Which Haywood County Homes are Selling Fastest, with the Smallest Discount?
May 12th, 2008 Categories: Haywood County Market Reports
Residential sales to date for the period of January 1 through May 12, 2008 total 195. We sold 94 (32.6%) fewer homes compared to the same period in 2007.
The $100,000 to $300,000 range makes up 131 of the 195 homes sold so far in 2008. (See the Active Listings by Price Range as of 05/05/08.)
Homes Sold at Smallest Discount.
Would you have guessed that the most expensive home sold had the smallest (as in zero) discount from the listing/asking price? Did I mention it took 609 days to sell? It is interesting that the lowest priced homes sold had the largest discount percentage.
Fastest Sellers!
The homes that sold the fastest were 2 homes in the $800,000 to $899,999, followed by the lowest priced homes ($1,000 to $99,999).
See Haywood County, NC Active Listings by Price Range as of 05/05/08.
See the Haywood County, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Want to list your house? Call (828-550-3767), email me (button above) or Twitter me!
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Hoarding MLS Data May [Will] Soon Be A Thing of the Past.
May 12th, 2008 Categories: Hot Local Topics
Loving transparent (i.e., bare naked) real estate as I do, the link that arrived early this morning (via my Twitter) to a New York Times article about ‘real estate lists growing comfortable with the web’ was like a big swirl of freshly whipped cream on my strong, hot… coffee.
“The trend revolves around the nation’s roughly 900 multiple listing services, or M.L.S.’s, where local brokers post information about homes they are selling. In years past, these services were highly restrictive about where and how that information could be distributed — for instance, frequently not permitting Web sites to display M.L.S. listings alongside for-sale-by-owner homes, bank foreclosures or other properties not represented by real estate agents.”
Read the entire article here.
Read my previous comment about this controversial subject: Let Loose of the Real Estate Data.
Given my passion for transparency in real estate, and maybe an ‘outside the box’ sense of humor, this is the perfect opportunity to post this photo of one of the funniest ‘real estate signs’ I have ever seen. “For Sale By Owners” (or ‘fizbos’ behind-the-scenes) in many instances end up being our biggest fans.
In the meantime, give the public what they want. All pertinent data, including ALL days on market!
What do you think?
Got questions? I’ll answer them.
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BUY HAYWOOD… The Whole Bloomin’ Thing!
May 11th, 2008 Categories: Community, Hot Local Topics, Videos and Slideshows
Yesterday I stopped by the sixth annual Whole Bloomin’ Thing Festival before they even opened for business and took a few photos (see slide show below). The Festival, held in Frog Level in Waynesville, NC, promotes local agriculture, local farmers, local artisans and craftspeople, and serves as the official kick-off of Buy Local Week which runs through May 17th, all in conjunction with the BUY HAYWOOD Market Development Project, which you can read more about here. Find local Farmers’ Markets here.
Watch the Stellar Media BUY HAYWOOD Video which won the Best of the Mountains Multi-media Communication Award. Just click the Tomato Head button!
Created with Admarket’s flickrSLiDR.
Search the Haywood County, NC MLS.
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Looking for Land in Maggie Valley, NC?
May 9th, 2008 Categories: Luxury and Second Home Market, Maggie Valley Market Reports
There are 248 active land listings in Maggie Valley, NC today. The ‘picture’ market report below breaks out Maggie Valley land listings by subdivisions. (Photo used with market report taken from Cataloochee Ranch.) Statistics for all 248 listings are:
Land for Sale with Creek Feature.
A search for land available with a creek in Maggie Valley yielded 34 active listings, ranging in price from $27,000 (.28 acre) to $3,336,000 (278 acres).
Average Listing Price (Land with creek feature) = $466,244
Median Listing Price (Land with creek feature) = $117,400
Average Days on Market (Land with creek feature) = 234
Land Sales/Closings in 2008.
Land sales in Maggie Valley during 2008, to date, total 7:
Land sales in all of Haywood County, NC during 2008, to date, total 72:
Source: MLS. Data deemed reliable but, not guaranteed.
Don’t want to buy some land and build? Note that the active residential listings in Maggie Valley today total 264. Haywood County, NC residential listings offer 1,114 homes for consideration today.
See Haywood County, NC Active Listings by Price Range as of 05/05/08.
See the Haywood County, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Want a custom market report? Just let me know.
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Wondering What Subscribing to My RSS Feed Means?
May 8th, 2008 Categories: Videos and Slideshows
When asked recently the best way to subscribe to updates on my website, I have suggested to quite a few people that they use my RSS feed button. My RSS feed button is to the left, in my sidebar. Or, click on the button in this post.
The video below explains RSS feeds, and how they save you time, and bring the latest and the greatest to you, rather than you having to go look for new posts and information.
Don’t miss the liquor-by-the-drink update I just posted here.
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Liquor-by-the-Drink No Longer Bottled Up in Waynesville, NC.
May 8th, 2008 Categories: Hot Local Topics
The results of the first liquor-by-the-drink referendum in Waynesville since 1989 are in (9,155 for; 6,992 against), and Waynesville restaurants can now apply to sell and serve hard liquor. Read local referendum coverage here.
Ruth’s Chris Steakhouse… please call back!
Will this dilute demand for that now hard-to-find moonshine? Has anyone told Popcorn Sutton the news? He may be hard to reach… story ‘locked up’ here.
Popcorn Sutton on Flickr Photostream.
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Haywood County, NC - Residential Real Estate Sales - April 2008.
May 7th, 2008 Categories: Haywood County Market Reports
Haywood County, NC residential real estate sales in April 2008 totaled 52 in number as of 05/06/08, with lower average asking price and average selling prices compared to March 2008. However, the number of total sales (52) is the most homes sold in a month in Haywood County since November 2007. Maybe this will, in fact, be a trend!
Absorption Rate
Haywood County’s absorption rate as of the April 30 remains at 21 months.
Source: MLS. Data deemed reliable but, not guaranteed.
See Haywood County, NC Active Listings by Price Range as of 05/05/08.
See the Haywood County, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Waynesville (Haywood County), NC - Residential Real Estate Sales - April 2008.
May 7th, 2008 Categories: Waynesville Market Reports
Waynesville, NC recorded 25 residential real estate sales in April 2008 as of 05/06, and the numbers reflect higher average listing prices and higher average selling prices than recorded since December, 2007. There were 523 homes on the market in Waynesville on March 31st.
Absorption Rate
Selling 25 homes per month with 523 on the market as of 04/30 reflects a 21-month inventory/absorption rate, which is down from a 24 month inventory at the end of March. That is a start, and hopefully a great omen.
Source: MLS. Data deemed reliable but, not guaranteed.
See the archive of Waynesville, NC Real Estate Information.
Search the Haywood County, NC MLS.
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Maggie Valley (Haywood County), NC - Residential Real Estate Sales - April 2008
May 6th, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 7 residential real estate sales in April 2008 as of 05/06, and the numbers reflect the lowest average listing prices and lowest average selling prices in the past 7 months. The number of homes on the market in Maggie Valley as of April 30 was 259.
Absorption Rate
Selling 7 homes per month with 259 on the market as of 04/30 equates to an absorption rate (i.e., inventory) in Maggie Valley of approximately 36.6 months. Will May bring a reduction in inventory and increase in sales?
Source: MLS. Data deemed reliable but, not guaranteed.
See the Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Can You Name the Actress Who is Building a Home in WNC’s Balsam Mountain Preserve?
May 6th, 2008 Categories: Community, Developments and Subdivisions
The Wall Street Journal reported that Actress Andie MacDowell is building a home in beautiful, eco-friendly Balsam Mountain Preserve, just 10 to 15 minutes from downtown Waynesville, NC!
“Ms. MacDowell, 50 years old, starred in “Groundhog Day” and “Four Weddings and a Funeral.” A year ago, she paid about $1 million for a vacant lot of just under two acres in the Blue Ridge Mountains, part of the Balsam Mountain Preserve, a 4,400-acre development of 3,000 acres of protected land and 354 home sites. The houses, at elevations from 3,000 to 4,700 feet, can’t be larger than 4,500 square feet and must use materials that blend the building into the environment, according to a design-review board.“
Read the rest of the story.
Read more about Balsam Mountain Preserve.
See a Balsam Mountain Preserve video.
I would love an excuse to go back to Balsam Mountain Preserve!
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