2015 - 1st Qtr. OBX Real Estate Market Stats

Real Estate Agent with Sun Realty NC


For Outer Banks real estate, the 1st Quarter of 2015 ended with increases in both units and total sales volume when compared to the 1st Quarter of 2014. According to a recently published article (http://www.wsj.com/articles/vacation-home-sales-hit-high-realtor-group-says-1427918333) by NAR’s 2015 Investment & Vacation Home Buyers Survey, this year-over-year jump reflects low mortgage rates, higher incomes, and the desires of baby boomers which drove unit sales of vacation homes to the highest level on record last year. This puts this one segment of the housing market above its pre-recession pea


SOURCE: OBAR MLS as of April 5, 2015


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Hugh "Scooter" Willey


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