For those looking to keep up to date on what is happening in the Outer Banks real estate market with bank owned homes, below you will see a breakdown in sold bank owned homes through Sunday May 3rd 2009.  57 homes were sold in the first 134 days of the year at an average price of $318,901.  Those sold homes were on the market for an average of 149 days.  Value can definitely be found among the bank owned homes in the Outer Banks, the key is being ready when you find yours.

Sold Outer Banks Bank Owned Homes through May 4th 2009

Corolla Oceanside1$449,000$449,000$449,00048
Corolla Westside2$975,500$487,750$487,75051
Pt. Harbor to Powells Pt.1$105,000$105,000$105,000252
Jarvisburg to Poplar Br.3$516,400$172,133$110,900179
Maple to Moyock1$351,900$351,900$351,90041
Duck Oceanside1$1,700,000$1,700,000$1,700,000308
Southern Shores Westside2$1,040,000$520,000$520,00065
Martins Point1$740,000$740,000$740,000166
Kitty Hawk Westside4$1,284,000$321,000$262,500164
Kill Devil Hills b/w Hwys3$505,900$168,633$170,500140
Kill Devil Hills Westside9$1,469,800$163,311$172,500112
Colington Harbour8$1,849,400$231,175$215,20088
S. N.H. East/Old Oregon R1$200,000$200,000$200,000159
Nags Head between hwys1$254,000$254,000$254,00077
Nags Head Westside3$648,500$216,167$210,500148
Rodanthe Soundside1$360,000$360,000$360,000606
Waves Oceanside2$350,000$175,000$175,00089
Salvo Oceanside1$400,000$400,000$400,000133
Avon Soundside3$1,584,000$528,000$515,000154
Buxton Oceanside2$337,474$168,737$168,737123
Frisco Oceanside1$169,000$169,000$169,000183
Hatteras Soundside1$209,000$209,000$209,000289
Manteo-S. of Airport Road4$833,000$208,250$205,500152
Manteo-N. of Airport Road1$88,825$88,825$88,82539
 
Totals57$16,420,699$288,082$210,500137

Posted by Mike Bishal on
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