Outer Banks Real Estate MLS Report July 2019

Outer Banks Real Estate MLS Report July 2019 Summary:

  • Under Contract – This is interesting! We have the highest number of listings under contract since the MLS started tracking this data in September 2013 – 454 listings.
  • Sold Listings – Year over year, sales are up for Residential and Commercial listings, but lot / land sales are off by 11%.
  • Inventory – Residential is up by 3%. Lots / land is up by 14%. Commercial is up by 13%
  • Area to watch – Watch for lots of closings in August.