Archive for the 'Market Reports' Category
Waynesville (Haywood County), NC - Market Report - 06/30/08.
July 3rd, 2008 Categories: Waynesville Market Reports
Waynesville, NC recorded 18 residential real estate sales in June 2008, and the average number of days it took to sell the 18 homes was 165. Very sluggish activity, considering the constant increase in the number of homes on the market.
The most expensive home sold in June in Waynesville SOLD for $440,000; the least expensive home sold SOLD for $45,000. The number of homes on the market in Waynesville as of this morning (July 3) is 590, up from 568 on June 1.
Absorption Rate.
The absorption rate is startling at 32.9 months. The inventory of homes on the market in all of Haywood County has increased 33% since January 2008.
Source: MLS. Data deemed reliable but, not guaranteed.
See the June Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Maggie Valley (Haywood County), NC - Market Report - 06/30/08.
July 2nd, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 15 residential real estate sales in June 2008 as of 07/01, and the average number of days it took to sell the 15 homes was 124. Compared to the previous 5 months, Maggie Valley is rocking!
The most expensive home sold in June in Maggie Valley SOLD for $437,500; the least expensive home sold for $85,000. The number of homes on the market in Maggie Valley as of today (July 2) is 279.
Absorption Rate.
Maggie Valley’s absorption rate for June is drastically improved when compared to the previous 5 months! Let’s hope we are starting a trend.
Source: MLS. Data deemed reliable but, not guaranteed.
See the June Haywood County, NC Market Report.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Haywood County NC - Market Report 06/30/08.
July 1st, 2008 Categories: Haywood County Market Reports
The Haywood County NC Market Report below includes residential real estate sales for Maggie Valley, Waynesville, Canton, Clyde and Lake Junaluska. The number of homes on the market in Haywood County since January 2008 has increased 29.4%. We need Biltmore Estate-sized logs to support everyone standing ‘on the fence’ at the moment.
Market Price Correction?
The Average Asking and Average Selling Prices in June are the lowest recorded this year. Unit sales are not near what they need to be; however, an early positive indication of the market price ‘corrections’ may be the decrease in days on market… if it persists.
Absorption Rate (Bigger is Not Always Better).
The inventory/absorption rate of homes presently on the market, based on 43 sales in June, is 28.7 months, the highest monthly absorption rate since January 2008. I said the same thing last month.
Haywood County, NC Active Listings as of 06/30/08
Haywood County Homes for Sale - Active - 1,234 Properties Found
Haywood County Land and Farms Properties - Active - 1,672 Properties Found
Maggie Valley Homes for Sale - Active - 286 Properties Found
Waynesville Homes for Sale - Active - 593 Properties Found
Clyde Homes for Sale - Active - 168 Properties Found
Canton Homes for Sale - Active - 159 Properties Found
Source: MLS. Data deemed reliable but, not guaranteed.
See my Haywood County, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Beautiful Maggie Valley Log Home, Spectacular Views, REDUCED $101,000.
June 30th, 2008 Categories: Luxury and Second Home Market, Maggie Valley Market Reports
The views from this ‘oversized log home’ in Maggie Valley were so beautiful, and truly breath-taking, that I didn’t want to leave when we finished our cookie cutter ‘realtors on caravan’ tour a couple of months ago. Selling my soul to stay up there came to mind. (No, it is not my listing, darn it.)
The price of this home was reduced on June 16th by $101,000 to $899,000 (MLS #413357). The [winter] photos posted for the listing do the home no justice (sorry, but that’s my opinion). This home is in Country Club Cove Estates in Maggie Valley, at 4200′ on a level ridge lot, and guest quarters that sleep 16… or your spouse!
There are more spectacular luxury homes for sale hidden here in the mountains of Western North Carolina, and with the overabundance of inventory here and almost everywhere, price reductions and deals are ripe for the picking. If only I had a trust fund…
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Hottest Sellers/Deepest Discounts in Real Estate in Haywood County, NC?
June 28th, 2008 Categories: Haywood County Market Reports
Year-to-date sales statistics for Haywood County, North Carolina, as of June 27, 2008 clearly indicate (see first chart below) that homes priced between $100,000 to $199,999 are the hottest sellers right now (relatively speaking); i.e., our ’sweet spot.’ Sales in this price range totaled 104 (38%) of the total sales to date in 2008 of 271. Now that’s almost as hot as Joey’s Pancakes!
The lowest priced homes ($1,000 - $99,999) were discounted deepest, at an average of 15.1% (see second chart below), with homes in the $300,000 to $399,000 reflecting the second deepest discount of 7%.
See the 5-Year Sales Statistics Comparison as of 06/27/08 here.
Need more market information? Let me know!
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports.
See the Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Haywood County, NC 5-Year Sales Comparison as of 06/27/08.
June 27th, 2008 Categories: Haywood County Market Reports
Today’s analysis of Haywood County, NC residential sales for the period January 1 to June 27, 2008, compared to the same period for the previous 4 years, continues to render 2008 as ‘owning’ the lowest number of sales title, as well as the highest number of days-on-market title. Does market correction come to mind?
Source: MLS. Data deemed reliable but, not guaranteed.
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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What Can You Buy for $200,000 in Waynesville, NC?
June 24th, 2008 Categories: Waynesville Market Reports
Yesterday I reported on homes for sale in Maggie Valley, NC in the $190,000 to $200,000 price range. Today in Waynesville, NC there are 589 homes on the market. The statistics for these 589 listings are: Average Listing Price = $401,818; Median Listing price = $298,500; averaging 170 days on market; least expensive listing = $39,900; most expensive listing = $3,950,000. ©Susie Blackmon Photos
That being said, are you wondering what kind of home you will find in Waynesville if you want to spend between $190,000 and $200,000? According to my MLS search this morning, there are thirteen homes in this price range in Waynesville.
Here are some of the great features that are mentioned in the listing descriptions for these 13 Waynesville homes on my MLS search this morning — secluded, views, porch overlooking rushing stream, cascading stream, creek, 2 master suites, fireplace in kitchen, fish pond, and also commercial possibilities! Read more about the homes in this price range below.
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What Can You Buy for $200,000 in Maggie Valley, NC?
June 23rd, 2008 Categories: Maggie Valley Market Reports
Beautiful Maggie Valley has 283 homes on the market today. Let’s say you were looking for a home in Maggie Valley priced between $190,000 and $200,000. Just what can you buy here for approximately $200,000?
The seven homes in this price bracket that resulted from my MLS search this morning had some very nice features — including stone and wood burning fireplaces, creekside location, corner lot, lush landscaping, panoramic views, and even income producing, to name a few. Below are the descriptions printed on our MLS describing the seven listings. You can steal buy a nice mountain home for your money these days!
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Maggie Valley, Waynesville, Haywood County, NC - Market Report 06/21/08.
June 21st, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
The Market Report below includes residential real estate statistics for Maggie Valley, Waynesville, and all of Haywood County, NC. The number of homes on the market in Haywood County since March 1, 2008 has increased 25%. Median and Average Listing as well as Selling Prices are broken out for June to date, in addition to being broken out for the year to date, on the chart below.
Absorption Rate.
The inventory/absorption rate (last line of chart above) of homes presently on the market has not started to improve yet, and in fact has increased just a bit based on sales to date.
Haywood County, NC Active Listings as of 06/21/08
Haywood County Homes for Sale - Active - 1,221 Properties Found
Haywood County Land and Farms Properties - Active - 1,701 Properties Found
Maggie Valley Homes for Sale - Active - 283 Properties Found
Waynesville Homes for Sale - Active - 587 Properties Found
Clyde Homes for Sale - Active - 164 Properties Found
Canton Homes for Sale - Active - 157 Properties Found
Source: MLS. Data deemed reliable but, not guaranteed.
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Canton (Haywood County), NC - Land Statistics.
June 19th, 2008 Categories: Canton Market Reports
Canton, NC has 169 active land listings (06/18/08), in addition to the 157 active residential listings. Several people have asked how land is selling in Canton… the answer is slowly. Average listing and selling prices are higher at the present time, but the total number of sales are down, and the average days on market for the active land listings is 189.
Source: MLS. Data deemed reliable but, not guaranteed.
See a great Canton mailbox!
See my Canton, NC Archive of Market Reports.
See my Haywood County, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/(REALTOR®)
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