Outer Banks Real Estate MLS Report March 2019

Outer Banks Real Estate MLS Report- March 2019 Summary:

Overall, when comparing 19Q1 and 18Q1 sales, residential and commercial sales are up; however, lot / land sales are down sharply. Under Contract listings have been steadily rising since December. Distressed inventory has held steady; however, with no foreclosures in March in Dare County, inventory is expected to decline.