The Ocean Acres real estate market is moving along briskly considering there is a shortage of homes for sale. Home owners right now are reluctant to sell for some reason which has created a lack of  home inventory for sale which in turn is keeping Ocean Acres home sales strong and the prices up.      Residential Homes Sold In Ocean Acres in Kill Devil Hills NC From January 1, 2023 to April 11, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,665,000     $555,000     $610,000     32                   Cash     1     $430,000     $430,000     $430,000     50          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $635,000     $635,000     $635,000     3   ... 04/17/2023

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 Ocean Acres Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $3,363,200     $305,745     $322,500     80                   FHA     1     $223,800     $223,800     $223,800     3                   VA     1     $302,000     $302,000     $302,000     6                   Cash     3     $974,900     $324,967     $325,000     63          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $350,000     $350,000     $350,000     95                   Kill Devil Hills Westside     15     $4,513,900     $300,927     $302,000     66                   Totals     16     $4,863,900     $303,994     $312,250     68     LOTS/LAND                   C... 01/29/2018

    Sold Market Ocean Acres 2106          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $218,000     $218,000     $218,000     65                   Conventional     12     $3,241,930     $270,161     $275,750     186                   VA     1     $315,750     $315,750     $315,750     145                   Cash     4     $732,300     $183,075     $151,000     114          Analysis By Area                   Kill Devil Hills b/w Hwys     2     $861,500     $430,750     $430,750     112                   Kill Devil Hills Westside     16     $3,646,480     $227,905     $226,500     167                   Totals     18     $4,507,980     $250,443     $255,000     161                        Non Co-op S... 01/16/2017

1610 S Virginia Dare Trail, Kill Devil HillsList Price: $675,000Sold Price: $635,000Bedrooms-7Full Baths-5Gorgeous home with ocean views. Proven and lucrative rental history. 7 Bedrooms, 3 Masters, and 5 1/2 Baths. Handicap Accessible with Elevator stops on all floors. Top floor has moder 403 W Ocean Acres Drive, Kill Devil HillsList Price: $259,000Sold Price: $250,000Bedrooms-3Full Baths-2No flood zone. EASY one-level living. Custom kitchen w/ granite countertops, beautiful tiled backsplash, recessed lighting & slide out shelving. Sizable master suite w/ walk-in closet, 209 Gunas Drive, Kill Devil HillsList Price: $284,900Sold Price: $280,000Bedrooms-3Full Baths-2Quality New Construction in the heart of Kill Devil Hills. There is no flood insurance required in this desirable X-Flood z... 12/12/2016

 The spreadsheet below outlines the homes sold in the subdivision of Ocean Acres during the first half of this year. This information comes from the Outer Banks Association of Realtors. As you can see, home sales in Ocean Acres continues on strong with nine homes sold during the first six months of 2016.If you are thinking about selling your home in Kill Devil Hills, give us a call or click one of the links below to find out what we can do for you.       Residential Ocean Acres     No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $218,000     $218,000     $218,000     65                   Conventional     6     $1,655,430     $275,905     $257,000     155                   VA     1     $315,750     $... 08/05/2016

 Not only are home prices in Ocean Acres going up, the sales activity is also picking up. From 2014 to 2015 the medial price of a home in Ocean Acres went up from $234,000 to $255,000 and the average price went up from $221,290 to $243,848. At the same time, the number of homes sold went up from 15 in 2014 to 17 in 2015. If you are thinking of selling your home in Oceans Acres, give me a call or click one of the links below to find out what I can do for you.     Sold Market Ocean Acres 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     14     $3,543,222     $253,087     $256,000     179                   VA     2     $460,000     $230,000     $230,000     196                   Cash     1... 02/06/2016