October MLS Statistical Report

Trending with NAR reports, October sales in the Outer Banks were down compared to October 2022.  However, the median sale price for residential property was at a record high of $602,000 and the median sale price for a single family detached homes was also at a record high of $672,000.

Some other positive results for October include:

  • Total active inventory was up
  • 258 new listings were added to the MLS
  • 101 lots/land units sold, with inventory up 532 units and Days on Market dropped by 20 days compared to September of this year
  • Most towns showed an increase in median residential sales price compared to September of this year.  Duck was up $85,875, while Roanoke Island was up $31,000 compared to October 2022

Click to View the MLS Statistical Reports.

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The post October MLS Statistical Report appeared first on Outer Banks Association of REALTORS®.

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