Outer Banks Real Estate MLS Report- November 2020 Summary:
Although the market has cooled a little, sales are still up 40% from last year.
• Residential Sales up 41% over last year.
• Highest number of residential sales for November since 2005.
• Land Sales are up 40% over last year.
• Highest number of residential sales for November Other surprising statistics:
- Residential Inventory – Down 58%
- Under Contract – Up 109%