The 2020 Outer Banks real estate market is off to fantastic start!
• Sales - January is off to a booming start (up 22% from January 2019) with the highest January sales since 2005.
• January Residential sales were up 23% and lot / land sales were up 33%.
• Under Contract - Under Contract listings were up 18% when compared with January 2019 and is up 17% from December 2019. This is the highest number of under contract listings for a January since the MLS started keeping records in 2013.
• Residential inventory is down from last year by 11%. However, lot / land inventory is up by 1%
Below is the median selling prices of homes in select Outer Banks towns.
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 employer.
Author:Steven Donald Phone: 252-489-0982 Dated: February 25th 2020 Views: 527 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.