Outer Banks Real Estate MLS Report July 2018

Outer Banks Real Estate MLS Report- July 2018 Summary:

Total Sales

Residential sales are closing at about the same pace as 2017; however, total volume sold is up 5%, average sale price is up 6% and the median sale priceis up 4%.

Total Under Contract

The number of Under Contract listings is staying about the same as 2017.

Residential Inventory

Inventory is currently running 3% lower than 2017.