Outer Banks Real Estate MLS Report December 2020

Outer Banks Real Estate MLS Report- December 2020 Summary:

This has been an interesting year: • Sales

• Residential – Up 44% from last year – Highest number of unit sales and total volume sold since 2005.

• Land – Up 44% from last year. Highest number of lots / land sales since 2006.

  • Under Contract – Still pushing record highs – Up 117% from last year.
  • Inventory – Still declining – Residential inventory down 58% from last year.