09/19/2025
🏡 Outer Banks Market Update – September 2025
The OBX real estate market is showing signs of change. Inventory is up 12% from last year, while sales and median prices remain steady. This places us in a "Normal Market" with a 6-month absorption rate. However, if inventory continues to rise and demand stays the same or decreases, we could enter a "Slow Market," signaling the beginning of a buyer's market.
I delve into town-specific trends, affordability challenges, and what these shifts mean for buyers and sellers. If you're considering your next move in the OBX market, now is a crucial time to strategize.
👉 Read the full update here: https://ilonamatteson.com/post-summer-market-update/