Outer Banks Real Estate Market October 2018

Outer Banks Real Estate Market October 2018

Total Sales 

Month to Month sales were 211- up by 10%. However, year over year sales are down by 10%. 

Under Contract 

Under contract listings dropped dramatically - down 19%. 

Residential Inventory 

Year-over-year inventory increased - up 1%. Total inventory for sale was 1,531 in October. 

Residential Unit Sales

Year to year sales are up only 4%. 

Days on the market 

Days on the Market continues to remain at historic lows. Down 20% from last year at 114 days. 

Lots / Land Sales 

Land sales continue to decline - Down 47%. 

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.

Steven Donald Headshot
Phone: 252-489-0982
Dated: November 10th 2018
Views: 306
About Steven: Steve Donald and At The Beach Realty //// At the Beach Realty is a local firm located in Kitty ...

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at the beach realty llc
4802 Palmer Drive
kitty hawk, NC