If we look at a recap of 2025, the story is small changes from 2024.
Take a look:
Category 1 – Closing Price
|
2024 |
2025 |
||
| Closed Full Price |
20.94% |
19.5% |
Down |
| Over List Price |
11.38% |
9.36% |
Down |
| Under List Price |
67.88% |
71.14% |
Up |
| Total # Sold |
2,206 |
2,190 |
Down |
Either sellers are getting more aggressive on pricing, or buyers are offering less overall.
Category 2 – Basic Activity comparing January 2025 to January 2026
|
2025 |
2026 |
|
| Status to U/C |
179 |
181 |
| Median DOM |
40 |
54 |
| New Listings |
328 |
297 |
| Price Changes |
190 |
196 |
| Total Sold |
162 |
153 |
| Median DOM |
65 |
38 |
Category 3 – Current Market Absorption comparing January 2025 to January 2026
|
2025 |
2026 |
|
| Active Homes |
568 |
529 |
| Under Contract |
246 |
256 |
| % of INV U/C |
18% |
19% |
| Absorption Rate |
5.9 |
5.5 |
If you would like to set an appointment to detail a plan for accomplishing your 2026 OBX real estate goals, let me know, and we will set something up!
