Michael Taboada Coldwell Banker Seaside Realty

Michael Taboada Coldwell Banker Seaside Realty Commitment, devotion, and trustworthy advice for all clients when listing or buying real estate property in North Carolina specialized in the Outer Banks.

03/07/2024

Don't miss out on this affordable top-level 2 bedroom, 2 bath condo located in the heart of Corolla. Suited for primary and secondary residence or a great investment opportunity for employee housing. New paint and luxury vinyl floors installed in the entire unit. Updated kitchen appliances and cabin...

Come join us!
01/31/2024

Come join us!

02/25/2023

Business is picking up with Spring right around the corner. Stay up to date!

MLS Facts on the Average Days on Market (DOM) โ€“ residential, Dare & Currituck County:

-The Average DOM of all active residential listings is 112
-The Average DOM of the 128 listings that have gone under contract in February is just 57
-The Average DOM of the 26 Oceanfront properties under contract is 94
-The Average DOM of the 309 pending residential listings is 67

More MLS Facts:

-Of the 273 active single-family homes:
*60 are available for $500,000 or less including 28 priced at $400k and below
*The average # of bedrooms is 4.6, average number of baths is 3.6 and the average heated square feet is 2,668
-The Median Asking Price of all single-family homes is $765,000 with an average DOM of 104
-The Median Asking Price of the 38 condos & townhomes for sale is $379,000 with an average DOM of 72

Land Facts, Dare & Currituck County

-There are 227 residential lots for sale with a Median Asking Price of $179,000 and average DOM of 223
-Of the 73 lot listings since the first of the year, 21 are already under contract or sold. Thatโ€™s 29% which is pretty good for lots!

Please don't hesitate to reach out with any of your Outer Banks real estate needs!

01/17/2023

Hope the new year is treating everyone well. I wanted to keep you updated with some MLS facts for the Outer Banks for the week of January 8-14, 2023.

MLS FACTS (Residential, Dare & Currituck County):

There are 388 active listings for sale with a Median Asking Price of $684,450 and the Average DOM (Days On Market) is...116

There are 298 Single Family homes for sale with a Median Asking Price of $762,000:
-Average DOM is 105
-27 of the 298 have an asking price of $400k or less
-Coincidentally, 27 have an asking price of $2 Million and higher!

The Median Asking Price of the 235 pending listings is $555,000 and the average DOM is just 55. Priced to sell?

Did you know that 57 of the 97 properties listed in the month of December are either pending or have been sold? That's close to 59%!

There are 51 residential lots under contract with a Median Asking Price of $129,900 and an Average DOM of 129

Please don't hesitate to reach out with any of your Outer Banks real estate needs!

Bringing in the new year, 2023 here we go! Some updated stats for December to close out 2022. Please don't hesitate to r...
01/07/2023

Bringing in the new year, 2023 here we go!
Some updated stats for December to close out 2022.

Please don't hesitate to reach out with any of your Outer Banks real estate needs!

12/21/2022

OBX Update for the week of 12/11-12/17/2022

I am sure everyone is getting ready for holiday weekend, just wanted to give you a little update on how the OBX is doing in this real estate market.

MLS Facts:

There are 181 properties under contract with an Average DOM (Days On Market) of 53:
-Average Asking Price is $646,397 and the Median is $581,006

There are 448 residential listings for sale in Dare & Currituck County:
-Average Asking Price is $894,602 and the Median is $649,950
-Average DOM: 103

Notice the difference between the Asking Price of the pendings and the active listings...

There are 348 Single-Family homes for sale:
-Average Asking Price is $1,014,704 and the Median is $699,900
-Average DOM: 95
-There are still just 41 homes for sale with an asking price of $400k or less!

Did you know the Average Days on Market (residential) in 2019 was 117. YTD currently we are still a very low 34!

There are 60 oceanfront homes for sale:
-Average Asking Price is $2,183,349 and Median is $1,849,500
-Starting price for an OF is $459,000 for a 4-bedroom home in Rodanthe
-Highest price is $7.4 Million for 7 bed/7 bath home in Southern Shores.

Please don't hesitate to reach out with any of your Outer Banks Real Estate needs. Have a Merry Christmas!

11/23/2022

Its that time again for the weekly update.

MLS Facts (Residential, Dare & Currituck County)

On average, property sold last week for 92% of the original asking price.
-YTD our market is still at 98% of the original asking price!

There are 260 properties in pending status:
-Avg DOM (Days On Market) of 51
-Median Asking Price of $575,000

There are 469 active listings with an average DOM of 96 and a Median Asking Price of $685,000
-369 are single-family with a Median Asking Price of $749,000
~43 are listed for $400,000 and under
~41 are listed for $2 Million and above, including 8 OceanFront homes priced over $4 Million

Wondering how the Average Sales Price differs between oceanside and sound/westside? Hereโ€™s a few comparisons:
-Duck Oceanside: $1,371,637
-Duck Westside: $894,765
-Southern Shores Oceanside: $1,486,823
-Southern Shores Westside: $784,198
-Hatteras Island Oceanside: $798,562
-Hatteras Island Soundside: $631,940

There are 277 residential lots for sale with a and average DOM of 198 and a Median Asking Price of $169,900

Please don't hesitate to reach out with any of your Outer Banks Real Estate needs. Happy Thanksgiving everyone!

11/15/2022

๐Ÿฅณ โญ๏ธโญ๏ธโญ๏ธโญ๏ธโญ๏ธ ๐“’๐“ธ๐“ท๐“ฐ๐“ป๐“ช๐“ฝ๐“พ๐“ต๐“ช๐“ฝ๐“ฒ๐“ธ๐“ท๐“ผ on your rave review, Michael Taboada! We ๐Ÿ’– when our agents are successful! ๐Ÿ™Œ Keep up the great work! Guiding you home on the ! Michael Taboada Coldwell Banker Seaside Realty

Weekly OBX Real Estate Update for my peeps!MLS Facts: -Did you know that 62 of the 167 October listings are already unde...
11/15/2022

Weekly OBX Real Estate Update for my peeps!

MLS Facts:

-Did you know that 62 of the 167 October listings are already under contract or sold? 37%
-There are currently 282 pending listings with an average DOM (Days On Market) of 48
-There are 460 active listings and no, we havenโ€™t hit 500 yet!
~Median Asking Price: $686,250
~Average DOM? 67 which is lower than the 11/3 update!
-There are 363 Single-Family homes for sale with a Median Asking Price of $749,000 and an average DOM of 92
~41 are listed for $400,000 or less
~There are 44 homes for $2 Million and higher
~There are 71 OF homes for sale with a Median Asking Price of $1,950,000 and average DOM of 123
-What are the Top 5 areas with the shortest DOM for the 2nd half of the year (7/1 โ€“ today). Note: 6 or more sales
1. Pirates Cove: 11
2. Nags Head Westside & Salvo Oceanside tie with 13
3. Colington (not the Harbour): 16
4. Duck Oceanside: 20
5. Kitty Hawk between the Hwys: 22

Please don't hesitate to reach out with any of your Outer Banks Real Estate needs!

Happy Tuesday!MLS Facts for Dare & Currituck County residential: -There are 454 residential listings with a Median Askin...
10/25/2022

Happy Tuesday!

MLS Facts for Dare & Currituck County residential:

-There are 454 residential listings with a Median Asking Price of $699,000 and an average DOM (Days on Market) of 98

-There are 360 single-family homes available for sale:
*Median Asking Price of $780,015
*65 are listed for $500,000 or less including 34 with an asking price of $400k or less
*44 homes are listed for $2 Million and higher with an average DOM of 129

-There are 68 oceanfront homes currently for sale with a Median Asking Price of $1,992,500
*Entry price of an oceanfront home on the OBX? $459k for a 4 bed/4 bath home in Rodanthe (extra close to the water)
*Hatteras Island has the most oceanfront listings with a total of 28, followed by Corolla but with just 13!

-There are just 18 oceanfront condos for sale:
*Median Asking Price of $622,000
*Avg DOM of 96

Please don't hesitate to reach out out with any of your Outer Banks Real Estate needs!

Address

Kill Devil Hills, NC
27948

Telephone

+15703280173

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