Outer Banks Market Report 
Outer Banks MLS Statistics - Outer Banks Market Report
Find out what is going on with the Outer Banks real estate market. You will find monthly updates on the Outer Banks MLS statistics, complete with any trends in the market.
There are currently 57 blog entries related to this category.
July 2010 Outer Banks Market Report
Tuesday, August 10th, 2010 at 1:13pm. 189 Views, 0 Comments.
It was definitely was a hot month on the Outer Banks. The hottest one in a while it seems. July was an interesting month for real estate on the Outer Banks. The real estate market continues to be dominated by foreclosures and short sales. It will be interesting to see how long it continues.
July Real Estate Highlights
- Foreclosures made up 27% of all sales
- Median sold single family price of $301,000
- 93 homes were sold in July
- Kill Devil Hills had the most homes sold at 23
- Homes under $500,000 continue to sell the fastest
- 15 condominiums were sold in the month of July
June 2010 - Kitty Hawk Sold Homes
Monday, July 19th, 2010 at 8:49am. 133 Views, 0 Comments.
Below are the sold homes in Kitty Hawk for the month of June 2010.
Any questions about a sale give us a call at 866 777 3948.
June Sold Homes - Kitty Hawk
| Price | Address |
| $175,000.00 | 3407 E Barnacle Lane |
| $244,900.00 | 4509 Seascape Drive |
| $322,000.00 | 3527 Poseidon Street |
| $345,000.00 | 4928 Lunar Drive |
| $377,000.00 | 111 Clifton Lane |
June - Corolla Sold Homes
Monday, July 19th, 2010 at 8:38am. 74 Views, 0 Comments.
Below you will find the sold homes in Corolla from June 1 - 30, 2010. June was not a particularly strong month for number of homes sold in Corolla but the majority of homes sold were about $500,000.
Any questions about a particular sale, give us a call at 866 777 3948.
June Sold Homes - Corolla
| Price | Address |
| $78,000.00 | 2332 Ocean Sands Road |
| $290,000.00 | 642 Surf Song Lane |
| $460,000.00 | 1262 Clearwater Lane |
| $520,000.00 | 615 Staysail Crescent |
| $537,500.00 | 770 Mariner Drive |
| $550,000.00 | 2390 Sandfiddler Road |
| $600,000.00 | 1067 Beacon Hill Drive |
| $1,375,000.00 | 473 Pipsi Point Road |
June - Duck Sold Homes
Monday, July 19th, 2010 at 8:33am. 36 Views, 0 Comments.
Below are the homes sold in Duck from June 1st to 30th, 2010. A good sign in Duck is the number of homes sold over $700,000.
Our team continues to monitor some excellent opportunities for buying a home in Duck. If you would like more information give our Duck specialist Dee a call at 866 777 3948.
June Sold Homes - Duck, NC
| Price | Address |
| $425,000.00 | 113 Sandpiper Cove |
| $443,500.00 | 121 Wampum Drive |
| $507,000.00 | 121 Marlin Drive |
| $510,000.00 | 101 Pamela Court |
| $550,000.00 | 115A Ocean Bay Boulevard |
| $715,000.00 | 113 Duck Landing Lane |
| $773,750.00 | 135 Four Seasons Lane |
| $850,000.00 | 107 Speckle Trout Drive |
| $900,000.00 | 104 Ocean Crest Way |
| $1,095,000.00 | 140 Four Seasons Lane |
| $1,225,000.00 | 118 Wood Duck Drive |
June - Nags Head Sold Homes
Monday, July 19th, 2010 at 8:04am. 59 Views, 0 Comments.
Below are the sold homes in Nags Head from June 1st to June 30th, 2010. We continue to see some Nags Head foreclosures, make the sold homes list. If you have any questions about a particular home, just give us a call at 866 777 3948.
Sold Homes in Nags Head - June 2010
| Price | Address |
| $74,000.00 | 208 E Hawks Nest Court |
| $80,000.00 | 9806 E Surf Side Drive |
| $90,000.00 | 9810 Surf Side Drive |
| $130,000.00 | 500 W Villa Dunes Drive |
| $163,000.00 | 212 Lost Colony Drive |
| $265,000.00 | 209 W Amberjack Court |
| $267,500.00 | 8445 Old Oregon Inlet Road |
| $289,900.00 | 7310 S Virginia Dare Trail |
| $330,000.00 | 317 Ridgeview Way |
| $339,750.00 | 107 W Gray Eagle Street |
| $345,000.00 | 107 W Gray Eagle Street |
| $353,400.00 | 141 W Oak Knoll Drive |
| $384,900.00 |
June - Kill Devil Hills Sold Homes
Monday, July 19th, 2010 at 7:52am. 116 Views, 0 Comments.
If you like to keep up to date with what homes have sold in Kill Devil Hills, below is a graph of sold homes from June 1 - June 30, 2010. For more information on a particular sold home, give us a call at 866 777 3948.
June 2010 Kill Devil Hills Sold Homes
| Price | Address |
| $105,000.00 | 706 W Fifth Street |
| $110,900.00 | 700 Skipjack Lane |
| $138,000.00 | 700 W Durham Street |
| $139,000.00 | 2022 Yorktown Street |
| $145,000.00 | 605 W Avalon Drive |
| $190,000.00 | 313 First Flight Lane |
| $220,000.00 | 1306 Elizabeth Street |
| $232,000.00 | 1105 W Sportsman Drive |
| $245,000.00 | 1505 Dogwood Lane |
| $248,500.00 | 3111 Bath Street |
| $282,540.00 | 2100 Bay Drive |
| $290,000.00 | 104 Ferris Avenue |
| $305,000.00 | 1805 Sunset Avenue |
| $349,900.00 | 1609 Opportunity… |
June 2010 Outer Banks Market Report - Update
Saturday, July 17th, 2010 at 9:13am. 142 Views, 0 Comments.
In the original, June Outer Banks Market Report, I forgot to add a link to the complete report from the Outer Banks Association of Realtors. Here is the complete report - June Outer Banks Market Statistics.
Outer Banks Foreclosures - July 15th Report
Thursday, July 15th, 2010 at 2:45pm. 267 Views, 0 Comments.
Outer Banks foreclosures tend to be one of the fastest selling segments of the market. We continue to see excellent chances to buy a home in the Outer Banks below its tax assessment. Below you will find some highlights of the current market for Outer Banks foreclosures.
- Between Nags Head, Kill Devil Hills and Kitty Hawk you can find bank owned properties ranging in price from $99,900 to just under $1,500,000
- The average bank owned homes in the 3 towns of Kitty Hawk, Kill Devil Hills, and Nags Head is 68.
- The current average price of a for sale bank owned home in those areas is between $360,000 - $365,000.
- For someone looking to make a larger investment in foreclosures there are side by side, 8 bedroom Kill Devil Hills oceanfront homes…
June 2010 Outer Banks Market Report
Wednesday, July 14th, 2010 at 1:34pm. 183 Views, 0 Comments.
June continued a trend of improving months for real estate in the Outer Banks. We continue to see a number of homes sold and go under contract. With what appears to be a strong rental season, we hopefully will see the market to continue to improve right into Fall and Winter.
June Outer Banks Market Highlights
- 3rd straight month with over 150 real estate closings
- 4th straight month with over 100 homes closing
- Foreclosed Outer Banks homes accounted for 32% of home closings
- Homes under $400,000 continue to be the hottest segment of the market
If you would like the entire report send us an email, and we will send it right off to you.
WHRO Looks at 2010 Tourism in the Outer Banks
Friday, April 23rd, 2010 at 9:55am. 144 Views, 0 Comments.
Here is an interesting video from WHROTV, on the prospects of tourism for 2010. It is a great look at what to do in the Outer Banks. (Note not all the video deals with the Outer Banks, it also shows information on Hampton Roads and Virginia Beach.)