🏖️ Outer Banks Real Estate Weekly Recap: September 7–14, 2025

The Outer Banks housing market is showing signs of renewed momentum this week, as falling mortgage rates begin to stir buyer interest across the region. From Corolla to Hatteras, activity is picking up—and the numbers tell a compelling story.

📊 Weekly Market Snapshot

Metric Total
New Listings 49
Back on Market 13
Expired Listings 5
Price Reductions 45
Properties Sold 38
Total Under Contract 275
  • Average List Price (Sold): $844,769
  • Average Sold Price: $806,470
  • Price-to-List Ratio: ~95.5%

💰 Luxury Spotlight

This week saw 11 new listings priced over $1 million, including a standout $9,999,000 oceanfront estate in Duck—a rare gem that’s sure to attract attention. In addition to single family homes inventory also expanded with:

📉 Mortgage Rates & Market Momentum

After months of volatility, mortgage rates have finally begun to ease, creating a more favorable environment for buyers. This shift is already reflected in the uptick in contracts and price adjustments. If rates continue to trend downward, we could be entering a more active fall season for Outer Banks real estate.

“We’re seeing renewed energy in the market. Buyers who were waiting on the sidelines are starting to re-engage, and sellers are responding with strategic price changes,” says Matt Huband, Broker/Owner of OBX Realty Group.

🏡 What This Means for Buyers & Sellers

  • Buyers: Now’s the time to act before competition heats up. Look for price-reduced properties and elevated lots with strong rental potential.
  • Sellers: Keep up to date on how your property is priced in the market.

📬 Stay Connected

With over two decades of experience, Matt ranks in the top 7% of all Outer Banks Realtors for total sales volume and the number of houses sold since 2003. His expertise and dedication make the selling process smooth and successful.

Ready to take the next step? Contact Matt today and start your journey toward selling—or buying—your dream Outer Banks property. Is there something you want to see added to the weekly real report?? Different stats? More info about the OBX? Anything? Let me know I will be happy to try and add it to next week’s report.