OBX Real Estate - June, 2009

Corolla Homes Report June 26th

This report on sold homes in Corolla includes the 4wd beaches, and was compiled from data on the Outer Banks MLS, from January 1st to June 24th.  In this time period we saw 55 homes sold in Corolla.  The homes had an average sale price of $635,428 and were on the market for an average of 268 days.

A further breakdown by area shows the lowest average price being Corolla westside homes with an average sold price of $588,000.  The homes in the 4wd beaches sold for an average price of $588,000.  The homes with the shortest days on the market and highest number of homes sold were Corolla oceanside homes.  Oceanside homes in Corolla sold in an average of 248 days with an average price of $697,000.  7 homes on the oceanside sold for over $1,000,000 with the…

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Ocean Sands Homes Report

Ocean Sands is one of the largest communities in the Outer Banks.  As you can imagine its size allows for quite a diversity of homes from the small 2 bedroom beachbox to the twelve bedroom oceanfront palace.  Currently there are 86 homes for sale in Ocean Sands.  The homes range in price from just under $300,000, Outer Banks MLS# 61594, to over $3,000,000, Outer Banks MLS# 58160, for a 12 bedroom oceanfront.

From January 1st 2009 till June 24th, 2009 12 homes were sold in Ocean Sands.  The homes sold price ranged from $325,000 to $1,249,000.  Three homes sold had 6 or more bedrooms.  Ocean Sands will continue to remain a popular place to own a home in the Outer Banks.

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Outer Banks Beach Named One of Top 10 in the Country

Here is some great news from the Outer Banks Visitors Bureau website. 

Buxton Lifeguarded Beach at Cape Hatteras was named in the Top Ten “Best Beach in America” list for 2009 by respected beach expert Dr. Stephen Leatherman. Known internationally as “Dr. Beach,” Leatherman rated the Outer Banks beach in the Cape Hatteras National Seashore #7 of ten domestic beach destinations including Hanalei Bay, HI; Siesta Beach in Sarasota, FL; Coopers Beach in Southampton, NY; Coronado Beach in San Diego, CA; Hamoa Beach in Maui, HI; Main Beach in East Hampton, NY; Cape Florida State Park in Key Biscayne, FL; Coast Guard Beach at Cape Cod, MA; and Beachwalker Park on Kiawah Island, SC.

“We are so excited about having the beach at Cape Hatteras make Dr. Beach’s list…

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Duck Home with Soundviews

This home is no longer available

Duck has long stood as a wonderful place to live or vacation.  If you have always dreamed of owning a home in Duck, take a look at this beautiful home. 

This beautiful 3 bedrom Osprey Ridge home offers outstanding views of the Currituck Sound.

It does not get any better than life in Duck with views of the Sound.  Get up early and watch the sunrise over the Atlantic then enjoy the sunset from the comfort of your home. 

This home has been reduced over 20%.  The owner is ready to sell.  Come take a look and make an offer.  Request additional information on this beautiful home. 

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Outer Banks Swimming Safety

Monday afternoon two of Corolla's excellent ocean rescue lifegaurds pulled 2 people from the water.  The rescue was reported in the Daily Advance.  It is a great opportunity to realize how important it is to be safe when in the ocean.  The more time you spend around water and particularly the ocean, the more you come to respect its power.  Simple steps and being aware help keep you safe in the water. 

 A particular hazard along the ocean is the possibilityof rip currents.  There is an excellent resource available by the EENA Project, that explains, what is a rip current?  Once you realize what a rip current is, you have the ability to detect them from shore and know what to do if you should be caught in one. 

Simple steps can go a long way to ensuring…

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Outer Banks REO - Bank Owned Home List 6/17

Outer Banks REO - Bank Owned Home List 6/17

Below you will find the current bank owned home list for the Outer Banks.  Bank owned or REO homes are homes that have been through the foreclosure process and are now owned by the bank.  Often these homes can be excellent opportunities.  If you have any questions feel free to contact me. 

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June 10th Outer Banks Foreclosed Homes Report

Outer Banks Foreclosed Homes - Bank Owned Homes

Below are the current bank owned homes in the Outer Banks.  Bank owned homes are homes that the foreclosure process is finished and the home is now owned by the bank.  Many popular areas like Corolla, Duck, Kill Devil Hills, Nags Head, and Rodanthe offer homes that are bank owned.

Foreclosed homes in the Outer Banks can offer tremendous opportunity for the right buyer.  Often bank owned homes will require some sort of upgrading to make it ready to handle rentals or to be lived in.  Bank owned homes in the Outer Banks are something for those looking to invest in the Outer Banks to consider.

Outer Banks Bank Owned Homes - Foreclosed Homes List

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Outer Banks June Events

Here are some great Outer Banks events for June.  There are plenty more than this but this was just some of the highlights.  You will find plenty to do this month in the OBX.  For additional things to do, check out the link below to the June events page for the Outer Banks Visitors Bureau.

• Rogallo Kite Festival - June 13- 14
• Fishing and Crabbing Rodeo - June 13th
• 10th Annual Duck Cup Sailing Regatta - June 13- 14
• 8th Annual Under the Oaks Art Festival - June 24- 25
• Free North Carolina Symphony Concert - June 19

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Outer Banks Homesites Report

Below you will find the sold information for land in the Outer Banks for the first five months of 2009. Prices of homesites ranged from $9,999 for a homesite in Jarvisburg to $400,00 for a canalfront lot in Kitty Hawk. Currently there are 35 oceanfront homesites available on the Outer Bsnks MLS. The prices for those oceanfront lots ranges from $19,500 for a lot in Swan Beach to $2,200,000, MLS #59086 for a homesite in Corolla.

If you would like a home a little further back from the ocean semi-oceanfront homesites in the Outer Banks are currently ranging from $179,000, MLS# 60406. to $1,250,000, MLS# 56370. In the last year the cost of building a home in the Outer Banks has fallen sharply. Material and labor costs are both reduced off their highs of a…

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Real Estate Report Whalehead Club

In the first five months of 2009, January 1 - May 31, we saw 7 homes close on the Outer Banks MLS.  The average sale price in the Whalehead Club was $803,714.  Homes that sold in the Whalehead Club were on the market for an average of 315 days.  The sold homes ranged in price from #375,000 for a 4 bedroom 4 and a half bath home to $1,300,000 for a 9 bedroom 8 full and 2 partial bath oceanfront home.

Currently you will find 87 available homes in the Whalehead Club.  If you would like to compare homes in different communities try the Corolla homes for sale page.  Below is a sold information table.  It includes address, listing price, sold price, % of sold price to listing price and days on the market.  For additional information you can contact me. 

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