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Duck, NC Real Estate News

By Matt Huband- OBX Realty Group-From Corolla To Hatteras, Working With Buyers and Sellers Since 2003
(OBX Realty Group)
What is the market like in Duck and Corolla, NC? We have been trying to purchase there for years but the area was experiencing extremes of price appreciation. Asked Tue Jun 10 2008 11:55 by B. M. I answered this question the other day from one of the sites I belong to and wanted to post my answer here. Matt Huband answered: Just like everywhere on the Outer Banks the prices in Duck & Corolla have come down to where they were in 2003-2004. Most of the homes in Duck & Corolla are in the $500,000+ range with most over $1M an this price range has seen the largest drop in home prices. With the number of listed houses at one of the highest levels in years coupled with the tightening of the mortgage industry these houses are having fewer and fewer buyers. This along with the continued strength...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Click here to Search All Duck Real Estate and Homes for Sale and browse through the properties available. There are 10 properties per page next to a digital satellite map of the neighborhood with the location of each house marked on the map. Zoom in on your new home.You can search for real estate in any location or subdivision in Duck in any price range.You can view all of the real estate for sale with the Outer Banks Association of REALTORS in one place. You do not have to sign up or register.
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By Ronnie Roach
(PrimePay Business Services)
The Town of Duck is proposing a strict Planting and Vegitation ordinance which will be read and voted on this Wednesday.  Many in the community oppose such a strict ordinance because the financial burden it will place on homeowners and businesses.  You can find a link to the proposed ordinance and other details at Outer Banks Real Estate.  
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By Greg Cremia
(Shore Realty of the Outer Banks)
The town of Duck plans to celebrate it's 5th anniversary starting with a picnic on May 1, 2007 in the new town park. The picnic will be held from 1 to 4 pm at the north end of the park in the new parking area. The picnic is free to all who want to attend and will be held rain or shine. For more info got to the town of Ducks website.
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By Greg Cremia
(Shore Realty of the Outer Banks)
SOLD MARKET ANALYSIS DUCK RESIDENTIAL OCEANSIDE Financeing       No. of Listings        Dollar Volume           Average Price           Median Price          Average DOMOther                           1                      $855,000                   $855,000                    $855,000                371Conventional               14                    $10,458,200              $747,014                   $651,500                148Cash                             3                     $1,148,900                $382,967                  $489,900                 70Totals                         18                     $12,462,100           $692,339                  $633,250              147WestsideConventional               2                      $991,500                   $495,750         ...
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By Charisse Hill
(Beach Realty and Construction)
    The Village of Duck This is the third of the series about the Outer Banks Communities. Duck is a town that runs from the end of Southern Shores to the beginning of Corolla.  The town of Duck has bike trails that run throughout the town. You can bike or walk to most restaurants and shopping areas.  This area has plenty of kayaking rentals and you can Parasail in the Currituck Sound.  You can see the beautiful sunsets from many restaurants and shopping areas.   The Town of Duck has recently completed a park area and plans many family activities this summer.   The Communities in Duck are:Ocean Crest*                                       Sea Pines*Duck Landing*Four Seasons*Sanderling*Carolina DunesSound to SeaTuckahoe*Bias ShoresBayberry BluffsSea TernWild Duck DunesSnow GeesePoteskeet...
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By Charisse Hill
(Beach Realty and Construction)
You are probably making your plans for vacationing in the Outer Banks this summer.  Let me tell you some of the exciting things the town of Duck is planning. www.townofduck.com.  Fourth of July Parade 9:00am -The one mile parade route begins at Scarborough Lane and Continues down Ocean Way and then Christopher Drive. The Music Series 6-7:30pm  Start July 10th and is on Tuesday and Thursday.Tuesday-July 10-Ruth Wyand(Folk/Blues/County/Americana)Thursday-July 12-Greg Shelton Trio(Acoustic Rock)Tuesday-July17-Laura Martier Trio(Jazz)Thursday-July 19- Sandy Mountain Boys(Bluegrass)Tuesday- July 24-Cristina Garey Trio (Acoustic)Thursday-July26-Heartstrings & Ivory (Classical)Tuesday-July 31-Watson and Calhoun(Acoustic Rock)Thursday-August 2-The Concert Chorale of the Outer Banks(Choral)Tuesd...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The Town of Duck will celebrate its 5th anniversary this summer with the opening of a new 10 acres sound-front park. The town plans to celebrate by hosting a series of events at the park. Actors and musicians from the "Lost Colony" and the NC School of Arts will give 5 morning performances during the months of July and August. During the evening, there will be ten performances by jazz, classical, country and acoustic rock acts. For more information about the dates of the events visit the town of Duck's website. The new park is mostly marsh with some maritime forest and has some walkways completed and a parking area. The town is planning to add kayak and canoe launch. sound-side boardwalk, picnic pavilion, playground, gazebo, and more nature trails. You can visit my site if you would lik...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Like many areas across the Outer Banks, Duck real estate has seen a decrease in the real estate values as well as in the number of sales. After 5 years of dramatic increases the real estate market has finally leveled off. Actually, 2 years of increases has been wiped out in one year. The following Duck real estate sales statistics are derived from the Outer Banks Association of REALTORS MLS.2006 saw 85 residential properties sell for an average price of $680,641 and a median price of $575,000.2005 saw 150 residential properties sell for an average price of $853,663 and a median price of $687,500.2004 saw 198 residential properties sell for an average price of $741,401 and a median price of $645,000.2003 saw 162 residential properties sell for an average price of $593,670 and a median pr...
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