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Tuesday, 20 August 2019
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This Old House - Do-it-Yourself

Southern Shores NC Real Estate Sales Update Summer 2019

Written by Posted On Thursday, 08 August 2019 08:39
Sold Market Southern Shores NC Real Estate Sales Jan 1 - July 1, 2019
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Conventional 35 $16,196,784 $462,765 $419,500 129
VA 1 $549,900 $549,900 $549,900 188
Cash 10 $5,981,000 $598,100 $467,500 138
Jumbo Loan 2 $3,966,479 $1,983,240 $1,983,239 23
 
Analysis By Area
Southern Shores Oceanside 9 $9,936,479 $1,104,053 $900,000 44
Southern Shores Westside 39 $16,757,684 $429,684 $430,000 147
Totals 48 $26,694,163 $556,128 $435,000 127
LOTS/LAND
Other 1 $200,000 $200,000 $200,000 301
Conventional 2 $341,900 $170,950 $170,950 132
Cash 2 $382,500 $191,250 $191,250 277
 
Analysis By Area
Southern Shores Oceanside 1 $200,000 $200,000 $200,000 301
Southern Shores Westside 4 $724,400 $181,100 $184,750 204
Totals 5 $924,400 $184,880 $200,000 224
RESIDENTIAL LONG TRM RENT
Rented 1 $2,000 $2,000 $2,000 230
 
Analysis By Area
Southern Shores Westside 1 $2,000 $2,000 $2,000 230
Totals 1 $2,000 $2,000 $2,000 230
 
Non Co-op Sales 11 $6,479,884 $589,080 $487,000 120
Co-op Sales 43 $21,140,679 $491,644 $375,000 143
Total Sales 54 $27,620,563 $511,492 $424,750 138

 

Sold Market Southern Shores NC Real Estate Sales Jan 1 - July 1, 2018
  No. of Listings Dollar Volume Average Price Median Price Average DOM
 
RESIDENTIAL
Other 1 $298,000 $298,000 $298,000 96
Conventional 35 $17,409,500 $497,414 $410,000 123
VA 2 $1,035,000 $517,500 $517,500 198
Cash 5 $2,441,687 $488,337 $307,000 189
Jumbo Loan 2 $2,675,000 $1,337,500 $1,337,500 70
 
Analysis By Area
Southern Shores Oceanside 8 $7,190,000 $898,750 $920,000 183
Southern Shores Westside 37 $16,669,187 $450,519 $395,000 119
Totals 45 $23,859,187 $530,204 $410,000 131
LOTS/LAND
Other 1 $270,000 $270,000 $270,000 602
Conventional 2 $282,900 $141,450 $141,450 51
Cash 10 $1,660,500 $166,050 $135,000 294
 
Analysis By Area
Southern Shores Oceanside 3 $890,000 $296,667 $270,000 423
Southern Shores Westside 10 $1,323,400 $132,340 $132,500 238
Totals 13 $2,213,400 $170,262 $135,000 281
 
Non Co-op Sales 7 $3,077,500 $439,643 $312,500 209
Co-op Sales 51 $22,995,087 $450,884 $380,000 158
Total Sales 58 $26,072,587 $449,527 $375,000 164
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