Corolla, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Pine Island Sold Stats 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $14,897,400     $1,354,309     $925,000     248                   Cash     2     $2,097,000     $1,048,500     $1,048,500     350          Analysis By Area                   Corolla Oceanside     13     $16,994,400     $1,307,262     $925,000     264                   Totals     13     $16,994,400     $1,307,262     $925,000     264     LOTS/LAND                   Cash     1     $1,500,000     $1,500,000     $1,500,000     2          Analysis By Area                   Corolla Oceanside     1     $1,500,000     $1,500,000     $1,500,000     2                   Totals     1     $1,500,000     ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Indian Summer Condos 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $402,500     $201,250     $201,250     66          Analysis By Area                   Corolla Oceanside     2     $402,500     $201,250     $201,250     66                   Totals     2     $402,500     $201,250     $201,250     66                        Non Co-op Sales     1     $210,000     $210,000     $210,000     54                   Co-op Sales     1     $192,500     $192,500     $192,500     77                   Total Sales     2     $402,500     $201,250     $201,250     66       Sold Market Indian Summer Condos 2017          No. of Listings     Dollar Volume     Average Price     Medi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Ocean Sands 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     51     $23,776,475     $466,205     $395,000     176                   FHA     1     $332,500     $332,500     $332,500     379                   VA     1     $425,000     $425,000     $425,000     137                   Cash     8     $2,565,400     $320,675     $287,700     111                   Jumbo Loan     2     $3,342,500     $1,671,250     $1,671,250     753          Analysis By Area                   Corolla Oceanside     63     $31,461,875     $499,395     $395,000     189                   Corolla Westside     1     $2...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Ocean Hill 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 Area                   Corolla Oceanside     4     $4,095,000     $1,023,750     $1,085,000     216                   Totals     4     $4,095,000     $1,023,750     $1,085,000     216                        Non Co-op Sales     0                    0                   Co-op Sales     4     $4,095,000     $1,023,750     $1,085,000     216                   Total Sales     4     $4,095,000     $1,023,750     $1,085,000     216       Sold Market Ocean Hill 2016   ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Monteray Shores 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     16     $7,251,975     $453,248     $420,000     216          Analysis By Area                   Corolla Westside     16     $7,251,975     $453,248     $420,000     216                   Totals     16     $7,251,975     $453,248     $420,000     216     LOTS/LAND                   Conventional     6     $589,900     $98,317     $67,500     248                   Cash     21     $1,110,500     $52,881     $53,000     224                   Owner Finance     1     $55,444     $55,444     $55,444     8          Analysis By Area                   Corolla Oceanside     3     $160,000     $53,333     $53,000     ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Crown Point 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $4,285,000     $476,111     $477,500     238                   Cash     1     $569,000     $569,000     $569,000     121          Analysis By Area                   Corolla Oceanside     10     $4,854,000     $485,400     $493,250     226                   Totals     10     $4,854,000     $485,400     $493,250     226                        Non Co-op Sales     1     $509,000     $509,000     $509,000     555                   Co-op Sales     9     $4,345,000     $482,778     $477,500     190                   Total Sales     10     $4,854,000     $485,400     $493,250     226       Sold Market Crown Poi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Corolla Light 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     25     $12,207,460     $488,298     $410,000     200                   VA     1     $329,900     $329,900     $329,900     16                   Cash     4     $1,319,000     $329,750     $348,250     148                   Jumbo Loan     1     $650,000     $650,000     $650,000     6          Analysis By Area                   Corolla Oceanside     23     $11,513,900     $500,604     $415,000     178                   Corolla Westside     8     $2,992,460     $374,058     $377,500     189                   Totals     31     $14,506,360     $467,947     $407,500     181     LOTS/LAND                   Convent...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Corolla Bay 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,300,000     $433,333     $420,000     182          Analysis By Area                   Corolla Oceanside     3     $1,300,000     $433,333     $420,000     182                   Totals     3     $1,300,000     $433,333     $420,000     182                        Non Co-op Sales     0                    0                   Co-op Sales     3     $1,300,000     $433,333     $420,000     182                   Total Sales     3     $1,300,000     $433,333     $420,000     182       Sold Market Corolla Bay 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM    ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Buck Island 2017          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $1,725,000     $575,000     $595,000     530                   Cash     1     $635,000     $635,000     $635,000     54          Analysis By Area                   Corolla Oceanside     4     $2,360,000     $590,000     $615,000     411                   Totals     4     $2,360,000     $590,000     $615,000     411     LOTS/LAND                   Conventional     1     $85,000     $85,000     $85,000     613          Analysis By Area                   Corolla Oceanside     1     $85,000     $85,000     $85,000     613                   Totals     1     $85,000     $85,000     $85,000     613            ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
Homes sales in Corolla are moving at a brisk pace with an increase in the number of homes sold over last year. The median price is also on an upward swing with increases all across the board. Another positive note is the decrease in the days it takes to sell a home in Corolla.If you are thinking about selling your home in Corolla, give me a call or click one of the links below to see what we can do for you.      Corolla Ocean Side Homes Sold First Half 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     78     $50,451,775     $646,818     $502,000     242                   FHA     1     $332,500     $332,500...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Corolla 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Other     1     $498,750     $498,750     $498,750     66                   Conventional     109     $60,166,764     $551,989     $405,000     122                   FHA     1     $380,000     $380,000     $380,000     82                   Cash     16     $8,219,000     $513,688     $402,250     110                   Jumbo Loan     5     $4,252,400     $850,480     $802,400     72          Analysis By Area                   Corolla Oceanside     98     $59,043,264     $602,482     $445,982     116                   Corolla Westside     34     $14,473,650     $425,696     $350,000     124                   Totals     132     $73,51...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Corolla Bay 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     10     $4,528,600     $452,860     $408,950     135          Analysis By Area                   Corolla Oceanside     9     $3,628,600     $403,178     $399,900     141                   Corolla Westside     1     $900,000     $900,000     $900,000     76                   Totals     10     $4,528,600     $452,860     $408,950     135                        Non Co-op Sales     1     $418,000     $418,000     $418,000     112                   Co-op Sales     9     $4,110,600     $456,733     $399,900     137                   Total Sales     10     $4,528,600     $452,860     $408,950     135       Sold Marke...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Corolla Light 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     11     $3,667,650     $333,423     $335,000     133                   Cash     1     $591,000     $591,000     $591,000     66          Analysis By Area                   Corolla Oceanside     9     $3,211,650     $356,850     $335,000     103                   Corolla Westside     3     $1,047,000     $349,000     $337,000     200                   Totals     12     $4,258,650     $354,888     $336,000     127                        Non Co-op Sales     5     $2,055,650     $411,130     $390,000     136                   Co-op Sales     7     $2,203,000     $314,714     $320,000     121                   To...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Crown Point 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $1,357,000     $678,500     $678,500     210                   Cash     2     $865,000     $432,500     $432,500     121          Analysis By Area                   Corolla Oceanside     4     $2,222,000     $555,500     $567,500     166                   Totals     4     $2,222,000     $555,500     $567,500     166                        Non Co-op Sales     0                    0                   Co-op Sales     4     $2,222,000     $555,500     $567,500     166                   Total Sales     4     $2,222,000     $555,500     $567,500     166       Sold Market Crown Point 2015          No. of Listi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Monteray Shores 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     9     $3,247,500     $360,833     $365,000     98          Analysis By Area                   Corolla Oceanside     1     $405,000     $405,000     $405,000     52                   Corolla Westside     8     $2,842,500     $355,313     $360,000     104                   Totals     9     $3,247,500     $360,833     $365,000     98     LOTS/LAND                   Cash     2     $94,000     $47,000     $47,000     64          Analysis By Area                   Corolla Westside     2     $94,000     $47,000     $47,000     64                   Totals     2     $94,000     $47,000     $47,000     64          ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Ocean Sands 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     28     $12,135,900     $433,425     $371,000     109                   Cash     6     $3,261,000     $543,500     $395,500     101          Analysis By Area                   Corolla Oceanside     33     $15,071,900     $456,724     $381,000     108                   Corolla Westside     1     $325,000     $325,000     $325,000     94                   Totals     34     $15,396,900     $452,850     $380,500     108     LOTS/LAND                   Cash     1     $167,000     $167,000     $167,000     166          Analysis By Area                   Corolla Oceanside     1     $167,000     $167,000     $167,000 ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Pine Island 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     7     $10,885,000     $1,555,000     $1,790,000     159                   Jumbo Loan     1     $705,000     $705,000     $705,000     66          Analysis By Area                   Corolla Oceanside     8     $11,590,000     $1,448,750     $1,490,000     147                   Totals     8     $11,590,000     $1,448,750     $1,490,000     147     LOTS/LAND                   Other     1     $1,500,000     $1,500,000     $1,500,000     87          Analysis By Area                   Corolla Oceanside     1     $1,500,000     $1,500,000     $1,500,000     87                   Totals     1     $1,500,000     $1,500...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market The Currituck Club 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     3     $2,644,000     $881,333     $950,000     108                   Cash     1     $700,000     $700,000     $700,000     111          Analysis By Area                   Corolla Westside     4     $3,344,000     $836,000     $825,000     109                   Totals     4     $3,344,000     $836,000     $825,000     109     LOTS/LAND                   Cash     2     $132,500     $66,250     $66,250     182          Analysis By Area                   Corolla Westside     2     $132,500     $66,250     $66,250     182                   Totals     2     $132,500     $66,250     $66,250     182           ...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market Magnolia Bay 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     7     $2,379,650     $339,950     $335,000     119          Analysis By Area                   Corolla Westside     7     $2,379,650     $339,950     $335,000     119                   Totals     7     $2,379,650     $339,950     $335,000     119                        Non Co-op Sales     3     $1,190,250     $396,750     $335,000     84                   Co-op Sales     4     $1,189,400     $297,350     $323,950     145                   Total Sales     7     $2,379,650     $339,950     $335,000     119       Sold Market Magnolia Bay 2015          No. of Listings     Dollar Volume     Average Price     Medi...
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By Greg Cremia
(Shore Realty of the Outer Banks)
    Sold Market The Hammocks 2016          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     5     $1,734,000     $346,800     $337,000     184                   FHA     1     $380,000     $380,000     $380,000     82          Analysis By Area                   Corolla Westside     6     $2,114,000     $352,333     $341,000     167                   Totals     6     $2,114,000     $352,333     $341,000     167                        Non Co-op Sales     0                    0                   Co-op Sales     6     $2,114,000     $352,333     $341,000     167                   Total Sales     6     $2,114,000     $352,333     $341,000     167       Sold Market The Hammocks 2015          No. of Listin...
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