๐ ๐ข๐๐ซ ๐ ๐๐ฅ๐๐๐ง ๐จ๐ฃ๐๐๐ง๐ ๐ฅ Watch the Market Video to see how each area performed during the month of September.๐https://tinyurl.com/mr38ryfm
๐๐ข๐๐๐ฒ๐ฟ ๐๐ฎ๐ป๐ธ๐ ๐ฆ๐ฒ๐ฒ๐ ๐ฆ๐๐ฟ๐ผ๐ป๐ด๐ฒ๐ฟ ๐๐ฐ๐๐ถ๐๐ถ๐๐ ๐ฎ๐ ๐๐ฎ๐น๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ถ๐ฟ๐บ๐ ๐จ๐ฝ!
September gave the Outer Banks market a boost! We closed 136 homes, up sharply from 108 in August, marking one of the few months this year where sales were either up or holding steady. Even with the September sales volume down 8% year over year, buyer activity showed real signs of life.
Pendings jumped โ 132 homes went under contract โ and cash buyers were back in force, making up 38% of all closings compared to 27% last month. And while most homes (72%) sold below their original asking price, nearly one in three sold above asking, proving that wellโpriced, wellโpresented homes are still commanding strong attention.
The Average Sales Price for the month dipped slightly but the Median Sales Price of $653,500 was a good jump from the $604,500 posted in August!
A stronger September sets a positive tone as we move deeper into fall.
๐ก ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ ๐๐ฆ ๐๐๐ป ๐๐ฎ๐ฐ๐๐!๐
๐ 197 properties under contract | Median DOM: just 33 days!
โจ 61 of Septemberโs 228 new listings are already under contract or sold!
๐ฐ Homes sold for an average of 95% of original asking price.
๐ฏ 38 properties sold at or above asking price!
โณ Average Days on Market: 70
๐ 195 price changes, up from 167 in August.
๐ 26 homes sold under $500K, including 11 under $400K!
๐ 2 homes sold for over $3M!
๐ Top Sale: An oceanfront home in the 4WD area sold for $5.6M to Currituck County!
โโโโโโโ*Based on information from the Outer Banks Association of Realtors MLS 9.1.26 โ 9.30.26 for residential property in Dare & Currituck County
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