Outer Banks Real Estate MLS Report November 2019

Outer Banks Real Estate MLS Report- November 2019 Summary:

  • Sales – With 247 sales (7% Increase), November has the highest sales volume since 2005. Residential sales up 9%, Lot / Land sales down 3% and commercial sales up 53%.
  • Under Contract – Under contract listings are up 17%. Highest number of under contract listings in November since the MLS started keeping data in 2013.
  • Inventory – Overall, inventory is steady. Residential inventory was down 1%, Lots / Land inventory up 2% and Commercial inventory up 3%.