Outer Banks Real Estate MLS Report January 2021
January is usually the slow time of the year, sales are slow, and inventory is ramping up for the spring, but not this year.
o Residential – Up 73% over January of last year – Highest number of unit sales and total volume sold since – ever!
o Land – Up 125% over January of last year. Highest number of lots / land sales since 2006.
- Under Contract – Up 101% over January of last year.
- Inventory – Still declining – residential inventory down 67%. Lots / Land down 26%