Archives for May 2012

Outer Banks April 2012 MLS Report

Overall, sales have started their seasonal decline with sales declining by 21% from March; however, it appears that there may be good news on the horizon. Listings that have been placed under contract in April are up 24% from April 2011 and up 16% for the year.YTD SalesOverall – up 22% (664 units vs 543 units) Residential – Up 14% (500 units vs 437 units) Land – Up 55% (150 units vs 97 units) Commercial – up 56% (14 units vs 9 units)YTD Under ContractOverall – up 16% (780 units vs 675 units) Residential – up 8% (606 units vs 560 units) Land – Up 39% (115 units vs … [Read more...]