Category Archives: OBX Market Info

Monthly updates on the OBX real estate market.

Great first quarter of sales!

OBX real estate sales were the best they’ve been in years.  Here’s a link to the report: http://r.b5z.net/i/u/10116302/f/marketindicatorsapr12.pdf

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OBX Sales Trend Up!

Early March at the lighthouse in Nags Head Real estate sales on the Outer Banks are trending up. It looks like it is going to be the best spring for the number of sales since 2005. Here’s a link to my monthly … Continue reading

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Good Real Estate News!

Great interest rates, super values and clear, snowless days encouraged buyers to make smart buying decisions in January.  This was the best January since 2005!  Here’s a copy of our OBX Real Estate Market Report: http://r.b5z.net/i/u/10116302/f/marketindicatorsfeb12.pdf

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OBX Year End Real Estate Report

There were some positive signs in this year’s real estate market.  Hopefully these good signs will continue in 2012. Here’s a link to my report: http://r.b5z.net/i/u/10116302/f/endofyear2011.pdf

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Happy OBX Holidays!

We’ve had just two frosts here in Kitty Hawk and Southern Shores so far this season but it is beginning to feel like the holidays.  There are some good trends happening in our real estate market now.  Check our our … Continue reading

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November OBX Market Report

It looks like the Outer Banks real estate market is beginning to recover from Hurricane Irene.  Here’s this month’s report and graphs. http://r.b5z.net/i/u/10116302/f/marketindicatorsnov11.pdf

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Market Impacted By Irene

As expected the OBX real estate market was impacted by Hurricane Irene.  Sales transactions were down a little over 13% from the day of the storm in August until the beginning of October.  The largest segment affected was Hatteras Island.  … Continue reading

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OBX Real Estate Market Update

Hurricane Irene impacted sales last month.  Page 3 of the report shows a significant reduction in sales agreements compared to August of 2010.  Despite this bad weather event, there was still plenty of good news to report. See the report here: … Continue reading

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August OBX Market Update

It looks like sales are steady for this usually slower time of year (folks focus on vacation in summer and usually buy in the spring and fall).  Sales activity is 5% above this time last year. Local Realtors expect more of the same … Continue reading

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OBX Real Estate Market Update

The number of sales ticked up a little compared to the first half of 2010.  Take a look at my report here and see some additional new trends in OBX real estate sales.

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