Nags Head Real Estate promises a great future

Outer Banks properties in South Nags Head have gotten a bad wrap for so many years and rightly so with the rapidly eroding beach in that area. However, with the new Beach Nourishment Plan, what are now very low value properties only show promise to increase in value once it's beach is replenished. There are so many great deals to be had in South Nags Head. With a new and improved beach and a name like Nags Head...values are sure to come back sooner than we thought!

For more Outer Banks Real Estate information, call Wende Pritchard at All About OBX Real Estate, 252-207-1147 or email at wende@allaboutobx.com
AllAboutOBX.com For all your Outer Banks real estate needs.

Current Outer Banks Real Estate Market Conditions

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HOME AFFORDABILITY RETURNS TO PRE-BUBBLE LEVELS!

For more information on Outer Banks Real Estate, including foreclosures, short sales and great deals on oceanfront homes, call Wende Pritchard today - (252) 207.1147!

All About OBX Real Estate
Go to AllAboutOBX.com For all your Outer Banks Real Estate needs!

I just have to say, IT IS A GORGEOUS DAY ON THE OUTER BANKS!

Outer Banks Real Estate Sold Market 2010 vs 2011

2010 (January 1-February 4)
88 Total Sold Properties
17 Sold Bank Owned Properties
15 Sold Short Sale Properties
$ 470,000 Average Sold Price
$1,500,000 Highest Sold Price (6BR, Nags Head Oceanfront)
$ 125,000 Lowest Sold Price (2BR, Kill Devil Hills Bank Owned Property)


2011 (January 1-February 4)
76 Total Sold Properties
21 Sold Bank Owned Properties
9 Sold Short Sales Properties
$ 407,000 Average Sold Price
$1,750,000 Highest Sold Price (7BR, Pine Island Corolla Oceanfront)
$ 120,000 Lowest Sold Price (2BR, Colington Canalfront, Short Sale, Cash only)