Corolla, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Villages At Ocean Hills Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $6,543,000 $594,818 $509,000 246 Cash 5 $4,478,450 $895,690 $477,500 134 Jumbo Loan 1 $1,072,000 $1,072,000 $1,072,000 11   Analysis By Area Corolla Oceanside 12 $9,715,950 $809,663 $677,250 255 Corolla Westside 5 $2,377,500 $475,500 $485,000 65 Totals 17 $12,093,450 $711,379 $509,000 199 LOTS/LAND Cash 4 $550,000 $137,500 $95,000 305 Owner Finance 1 $140,000 $140,000 $140,000 354   Analysis By Area Corolla Oceanside 1 $300,000 $300,000 $300,000 878 Corolla Westside 4 $390,000 $97,500 $95,000 174 Totals 5 $690,000 $138,000 $125,000 315   Non Co-op Sales 3 $1,020,000 $340,000 $140,000 266 Co-op Sales 19 ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Magnolia Bay Real Estate Sold Jan 1,2019 Through Jan 1,2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,008,900 $336,300 $335,500 71 FHA 1 $435,000 $435,000 $435,000 0   Analysis By Area Corolla Westside 4 $1,443,900 $360,975 $354,500 53 Totals 4 $1,443,900 $360,975 $354,500 53   Non Co-op Sales 1 $435,000 $435,000 $435,000 0 Co-op Sales 3 $1,008,900 $336,300 $335,500 71 Total Sales 4 $1,443,900 $360,975 $354,500 53   Sold Market Magnolia Bay Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,044,350 $348,117 $320,000 182 Cash 1 $450,000 $450,000 $450,000 0   Analysis By Area Corolla Westside 4 $1,494,350 $373,588 $3...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Pine Island Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 7 $10,179,905 $1,454,272 $1,450,000 114 Cash 2 $3,930,000 $1,965,000 $1,965,000 231 Jumbo Loan 5 $7,974,625 $1,594,925 $1,430,000 77   Analysis By Area Corolla Oceanside 14 $22,084,530 $1,577,466 $1,440,000 117 Totals 14 $22,084,530 $1,577,466 $1,440,000 117   Non Co-op Sales 6 $11,004,500 $1,834,083 $1,603,500 75 Co-op Sales 8 $11,080,030 $1,385,004 $1,427,312 149 Total Sales 14 $22,084,530 $1,577,466 $1,440,000 117   Sold Market Pine Island Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $1,500,000 $1,500,000 $1,500,000 42 ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Monteray Shores Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $4,334,900 $394,082 $367,000 68 Cash 3 $1,174,000 $391,333 $355,000 165   Analysis By Area Corolla Oceanside 2 $750,000 $375,000 $375,000 43 Corolla Westside 12 $4,758,900 $396,575 $363,500 97 Totals 14 $5,508,900 $393,493 $363,500 89 LOTS/LAND Conventional 3 $229,500 $76,500 $56,500 249 Cash 8 $535,900 $66,988 $58,450 111   Analysis By Area Corolla Oceanside 3 $196,000 $65,333 $66,000 21 Corolla Westside 8 $569,400 $71,175 $55,750 197 Totals 11 $765,400 $69,582 $56,900 149   Non Co-op Sales 6 $2,098,500 $349,750 $357,500 236 Co-op Sales 19 $4,175,800 $219,779 $122,000 77 Total Sales 25 $6,274,300 $250,972 $315...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Buck Island Real Estate Sold Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $1,275,000 $637,500 $637,500 278 Jumbo Loan 1 $1,590,000 $1,590,000 $1,590,000 4   Analysis By Area Corolla Oceanside 3 $2,865,000 $955,000 $650,000 187 Totals 3 $2,865,000 $955,000 $650,000 187   Non Co-op Sales 0       0 Co-op Sales 3 $2,865,000 $955,000 $650,000 187 Total Sales 3 $2,865,000 $955,000 $650,000 187   Sold Market Buck Island Real Estate Sold Jan 1, 2018 Through Jan 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,875,000 $625,000 $650,000 172 Cash 1 $505,000 $505,000 $505,000 168 Jumbo Loan 1 $1,295,000 $1,295,000 $1,295,000 134   Analysis...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla Real Estate Sales Jan 1, 2019 Through Jan 1, 2020   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $246,025 $246,025 $246,025 225 Conventional 174 $96,826,271 $556,473 $485,000 162 FHA 3 $1,090,000 $363,333 $348,000 16 VA 1 $287,000 $287,000 $287,000 257 Cash 42 $24,445,900 $582,045 $391,500 122 Jumbo Loan 22 $27,353,375 $1,243,335 $1,185,000 109   Analysis By Area Corolla Oceanside 178 $118,851,026 $667,702 $511,000 164 Corolla Westside 65 $31,397,545 $483,039 $435,000 110 Totals 243 $150,248,571 $618,307 $490,000 149 LOTS/LAND Other 1 $90,000 $90,000 $90,000 530 Conventional 7 $948,400 $135,486 $122,000 200 Cash 34 $3,481,700 $102,403 $68,000 270 Owner Finance 1 $140,000 $140,000 $140,000 354 Jumbo Loan 1 $799,000 $799,0...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Ocean Sands Real Estate Sold Oct 1, 2018 to Oct 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $475,000 $475,000 $475,000 28 Conventional 53 $24,036,699 $453,523 $375,000 178 Cash 7 $2,598,000 $371,143 $350,000 198 Jumbo Loan 2 $1,893,000 $946,500 $946,500 149   Analysis By Area Corolla Oceanside 63 $29,002,699 $460,360 $369,999 177 Totals 63 $29,002,699 $460,360 $369,999 177 LOTS/LAND Conventional 2 $457,000 $228,500 $228,500 122 Cash 3 $312,500 $104,167 $87,500 120 Jumbo Loan 1 $799,000 $799,000 $799,000 277   Analysis By Area Corolla Oceanside 6 $1,568,500 $261,417 $177,500 147 Totals 6 $1,568,500 $261,417 $177,500 147   Non Co-op Sales 11 $4,616,999 $419,727 $358,000 222 Co-op Sales 58 $25,954,200 $447,486 $363,750 1...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla Water Front Homes Sold Jan 1 - Oct 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $14,276,905 $1,297,900 $1,277,500 188 Cash 4 $7,725,000 $1,931,250 $1,800,000 82 Jumbo Loan 7 $11,694,625 $1,670,661 $1,590,000 77   Analysis By Area Corolla Oceanside 20 $32,170,530 $1,608,527 $1,417,312 137 Corolla Westside 2 $1,526,000 $763,000 $763,000 99 Totals 22 $33,696,530 $1,531,660 $1,389,812 134   Non Co-op Sales 6 $11,859,500 $1,976,583 $1,913,500 101 Co-op Sales 16 $21,837,030 $1,364,814 $1,325,000 146 Total Sales 22 $33,696,530 $1,531,660 $1,389,812 134   Sold Market Corolla Waterfront Homes Sold Jan 1 - Oct 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 2 $3,...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla Real Estate Sold Jul 1 - Oct 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 29 $15,762,927 $543,549 $485,000 187 Cash 9 $6,016,950 $668,550 $384,000 135 Jumbo Loan 3 $3,405,000 $1,135,000 $1,275,000 50   Analysis By Area Corolla Oceanside 33 $21,589,477 $654,227 $414,000 181 Corolla Westside 8 $3,595,400 $449,425 $497,200 103 Totals 41 $25,184,877 $614,265 $431,950 166 LOTS/LAND Conventional 4 $615,900 $153,975 $151,000 140 Cash 9 $676,500 $75,167 $60,000 535   Analysis By Area Corolla Oceanside 4 $649,500 $162,375 $151,250 182 Corolla Westside 9 $642,900 $71,433 $60,000 516 Totals 13 $1,292,400 $99,415 $70,000 413   Non Co-op Sales 15 $9,831,500 $655,433 $390,000 427 Co-op Sales 39 $16,645,777 $426,815 $359...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
  Sold Market Corolla Condos Sales Update Jan 1 - July 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 2 $385,000 $192,500 $192,500 18 Cash 5 $1,405,500 $281,100 $283,000 83   Analysis By Area Corolla Oceanside 3 $1,003,000 $334,333 $290,000 134 Corolla Westside 4 $787,500 $196,875 $192,500 12 Totals 7 $1,790,500 $255,786 $279,000 64   Non Co-op Sales 1 $260,000 $260,000 $260,000 29 Co-op Sales 6 $1,530,500 $255,083 $281,000 70 Total Sales 7 $1,790,500 $255,786 $279,000 64   Sold Market Corolla Condo Sales Update Jan 1 - July 1, 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 9 $2,072,000 $230,222 $225,000 236 Cash 4 $778,000 $194,500 $204,500 167   Analysis By Area Corolla O...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
  Sold Market Corolla SIngle Family Homes Sold Jan 1 - July 1, 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 87 $49,406,799 $567,894 $490,000 147 FHA 1 $435,000 $435,000 $435,000 0 Cash 19 $11,913,950 $627,050 $423,750 143 Jumbo Loan 15 $18,845,125 $1,256,342 $1,175,000 113   Analysis By Area Corolla Oceanside 94 $67,818,229 $721,471 $546,700 153 Corolla Westside 28 $12,782,645 $456,523 $426,000 99 Totals 122 $80,600,874 $660,663 $513,000 141   Non Co-op Sales 23 $14,924,349 $648,885 $410,000 167 Co-op Sales 99 $65,676,525 $663,399 $515,000 135 Total Sales 122 $80,600,874 $660,663 $513,000 141   Sold Market Corolla Single Family Homes Sold Jan 1 - July 1, 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 There were 61 properties sold during the First Quarter of 2019 of which 56 were residences and 5 were building lots. The average days on the market was 125 which is pretty quick in this second home market. Sold Market Corolla 1st Quarter Real Estate Sales 2019   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 37 $20,754,249 $560,926 $490,000 114 FHA 1 $435,000 $435,000 $435,000 0 Cash 13 $5,390,750 $414,673 $358,000 123 Jumbo Loan 5 $6,067,625 $1,213,525 $1,175,000 116   Analysis By Area Corolla Oceanside 42 $27,356,874 $651,354 $505,000 138 Corolla Westside 14 $5,290,750 $377,911 $354,500 42 Totals 56 $32,647,624 $582,993 $471,250 114 LOTS/LAND Cash 4 $659,500 $164,875 $149,750 245 Jumbo Loan 1 $799,000 $799,000 $799,000 277   Analysis B...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of The Hammocks in Corolla, NC. Sold Market The Hammocks Homes Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $1,864,500 $372,900 $389,500 103   Analysis By Area Corolla Westside 5 $1,864,500 $372,900 $389,500 103 Totals 5 $1,864,500 $372,900 $389,500 103   Non Co-op Sales 1 $389,500 $389,500 $389,500 205 Co-op Sales 4 $1,475,000 $368,750 $395,000 78 Total Sales 5 $1,864,500 $372,900 $389,500 103   Sold Market The Hammocks Homes Sold 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $1,817,000 $363,400 $380,000 281 Cash 1 $406,000 $406,000 $406,000 640   Analysis By Area Corolla Westside 6 $2,2...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the Community of Magnolia Bay in Corolla, NC. Sold Market Magnolia Bay Homes Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $1,044,350 $348,117 $320,000 182 Cash 1 $450,000 $450,000 $450,000 0   Analysis By Area Corolla Westside 4 $1,494,350 $373,588 $364,500 137 Totals 4 $1,494,350 $373,588 $364,500 137   Non Co-op Sales 1 $450,000 $450,000 $450,000 0 Co-op Sales 3 $1,044,350 $348,117 $320,000 182 Total Sales 4 $1,494,350 $373,588 $364,500 137   Sold Market Magnolia Bay Homes Sold 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $1,800,500 $300,083 $295,000 284 Cash 2 $764,000 $382,000 $382,000 599   Analy...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end condo sales update for the Community of Mirage in Corolla, NC. Sold Market Mirage Condos Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $1,363,000 $272,600 $275,000 43 Cash 2 $500,000 $250,000 $250,000 57   Analysis By Area Corolla Oceanside 7 $1,863,000 $266,143 $250,000 47 Totals 7 $1,863,000 $266,143 $250,000 47   Non Co-op Sales 1 $250,000 $250,000 $250,000 59 Co-op Sales 6 $1,613,000 $268,833 $262,500 45 Total Sales 7 $1,863,000 $266,143 $250,000 47   Sold Market Mirage Condos Sold 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 1 $235,000 $235,000 $235,000 8   Analysis By Area Corolla Oceanside 1 $235,000 $235,000 $235,000 8 Totals 1 $23...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for the community of Whalehead Club in Corolla, NC. Sold Market Whalehead Club Real Estate Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $2,400,000 $2,400,000 $2,400,000 0 Conventional 24 $16,576,900 $690,704 $512,500 106 Cash 3 $2,750,000 $916,667 $1,005,000 359 Jumbo Loan 3 $4,825,000 $1,608,333 $800,000 123   Analysis By Area Corolla Oceanside 31 $26,551,900 $856,513 $550,000 129 Totals 31 $26,551,900 $856,513 $550,000 129 LOTS/LAND Conventional 4 $3,515,000 $878,750 $1,075,000 155 Cash 1 $122,000 $122,000 $122,000 210   Analysis By Area Corolla Oceanside 5 $3,637,000 $727,400 $1,050,000 166 Totals 5 $3,637,000 $727,400 $1,050,000 166   Non Co-op Sales 3 $3,742,000 $1,247,333...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for the community of The Villages At Ocean Hill in Corolla, NC. Sold Market Villages At Ocean Hill Real Estate Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 16 $7,880,729 $492,546 $479,164 189 Cash 2 $995,000 $497,500 $497,500 268 Jumbo Loan 1 $1,215,000 $1,215,000 $1,215,000 124   Analysis By Area Corolla Oceanside 10 $6,020,000 $602,000 $556,500 177 Corolla Westside 9 $4,070,729 $452,303 $449,900 214 Totals 19 $10,090,729 $531,091 $483,329 194 LOTS/LAND Cash 1 $134,500 $134,500 $134,500 408   Analysis By Area Corolla Oceanside 1 $134,500 $134,500 $134,500 408 Totals 1 $134,500 $134,500 $134,500 408   Non Co-op Sales 5 $2,629,900 $525,980 $555,000 138 Co-op Sales 15 $7,595...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for the community of The Currituck Club in Corolla, NC. Sold Market The Currituck Club Real Estate Sold 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 21 $8,859,550 $421,883 $389,500 216 Cash 2 $999,000 $499,500 $499,500 8 Owner Finance 1 $485,000 $485,000 $485,000 259 Jumbo Loan 2 $1,739,800 $869,900 $869,900 181   Analysis By Area Corolla Westside 26 $12,083,350 $464,744 $422,500 199 Totals 26 $12,083,350 $464,744 $422,500 199 LOTS/LAND Conventional 1 $49,000 $49,000 $49,000 44 Cash 9 $635,000 $70,556 $52,500 304   Analysis By Area Corolla Westside 10 $684,000 $68,400 $50,750 278 Totals 10 $684,000 $68,400 $50,750 278   Non Co-op Sales 4 $2,374,500 $593,625 $467,500 193 Co-op S...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end condo sales update for the community of Windswept Ridge in Corolla, NC.     Sold Market Windswept Ridge Condos Sold 2018          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     6     $1,391,000     $231,833     $230,000     390          Analysis By Area                   Corolla Westside     6     $1,391,000     $231,833     $230,000     390                   Totals     6     $1,391,000     $231,833     $230,000     390                        Non Co-op Sales     0                    0                   Co-op Sales     6     $1,391,000     $231,833     $230,000     390                   Total Sales     6     $1,391,000     $231,833     $230,000     390       Sold Market ...
Comments 0
By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Pine Island in Corolla, NC. Sold Market Pine Island Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $1,500,000 $1,500,000 $1,500,000 42 Conventional 4 $6,493,000 $1,623,250 $1,612,500 218 Cash 4 $5,487,844 $1,371,961 $1,333,750 295 Jumbo Loan 11 $20,059,999 $1,823,636 $1,535,000 278   Analysis By Area Corolla Oceanside 20 $33,540,843 $1,677,042 $1,517,500 258 Totals 20 $33,540,843 $1,677,042 $1,517,500 258   Non Co-op Sales 3 $4,545,344 $1,515,115 $1,500,000 51 Co-op Sales 17 $28,995,499 $1,705,618 $1,535,000 294 Total Sales 20 $33,540,843 $1,677,042 $1,517,500 258   Sold Market Pine Island Single Family Home Sales 2017   No. of List...
Comments 0