Blog

July 22

June 2022 Real Estate Market on the Outer Banks, NC

OBX Marketplace Posts Strong Performance Strong is a good descriptor for the June 2022 marketplace trends for the Outer Banks. We’re continuing in one of the most robust seller’s markets in recent history here in the OBX. In addition, demand for existing properties and land purchases remains high, reflected by [...]

June 27

May 2022 Real Estate Market on the Outer Banks, NC

OBX Inventory Dips Low for May Just when you think residential inventory can’t dip any lower, the Outer Banks real estate marketplace tosses out a surprise. It’s been the ongoing saga for more than two years. Inventory is tight in this seller’s market, where buyers engage in bidding wars in [...]

May 31

April 2022 Real Estate Market on the Outer Banks, NC

Riding the OBX Real Estate WaveDon’t be fooled by rumors of a cooling real estate marketplace here in the Outer Banks. The number of units sold may be down for April 2022, but that doesn’t tell the whole story. A closer look at the total volume sold – up by [...]

real estate April 19

March 2022 Real Estate Market on the Outer Banks, NC

OBX New Listings: Here Today, Gone Tomorrow The calendar month changes, but the story stays the same. New listings remain few and far between, quickly changing hands the minute they hit the market. It’s a pattern the Outer Banks has been stuck on for more than two years. Higher interest [...]

January 2022 Real Estate Market on the Outer Banks, NC March 25

February 2022 Real Estate Market on the Outer Banks, NC

Low Inventory Saga Drags On in OBX It’s starting to feel like we’re on repeat each month with our reports on the state of the Outer Banks real estate market. Another month, another update about low inventory continuing to stress buyers desperately seeking their dream properties. According to the February [...]

January 2022 Real Estate Market on the Outer Banks, NC February 21

January 2022 Real Estate Market on the Outer Banks, NC

Inventory Declines Continue to Stress OBX Marketplace The months on the calendar may change, but the story remains the same. Inventory continues to decline in the Outer Banks real estate marketplace, making things tough for prospective buyers and profitable for sellers. According to the January 2022 MLS Statistical Report from [...]

January 21

December 2021 Real Estate Market on the Outer Banks, NC

OBX Finishes Out 2021 on High Note December 2021 was another record month for the Outer Banks in real estate, capping off what can only be described as a blockbuster year. Inventory remained low and sellers continued to control the OBX real estate market throughout the month. December was not [...]

December 23

November 2021 Real Estate Market on the Outer Banks, NC

For Sale Properties Hit All-Time Low November 2021 brought with it another month of real-estate firsts for the Outer Banks, and not in a good way. Commercial and residential inventory hit an all-time low. According to the newly released November 2021 MLS Statistical Report from the Outer Banks Association of [...]

Homes for sale OBX November 17

October 2021 Real Estate Market on the Outer Banks, NC

Inventory Declines Continue to Define OBX Real Estate Market A declining inventory continues to disappoint Outer Banks property hunters desperate to find their ideal matches. While some market analysts continue to toss about the explanation that the Outer Banks finds itself in a housing bubble, nothing could be further from [...]