July Stats-Sales during first 7 months are up 5% as compared to sales for same time in 2010.

The biggest gains were in land sales which increased 28%. The median sales price for end of July for Residential Sales (not including condos) was $352,469, as compared to 2010 at $330,425. Another interesting stat is the number of  Residential listings listed as a potential short sale has dramatically declined while the number of sold bank owned sales have dramatically risen. See charts below from Outer Banks Board of  Realtors.