Southern Shores NC Residential Home Sale Analysis For 2024 OverviewThis report analyzes the residential home market in Kitty Hawk, NC, based on recent sales data. Key metrics include the number of listings, dollar volume, average and median sale prices, and average days on market (DOM). The report also examines sales trends by financing type and area to provide a comprehensive view of the market.Market Summary Total Sales: Number of Listings: 82 Dollar Volume: $85,806,064 Average Sale Price: $1,046,415 Median Sale Price: $789,999 Average Days on Market (DOM): 37 Sales by Financing Type: Conventional Loans: Listings: 45 Total Volume: $39,725,139 Average Price: $882,781 Median Price: $780,000 Average DOM: 42 Cash Sales: Listings: 26 Total Volume: $32,851,125 Average Price: $1,263,505 Medi... 01/08/2025

Kitty Hawk NC Residential Home Sale Analysis For 20241. OverviewKitty Hawk, NC, demonstrates a robust residential real estate market with a total of 90 homes sold and a total dollar volume of $56,567,162. The average price stands at $628,524, while the median price is $592,500, indicating a balanced market with some higher-end sales pulling the average slightly above the median. The average days on market (DOM) is 38 days, suggesting healthy demand and timely sales.2. Breakdown by Financing MethodUnderstanding financing methods gives insight into buyer profiles and preferences: Conventional Loans: 54 homes sold with a total volume of $34,764,101. Average price: $643,780; Median price: $625,000. Average DOM: 40 days – a standard timeframe reflecting solid buyer activity. FHA Loans: 1 hom... 01/08/2025

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... 01/16/2024

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... 01/16/2024

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... 01/16/2024

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   ... 01/16/2024

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 ... 01/16/2024

The Kitty Hawk NC 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 Kitty Hawk NC home sales strong and the prices up.    Residential Homes Sold in Kitty Hawk NC From January 1, 2022 to April 11, 2022          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     19     $13,765,995     $724,526     $665,000     52                   FHA     1     $280,000     $280,000     $280,000     55                   Cash     5     $4,427,320     $885,464     $850,000     9          Analysis By Area                   Southern Shores Wests... 04/25/2023

The Kitty Hawk Landing 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 Kitty Hawk Landing home sales strong and the prices up.    Residential Homes Sold in Kitty Hawk Landing From January 1, 2023 to April 11, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,817,000     $605,667     $580,000     18                   Cash     1     $610,000     $610,000     $610,000     11          Analysis By Area                   Kitty Hawk Westside     4     $2,427,000     $606,750     $595,000     16          ... 04/25/2023

The Kitty Hawk Beach 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 Kitty Hawk Beach home sales strong and the prices up.     Residential Homes Sold in Kitty Hawk Beach From January 1, 2023 to April 11, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $3,375,000     $675,000     $570,000     41                   Cash     3     $3,100,000     $1,033,333     $1,100,000     11          Analysis By Area                   Kitty Hawk Oceanside     1     $1,050,000     $1,050,000     $1,050,000     1     ... 04/25/2023

Homes In Kitty Hawk NC Sold During 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $480,000 $480,000 $480,000 211 Conventional 141 $66,039,389 $468,364 $415,000 60 FHA 2 $636,000 $318,000 $318,000 132 VA 4 $1,586,000 $396,500 $353,500 66 Cash 34 $18,195,550 $535,163 $439,500 54 Jumbo Loan 2 $1,685,000 $842,500 $842,500 147   Analysis By Area Duck Oceanside 4 $3,080,000 $770,000 $740,000 15 Duck Westside 1 $279,000 $279,000 $279,000 3 Southern Shores Westside 5 $2,652,500 $530,500 $488,500 35 Martins Point 24 $18,472,750 $769,698 $692,500 129 Kitty Hawk Oceanside 7 $3,554,650 $507,807 $510,000 49 Kitty Hawk between Hwys 47 $22,356,625 $475,673 $410,000 68 Kitty Hawk Westside 96 $38,226,414 $398,192 $372,450 46 Totals 184 $88,621,939 $481... 01/08/2021

Sold Market Kitty Hawk Real Estate Sold June 1, 2020 Through Sept 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 46 $21,178,315 $460,398 $398,000 82 FHA 1 $360,000 $360,000 $360,000 134 VA 2 $879,000 $439,500 $439,500 59 Cash 9 $4,066,500 $451,833 $437,500 99 Jumbo Loan 1 $875,000 $875,000 $875,000 222   Analysis By Area Duck Westside 1 $279,000 $279,000 $279,000 3 Martins Point 10 $7,402,750 $740,275 $654,250 187 Kitty Hawk between Hwys 17 $8,347,500 $491,029 $437,500 111 Kitty Hawk Westside 31 $11,329,565 $365,470 $365,000 45 Totals 59 $27,358,815 $463,709 $410,000 87 LOTS/LAND Cash 3 $526,250 $175,417 $140,000 475   Analysis By Area Martins Point 1 $265,000 $265,000 $265,000 424 Kitty Hawk Westside 2 $261,250 $130,625 $130,6... 09/23/2020

Sold Market Kitty Hawk Real Estate Sold Jan 1, 2019 Through Jan 1,2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 90 $33,932,758 $377,031 $385,000 88 FHA 2 $490,500 $245,250 $245,250 32 VA 6 $1,951,800 $325,300 $334,950 112 Cash 29 $11,476,110 $395,728 $346,440 80 Owner Finance 2 $1,179,000 $589,500 $589,500 224 Jumbo Loan 3 $2,636,900 $878,967 $786,900 20 USDA 1 $201,150 $201,150 $201,150 1   Analysis By Area Kitty Hawk Oceanside 10 $5,019,573 $501,957 $462,450 83 Kitty Hawk between Hwys 41 $18,576,170 $453,077 $415,000 80 Kitty Hawk Westside 82 $28,272,475 $344,786 $338,700 89 Totals 133 $51,868,218 $389,987 $375,000 86 LOTS/LAND Other 2 $1,590,675 $795,338 $795,337 326 Conventional 4 $505,000 $126,250 $123,500 147 Cash 6 $1,019,... 02/16/2020

Sold Market Kitty Hawk Terrace Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $2,161,955 $432,391 $423,475 57   Analysis By Area Kitty Hawk Westside 5 $2,161,955 $432,391 $423,475 57 Totals 5 $2,161,955 $432,391 $423,475 57   Non Co-op Sales 3 $1,345,980 $448,660 $482,080 13 Co-op Sales 2 $815,975 $407,988 $407,987 123 Total Sales 5 $2,161,955 $432,391 $423,475 57   Sold Market Kitty Hawk Terrace Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $670,000 $335,000 $335,000 15   Analysis By Area Kitty Hawk Westside 2 $670,000 $335,000 $335,000 15 Totals 2 $670,000 $335,000 $335,000 15   Non... 02/16/2020

  Sold Market Sea Scape Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 9 $3,429,400 $381,044 $389,900 96 FHA 1 $350,500 $350,500 $350,500 13 VA 1 $275,000 $275,000 $275,000 36 Cash 2 $694,000 $347,000 $347,000 174   Analysis By Area Kitty Hawk Westside 13 $4,748,900 $365,300 $350,500 97 Totals 13 $4,748,900 $365,300 $350,500 97   Non Co-op Sales 0       0 Co-op Sales 13 $4,748,900 $365,300 $350,500 97 Total Sales 13 $4,748,900 $365,300 $350,500 97 Sold Market Sea Scape Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $4,067,500 $369,773 $354,000 75 Cash 2 $745,000 $372,500 $372,500 234   A... 02/16/2020

Sold Market Sea Dunes Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $761,000 $253,667 $250,000 113   Analysis By Area Kitty Hawk between Hwys 3 $761,000 $253,667 $250,000 113 Totals 3 $761,000 $253,667 $250,000 113   Non Co-op Sales 0       0 Co-op Sales 3 $761,000 $253,667 $250,000 113 Total Sales 3 $761,000 $253,667 $250,000 113   Sold Market Sea Dunes Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $822,800 $274,267 $262,800 532   Analysis By Area Kitty Hawk between Hwys 3 $822,800 $274,267 $262,800 532 Totals 3 $822,800 $274,267 $262,800 532   Non Co-op Sales 2 $560,000 $280,000 $2... 02/16/2020

Sold Market Sandpiper Cay Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 8 $1,536,800 $192,100 $196,200 64 Cash 2 $390,000 $195,000 $195,000 23 USDA 1 $201,150 $201,150 $201,150 1   Analysis By Area Kitty Hawk Westside 11 $2,127,950 $193,450 $199,900 51 Totals 11 $2,127,950 $193,450 $199,900 51   Non Co-op Sales 1 $212,000 $212,000 $212,000 0 Co-op Sales 10 $1,915,950 $191,595 $196,200 56 Total Sales 11 $2,127,950 $193,450 $199,900 51   Sold Market Sandpiper Cay Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 10 $1,905,000 $190,500 $191,500 83 Cash 5 $923,500 $184,700 $184,500 70   Analysis... 02/10/2020

Sold Market Ocean Winds Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $169,900 $169,900 $169,900 2 Cash 2 $317,000 $158,500 $158,500 71   Analysis By Area Kitty Hawk Westside 3 $486,900 $162,300 $165,000 48 Totals 3 $486,900 $162,300 $165,000 48   Non Co-op Sales 1 $152,000 $152,000 $152,000 69 Co-op Sales 2 $334,900 $167,450 $167,450 37 Total Sales 3 $486,900 $162,300 $165,000 48   Sold Market Ocean Winds Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $172,400 $172,400 $172,400 36 FHA 1 $158,000 $158,000 $158,000 155   Analysis By Area Kitty Hawk Westside 2 $330,400 $165,200 $165,200... 02/10/2020

Sold Market Kitty Hawk Wood Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $1,745,500 $436,375 $455,250 94 Cash 2 $536,440 $268,220 $268,220 17   Analysis By Area Kitty Hawk Westside 6 $2,281,940 $380,323 $369,220 68 Totals 6 $2,281,940 $380,323 $369,220 68 LOTS/LAND Other 1 $90,675 $90,675 $90,675 217 Conventional 1 $95,000 $95,000 $95,000 293 Cash 1 $105,000 $105,000 $105,000 217   Analysis By Area Kitty Hawk Westside 3 $290,675 $96,892 $95,000 242 Totals 3 $290,675 $96,892 $95,000 242   Non Co-op Sales 1 $518,500 $518,500 $518,500 192 Co-op Sales 8 $2,054,115 $256,764 $252,500 118 Total Sales 9 $2,572,615 $285,846 $315,000 126   Sold Market Kitty Hawk Wood Real Estate Sold Jan 1, 20... 02/05/2020

Sold Market Kitty Hawk Landing Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 4 $1,452,000 $363,000 $323,500 101 Cash 6 $2,082,000 $347,000 $335,500 108   Analysis By Area Kitty Hawk Westside 10 $3,534,000 $353,400 $325,500 105 Totals 10 $3,534,000 $353,400 $325,500 105 RESIDENTIAL LONG TRM RENT Rented 1 $2,650 $2,650 $2,650 147   Analysis By Area Kitty Hawk Westside 1 $2,650 $2,650 $2,650 147 Totals 1 $2,650 $2,650 $2,650 147   Non Co-op Sales 2 $277,650 $138,825 $138,825 124 Co-op Sales 9 $3,259,000 $362,111 $332,000 106 Total Sales 11 $3,536,650 $321,514 $319,000 109   Sold Market Kitty Hawk Landing Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Avera... 02/05/2020