Archive for the 'Maggie Valley Market Reports' Category
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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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.
Broker/(REALTOR®)
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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.
Broker/Realtor
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Maggie Valley (Haywood County), NC - Market Report - May 2008
June 2nd, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 7 residential real estate sales in May 2008 as of 06/01, and the average number of days it took to sell the 7 homes was 174. The number of homes on the market in Maggie Valley as of this morning (June 2) is 282.
Absorption Rate.
Selling 7 homes per month with 282 on the market as of 06/02 equates to an absorption rate (i.e., inventory) in Maggie Valley of approximately 40 months, which is an increase from last month. More homes have gone on the market (April 30 there were 259 homes on the market in Maggie Valley; today there are 282 Maggie Valley homes on the market), and too few are being sold to reduce our inventory.
Price Reductions.
The most expensive home sold in May in Maggie Valley was SOLD for $425,000; the least expensive home sold was sold for $143,000. The average price reduction/discount was 8.7% off of the asking/listing price.
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Market Report.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/Realtor
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What Homes Have Been Selling in Maggie Valley, NC?
May 27th, 2008 Categories: Maggie Valley Market Reports
An analysis of residential real estate sales in Maggie Valley, NC over the past [almost] 6 months yields 47 sales (12/01/07 through 05/27/08). It is interesting to look at the number of sales (1) per month, and (2) by price range.
Maggie Valley Sales by Month.
December = 15
January = 7
February = 6
March = 9
April = 7
May = 3 (to date)
Source: MLS. Data deemed reliable but, not guaranteed.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/Realtor
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Maggie Valley, NC Market Snapshot - May 26, 2008.
May 26th, 2008 Categories: Maggie Valley Market Reports
It is taking a very long time to sell a home in Maggie Valley, NC, if you consider the 3 homes that closed so far in May were on the market an average of 286 days. The recorded selling prices were an average of 7.34% less than the listing prices.
Source: MLS. Data deemed reliable but, not guaranteed.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/Realtor
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Does It Look Like Our Residential Listings Are Overpriced?
May 20th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
This morning there are 1,137 active listings in Haywood County, NC. There were 1,080 active listings on May 1st… ‘that’ is an increase of 57 more homes on the market in 20 days, countered by the transactions in escrow during May, so far, totaling 12.
Days on Market.
Active listings in Haywood County have been on the market, so far, an average of 173 days; Maggie Valley active listings, 201 days; and Waynesville active listings, 167 days.
Haywood County closed transactions were on the market an average of 168 days; Maggie Valley, an average of 221 days; and Waynesville, an average of 176 days.
The Reality.
Many homes in Haywood County, Maggie Valley and Waynesville are way overpriced for the present market unless, of course, selling isn’t the goal.
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Archive of Market Reports.
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
Source: MLS. Data deemed reliable but, not guaranteed.
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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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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