Unofficial Market Data Report
December 20, 2012 By Ilona
The year is almost over! It’s been a strong year for real estate sales on the Outer Banks. Some areas fared better than others and overall according to the November ending numbers there was only a small 1% to 2% decline in median sales price for our marketplace.
While inventory levels still remain around 12 months for most of the Banks, the number of new listings coming on is slowly shrinking. We also noticed a change in the average days on the market, which indicates sellers are more in tune with the current market value of their homes.
Many properties actually received multiple offers! This is clear proof that buyers are on the lookout for the BEST values and when they show up, they move…and FAST!
Here’s the breakdown of some basic numbers for each specific area.
(Keep in mind this is YTD through November only)
Corolla
Median Sales Price Down 5%
Number of homes sold UP 11%
Duck
Median Sales Price Down 21%
Number of homes sold UP 19%
Southern Shores
Median Sales Price Down 6%
Number of homes sold UP 31%
Kitty Hawk
Median Sales Price UP 9%
Number of homes sold UP 7%
Kill Devil Hills
Median Sales Price UP 3%
Number of homes sold Same with last year
Colington
Median Sales Price UP 8%
Number of homes sold Same as last year
Nags Head
Median Sales Price UP 1%
Number of homes sold Down 11%
Distressed Properties All Over
Median Sales Price Down 16%
# of new Foreclosure filings Down 5%
Best Buys for the Week of December 10th!
December 10, 2012 By Ilona
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Best Buys for the Week of December 3rd!
December 4, 2012 By Ilona
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Best Buys on the Outer Banks for the week of November 26th
November 26, 2012 By Ilona
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Best Buys on the Outer Banks for the week of November 19th
November 19, 2012 By Ilona
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Best Buys for the Week of November 12th
November 12, 2012 By Ilona
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Best Buys for the Week of November 5th
November 5, 2012 By Ilona
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Best Buys on the Outer Banks for the week of October 22nd
October 22, 2012 By Ilona
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Balance – it’s difficult even with both legs!
October 16, 2012 By Ilona
So we’ve been home from the hospital over a week now and it’s been good to be home. It’s also been more difficult than I thought to manage everything I want to do. I’m determined NOT to create excuses, but to create solutions.
The reality is Charlie has cancer. He’s not feeling well most of the time. In fact a good day is now described as being able to get him to the bathroom twice a day without vomiting. It’s an ugly disease. It’s not welcome in my home or in my adorable Charlie. In the midst of fighting this disease and eradicating it from our lives, the show must go on.
This is where the attempt at balance comes in. The bills keep coming and my weight will come back if I’m not careful. Especially with all the mouth watering foods we’re receiving from all the wonderful friends and family we have. This was so clear to me last Thursday. I went for a training session with Matt for the first time in over 2 weeks. It was hell. I barely made it through 2 circuits in 30 minutes when a month ago I could have easily done 3. I felt so defeated.
I realized right then that no matter what is going on in your life, you have to make solutions, not excuses. I have to keep my physical health up, or I’m no good to Charlie. I have to keep my business going, or I’ll create another problem I don’t need. So I’m determined to be in SOLUTION mode.
I’ve run every day since that failed training session. I’m feeling good. I still have some doubts about finishing the half marathon in less than 4 weeks, but I’m just taking it one day at a time. I’m also taking time each day to prospect and follow up with leads in my business. I’m determined to stay on top. I want it, I need it and I’m willing to EARN it.
I’m going to meet my goals for 2012. Both my physical and business goals. I have 15 pounds to lose and 4 more houses to sell. And I will succeed. After all I’m best under pressure. I’ve learned that much in my nearly 37 years. (Birthday is next week)
Without these solutions I can’t balance my number one priority…taking the BEST care of Charlie. He’s my inspiration, my love and the most courageous person I know!
