YEAR-TO-YEAR COMPARISON REPORT The report below is a comparison of Nags Head home sales for the last 2 years. Here you can see what areas of Nags Head are experiencing an increase in sales and sales price. If you are thinking of selling your home in Nags Head, give me a call or click one of the links below to find out what I can do for you. Statistics for: Area (Minor)=150, 151, 160, 161, 170, Class=RE, Date Range01/01/2015-01/31/2016, Grouping Selector=3, Type=SF; As Of: 4/30/2016   Qty Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg Qty Active % Chg RESIDENTIAL Dare County   Nags Head Oceanside Current Period 17   19,106,900   1,123,935   1,000,000   60   One Year Ago 23   22,927,649   996,854   970,000   71   Increase / (Decrease) (6) -26 % (3,820,749) -17 % 127,08... 04/30/2016

For those of you fortunate enough to own a 2nd house at the beach, the pollen blowing around on the warm breezes signals the start of the 'opening'. Those spring weeks when you begin to find out how well your beach house fared over the winter. The time where you debate what needs to be fixed and what needs to be replaced versus what can be ignored till next year. Renters will be checking in soon and the house needs to be opened for the summer vacation rental season.For some of you, the thought of another year spent baby sitting a beach house has had it's day, and the time has come to move on with your life. Is this the year to sell it? Is spring even a good time to sell my house in Nags Head? Most of the crowd does not show up until the summer so why not wait until then?Spring time is t... 04/04/2016

 Home prices in Whalebone Beaches are increasing. The median price went up from $402,500.00 to $415,000.00 for an increase of 3%. This is nothing to brag about but it shows prices are headed in the right direction. If you are thinking about possibly selling your home in Whalebone Beaches, give e a call or click one of the links below to find out what I can do for you.     Sold Market Whalebone Beaches Homes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     7     $2,602,700     $371,814     $415,000     326                   Cash     2     $2,580,000     $1,290,000     $1,290,000     127          Analysis By Area                   Nags Head Oceanside     2     $2,792,500     $1,396,250  ... 03/06/2016

 We are seeing the prices of ocean front homes in Nags Head going up at a pretty good pace. The median price jumped 10% from $915,000 in 2014 to $1,000,000 in 2015. The average price skyrocketed a whopping 17% from $861,000 in 2014 to $1,125,000 in 2015. This is very encouraging for Nags Head home owners. If you are thinking of selling your ocean front home in Nags Head, give me a call or click one of the links below to find out what I can do for you.     Sold Market Nags Head Oceanfront Homes 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $937,500     $937,500     $937,500     245                   Conventional     12     $10,742,240     $895,187     $778,000     335                 ... 02/28/2016

 It looks like home prices are not going up in the subdivision of Nags Head Shores. The median price fell 8% to $325,000 from $351,000. The number of homes sold saw a slight increase so there are buyers out there helping selling get rid of their properties. If you are thinking about selling your home in Nags Head Shores, give me a call or click one of the links below to find out what I can do for you.     Sold Market Nags Head Shores 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $3,779,900     $377,990     $327,500     241                   Cash     2     $466,000     $233,000     $233,000     110                   Owner Finance     1     $256,000     $256,000     $256,000   ... 02/27/2016

 While it might look like prices are falling when you see the drop in the median price of a Heron Cove condo but looks are deceiving. Top floor units sell for substantially more than first floor units and this can throw off the numbers. If you are considering selling your Heron Cove Condo, give me a call or click one of the links below to find out what I can do for you.     Sold Market Heron Cove Condos 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Cash     2     $812,500     $406,250     $406,250     173          Analysis By Area                   Nags Head Oceanside     2     $812,500     $406,250     $406,250     173                   Totals     2     $812,500     $406,250     $406,250     173   ... 02/27/2016

 The price of a Diamond Shoals condo has gone down since last year. The median price fell substantially from $450,000 to $380,000. This might reflect the sale of units that were not updated and worth considerably less than more modern units or the sale of first floor units which are also worth less the top floor units. If you are thinking about selling your Diamond Shoals condo, give me a call or click one of the links below to find out what I can do for you.     Sold Market Diamond Shoals Condos 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $760,000     $380,000     $380,000     506          Analysis By Area                   S. N.H. East/Old Oregon R     2     $760,000     $... 02/27/2016

 The market for oceanfront condos in Nags Head is getting hot and the prices for Quay Condos is increasing along with the sales activity. The median price of a condo in the Quay went up 7% from $360,000 to $385,000 and the average price went up slightly from $376K to $378K. The big news is the number of sales doubled from 3 in 2014 to 6 in 2015. If you are thinking about selling your Quay Condo, give me a call or click one of the links below to find out what I can do for you.     Sold Market Quay Condos 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $1,544,000     $386,000     $385,000     204                   Cash     1     $337,000     $337,000     $337,000     532          ... 02/27/2016

 Home prices in South Nags Head seem to be holding steady with the median price almost the same for the past 2 years. The median price dropped slightly to $400,000 from $405,000 the year before, however the average price saw an increase from $479,000 in 2014 to $530,000 this past year, an increase of 115. If you are thinking of selling your house in South Nags Head, give me a call or click one of the links below to find out what I can do for you.     Sold Market South Nags Head 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     27     $15,251,786     $564,881     $425,000     227                   FHA     1     $320,000     $320,000     $320,000     118                   Cash     7     $... 02/21/2016

 It looks like home prices in Hollywood Beach are increasing. The median price jumped 40% to $925,000 from last year's $659,000 and the average prices went up from $667,000 to $795,000 this year. If you are thinking about selling your home in Hollywood Beach, give me a call or click one of the links below to see what I can do for you.     Sold Market Hollywood Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $1,350,000     $675,000     $675,000     480                   Jumbo Loan     1     $1,035,000     $1,035,000     $1,035,000     463          Analysis By Area                   S. N.H. East/Old Oregon R     2     $1,960,000     $980,000     $980,000     666             ... 02/21/2016

 Home prices in Bodie Isle Beach are definitely on the increase. Even though the number of homes sold remained the same, the total dollar volume went up considerably. The median price also increased by 14% from $645,000 to $731,000. The average price also experienced an increased a whopping 21% to $815,000 from $676,000 a year ago.If you are thinking of selling your home in Bodie Isle Beach, give me a call or click one of the links below to find out what I can do for you.     Sold Market Bodie Isle Beach 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     4     $3,426,000     $856,500     $778,000     248                   Cash     1     $650,000     $650,000     $650,000     247         ... 02/21/2016

 Not only have the home prices in Goose Wing gone up, sales are booming. 2015 saw an increase in the median price and a huge increase in the number of sales. There was only 1 home sold in Goose Wing in 2014 but in 2015 there was an increase and 7 homes were sold. If you are thinking of selling you home is Goose Wing, give me a call or click one of the links below to find out what I can do for you.     Sold Market Goose Wing 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $2,142,000     $428,400     $400,000     202          Analysis By Area                   S. N.H. East/Old Oregon R     5     $2,142,000     $428,400     $400,000     202                   Totals     5     $2,142... 02/06/2016

 The number of home sales in Old Nags Head Place has really picked up but the prices are still on the decline. If you have enough equity built up in your home then and you want to sell, there are plenty of buyers, but not for overpriced homes. If you are contemplating selling your Old Nags Head Place house, give me a call or click one of the links below to see what I can do for you.     Sold Market Old Nags Head Place 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $3,051,500     $610,300     $600,000     214                   Cash     2     $888,250     $444,125     $444,125     61          Analysis By Area                   Nags Head between hwys     7     $3,939,750     $562,... 02/06/2016

 Here are the new listing for the town of Nags Head for the week of January 25 through the 31st. MLS # Area Subdivision Address Asking Price Bedrooms Full Baths Headline     90919 Nags Head Oceanside Vil-NH Beach Haven South 6307 Virginia Dare Trail $910,000 7 5 Spacious Ocean Front 90921 Nags Head Oceanside 6607 S Virginia Dare Trail $2,900,000     Classic NH Cottage Court 90942 Nags Head Westside Old Nags Head Cove 516 S Hesperides Drive $469,000 3 2 SOUNDFRONT WITH CHARM 90957 Nags Head Westside Hills Of Nags Head 124 W Woodhill Drive $397,500 4 3 Not Your Typical Beach Box 90903 Nags Head Westside Vil-NH Marsh Links 104 Marsh Cove Drive $339,000 3 2       01/31/2016

 One sign of the improving real estate market in Nags Head is the decline in the number of distressed properties. The charts below show the single family homes that were sold by a bank, in the foreclosure process, in Nags Head going back to 2005. The statistics for each year show us that the peak in the distressed market was in 2010 when there were 43 foreclosures sold. The 14 foreclosure sales during this past year, prove the market is no longer distressed with sales and prices up.If you are contemplating selling your house in Nags Head, now might be a good time to start getting familiar with the market. I can show you what your home would sell for now and set you up to receive email updates when a neighbor's house sells. Knowing what the other houses are actually selling for, and not ... 01/25/2016

 212 Woodhill Drive in Nags Head     MLS #: 90535212 W Woodhill DriveNags Head, NC 27959 Asking Price: $657,500Status Date: 12/17/2015 Listing Information   Headline High Hills of NH PERFECTION! Area Nags Head Westside Beds 4 Full Baths 4 Partial Baths 0 Asking Price $657,500 Price Date 1/11/2016 Original Asking Price $672,500 Total Tax Assessed Value $497,900 Land Tax Assessd Value $109,000 Price Per Square Foot $175 Days On Market 29 Cumulative Days On Market 29 Listing Date 12/15/2015 Listing Type Exclusive Right Sell Input Date Date 12/17/2015 Update Date 1/12/2016 12:29:00 PM Sale Or Rent For Sale Ownership O Primary Residence Y/N N    Building Details  Type Single Family - Detached Class RESIDENTIAL Style Contemporary,Coastal Year Built 2007 Heated Living Area 3751 Air Conditonin... 01/23/2016

Dare County Arts Council is pleased to present the 38th Annual Frank Stick Memorial Art Show, presented by Southern Insurance Agency. Established in 1978 by Dare County Arts Council, this is the longest running visual art exhibition in the county and includes a wide variety of local fine art, ranging from conceptual to realistic.An opening reception and awards ceremony will be Saturday, January 30, 2016 from 6-8pm at Glenn Eure’s Ghost Fleet Gallery, located at 210 E. Driftwood Street in Nags Head, NC. The reception will feature hors d’oeuvres, drinks, and live music by Chape Whitman. Many of the participating artists will also be in attendance. Dare County Arts Council wishes to thank the sponsors, including Presenting Sponsor Southern Insurance Agency, Outer Banks Ace Hardware, The Be... 01/23/2016

Looking at the median price of the condos sold in The Landings at Sugar Creek indicates prices are not going up. The charts below show the sales for the last 2 years but they do not operate the condos out by their location in the buildings which we all know are a major factor of price. If you are thinking of selling your condo in Sugar Creek, give us a call so we can give you a better indicator of the market for your particular unit.     Sold Market Sugar Creek Condos 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     1     $245,000     $245,000     $245,000     263                   Cash     2     $589,000     $294,500     $294,500     79          Analysis By Area                   Nags... 01/21/2016

 Oh yea, home prices in North Ridge Estates are going up. If you own a house in North Ridge this should come as good news. This doesn't mean prices are back to where they were during the real estate boom, but they are heading in the right direction.     Sold Market North Ridge Estates 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $577,000     $288,500     $288,500     95                   FHA     2     $455,000     $227,500     $227,500     144          Analysis By Area                   Nags Head Westside     4     $1,032,000     $258,000     $252,500     119                   Totals     4     $1,032,000     $258,000     $252,500     119                        Non Co-op Sales... 01/18/2016

 Southridge home prices are going up and have been for a while. One of the brite spots in the Nags Head real estate market has been the community of Southridge on the westside of Rt158 behind the Nags Head post office.2015 saw an increase all across the board, as demonstrated in the 2 charts below. The median price of a home sold in Southridge went from $280K in 2014 to $305K in 2015, an increase of 9%. The average price went from  $285 to $313K for an increase of 10%.      Sold Market Southridge 2015          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     8     $2,391,000     $298,875     $305,000     108                   Cash     3     $1,055,023     $351,674     $294,023     151          Analy... 01/17/2016