Nags Head Real Estate - Market Conditions Report - November 2017*

The Nags Head real estate market has shown gains in 2017 in the number of units sold.  Year to date total sales stand at 212, which is up significantly from the 187 homes sold in 2016.*  That's good news.

More good news is that the median sales price has risen steadily from 2014 through 2016.  Nags Head real estate has seen gains of 4% in 2014; another 4% in 2015; and 6% in 2017.*

And then there's 2017...

While the number of home sales in Nags Head has increased, the median sales price has decreased 1%.*  Now, this isn't alarming, given the fact that values have been on a steady march for the past three years.  However, it is worth watching to see if this is an anomaly or a new trend. 

If you're interested in purchasing an oceanfront home for sale in Nags Head, an investment property or a second home, give me a call today at 252.207.1617.  There are many beautiful sections of Nags Head that many visitors are unaware of.  I am happy to show you the incredible beauty of this town, and to assist you with your purchase of Nags Head real estate, so call today and let's get started!    

 *YTD figures are based on information from the Outer Banks Association of REALTORS® MLS for the period January 1, 2017 through November 30, 2017. Historical data from OBAR MLS for the period 1/1/2013 – 12/31/16.