Outer Banks Real Estate MLS Year End Report 2019

Outer Banks Real Estate MLS Year End Report 2019

Summary:

  • Sales – From the graph below you can see that sales have been climbing steadily since 2008. For 2019, sales have increased 8% – Residential sales were up 8%, lot sales were steady and commercial sales were up 57%.
  • Under Contract – Under contract declined signifyingly from November; however, the number of listing placed under contract was up 8% since December 2018.
  • Inventory – Overall, in 2019, Inventory declined 5% with residential and commercial inventory down 7% and lots / land inventory up 1%.