Outer Banks Real Estate MLS Report April 2020 Summary
As expected, total month to month sales are down 23% April; however, when comparing 2019 to 2020, sales are up 4% for the year, with residential sales up 2%.
Under Contract – Under Contracts have declined by 19% – not from a lack of desire, but a lack of showings. See graph on page 2.
Inventory – Residential inventory is down from last year by 21% and total inventory is down by 17%
