Outer Banks Real Estate MLS Report April 2019

Outer Banks Real Estate MLS Report- April 2019 Summary:

  • Residential inventory is up 11% over last year and has shown a steady increase over the last five months.
  • Residential sales may be starting to flatten out; however, the number of listings in an under contract status continues to rise and should be an indicator of increased sales in May.
  • Listings in an Under Contract status are at their highest level since May of 2017 and have been climbing steadily for the last 7 months.