Outer Banks Real Estate Market June 2018 Update

Outer Banks Real Estate Market June 2018 Update

Total Sales

Month-to-month sales have started their seasonal decline. Year to date, residential sales are down by 4%, lot / land sales are down by 11% and commercial sales are down by 13%. 

Under Contract

The number of listings under contract has been steadily declining since April. The decline is following a seasonal trend but with the low inventory we are exhibiting we will need to track this decline closely. 

Residential Inventory 

Lack of inventory continues to impact the market. Inventory is currently running 4% lower than last year. 

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.

Steven Donald Headshot
Phone: 252-489-0982
Dated: July 10th 2018
Views: 422
About Steven: Steve Donald and At The Beach Realty //// At the Beach Realty is a local firm located in Kitty ...

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Location & Address

At The Beach Realty
4601 N Croatan Hwy
Kitty Hawk, NC