Market Report

In 2021 Outer Banks remained a STRONG SELLERS MARKET. Properties were literally flying off the shelves, particularly single family homes and condos, which were going under contract in less than 6 weeks (and some in just a few days, or even hours). Remember, we were talking about the inventory being very low about a year ago (1159 active listings as of January 5th, 2021)? Obviously now, that number was...

Dare & Currituck County Overall, 2018 was a good year for Outer Banks real estate market.  Sales volume for both single-family homes and condos/townhouses increased (+5%). The average sales price for single-family homes ($450,204) increased by 8%, and the median sales price increased by 5% reaching $350,000 in 2018. Despite the increase in both sales volume  (+5%) and units...