Outer Banks Real Estate MLS Report April 2021
Summary:
So far, the 2021 real estate market on the Outer Banks continues to be impressive. Sales for 2021 are up 94%, listings that have been placed under contract are up 147% and inventory is down by more than 50%. Here is a snapshot view of the market from January 1st to the end of April:
- Residential Sales – 2020 – 646 units / 2021 – 1212 units
- Lot / Land Sales – 2020 – 125 units / 2021 – 280 units
- Residential Inventory – 2020 – 1324 units / 2021 – 392
- Lot / Land Inventory – 2020 – 756 / 2021 – 576