Outer Banks Real Estate MLS Report September 2019

Outer Banks Real Estate MLS Report September 2019

Summary:

  • Under Contract – Under contract listing numbers are at their highest since Sept. 2017.
  • Sales – January through September sales are up 3% with residential sales up 5%. Of particular note is that condominium sales are down 23%. Lots / Land sales are down 8%. Single family detached sales are up 7%.
  • Inventory – Overall, inventory is up 3% with Residential inventory down 2%, Lots / Land inventory up 12% (third month in a row) and Commercial inventory up 17%.