Corolla, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Ocean Sands in Corolla, NC. Sold Market Ocean Sands Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $475,000 $475,000 $475,000 28 Conventional 49 $24,924,577 $508,665 $460,000 185 Cash 10 $4,963,000 $496,300 $447,500 77 Jumbo Loan 2 $3,990,000 $1,995,000 $1,995,000 259   Analysis By Area Corolla Oceanside 62 $34,352,577 $554,074 $465,200 167 Totals 62 $34,352,577 $554,074 $465,200 167   Non Co-op Sales 8 $6,078,777 $759,847 $592,500 185 Co-op Sales 54 $28,273,800 $523,589 $462,250 165 Total Sales 62 $34,352,577 $554,074 $465,200 167   Sold Market Ocean Sands Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Ocean Hill in Corolla, NC. Sold Market Ocean Hill Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $3,901,500 $650,250 $619,500 115   Analysis By Area Corolla Oceanside 6 $3,901,500 $650,250 $619,500 115 Totals 6 $3,901,500 $650,250 $619,500 115   Non Co-op Sales 1 $895,000 $895,000 $895,000 0 Co-op Sales 5 $3,006,500 $601,300 $530,000 138 Total Sales 6 $3,901,500 $650,250 $619,500 115   Sold Market Ocean Hill Single Family Home Sales 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 3 $2,745,000 $915,000 $820,000 270 Cash 1 $1,350,000 $1,350,000 $1,350,000 55   Analysis By A...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end real estate sales update for Corolla, NC. Sold Market Corolla Real Estate Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 3 $4,375,000 $1,458,333 $1,500,000 23 Conventional 175 $94,188,943 $538,223 $475,000 159 Cash 30 $18,488,844 $616,295 $480,000 169 Owner Finance 1 $485,000 $485,000 $485,000 259 Jumbo Loan 20 $33,124,799 $1,656,240 $1,357,500 228   Analysis By Area Corolla Oceanside 172 $124,627,820 $724,580 $525,000 164 Corolla Westside 57 $26,034,766 $456,750 $440,000 169 Totals 229 $150,662,586 $657,915 $495,500 165 LOTS/LAND Conventional 15 $5,272,500 $351,500 $209,000 130 Cash 24 $5,021,750 $209,240 $70,000 196   Analysis By Area Corolla Oceanside 18 $8,465,500 $470,306 $220,500 141 Corolla Westsid...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Monteray Shores in Corolla, NC. Prices to a hit in 2018 with both the Median Price and the Average Price of a home in Monteray Shores falling form last year. If you are considering selling your home in Monteray Shores, give us a call to discover what we can do for you. Sold Market Monteray Shores Single Family Home Sale 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $4,610,687 $419,153 $399,900 134   Analysis By Area Corolla Oceanside 1 $373,000 $373,000 $373,000 178 Corolla Westside 10 $4,237,687 $423,769 $405,950 129 Totals 11 $4,610,687 $419,153 $399,900 134   Non Co-op Sales 0       0 Co-op Sales 11 $4,610,687 $419,153 $399,900 134 Total Sales 1...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end single family home sales update for the community of Crown Point in Corolla, NC. Home prices in Crown Point continue to rise with sales remaining steady. If you are considering selling your home in Crown Point, give us a call to see what we can do for you. Sold Market Crown Point Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 6 $3,188,500 $531,417 $510,000 198   Analysis By Area Corolla Oceanside 6 $3,188,500 $531,417 $510,000 198 Totals 6 $3,188,500 $531,417 $510,000 198   Non Co-op Sales 0       0 Co-op Sales 6 $3,188,500 $531,417 $510,000 198 Total Sales 6 $3,188,500 $531,417 $510,000 198   Sold Market Crown Point Single Family Home Sales 2017   No. of Listings Dollar Volume A...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end sales update for the community of Corolla Light in Corolla, NC. Home prices continue to rise in Corolla so this is a good time for owners. If you are thinking about selling you home in Corolla Light, give us a call to find out what we can do for you. Sold Market Corolla Light Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 11 $6,794,000 $617,636 $590,000 193   Analysis By Area Corolla Oceanside 5 $3,321,000 $664,200 $590,000 219 Corolla Westside 6 $3,473,000 $578,833 $600,250 171 Totals 11 $6,794,000 $617,636 $590,000 193   Non Co-op Sales 3 $1,578,000 $526,000 $435,000 92 Co-op Sales 8 $5,216,000 $652,000 $615,250 231 Total Sales 11 $6,794,000 $617,636 $590,000 193   Sold Market ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end sales update for Corolla Bay in Corolla, NC. Prices of homes in Corolla Bay are experiencing a nice rise in price as seen in the chart below. If you are thinking about selling you home in Corolla Bay, give us a call to find out what we can do for you. Sold Market Corolla Bay Single Family Home Sales 2018   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Conventional 5 $2,523,000 $504,600 $430,000 54 Cash 1 $920,000 $920,000 $920,000 104   Analysis By Area Corolla Oceanside 4 $1,744,000 $436,000 $427,500 47 Corolla Westside 2 $1,699,000 $849,500 $849,500 94 Totals 6 $3,443,000 $573,833 $454,500 63   Non Co-op Sales 2 $909,000 $454,500 $454,500 11 Co-op Sales 4 $2,534,000 $633,500 $602,000 89 Total Sales 6 $3,443,000 $573,833 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 This is your 2018 year end home sales update for Buck Island in Corolla, NC. The price of homes in Buck Island made a big jump this past year and the number of days needed to sell a house has been cut by 2 thirds. If you are thinking about selling you Buck Island Home, give us a call to see what we can do for you. Sold Market Buck Island Single Family Home Sales 2018   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 By Area Corolla Oceanside 5 $3,675,000 $735,000 $650,000 164 Totals 5 $3,675,000 $735,000 $650,000 164   Non Co-op Sales 0       0 Co-op Sales 5 $3,675,000 $735,000 $650,000 164 Total Sales 5 $3...
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By Greg Cremia
(Shore Realty of the Outer Banks)
MLS #: 102020 665 Wild Cherry Court Corolla, NC 27927 Asking Price: $99,900 Status: Active Status Date: 9/20/2018  Listing Information  Headline Soundside Serenity in TCC! Area Corolla Westside Asking Price $99,900 Price Date 9/20/2018 Original Asking Price $99,900 Total Tax Assessed Value $70,000 Days On Market 2 Cumulative Days On Market 2 Listing Date 9/20/2018 Listing Type Exclusive Right Sell Input Date Date 9/20/2018 Update Date 9/20/2018 5:32:41 PM Sale Or Rent For Sale Ownership O    Type Residential Class LOTS/LAND  Lot Details & Legal Description  Address 665 Wild Cherry Court Unit/Lot # Lot 235 Subdivision TCC-Currituck Club Full Subdivision Name The Currituck Club County Currituck City Corolla State NC Zip 27927 Deed Page 318 Deed Book 729 Doc Timestamp 9/20/2018 5:54:00 PM...
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By Greg Cremia
(Shore Realty of the Outer Banks)
MLS #: 102385 676 Oyster Catcher Court Corolla, NC 27927 Asking Price: $153,000 Status: Active Status Date: 10/19/2018 Listing Information Headline HIGH & DRY, OCEAN VIEWS! Area Corolla Westside Asking Price $153,000 Price Date 10/19/2018 Original Asking Price $153,000 Total Tax Assessed Value $150,000 Days On Market 1 Cumulative Days On Market 1 Listing Date 10/19/2018 Listing Type Exclusive Right Sell Input Date Date 10/19/2018 Update Date 10/19/2018 1:19:04 PM Sale Or Rent For Sale Ownership O  Building Details  Type Residential Class LOTS/LAND  Lot Details & Legal Description  Address 676 Oyster Catcher Court Unit/Lot # Lot 219 Subdivision TCC-Currituck Club Full Subdivision Name The Currituck Club   County Currituck City Corolla   State NC Zip 27927 Deed Page 546 Deed Book 605 Doc...
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By Greg Cremia
(Shore Realty of the Outer Banks)
MLS #: 102484 1250 Homeport Court Corolla, NC 27927 Asking Price: $699,000 Status: Active Status Date: 10/27/2018 Listing Information  Headline X-Zone, Gorgeous, Salt Pool! Area Corolla Oceanside Beds 6 Full Baths 5 Partial Baths 2 Asking Price $699,000 Price Date 10/27/2018 Original Asking Price $699,000 Total Tax Assessed Value $556,400 Land Tax Assessd Value $140,000 Price Per Square Foot $209 Days On Market 4 Cumulative Days On Market 4 Listing Date 10/27/2018 Listing Type Exclusive Right Sell Input Date Date 10/27/2018 Update Date 10/30/2018 7:25:56 PM Sale Or Rent For Sale Ownership O Primary Residence Y/N N  Building Details  Type Single Family - Detached Class RESIDENTIAL Style Reverse Floor Plan Year Built 2007 Heated Living Area 3352 Air Conditoning Central,Heat Pump Heating ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The First Annual Mustang Rock & Roast will be the ultimate music and food experience, infusing North Carolina barbecue, oysters and 14 bands playing live music October 13-14 at Mike Dianna’s Grill Room in Corolla. Bands from all over the East Coast will bring indie, folk, jam, reggae, rock n’ roll, funk, jazz, blues, southern rock, punk and pop music to two stages presented by Currituck Travel and Tourism. “We are excited to be supporting such a great music event,” said Director of Currituck Travel and Tourism Tameron Kugler. “Corolla and the rest of Currituck County offer amazing natural venues for live music and we want everyone to discover and enjoy the sights and sounds of our area.  Mustang Rock & Roast should take things to the next level with a barbecue cook off and oyster roast....
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By Greg Cremia
(Shore Realty of the Outer Banks)
Sold Market Corolla Homes 2017   No. of Listings Dollar Volume Average Price Median Price Average DOM   RESIDENTIAL Other 1 $1,260,000 $1,260,000 $1,260,000 51 Conventional 186 $107,908,860 $580,155 $484,500 224 FHA 1 $332,500 $332,500 $332,500 379 VA 1 $425,000 $425,000 $425,000 137 Cash 27 $16,400,964 $607,443 $485,000 196 Jumbo Loan 12 $13,474,400 $1,122,867 $793,500 174   Analysis By Area Corolla Oceanside 168 $112,695,725 $670,808 $520,450 205 Corolla Westside 60 $27,105,999 $451,767 $410,000 253 Totals 228 $139,801,724 $613,165 $496,500 218   Non Co-op Sales 30 $20,306,200 $676,873 $448,250 181 Co-op Sales 198 $119,495,524 $603,513 $498,500 223 Total Sales 228 $139,801,724 $613,165 $496,500 218   Sold Market Corolla Condos 2017   No. of Listings Dollar Volume Average Price Median...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Whalehead Club 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     29     $21,285,300     $733,976     $579,000     223                   Cash     5     $4,975,000     $995,000     $1,000,000     155                   Jumbo Loan     7     $5,206,900     $743,843     $765,000     57          Analysis By Area                   Corolla Oceanside     41     $31,467,200     $767,493     $620,000     186                   Totals     41     $31,467,200     $767,493     $620,000     186     LOTS/LAND                   Cash     4     $2,708,000     $677,000     $737,500     95          Analysis By Area                   Corolla Oceanside     4     $2,708,000     $677,000     $737,...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Villages At Ocean Hill 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     13     $6,286,250     $483,558     $430,000     262          Analysis By Area                   Corolla Oceanside     10     $5,228,750     $522,875     $512,375     266                   Corolla Westside     3     $1,057,500     $352,500     $317,500     247                   Totals     13     $6,286,250     $483,558     $430,000     262                        Non Co-op Sales     1     $317,500     $317,500     $317,500     125                   Co-op Sales     12     $5,968,750     $497,396     $467,500     273                   Total Sales     13     $6,286,250     $483,558     $430,000     262 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Windswept Ridge Condos 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $398,000     $199,000     $199,000     383          Analysis By Area                   Corolla Westside     2     $398,000     $199,000     $199,000     383                   Totals     2     $398,000     $199,000     $199,000     383                        Non Co-op Sales     0                    0                   Co-op Sales     2     $398,000     $199,000     $199,000     383                   Total Sales     2     $398,000     $199,000     $199,000     383       Sold Market Windswept Ridge Condos 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Aver...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market The Hammocks 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     $2,223,000     $370,500     $381,750     341                   Totals     6     $2,223,000     $370,500     $381,750     341                        Non Co-op Sales     1     $431,500     $431,500     $431,500     6                   Co-op Sales     5     $1,791,500     $358,300     $380,000     408                   Total Sales     6     $2,223,000     $370,500     $381,750     341       Sold Market The Hammocks 2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Magnolia Bay 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          Analysis By Area                   Corolla Westside     8     $2,564,500     $320,563     $317,500     362                   Totals     8     $2,564,500     $320,563     $317,500     362                        Non Co-op Sales     2     $555,000     $277,500     $277,500     348                   Co-op Sales     6     $2,009,500     $334,917     $335,000     367                   Total Sales     8     $2,564,500     $320,563     $317,500     362       Sold Market Magnolia Bay...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market The Currituck Club 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     14     $8,523,500     $608,821     $600,000     245                   Cash     2     $1,147,500     $573,750     $573,750     274          Analysis By Area                   Corolla Westside     16     $9,671,000     $604,438     $600,000     249                   Totals     16     $9,671,000     $604,438     $600,000     249     LOTS/LAND                   Conventional     2     $273,000     $136,500     $136,500     40                   Cash     7     $446,000     $63,714     $49,000     407          Analysis By Area                   Corolla Westside     9     $719,000     $79,889     $73,000     32...
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By Greg Cremia
(Shore Realty of the Outer Banks)
 Sales were lagging in Sealoft Village until last year when 3 units were sold. It looks like the market is picking up for Sealoft Village owners.      Sold Market Sealoft Village Condos 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $479,000     $239,500     $239,500     104                   Cash     1     $250,000     $250,000     $250,000     0          Analysis By Area                   Corolla Oceanside     3     $729,000     $243,000     $249,000     69                   Totals     3     $729,000     $243,000     $249,000     69                        Non Co-op Sales     0                    0                   Co-op Sales     3     $729,000     $243,000     $249,000     ...
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