October 2009 
There are 13 blog entries for October 2009.
Outer Banks Luxury Homes Report
Wednesday, October 28th, 2009 at 12:43pm. 126 Views, 0 Comments.
Here are some interesting statistics on the Outer Banks luxury homes market. I used the figure of $1,000,000 to define a luxury home. Here is what is available on the Outer Banks MLS.
Available Outer Banks Luxury Homes
| $1,000,000 or more | 272 |
| $1,250,000 or more | 214 |
| $1,500,000 or more | 146 |
| $1,750,000 or more |
78 |
| $2,000,000 or more |
33 |
| $3,000,000 or more |
15 |
| $3,500,000 or more |
12 |
Foreclosures in the Town of Nags Head
Tuesday, October 27th, 2009 at 3:08pm. 117 Views, 0 Comments.
In our effort to keep you up to date with Outer Banks foreclosures, we bring you this report on the current status of available Nags Head foreclosures. Currently in Nags Head we are tracking 4 available forecloses. The prices range from $208,000 to $1,975,000. The current foreclosed homes are a 3 bedroom, 4 bedroom and 2 8 bedroom homes. I would recommend taking a look at the available foreclosures. If you would like more information on the available foreclosures, email Dawn.
Outer Banks Foreclosure News October 25, 2009
Sunday, October 25th, 2009 at 9:05am. 154 Views, 0 Comments.
Currently we are following 33 available foreclosures on the Outer Banks. Prices range from $69,900 for a 1 bedroom home in Wanchese to a $1,975,000 oceanfront home in Nags Head. In 2009 we have seen foreclosed homes go under contract in as few as 17 days.
The median days on the market for sold Outer Banks foreclosures in 2009 has been 105 days. This number has been falling as we are seeing foreclosures come on the market priced well below tax value. If you are looking to invest in an Outer Banks home, now is an excellent time. Foreclosures can make excellent long term investments.
Kitty Hawk - 3rd Quarter Sold Properties Report
Thursday, October 15th, 2009 at 8:45am. 159 Views, 0 Comments.
Below are the sold homes in Kitty Hawk in the 3rd quarter of 2009, July 1, 2009 to September 30, 2009. The table below shows the sold home's address, original price, selling price and days on the market.
Kitty Hawk Homes for Sale
Kitty Hawk 3rd Quarter Sold Homes
| Condo | ||||||
| Kitty Hawk Westside | ||||||
| 2401 Neptune Way | $219,000 | $187,500 | 86% | 229 | ||
| 804 Angler Way | $180,000 | $165,000 | 92% | 137 | ||
| Totals | $399,000 | $352,500 | 88% | 183 | ||
| Single Family - Detached | ||||||
| Kitty Hawk between Hwys | ||||||
| 4724 N Virginia Dare Trail | $529,000 | $459,000 | 87% | 383 | ||
| 3621 Goosander Street |
Kill Devil Hills - 3rd Quarter Sold Homes Report
Wednesday, October 14th, 2009 at 4:00pm. 224 Views, 0 Comments.
Below you will find the sold homes in Kill Devil Hills from July 1, 2009 to September 30, 2009. A total of 62 homes were sold in the 3rd quarter.
In the 1st table you will find an analysis by area. Kill Devil Hills is broken into 3 areas. Oceanside, between the highways (158 and 12), and westside of US-158. The 2nd table splits the homes into type, address, original price, sold price, and days on the market.
Search Current Kill Devil Hills Homes for Sale
| Analysis by Area in Kill Devil Hills | ||||||
| Kill Devil Hills Oceansde | 2 | $785,000 | $392,500 | $392,500 | 99 | |
| Kill Devil Hills b/w Hwys | 15 | $4,086,600 | $272,440 | $252,500 | 174 | |
| Kill Devil Hills Westside | 45 | $9,248,501 | $205,522 |
Corolla - 3rd Quarter Sold Homes Report
Tuesday, October 13th, 2009 at 2:43pm. 135 Views, 0 Comments.
Below is the sold homes for the 3rd Quarter - July 1, 2009 to September 30, 2009. We saw 22 homes sold in Corolla in that time period. The table below is by address, original price, sold price and finally days on the market.
Current Corolla Homes for Sale
| Single Family - Detached | ||||||
| Corolla Oceanside | ||||||
| 778 Meeting Street | $665,000 | $518,000 | 78% | 720 | ||
| 149 Salt House Road | $2,550,000 | $1,720,580 | 67% | 508 | ||
| 954 Whalehead Drive | $645,000 | $585,000 | 91% | 384 | ||
| 766 Sunrise Court | $499,000 | $385,000 | 77% | 281 | ||
| 606 Schooner Ridge | $539,000 | $497,500 | 92% | 143 | ||
| 607 Wave Arch Court | $1,325,000 |
Duck 3rd Quarter 2009 Sold Homes Report
Tuesday, October 13th, 2009 at 2:27pm. 90 Views, 0 Comments.
Below you will find the sold homes in Duck from July 1, 2009 to September 30,2009. The graph is as follows: Type of Home, Address, Original Price, Sale Price and Days on the Market.
Search Duck Homes for Sale
| Condo | ||||||
| Duck Oceanside | ||||||
| 117-D328 Sea Colony Drive | $299,000 | $275,000 | 92% | 42 | ||
| Totals | $299,000 | $275,000 | 92% | 42 | ||
| Single Family - Detached | ||||||
| Duck Oceanside | ||||||
| 102 Ships Wheel Court | $949,000 | $820,000 | 86% | 544 | ||
| 120 Blue Heron Lane | $859,900 | $660,000 | 77% | 349 | ||
| 159 Schooner Ridge Drive | $1,400,000 | $1,010,000 | 72% | 331 | ||
| 102 Skimmer Way | $425,000 | $280,000 | 66% |
Outer Banks Foreclosure Report for October 11, 2009
Sunday, October 11th, 2009 at 1:27pm. 246 Views, 1 Comments.
We are continuing to see strong sales of distressed homes. Distressed homes are those that are short sales or bank owned. (The final phase of foreclosure is the bank taking possession, after they take possession they need to sell. Often this can lead to great opportunities for those looking to buy a foreclosed home.) In September we saw distressed homes account for 25% of all sold homes on the Outer Banks. Of the 95 homes sold, 17 were bank owned and 7 were short sales.
When we see such a high percentage of distressed home sales, it lets us know there are still significant opportunities available for those who are looking to buy a home in the Outer Banks. If you are interested in buying a foreclosure or short sale in the Outer Banks, join our…
Outer Banks Sold Homes Report for September 2009
Sunday, October 11th, 2009 at 1:16pm. 197 Views, 1 Comments.
September on the Outer Banks saw 95 residential homes sold. This was down 3 from the month of August. When compared to the month of August we saw less homes sold, but more pieces of land. The month of September ended up having 2 more sales that August due to the number of closings on vacant land.
While under 100 homes sold in September it does seem as if there are a number of people interested inpurchasing homes in the Outer Banks. Hopefully a strong October is to follow to keep the progress of the last 5 months going. It does seem as if home prices are starting to stabilize along the OBX.
Free Outer Banks Home
Tuesday, October 6th, 2009 at 3:22pm. 1663 Views, 6 Comments.
Just spoke with a fellow agent who has a client that is looking to to give away a Outer Banks home. The home does have to be moved off the property, but if you move it...its yours. For more information email Dawn - Dawn@seasiderealty.com
