Kill Devil Hills, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Avalon Beach Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     37     $8,727,060     $235,866     $235,000     84                   FHA     1     $173,000     $173,000     $173,000     104                   VA     3     $628,000     $209,333     $188,500     47                   Cash     7     $1,520,500     $217,214     $199,000     118                   Owner Finance     2     $642,600     $321,300     $321,300     152          Analysis By Area                   Kill Devil Hills b/w Hwys     13     $3,563,400     $274,108     $260,000     128                   Kill Devil Hills Westside     37     $8,127,760     $219,669     $215,500     76                  ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
This article will be analyzing the Kill Devil Hills real estate market by comparing the sales of single family homes during the first six months of 2016 and the first 6 months of 2017. The spreadsheets below break down the single family home sales in the 3 distinct geographic areas of Kill Devil Hills. Each of these areas has distinct qualities that require separate analysis. The 3 areas are:Oceanside is the area of town located on the east side of RT12 (beach road) and consists mainly of the row of ocean front houses with a few exceptions where there is a cu-de-sac or small side street, adding some none oceanfront properties into the equation. These homes are almost all owned as vacation rentals.Between the Roads is the area between RT 12 and Rt 158 and parallels the ocean front. This ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
There were no units sold in the 7Cs condos in 2015 because they were being replaced after a fire. The owners took advantage of the replacement process and upgraded everything. The new build almost doubled the price of each unit. The prices jumped from the upper $200k range to upper $400k range. If you are contemplating selling your 7Cs Condo, or you just want to know what it is worth, just click one of the links below or give me a call to find out what your unit is worth in today's market.       Sold Market 7Cs Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,910,000     $477,500     $482,500     312                   Cash     1     $440,000     $440,000     $440,000   ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Admiral's View II Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $688,900     $229,633     $225,000     636          Analysis By Area                   Kill Devil Hills Oceanside     3     $688,900     $229,633     $225,000     636                   Totals     3     $688,900     $229,633     $225,000     636                        Non Co-op Sales     0                    0                   Co-op Sales     3     $688,900     $229,633     $225,000     636                   Total Sales     3     $688,900     $229,633     $225,000     636       Sold Market Admiral's View II Condos 2014          No. of Listings     Dollar Volume     Average Price     Median ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Avalon Beach 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     39     $9,992,875     $256,228     $239,900     179                   FHA     2     $425,050     $212,525     $212,525     72                   VA     3     $592,000     $197,333     $179,000     194                   Cash     9     $1,752,025     $194,669     $180,500     110          Analysis By Area                   Kill Devil Hills b/w Hwys     7     $2,219,800     $317,114     $305,000     260                   Kill Devil Hills Westside     46     $10,542,150     $229,177     $225,000     150                   Totals     53     $12,761,950     $240,792     $230,000     164                        Non Co...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Devonshire Place 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,952,008     $328,001     $295,408     264                   Cash     2     $691,700     $345,850     $345,850     303          Analysis By Area                   Kill Devil Hills Westside     11     $3,643,708     $331,246     $329,900     271                   Totals     11     $3,643,708     $331,246     $329,900     271                        Non Co-op Sales     10     $3,348,300     $334,830     $329,950     282                   Co-op Sales     1     $295,408     $295,408     $295,408     159                   Total Sales     11     $3,643,708     $331,246     $329,900     271       Sold Ma...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Baum Bay Harbor 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $621,000     $207,000     $185,000     89                   Owner Finance     1     $299,900     $299,900     $299,900     81          Analysis By Area                   Kill Devil Hills Westside     4     $920,900     $230,225     $230,000     87                   Totals     4     $920,900     $230,225     $230,000     87                        Non Co-op Sales     1     $185,000     $185,000     $185,000     146                   Co-op Sales     3     $735,900     $245,300     $275,000     67                   Total Sales     4     $920,900     $230,225     $230,000     87       Sold Market Baum Ba...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Croatan Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $2,279,000     $253,222     $260,000     79                   FHA     1     $348,900     $348,900     $348,900     178                   VA     2     $599,000     $299,500     $299,500     85          Analysis By Area                   Kill Devil Hills b/w Hwys     1     $399,000     $399,000     $399,000     37                   Kill Devil Hills Westside     11     $2,827,900     $257,082     $260,000     93                   Totals     12     $3,226,900     $268,908     $264,500     88                        Non Co-op Sales     1     $342,500     $342,500     $342,500     71                   Co-op...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market First Flight Village 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $2,699,350     $269,935     $251,250     79                   VA     1     $285,000     $285,000     $285,000     50                   USDA     1     $216,000     $216,000     $216,000     82          Analysis By Area                   Kill Devil Hills Westside     12     $3,200,350     $266,696     $251,250     77                   Totals     12     $3,200,350     $266,696     $251,250     77                        Non Co-op Sales     2     $536,000     $268,000     $268,000     59                   Co-op Sales     10     $2,664,350     $266,435     $251,250     80                   Total Sal...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Kitty Hawk Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     2     $1,970,000     $985,000     $985,000     323                   Conventional     4     $1,899,000     $474,750     $403,500     177                   Cash     3     $1,152,900     $384,300     $369,000     154          Analysis By Area                   Kill Devil Hills Oceanside     2     $2,600,000     $1,300,000     $1,300,000     276                   Kill Devil Hills b/w Hwys     7     $2,421,900     $345,986     $284,000     180                   Totals     9     $5,021,900     $557,989     $369,000     201                        Non Co-op Sales     2     $639,000     $319,500     $319,500     229  ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Moor Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,344,000     $336,000     $325,750     241                   FHA     1     $218,000     $218,000     $218,000     252                   VA     1     $236,000     $236,000     $236,000     113                   Cash     3     $747,000     $249,000     $290,000     116                   USDA     1     $250,000     $250,000     $250,000     50          Analysis By Area                   Kill Devil Hills Westside     10     $2,795,000     $279,500     $280,000     173                   Totals     10     $2,795,000     $279,500     $280,000     173                        Non Co-op Sales     0              ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    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...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Orville Beach 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     7     $2,142,900     $306,129     $290,000     129                   FHA     1     $317,000     $317,000     $317,000     33                   Cash     2     $523,000     $261,500     $261,500     107          Analysis By Area                   Kill Devil Hills b/w Hwys     4     $1,242,900     $310,725     $304,950     90                   Kill Devil Hills Westside     6     $1,740,000     $290,000     $269,000     131                   Totals     10     $2,982,900     $298,290     $292,450     115                        Non Co-op Sales     0                    0                   Co-op Sales     10     $2...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Oyster Pointe Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $854,500     $142,417     $140,750     133                   Cash     2     $371,000     $185,500     $185,500     45          Analysis By Area                   Kill Devil Hills Westside     8     $1,225,500     $153,188     $148,250     111                   Totals     8     $1,225,500     $153,188     $148,250     111                        Non Co-op Sales     3     $434,500     $144,833     $141,500     67                   Co-op Sales     5     $791,000     $158,200     $160,000     137                   Total Sales     8     $1,225,500     $153,188     $148,250     111       Sold Market O...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Wright's Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $2,296,600     $229,660     $215,000     103                   FHA     2     $365,000     $182,500     $182,500     221                   USDA     1     $205,000     $205,000     $205,000     55          Analysis By Area                   Kill Devil Hills Westside     13     $2,866,600     $220,508     $200,000     118                   Totals     13     $2,866,600     $220,508     $200,000     118                        Non Co-op Sales     0                    0                   Co-op Sales     13     $2,866,600     $220,508     $200,000     118                   Total Sales     13     $2,866,600...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Whispering Pines 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $504,000     $252,000     $252,000     119                   Cash     1     $215,000     $215,000     $215,000     46          Analysis By Area                   Kill Devil Hills Westside     3     $719,000     $239,667     $225,000     94                   Totals     3     $719,000     $239,667     $225,000     94                        Non Co-op Sales     1     $215,000     $215,000     $215,000     46                   Co-op Sales     2     $504,000     $252,000     $252,000     119                   Total Sales     3     $719,000     $239,667     $225,000     94       Sold Market Whispering Pin...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Victoria Place Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $566,000     $283,000     $283,000     166                   Cash     1     $265,000     $265,000     $265,000     131          Analysis By Area                   Kill Devil Hills b/w Hwys     3     $831,000     $277,000     $270,000     154                   Totals     3     $831,000     $277,000     $270,000     154                        Non Co-op Sales     0                    0                   Co-op Sales     3     $831,000     $277,000     $270,000     154                   Total Sales     3     $831,000     $277,000     $270,000     154       Sold Market Victoria Place Condos 2015    ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Virginia Dare Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     25     $6,801,000     $272,040     $279,000     164                   VA     1     $349,900     $349,900     $349,900     0                   Cash     4     $2,025,500     $506,375     $415,250     190                   USDA     1     $185,000     $185,000     $185,000     67          Analysis By Area                   Kill Devil Hills Oceanside     1     $215,000     $215,000     $215,000     398                   Kill Devil Hills b/w Hwys     6     $2,684,500     $447,417     $387,500     158                   Kill Devil Hills Westside     24     $6,461,900     $269,246     $279,500     150        ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market The Landing 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $422,500     $211,250     $211,250     164          Analysis By Area                   Kill Devil Hills b/w Hwys     2     $422,500     $211,250     $211,250     164                   Totals     2     $422,500     $211,250     $211,250     164                        Non Co-op Sales     0                    0                   Co-op Sales     2     $422,500     $211,250     $211,250     164                   Total Sales     2     $422,500     $211,250     $211,250     164       Sold Market The Landing 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM      ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Sea Holly Ridge 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     1     $213,500     $213,500     $213,500     83                   FHA     1     $179,000     $179,000     $179,000     48                   VA     1     $319,000     $319,000     $319,000     12                   Cash     1     $112,000     $112,000     $112,000     27          Analysis By Area                   Kill Devil Hills Westside     4     $823,500     $205,875     $196,250     43                   Totals     4     $823,500     $205,875     $196,250     43                        Non Co-op Sales     1     $319,000     $319,000     $319,000     12                   Co-op Sales     3     $504,500    ...
Comments 0