Outer Banks Real Estate MLS Report – September 2021 Summary:
The MLS seems to be in a lull where inventory and sales are relatively flat. The only statistic of note is that the number of days on the market for Residential properties has dropped significantly. See data below for the details.
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Inventory – not much change to inventory over the last 3 months
- Residential inventory 2020 – 723 units. Residential inventory 2021 – 501 units – down 31%
- Lot / land inventory 2020 – 664 units. Lot / Land inventory 2021 – 568 units – down 14%
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Sales
- Residential sales 2020 – 2092 units. Residential sales 2021- 2340 units – up by 12%
- Lot / land sales 2020 – 392 units. Lot / land sales 2021 – 746 units – up by 90%
