December 7, 2011 – (RealEstateRama) — It has been quite the year for Outer Banks foreclosures. We have seen 285 bank owned residential properties sold on the Outer Banks MLS from January 1st through November 30th. Prices on the sold Outer Banks foreclosures range from $15,000 to over $1,100,000 with an average price of $250,015.
For those looking to purchase a foreclosure on the Outer Banks it is imperative to move quickly as we saw a foreclosure sell in just 15 days with a median days on the market of 99. Kill Devil Hills has the highest number of sold foreclosures on the Outer Banks thus far this year. It is interesting that Kill Devil Hills and Corolla combined for over 100 sold foreclosures while a town like Duck has only had 4.
If you are interested in learning more about buying a foreclosure on the Outer Banks, you can give us a call at 866.777.3948 or sales (at) redskyrealty (dot) com and mention the foreclosure list and we can set you up.
OBX Sold Foreclosures
|Kill Devil Hills||77|
Note: Sold numbers for towns in Currituck & Pasquotank Counties only include the homes that were input in the Outer Banks MLS.
This Outer Banks foreclosure update has been reprinted with permission from the Red Sky Realty Group Company Blog, Outer Banks Foreclosure Information through November 2011