Outer Banks Real Estate MLS Report – November 2021 Summary:
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Inventory is at an all-time low with only 887 properties to sell
- Residential properties – 380 units – down 39% from 2020
- Lots / Land properties – 466 – down 23% from 2020
- Commercial properties – 41 units – down 23% from 2020
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Sales are still strong and with sales up 22%
- Residential – 3134 units – up 13% from 2020
- Lots / Land – 898 units – up 63% from 2020
- Commercial – 46 units – up 77% from 2020
Total Volume sold is rapidly approaching $2 Billion dollars for 2021 – up 49% from 2020
