November 2025 OBX Market Report

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Soundfrontsobx.com –

Report (November

Soundfrontsobx.com OBX Market

Report – November 2025

• This report is provided to you by Rick Kinne (REALTOR) with Keller Williams Outer Banks in Southern Shores, North Carolina. It is a monthly feature for my soundfronts OBX Facebook page and soundfrontsobx.com website, intended to keep you informed of the local real estate market.

• I preface this report with the following: The Outer Banks Association of Realtor’s disclosure is printed on all of OBAR’s statistical reports and reads as follows:

“This representation is based in whole or in part on data supplied by, and to the Subscribers of the Outer Banks Association of REALTORS® Multiple Listing Service. Information contained herein is deemed reliable but not guaranteed. Data maintained by the OBAR MLS is for its own use and may not reflect all real estate activity in the market.”

”Active and Under Contract” data pulled 12/1/25. All other data pulled 12/5/25.

Soundfrontsobx.com OBX Market Report

– November 2025

• Sales also take place through For Sale By Owner (FSBO’s) and Real Estate Agents who are not Realtors and therefore don ’t have MLS access, etc. However, I don ’t believe that amount is significant.

• The Outer Banks market covered by OBAR is a bit unique. It’s a mixed market but it’s primarily a vacation/rental home market. Coverage stretches from lower Currituck County and the Dare County mainland, all along the beaches from Carova through Ocracoke. However, increasingly, we are seeing more properties within our MLS from outside of the core Outer Banks as local agents expand the markets they work in, and agents from outside of the local area also work here.

Executive Summary

• Sales continue to be deterred by higher interest rates and higher prices

• Unit sales are up by 2.4% while sales volume is down .6% over this time last year

• The overall median price is up 3% for Residential and down 7% for Land

• Under Contract listings are up 60% for Residential

• Average Days on Market (DOM) is up 14 days and is at 69

• Inventory is up 2% for Residential and down 6% for Land

• The overall absorption rate is down by 2% for Residential and up 12% for Land

Residential Market Snapshot for November 2025

Land Market Snapshot for November 2025 YTD

November 2025 Statistics By Town …

It’s always a good time to strategize and plan! Please feel free to call me to begin that process or to just talk about a specific market.

Corolla - November 2025 YTD

Duck - November 2025 YTD

Southern Shores - November 2025 YTD

Kitty Hawk - November 2025 YTD

This representation is based in whole or in part on data supplied by, and to the Subscribers of the Outer Banks Association o f R EALTORS® Multiple Listing Service. Information contained herein is deemed reliable but not guaranteed. Data maintained by the OBAR MLS is for its own u se and may not reflect all real estate activity in the market. B ased on information from the Outer Banks Association of REALTORS® for the period (12/1/2024) through (11/30/2025)

Kill Devil Hills - November 2025 YTD

Colington - November 2025 YTD

Nags Head - November 2025 YTD

Roanoke Island - November 2025 YTD

All Hatteras Island - November 2025 YTD

Currituck Mainland- November 2025 YTD

Ocracoke - November 2025 YTD

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