The number of listings in an Under Contract status have held steady for the last three months but are down 3% from 2018. Although residential sales are down from 2018, May sales jumped 11% from April sales. Residential inventory continues to climb and is up 7% from 2018. Most notably, residential inventory has continued to climb for the last 12 months. Based on the above, the MLS predicts there will be a lot of closings in June.
Based on information from the Outer Banks Association of REALTORS® MLS. Information contained herein is deemed reliable but not guaranteed and may not reflect all real estate activity in the market. Opinions expressed are solely my own and do not express the views or opinions of my firm.
Author:Steven Donald Phone: 252-489-0982 Dated: June 9th 2019 Views: 379 About Steven: Steve Donald and At The Beach Realty ////
At the Beach Realty is a local firm located in Kitty ...
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Since 1996 I have been proudly selling real estate on the Outer Banks of North Carolina. I can think of no other career than to help people realize their dream of home ownership on these beautiful barrier islands. I represent buyers and sellers, whether you are a first time buyer, seasoned investor or somewhere in between. You can count on myself and my team to be with you every step of the way. Honesty and Integrity are the core values of our company.
Overall, inventory is up 12% with residential inventory up 7%. R
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