Forget what all the talking heads are saying. The real estate market is not crashing. It might be depressed in some areas but not in Kill devil Hills on the Outer Banks.While the Kill Devil Hills Home Sales market size has contracted considerably, the prices for homes are continuing to go up. This might be because property owners have become reluctant to sell which is keeping the inventory low which always boosts real estate prices.The number of home sales dropped 19% from 2021 to 2022  while at the same time, the median price went  up  17% from$417,412 in 2021 to $525,730 in 2022.  Kill Devil Hills Home Sales in 2022   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $607,000 $607,000 $607,000 46 Conventional 211 $118,585,887 $562,018 $520,000 ... 01/19/2023

Homes In Kill Devil Hills NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $772,000 $386,000 $386,000 154 Conventional 366 $129,664,378 $354,274 $326,000 72 FHA 27 $7,420,116 $274,819 $255,000 63 VA 27 $8,940,550 $331,131 $319,900 60 Cash 75 $26,677,650 $355,702 $322,500 59 Owner Finance 2 $866,000 $433,000 $433,000 518 Jumbo Loan 2 $3,235,000 $1,617,500 $1,617,500 283 USDA 5 $1,157,900 $231,580 $238,000 51   Analysis By Area Kill Devil Hills Oceanside 29 $16,731,834 $576,960 $399,500 168 Kill Devil Hills b/w Hwys 101 $40,148,650 $397,511 $352,500 63 Kill Devil Hills Westside 235 $76,029,062 $323,528 $319,000 54 Colington Harbor 104 $33,088,950 $318,163 $290,000 73 Colington 37 $12,735,098 $344,192 $311,000 130 Totals 506 ... 01/08/2021

Sold Market Avalon Beach Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 10 $3,089,500 $308,950 $317,500 52 VA 1 $165,000 $165,000 $165,000 119   Analysis By Area Kill Devil Hills Oceanside 1 $379,000 $379,000 $379,000 2 Kill Devil Hills b/w Hwys 2 $680,000 $340,000 $340,000 52 Kill Devil Hills Westside 8 $2,195,500 $274,438 $267,450 66 Totals 11 $3,254,500 $295,864 $310,000 58   Non Co-op Sales 2 $669,000 $334,500 $334,500 83 Co-op Sales 9 $2,585,500 $287,278 $289,900 52 Total Sales 11 $3,254,500 $295,864 $310,000 58   Sold Market Avalon Beach Real Estate Sold June 1, 2019 Through Sept 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventi... 10/04/2020

Sold Market Kill Devils Hills Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $310,000 $310,000 $310,000 143 Conventional 119 $40,668,028 $341,748 $325,000 75 FHA 9 $2,406,350 $267,372 $255,000 47 VA 9 $2,785,000 $309,444 $302,000 52 Cash 24 $11,091,000 $462,125 $370,000 88 Owner Finance 2 $866,000 $433,000 $433,000 518 Jumbo Loan 1 $2,560,000 $2,560,000 $2,560,000 94 USDA 1 $186,000 $186,000 $186,000 6   Analysis By Area Kill Devil Hills Oceanside 10 $7,201,500 $720,150 $389,250 120 Kill Devil Hills b/w Hwys 36 $13,445,300 $373,481 $324,950 71 Kill Devil Hills Westside 64 $22,110,498 $345,477 $330,000 49 Colington Harbor 40 $12,198,800 $304,970 $277,500 89 Colington 16 $5,916,280 $369,768 $... 09/23/2020

Sold Market Kill Devil Hills Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $978,245 $326,082 $298,245 9 Conventional 236 $76,589,708 $324,533 $287,500 88 FHA 9 $2,339,359 $259,929 $240,000 44 VA 17 $5,307,800 $312,224 $310,000 54 Cash 60 $17,229,550 $287,159 $274,250 67 Owner Finance 2 $500,000 $250,000 $250,000 233 Jumbo Loan 3 $2,833,000 $944,333 $930,000 72 USDA 4 $771,780 $192,945 $191,950 52   Analysis By Area Kill Devil Hills Oceanside 18 $12,385,345 $688,075 $430,500 117 Kill Devil Hills b/w Hwys 84 $29,800,860 $354,772 $337,500 96 Kill Devil Hills Westside 232 $64,363,237 $277,428 $270,000 73 Totals 334 $106,549,442 $319,010 $285,000 81 LOTS/LAND Other 2 $1,448,000 $724,000 $724,000 ... 03/01/2020

Sold Market Kitty Hawk Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $205,000 $205,000 $205,000 14 Conventional 12 $4,033,100 $336,092 $318,750 116 Cash 5 $1,475,000 $295,000 $322,000 93 Jumbo Loan 2 $1,903,000 $951,500 $951,500 108   Analysis By Area Kill Devil Hills b/w Hwys 19 $7,277,000 $383,000 $322,000 102 Kill Devil Hills Westside 1 $339,100 $339,100 $339,100 142 Totals 20 $7,616,100 $380,805 $326,000 104   Non Co-op Sales 2 $870,000 $435,000 $435,000 111 Co-op Sales 18 $6,746,100 $374,783 $326,000 104 Total Sales 20 $7,616,100 $380,805 $326,000 104   Sold Market Kitty Hawk Shores Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Med... 02/22/2020

Sold Market Wright Woods Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $445,000 $445,000 $445,000 58 VA 1 $417,000 $417,000 $417,000 52 Cash 1 $342,500 $342,500 $342,500 127   Analysis By Area Kill Devil Hills Westside 3 $1,204,500 $401,500 $417,000 79 Totals 3 $1,204,500 $401,500 $417,000 79   Non Co-op Sales 0       0 Co-op Sales 3 $1,204,500 $401,500 $417,000 79 Total Sales 3 $1,204,500 $401,500 $417,000 79   Sold Market Wright Woods Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $330,000 $330,000 $330,000 111   Analysis By Area Kill Devil Hills Westside 1 $330,000 $330,000 $330,00... 02/22/2020

Sold Market Wright's Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 9 $2,589,110 $287,679 $270,000 33 VA 2 $610,000 $305,000 $305,000 42 USDA 1 $228,000 $228,000 $228,000 43   Analysis By Area Kill Devil Hills Westside 12 $3,427,110 $285,593 $272,500 35 Totals 12 $3,427,110 $285,593 $272,500 35 LOTS/LAND Cash 1 $85,000 $85,000 $85,000 204   Analysis By Area Kill Devil Hills Westside 1 $85,000 $85,000 $85,000 204 Totals 1 $85,000 $85,000 $85,000 204   Non Co-op Sales 1 $260,000 $260,000 $260,000 1 Co-op Sales 12 $3,252,110 $271,009 $272,500 52 Total Sales 13 $3,512,110 $270,162 $270,000 48   Sold Market Wright's Shores Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listi... 02/22/2020

Sold Market Kill Devil Beach Real Estate Sold Jan 1,2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 7 $2,514,500 $359,214 $345,000 65 Cash 1 $137,500 $137,500 $137,500 483   Analysis By Area Kill Devil Hills b/w Hwys 1 $540,000 $540,000 $540,000 64 Kill Devil Hills Westside 7 $2,112,000 $301,714 $294,000 125 Totals 8 $2,652,000 $331,500 $319,500 117 LOTS/LAND Cash 2 $280,000 $140,000 $140,000 42   Analysis By Area Kill Devil Hills b/w Hwys 1 $230,000 $230,000 $230,000 83 Kill Devil Hills Westside 1 $50,000 $50,000 $50,000 1 Totals 2 $280,000 $140,000 $140,000 42   Non Co-op Sales 4 $878,500 $219,625 $215,750 128 Co-op Sales 6 $2,053,500 $342,250 $309,250 86 Total Sales 10 $2,932,000 $293,200 $283,750 102   Sold ... 02/22/2020

Sold Market Orville Beach Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 8 $2,340,000 $292,500 $287,500 94 Cash 3 $806,500 $268,833 $278,500 20   Analysis By Area Kill Devil Hills b/w Hwys 1 $235,000 $235,000 $235,000 28 Kill Devil Hills Westside 10 $2,911,500 $291,150 $285,750 78 Totals 11 $3,146,500 $286,045 $278,500 74 LOTS/LAND Other 1 $98,000 $98,000 $98,000 354   Analysis By Area Kill Devil Hills Westside 1 $98,000 $98,000 $98,000 354 Totals 1 $98,000 $98,000 $98,000 354   Non Co-op Sales 0       0 Co-op Sales 12 $3,244,500 $270,375 $274,250 97 Total Sales 12 $3,244,500 $270,375 $274,250 97   Sold Market Orville Beach Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listin... 02/22/2020

Sold Market Ocean Acres Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $4,116,610 $374,237 $343,000 89 Cash 1 $389,000 $389,000 $389,000 3   Analysis By Area Kill Devil Hills b/w Hwys 5 $2,044,610 $408,922 $350,000 93 Kill Devil Hills Westside 7 $2,461,000 $351,571 $343,000 75 Totals 12 $4,505,610 $375,468 $346,500 82 LOTS/LAND Cash 4 $190,000 $47,500 $47,500 12   Analysis By Area Kill Devil Hills Westside 4 $190,000 $47,500 $47,500 12 Totals 4 $190,000 $47,500 $47,500 12 COMMERCIAL/INDUSTRIAL Cash 1 $330,000 $330,000 $330,000 39   Analysis By Area Kill Devil Hills Westside 1 $330,000 $330,000 $330,000 39 Totals 1 $330,000 $330,000 $330,000 39   Non Co-op Sales 1 $50,000 $50,000 $50,0... 02/22/2020

Sold Market Virginia Dare Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $475,000 $475,000 $475,000 3 Conventional 25 $8,636,500 $345,460 $342,000 117 FHA 3 $837,900 $279,300 $259,900 41 VA 1 $344,900 $344,900 $344,900 139 Cash 12 $4,185,550 $348,796 $351,250 68   Analysis By Area Kill Devil Hills Oceanside 2 $1,025,000 $512,500 $512,500 94 Kill Devil Hills b/w Hwys 6 $2,212,500 $368,750 $343,750 26 Kill Devil Hills Westside 34 $11,242,350 $330,657 $342,500 108 Totals 42 $14,479,850 $344,758 $343,950 96 LOTS/LAND Conventional 3 $404,000 $134,667 $120,000 232 Cash 11 $1,452,500 $132,045 $110,000 56   Analysis By Area Kill Devil Hills b/w Hwys 1 $175,000 $175,000 $175,000 430 Kill Devil ... 02/22/2020

Sold Market The Landing Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $307,000 $307,000 $307,000 63 VA 1 $490,000 $490,000 $490,000 18 Cash 1 $325,000 $325,000 $325,000 17   Analysis By Area Kill Devil Hills b/w Hwys 1 $490,000 $490,000 $490,000 18 Kill Devil Hills Westside 2 $632,000 $316,000 $316,000 40 Totals 3 $1,122,000 $374,000 $325,000 33   Non Co-op Sales 0       0 Co-op Sales 3 $1,122,000 $374,000 $325,000 33 Total Sales 3 $1,122,000 $374,000 $325,000 33   Sold Market The Landing Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $832,500 $277,500 $271,500 69 FHA 1 $300,000 $300,... 02/22/2020

Sold Market First Flight Village Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 15 $4,645,500 $309,700 $300,000 83 VA 1 $270,000 $270,000 $270,000 89 Cash 3 $851,400 $283,800 $268,500 35   Analysis By Area Kill Devil Hills Westside 19 $5,766,900 $303,521 $292,000 76 Totals 19 $5,766,900 $303,521 $292,000 76 LOTS/LAND Conventional 1 $108,000 $108,000 $108,000 187   Analysis By Area Kill Devil Hills Westside 1 $108,000 $108,000 $108,000 187 Totals 1 $108,000 $108,000 $108,000 187   Non Co-op Sales 2 $603,900 $301,950 $301,950 44 Co-op Sales 18 $5,271,000 $292,833 $289,000 85 Total Sales 20 $5,874,900 $293,745 $289,000 81   Sold Market First Flight Village Real Estate Sold Jan 1, 2018 Throu... 02/22/2020

Sold Market First Flight Retreat Condos Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,376,000 $458,667 $477,000 173   Analysis By Area Kill Devil Hills Oceanside 3 $1,376,000 $458,667 $477,000 173 Totals 3 $1,376,000 $458,667 $477,000 173   Non Co-op Sales 0       0 Co-op Sales 3 $1,376,000 $458,667 $477,000 173 Total Sales 3 $1,376,000 $458,667 $477,000 173   Sold Market First Flight Retreat Condos Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,155,750 $385,250 $335,750 153 Cash 1 $304,000 $304,000 $304,000 0   Analysis By Area Kill Devil Hills Oceanside 4 $1,459,750 $364,938 $325,375 115 Totals 4 $1,... 02/22/2020

Sold Market Bermuda Bay Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 15 $3,989,900 $265,993 $277,500 90 VA 1 $177,000 $177,000 $177,000 53 Cash 1 $302,500 $302,500 $302,500 17   Analysis By Area Kill Devil Hills Westside 17 $4,469,400 $262,906 $277,500 83 Totals 17 $4,469,400 $262,906 $277,500 83   Non Co-op Sales 5 $1,659,900 $331,980 $330,000 108 Co-op Sales 12 $2,809,500 $234,125 $215,000 73 Total Sales 17 $4,469,400 $262,906 $277,500 83   Sold Market Bermuda Bay Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 25 $6,714,252 $268,570 $272,888 181 Cash 5 $1,331,450 $266,290 $301,350 154 ... 02/16/2020

Sold Market Croatan Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $3,559,338 $323,576 $325,000 61 FHA 1 $319,000 $319,000 $319,000 19 Cash 3 $953,900 $317,967 $345,900 125   Analysis By Area Kill Devil Hills b/w Hwys 3 $1,340,000 $446,667 $435,000 155 Kill Devil Hills Westside 12 $3,492,238 $291,020 $307,000 50 Totals 15 $4,832,238 $322,149 $325,000 71   Non Co-op Sales 2 $533,000 $266,500 $266,500 26 Co-op Sales 13 $4,299,238 $330,711 $335,000 78 Total Sales 15 $4,832,238 $322,149 $325,000 71   Sold Market Croatan Shores Real Esate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 7 $3,351,50... 02/16/2020

Sold Market Avalon Beach Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 41 $10,882,950 $265,438 $248,000 79 FHA 2 $397,459 $198,730 $198,729 15 VA 4 $1,004,000 $251,000 $237,000 31 Cash 10 $2,428,000 $242,800 $209,500 45 USDA 2 $349,780 $174,890 $174,890 11   Analysis By Area Kill Devil Hills b/w Hwys 11 $3,762,100 $342,009 $340,000 103 Kill Devil Hills Westside 48 $11,300,089 $235,419 $224,500 57 Totals 59 $15,062,189 $255,291 $238,000 65 LOTS/LAND Cash 1 $89,000 $89,000 $89,000 4   Analysis By Area Kill Devil Hills Westside 1 $89,000 $89,000 $89,000 4 Totals 1 $89,000 $89,000 $89,000 4   Non Co-op Sales 9 $2,176,000 $241,778 $220,000 47 Co-op Sales 51 $12,975,189 $254,415 $238,000 67 T... 02/16/2020

Sold Market Admirals View II Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $780,100 $260,033 $255,000 16   Analysis By Area Kill Devil Hills Oceanside 3 $780,100 $260,033 $255,000 16 Totals 3 $780,100 $260,033 $255,000 16   Non Co-op Sales 1 $225,000 $225,000 $225,000 37 Co-op Sales 2 $555,100 $277,550 $277,550 6 Total Sales 3 $780,100 $260,033 $255,000 16   Sold Market Admirals View II Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $189,900 $189,900 $189,900 2 Cash 3 $784,000 $261,333 $270,000 47   Analysis By Area Kill Devil Hills Oceanside 4 $973,900 $243,475 $252,500 36 Totals 4 $... 02/16/2020

Sold Market Kill Devil Hills Condos Sold oct 1, 2018 to Oct 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $298,245 $298,245 $298,245 11 Conventional 51 $14,005,400 $274,616 $229,500 126 VA 2 $566,900 $283,450 $283,450 179 Cash 11 $2,682,900 $243,900 $225,000 30 Owner Finance 1 $200,000 $200,000 $200,000 30 Jumbo Loan 1 $930,000 $930,000 $930,000 0 USDA 1 $194,000 $194,000 $194,000 142   Analysis By Area Kill Devil Hills Oceanside 18 $7,068,845 $392,714 $342,050 100 Kill Devil Hills b/w Hwys 14 $3,633,500 $259,536 $225,450 152 Kill Devil Hills Westside 36 $8,175,100 $227,086 $207,250 94 Totals 68 $18,877,445 $277,609 $229,250 107   Non Co-op Sales 12 $3,552,500 $296,042 $313,950 136 Co-op Sales 56 $15,324,945 $273,660 $227,750 101 T... 10/23/2019