This is the Outer Banks Real Estate market update for the week ending April 18th. Residential, week ending April 18th, data pulled April 20th:

68 units sold, average list price $586,906, the average sold price $580,882. Median list price $450,000, the median sold price $459,500. Average days on market 61, median days on market 8.

85 homes went under contract. The average list price was $659,294, median list price $439,000. Average days on market 49, median days on market 8.

There were 93 new listings, an average list price of $708,358, the median list price of $480,000. 42 of those are already under contract or off of the market, 51 are still active.

At the time the data was pulled there were 354 active listings compared to 1356 at the end of April 2020. Average list price $839,300, median list price $595,000.

To keep you up to date with how fast the market is moving, going back to the previous week ending April 11, there were 83 new listings, 45 of which are now under contract or off of the market. Going back two weeks to the week ending April 4th, out of 113 new listings only 69 are under contract or off of the market, 44 are still active. The best properties go quickly. In both sold and under contract properties the median days on the market is 8.

My monthly overview of the March Statistical Report from the Outer Banks Association of Realtors is in my April market update which you can find on the Moose OBX Facebook page, YouTube channel, at Moose OBX dot com, and featured in the real estate section at OBX Today. 

If you have questions about a specific area or need help with your situation give me a shout. All of my info is at mooseobx.com

Information in this article is based on information from the Outer Banks Association of REALTORS® MLS for the period January 1, 2020, through April 20th, 2021.