Real Estate: Year In Review

Resort Realty has been a leader in real estate on the Outer Banks for over 30 years. With the success of sales in 2017, the great reputation of Resort Realty real estate holds true! This past year was a great year in Real Estate sales for Resort Realty. Read on to see just how Resort Realty real estate did over the course of 2017!

Statistics For Resort Realty Real Estate

These statistics reflect just what Resort Realty has accomplished over this past year.

Resort Realty as of December 31st, 2017

Closed transactions year to date total: 265 units; up 30% from 2016

Closed sales volume year to date: $101,147,035; up 8% from 2016

Agents took 229 new listings; up 5% from 2016

Additional Statistics

Resort Realty is one of the leading real estate companies on the Outer Banks. These statistics, however, are based on information from the Outer Banks Association of Realtors MLS Data from January 1st, 2017 to December 31st, 2017. These statistics do not reflect just Resort Realty, but Outer Banks Real Estate as a whole:

Statistics of Single Family Homes

1,713 single family homes on the Outer Banks and Northeastern North Carolina were sold.

Average Days On Market: 148

Median Days On Market: 81

Media List Price: $339,000

Median Sold Price: $325,000

Total Sold: $694,117,817

Low Price: $13,000

High: $3,250,000

 Statistics of Condos & Town Homes

223 condos and town homes sold in 2017

Average Days On Market: 153

Media Days On Market: 88

Median List Price: $274,900

Median Sold Price: $262,500

Total Sold: $60,662,916

Low Price: $72,500

High Price: $825,000

Statistics of Lots & Land

547 lots sold in 2017

Average Days on Market: 240

Median Days on Market: 115

Median List Price: $80,000

Media Sold Price: $75, 000

Total Sold: $61,888,805

Low Price: $5,000

High Price: $1,700,000

Of these lots, land, single family homes, town homes, and condo listings, 6.01% of of the sales came from Resort Realty.

If you’re looking for your next home or Outer Banks vacation home, get in touch with our Outer Banks real estate agents at Resort Realty. With convenient office locations from Corolla to Waves, you’ll be sure to find the right agent for your OBX real estate needs. Visit the Resort Realty website to browse properties for sale and find your oasis by the sea today!