Outer Banks Real Estate MLS Report July 2019 Outer Banks Real Estate MLS Report September 2019
Outer Banks Real Estate MLS Report August 2019
- Sales – Sales of all classes are up 4% for the year and, of particular note, August sales were at a record level not seen since August 2005. Residential sales were up 5%, Lots / Land sales were down 9% and Commercial sales were up 57%
- Inventory – Overall, inventory is up 4% with Residential down by 2%, Lots / Land inventory up by 14% (second month in a row) and Commercial inventory up by 5%.
- Area to watch – Watch for lots of closings in September. Still well over 400 listings in an Under Contract status.
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