It sounds like he fancies you, yes. He also sounds quite shy, so if you are interested in him, you may have to take things a bit gently. If you chat to him, are friendly and maybe have a drink together, he will probably feel more confident.
I agree with wordy. He sounds bashful. Let him take it at his own pace but give him the odd nudge now and again to keep the momentum going. Remember, a boy chases a girl until SHE catches him. :)