Outer Banks Real Estate Market: Fall 2025
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The Outer Banks real estate market over the fall of 2025 has continued the downward trend from 2024. Sales have been sluggish with 340 sold compared to 408 in 2024, with average days on market for sold properties increasing to 74 from 60 days, while active listings are averaging 121 days on the market. Once bright spit is that prices are trending up slightly, with the current average sold price in 2025 at $854,215 compared to $799,528 at the same time in 2024. Currently, there are 539 active listings with 141 under contract, with an average list price of $1,068,466 and an under-contract price of $904,480. As we approach the holidays the market typically goes quite until mid-January. Mortgage rates have come down since the summer which brought a small splurge of buyers but continue to keep buyers on the sidelines. However, there is light at the end of the tunnel as rates are forecasted to continue to move downward. This could be setting the stage for buyers who have been on the sidelines to return in the spring. Time to start your search? Schedule a time to see the options firsthand and find your ideal home or rental property. Can’t make the trip down just yet? Stay up to date with the Outer Banks real estate market by signing up for a Listing Manager account or receive the new and improved Market Reports. These tools will keep you informed on market trends and help you refine your search. For a personalized touch, share your search criteria, and I’ll create an automatic email search tailored to your preferences. Want to Sell Your Outer Banks Property If you’re considering selling your house—or know someone who might—Discover your property’s value today with a *Free Home Valuation* to help set the right price and attract more interest from serious buyers. Overpricing may deter potential buyers, leading to extended market time and possibly affecting the final sale price. Trust a Proven Realtor with Your Outer Banks Real Estate Needs 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 monthly real report?? Different stats? More info about the OBX? Anything? Let me know I will be happy to try and add it to next month’s report. |
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