,000 98
Totals 122 $17,092,231 $140,100 $90,000 268
COMMERCIAL/INDUSTRIAL
Other 1 $111,000 $111,000 $111,000 40
Conventional 3 $1,232,000 $410,667 $239,000 57
Cash 2 $1,285,000 $642,500 $642,500 307
Private 1 $2,100,000 $2,100,000 $2,100,000 1354
 
Analysis By Area
Pt. Harbor to Powells Pt. 2 $1,124,000 $562,000 $562,000 297
Kitty Hawk between Hwys 1 $2,100,000 $2,100,000 $2,100,000 1354
Kitty Hawk Westside 1 $868,000 $868,000 $868,000 14
Nags Head Westside 1 $125,000 $125,000 $125,000 156
Avon Soundside 1 $111,000 $111,000 $111,000 40
Manteo-S. of Airport Road 1 $400,000 $400,000 $400,000 20
Totals 7 $4,728,000 $675,429 $400,000 311
 
Non Co-op Sales 145 $45,609,250 $314,547 $230,000 236
Co-op Sales 539 $190,085,291 $352,663 $294,500 129
Total Sales 684 $235,694,541 $344,583 $285,000 152
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