Duck Real Estate Report June 2009
Posted by Mike Bishal on
For the month of May, the Outer Banks MLS saw 7 homes sold. Six were single family homes and 1 was a co-ownership. Prices in Duck ranged from $72,500 to $1,500,000. Two homes in Duck sold for in the million plus range.
As far as active homes in Duck, we are currently down to 182. The active listings in Duck are broken down into 9 co-ownerships, 18 condos, 2 townhomes, and 153 single-family homes. The price of homes in Duck is currently ranging between $349,900 for a 3 bedroom 2 bath home in Sanderling to $7,995,000 for a 10 bedroom oceanfront home in Palmers Island.
If you love life in Duck, then today's market is a great time to be a buyer.
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Below are the available short sales in Corolla, North Carolina. Short sales offer excellent opportunities to buy a home in the Outer Banks. Corolla is traditionally one of the most sought after resort towns of the OBX to own a home. As you will see below many of the available short sales offer rental income, which will offset the costs of home ownership.
Here are the current available short sales in Kill Devil Hills. There are a wide variety of prices, from $98,900 to $655,000. Short sales can be an excellent way to invest in a Kill Devil Hills home. Short sales are going to require lender approval for any deal.
If you own a home in the Outer Banks, chances are you are going to have to make repairs. If your like many Outer Banks home owners you will enjoy improving and maintaining your property. The closer you live to the water, seemingly the more repairs you have. If you are making repairs, you have a few choices where to get your supplies. All the choices in the Outer Banks are good, just depends what you are looking for.