Dare County, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
First Flight Village Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $4,848,600     $484,860     $436,150     34                   VA     1     $479,900     $479,900     $479,900     37                   Cash     2     $810,000     $405,000     $405,000     10          Analysis By Area                   Kill Devil Hills Westside     13     $6,138,500     $472,192     $439,000     30                   Totals     13     $6,138,500     $472,192     $439,000     30                        Non Co-op Sales     2     $1,053,300     $526,650     $526,650     31                   Co-op Sales     11     $5,085,200     $462,291     $439,000 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sea Crest Village Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $3,230,000     $807,500     $760,000     27                   Cash     1     $6,050,000     $6,050,000     $6,050,000     3          Analysis By Area                   Southern Shores Oceanside     5     $9,280,000     $1,856,000     $820,000     22                   Totals     5     $9,280,000     $1,856,000     $820,000     22                        Non Co-op Sales     1     $1,100,000     $1,100,000     $1,100,000     2                   Co-op Sales     4     $8,180,000     $2,045,000     $760,000     27                   Total Sales     5     $9,280,000     $1,8...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Chicahauk Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     2     $1,410,000     $705,000     $705,000     7                   Conventional     10     $7,012,300     $701,230     $739,950     29                   FHA     1     $562,000     $562,000     $562,000     39                   Cash     4     $3,105,500     $776,375     $772,500     43          Analysis By Area                   Southern Shores Westside     17     $12,089,800     $711,165     $739,900     30                   Totals     17     $12,089,800     $711,165     $739,900     30                        Non Co-op Sales     2     $1,189,900     $594,950     $594,950     13         ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Southern Shores Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     2     $1,410,000     $705,000     $705,000     7                   Conventional     47     $38,745,600     $824,374     $740,000     45                   FHA     2     $979,000     $489,500     $489,500     24                   VA     2     $1,765,000     $882,500     $882,500     5                   Cash     20     $21,822,000     $1,091,100     $705,750     39                   Owner Finance     1     $625,000     $625,000     $625,000     60                   Private     1     $327,000     $327,000     $327,000     40                   Jumbo Loan     1     $1,100,000     $1,100...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Southridge Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $3,414,900     $682,980     $661,000     53                   Cash     1     $490,000     $490,000     $490,000     27          Analysis By Area                   Nags Head Westside     6     $3,904,900     $650,817     $657,950     49                   Totals     6     $3,904,900     $650,817     $657,950     49                        Non Co-op Sales     0                    0                   Co-op Sales     6     $3,904,900     $650,817     $657,950     49                   Total Sales     6     $3,904,900     $650,817     $657,950     49   Southridge Homes Sold Jan 1,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sea Scape Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $3,121,900     $624,380     $647,000     47          Analysis By Area                   Kitty Hawk Westside     5     $3,121,900     $624,380     $647,000     47                   Totals     5     $3,121,900     $624,380     $647,000     47                        Non Co-op Sales     1     $519,900     $519,900     $519,900     10                   Co-op Sales     4     $2,602,000     $650,500     $676,000     56                   Total Sales     5     $3,121,900     $624,380     $647,000     47  Sea Scape Homes Sold Jan 1, 2022 to Jan 1, 2023     Sold Market          No. of...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Kitty Hawk Landing Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $2,446,000     $611,500     $604,500     15                   Cash     2     $1,160,000     $580,000     $580,000     12          Analysis By Area                   Kitty Hawk Westside     6     $3,606,000     $601,000     $595,000     14                   Totals     6     $3,606,000     $601,000     $595,000     14                        Non Co-op Sales     0                    0                   Co-op Sales     6     $3,606,000     $601,000     $595,000     14                   Total Sales     6     $3,606,000     $601,000     $595,000     14  Kitty Hawk Landing...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Kitty Hawk Beach Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $7,720,000     $772,000     $710,000     40                   Cash     7     $6,382,500     $911,786     $1,012,500     9          Analysis By Area                   Kitty Hawk Oceanside     2     $2,035,000     $1,017,500     $1,017,500     34                   Kitty Hawk between Hwys     14     $11,712,500     $836,607     $827,500     28                   Kitty Hawk Westside     1     $355,000     $355,000     $355,000     5                   Totals     17     $14,102,500     $829,559     $850,000     27                        Non Co-op Sales     5     $4,275,000...
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By Greg Cremia
(Shore Realty of the Outer Banks)
First Flight Ridges Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     1     $799,995     $799,995     $799,995     7                   VA     1     $999,900     $999,900     $999,900     12                   Cash     1     $960,000     $960,000     $960,000     7          Analysis By Area                   Kitty Hawk Westside     3     $2,759,895     $919,965     $960,000     9                   Totals     3     $2,759,895     $919,965     $960,000     9                        Non Co-op Sales     0                    0                   Co-op Sales     3     $2,759,895     $919,965     $960,000     9                   Total Sales     3   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Kitty Hawk Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     47     $37,394,794     $795,634     $690,000     48                   VA     2     $1,649,900     $824,950     $824,950     75                   Cash     18     $18,614,519     $1,034,140     $854,500     20                   Owner Finance     1     $724,900     $724,900     $724,900     27                   Jumbo Loan     2     $2,508,550     $1,254,275     $1,254,275     5          Analysis By Area                   Duck Oceanside     1     $680,000     $680,000     $680,000     6                   Southern Shores Westside     2     $1,677,500     $838,750     $838,750     57 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Orville Beach Homes Sold Jan 1, 2023 to Jan 1, 2024      Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $2,576,150     $644,038     $534,950     66                   Cash     3     $2,508,000     $836,000     $630,000     7          Analysis By Area                   Kill Devil Hills Oceanside     1     $994,000     $994,000     $994,000     241                   Kill Devil Hills Westside     6     $4,090,150     $681,692     $543,950     8                   Totals     7     $5,084,150     $726,307     $549,900     41                        Non Co-op Sales     1     $549,900     $549,900     $549,900     5                   Co-op Sales     6     $4,534,250     $755,708  ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Virginia Dare Shores Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     18     $11,601,700     $644,539     $658,750     36                   VA     1     $689,900     $689,900     $689,900     34                   Cash     6     $3,654,250     $609,042     $612,625     17          Analysis By Area                   Kill Devil Hills b/w Hwys     6     $4,182,500     $697,083     $607,000     15                   Kill Devil Hills Westside     19     $11,763,350     $619,124     $666,250     37                   Totals     25     $15,945,850     $637,834     $662,500     32                        Non Co-op Sales     1     $627,000     $627,0...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Nags Head Acres Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $1,232,500     $616,250     $616,250     53                   Cash     3     $1,790,250     $596,750     $550,000     53          Analysis By Area                   Nags Head Westside     5     $3,022,750     $604,550     $550,000     53                   Totals     5     $3,022,750     $604,550     $550,000     53                        Non Co-op Sales     0                    0                   Co-op Sales     5     $3,022,750     $604,550     $550,000     53                   Total Sales     5     $3,022,750     $604,550     $550,000     53  Nags Head Acres Homes ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Moor Shores Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $3,774,000     $629,000     $602,000     12                   Cash     1     $739,900     $739,900     $739,900     2                   Jumbo Loan     1     $1,385,000     $1,385,000     $1,385,000     1          Analysis By Area                   Kill Devil Hills Westside     8     $5,898,900     $737,363     $722,450     9                   Totals     8     $5,898,900     $737,363     $722,450     9                        Non Co-op Sales     3     $1,979,900     $659,967     $739,900     15                   Co-op Sales     5     $3,919,000     $783,800     $705,000    ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Ocean Acres Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $2,644,900     $528,980     $530,000     23                   Cash     3     $1,558,000     $519,333     $545,000     47          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $635,000     $635,000     $635,000     3                   Kill Devil Hills Westside     7     $3,567,900     $509,700     $530,000     36                   Totals     8     $4,202,900     $525,363     $537,500     32                        Non Co-op Sales     0                    0                   Co-op Sales     8     $4,202,900     $525,363     $537,500     32          ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Wright's Shores Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $2,720,499     $544,100     $475,000     26                   Cash     3     $1,132,550     $377,517     $420,050     12          Analysis By Area                   Kill Devil Hills Westside     8     $3,853,049     $481,631     $466,250     21                   Totals     8     $3,853,049     $481,631     $466,250     21                        Non Co-op Sales     2     $819,050     $409,525     $409,525     4                   Co-op Sales     6     $3,033,999     $505,667     $478,750     27                   Total Sales     8     $3,853,049     $481,631     $466,250...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Avalon Beach Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     18     $9,294,420     $516,357     $472,000     35                   VA     1     $412,500     $412,500     $412,500     72                   Cash     7     $3,072,000     $438,857     $515,000     31          Analysis By Area                   Kill Devil Hills b/w Hwys     6     $3,745,000     $624,167     $560,000     22                   Kill Devil Hills Westside     20     $9,033,920     $451,696     $448,000     40                   Totals     26     $12,778,920     $491,497     $472,000     36                        Non Co-op Sales     4     $2,399,000     $599,750     $...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Kill Devil Hills Homes Sold Jan 1, 2023 To Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $550,000     $550,000     $550,000     26                   Conventional     117     $69,226,227     $591,677     $565,000     34                   FHA     2     $859,000     $429,500     $429,500     41                   VA     6     $3,037,300     $506,217     $479,950     39                   Cash     48     $40,090,377     $835,216     $552,000     36                   Jumbo Loan     1     $1,385,000     $1,385,000     $1,385,000     1          Analysis By Area                   Kill Devil Hills Oceanside     7     $19,601,777     $2,800,254     $2,400,000     54       ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Hollwood Beach Homes Sold Jan 1, 2023 to Jan 1, 2024     Sold Market          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $6,742,000     $1,348,400     $1,350,000     22                   Cash     2     $1,675,000     $837,500     $837,500     26          Analysis By Area                   S. N.H. East/Old Oregon R     4     $6,130,000     $1,532,500     $1,582,500     21                   S. N.H. West/Old Oregon R     3     $2,287,000     $762,333     $747,000     27                   Totals     7     $8,417,000     $1,202,429     $1,075,000     23                        Non Co-op Sales     0                    0                   Co-op Sales     7     $8,417,000     $1,202,429     $1,07...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Geo T Stronach Subdivision Homes Sold Jan 1, 2022 to Jan 1, 2023             No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $2,450,000     $1,225,000     $1,225,000     54                   Cash     5     $5,404,313     $1,080,863     $1,070,000     45                   Jumbo Loan     1     $1,275,000     $1,275,000     $1,275,000     27          Analysis By Area                   Nags Head Oceanside     2     $2,465,000     $1,232,500     $1,232,500     102                   Nags Head between hwys     6     $6,664,313     $1,110,719     $1,115,000     26                   Totals     8     $9,129,313     $1,141,164     $1,167,500     45                        Non Co-op Sales     1     $1,010...
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