Outer Banks Real Estate Market October 2019

Outer Banks Real Estate Market October 2019

• Under Contract - Under contract listings are through the roof - up 41% over October 2018 and the highest number since April 2015.

• Sales - Total sales are up 3% with residential sales up 5%, Lot / Land sales down 8% and commercial sales up 56%. 

• Inventory - Overall, inventory is up 1% with Residential inventory down 3%, Lots / Land inventory up 7% and Commercial inventory up 16%. 

Median home prices are generally up from the previous month. Here are the median sales prices for selected towns on the Outer Banks: 

Corolla - $509,000 

Duck - $467,000 

Southern Shores - $468,500 

Kitty Hawk - $352,000 

Kill Devil Hills - $283,600 

Colington - $281,950 

Nags Head - $390,000 

All Hatteras - $335,000 

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 22nd 2019
Views: 439
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