Outer Banks Real Estate MLS Report August 2020

Records Broken – Sales for July and August are phenomenal. Inventory is shockingly low. We haven’t seen this level of activity since the MLS started tracking this data in 2005.
2020 Residential Sales – Up 23%
2020Lot/LandSales-Up9%
August 2020 Residential Inventory – Down 52%
Under Contract – Up 127% (over August 2019)

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