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Outer Banks Real Estate Market Report - Q3 2024

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2024 Third Quarter Statistical Report This month the MLS has decided to take a different look at the MLS data. • Residential Median Sales Price – Up 9% from 3rd Qtr 23 and up 5% for the year. • Total inventory continues to rise – Up 38% from 3rd Qty 23 and up 28% for the year. • Total Sales – Down 2% from 3rd Qtr 23 and down 9% for the year. Quarterly Change in Median Sales Price $600,000 $500,000 $400,000 $300,000 $200,000

$100,000

Total Inventory 5000

2024 Qtr1

2024 Qtr 3

2023 Qtr 3

2023 Qtr1

2022 Qtr 3

2022 Qtr1

2021 Qtr 3

2021 Qtr1

2020 Qtr1

2020 Qtr 3

2019 Qtr1

2019 Qtr 3

2018 Qtr1

2018 Qtr 3

2017 Qtr 3

2017 Qtr1

2016 Qtr 3

2016 Qtr1

2015 Qtr 3

2015 Qtr1

2014 Qtr1

2014 Qtr 3

2013 Qtr1

2013 Qtr 3

2012 Qtr 3

2012 Qtr1

2011 Qtr 3

2011 Qtr1

2010 Qtr 3

2010 Qtr1

$0

Quarterly Residential Sales 1500

4000 1000

3000 2000

500

1000 0

0 Jan Feb Mar Apr May Jul July Aug Sep Oct Nov Dec 2021

2022

2023

2024

Data Obtained: October 7, 2024 Note: This report reflects corrections / updates to previous data

1st Qtr 2021

2nd Qtr 2022

3rd Qtr 2023

4th Qtr 2024


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Outer Banks Real Estate Market Report - Q3 2024 by rickkinne59 - Issuu