OBX Real Estate Market Updates: Know Your Options

New listing for a Corolla home.The Outer Banks real estate market is hot, and you might be wondering what’s in store for the rest of the year. Whether you’re a buyer or seller, you want the latest information to make informed decisions. Deciphering the market trends on your own can be challenging, but there are plenty of resources available. Let’s explore where to find OBX real estate statistics, and how to make the most of them.

The Outer Banks Association of Realtors’ website is an excellent source for the latest market analysis. Monthly reports on the entire Outer Banks are readily available and can be accessed via this page – it is one of the best ways to gauge the real estate situation island-wide. The reports offer key insights such as the median sale price and days on the market for residents, condos, and land. By studying the graphs and charts provided in these reports, you can get a better grasp of market trends, fluctuations, and more.

Another place to find OBX real estate reports is through local realtor websites. Be sure to look for market reports published by firms that have their fingers on the pulse of the area you’re interested in. For example, Scott Team Realty offers town-specific market reports on its web page. You can access these town pages here and review the archive of reports available on the company website.

If you do not find the information you need in current reports, you can request custom reports that provide more in-depth information about a particular street or subdivision. Seasoned OBX real estate agents can research the local MLS numbers for you and provide you with the latest data to help you make informed decisions. Jeff Scott and Sandy Martin of Scott Team Realty have been studying the OBX real estate market for over twenty years and have a wealth of knowledge and resources at their disposal. Trust Jeff and Sandy for all your OBX real estate needs!

Experience the best of Currituck Club living in this stunning local listing in Corolla. Situated near the fifth tee, this well-maintained home offers a plethora of updates completed by the seller in recent years, ensuring its readiness for the years to come. Don’t forget to ask your Realtor for the updated list of improvements.

Not only is this property a great place to call home, but it also serves as an incredible vacation rental, with almost complete bookings from May through September for the past three years. Take advantage of the fantastic pool area, spacious entertainment room, and an abundance of outdoor space, including over 1200 square feet of sun decks and 1300 square feet of covered decks for all your Outer Banks activities. Whether you prefer to relax in a hammock or watch golfers on the fourth green, this location offers the perfect blend of tranquility and entertainment.

Conveniently positioned equidistant from the beach and the clubhouse, you’ll be able to easily access both. Not to mention, the floor plan of this home is simply ideal for entertaining and enjoying all that the Outer Banks has to offer. Don’t miss out on this incredible opportunity – schedule a viewing today!

By Jeff Scott, Owner of Scott Team Realty