Outer Banks Real Estate MLS Report June 2019

Outer Banks Real Estate MLS Report- June 2019 Summary:

  • Overall, inventory is up 12% with residential inventory up 7% and lots / land inventory up 22% and commercial inventory up 22% since June 2018.
  • Overall sales for 2018 to 2019 are up 1% with residential sales up 4%, lots / land sales down 12% commercial sales up 50%.
  • Listings in an under-contract status are down 4%.
  • The area to watch seems to be lots / lands. Inventory is up but sales are down.