Overall, inventory is up 12% with residential inventory up 7%. Residential sales peaked in May and have started their seasonal decline. Lots / land inventory up 22% and commercial inventory up 22% since June 2018. Overall sales from 2018 to 2019 are up 1% with residential sales up 4%, lots / land salesdown 12%. Listings in an under-contract status are down 4%. The area to watch seems to be lots / lands. Inventory is up but sales are down.
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: July 16th 2019 Views: 497 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.