The Outer Banks had the highest number of listings under contract since the MLS started tracking this data in September 2013 - 454 listings. This is up 7% over July 2018. Expect a record number of closings in August.
Year over year, sales are up for Residential and Commercial listings, but lot / land sales are off by 11%. Residential inventory is up by 3%. Lots / land is up by 14%. Commercial is up by 13%
Distressed sale inventory and foreclosures are down from last year. There were only 16 listings in inventory and 3 new foreclosures for the month.
Here are the median sales prices for selected towns on the OBX:
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: August 12th 2019 Views: 470 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.
Under Contract listings, up 17%, are still at their highest since Sept
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