Outer Banks Real Estate Sales

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Real Estate Broker/Owner - Shore Realty of the Outer Banks - NC#127284
Helping people buy and sell Outer Banks real estate since 1989.
RECENT BLOG POSTS
Nags Head Single Family Homes Sold Jan 1 - July 1, 2023 Sold Market   No. of Listings Dollar Volume Average Price Median Price Average DOM Other 2 $1,340,000 $670,000 $670,000 4 Conventional 53 $41,922,707 $790,994 $661,000 45 FHA 1 $520,000 $520,000 $520,000 2 Cash 20 $17,817,350 $890,868 $760,0...
09/22/2023
If you are looking for a nags head rental house, you might be wondering if it is worth paying extra for one that has an in ground pool. There are several advantages in having a pool in your vacation home, especially if you enjoy swimming, relaxing, or entertaining guests. Here are some of the ben...
09/22/2023
The Outer Banks housing market is one of the hottest in the country, with unprecedented demand, low inventory, and rising prices. According to the Outer Banks Association of Realtors, 2020 saw a 44% increase in sales volume, reaching $1.47 billion, the highest since 2004. The trend continued in 2...
09/10/2023
Is there a housing shortage in Nags Head NC?According to various sources, Nags Head and the Outer Banks region are facing a serious challenge of affordable housing for both residents and workers. The median sale price of a home in Nags Head was $703K in June 2023, down 13.5% since last year, but ...
09/08/2023
Is there a housing shortage in Kill Devil Hills? This is a question that many residents, workers and visitors may ask as they face the challenges of finding affordable and available long-term housing in the coastal town. According to the Kill Devil Hills Board of Commissioners and Planning Board,...
09/08/2023
    Corolla Light Homes Sold Jan 1 - July 1, 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $4,453,575 $1,113,394 $1,181,250 67 Cash 4 $4,835,194 $1,208,799 $1,174,500 77 Jumbo Loan 1 $1,034,000 $1,034,000 $1,034,000 6   Analysis By Area ...
08/29/2023
    Ocean Sands Homes Sold Jan 1 - July 1-2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 16 $12,704,500 $794,031 $785,500 48 VA 1 $525,000 $525,000 $525,000 11 Cash 6 $5,777,000 $962,833 $868,500 19 Jumbo Loan 3 $4,400,000 $1,466,667 $1,100...
08/29/2023
    Corolla Homes Sold Jan 1 - July 1 2023   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 67 $74,412,917 $1,110,641 $910,000 68 VA 1 $525,000 $525,000 $525,000 11 Cash 23 $33,163,447 $1,441,889 $1,050,000 45 Jumbo Loan 11 $18,649,500 $1,695,409 ...
08/29/2023
If you are considering buying a second home in Kill Devil Hills, NC, you may be wondering what are the tax advantages of this decision. Here are some of the main benefits you can enjoy as a second-home owner:- You can deduct the mortgage interest you pay on your second home, just like you do for ...
08/29/2023
Some general insights into the real estate market outlook for home buyers on the Outer Banks. However, please note that real estate market conditions can change rapidly and can vary based on numerous factors, including economic conditions, interest rates, and local trends. For the most up-to-date...
08/28/2023
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Greg Cremia

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