Outer Banks Real Estate MLS Report- May 2021 Summary:
The number of unit sales continues to impress with total yearly sales are up 105%. Here is the breakdown by class:
- Residential Sales – 2020 – 795 units / 2021 – 1554 units – Up 95%
- Lot / Land Sales – 2020 – 152 units / 2021 – 381 units – Up 151%Under contract listings have fallen off a little but are still at historic levels – up 56%
Overall, inventory is down by 50%. Here is the breakdown by class.
• Residential Inventory – 2020 – 1247 units / 2021 – 402 – down by 68% • Lot/LandInventory-2020-763/2021-572-downby25%
