Waynesville Market Reports

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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.

Broker/Realtor

Posted by Susie Blackmon | Currently No Comments »

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.

Read the rest of this entry »

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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

Posted by Susie Blackmon | Currently No Comments »

Waynesville (Haywood County), NC - Market Report - May 2008

June 3rd, 2008 Categories: Waynesville Market Reports

Waynesville, NC recorded 23 residential real estate sales in May 2008 as of 06/01, and the average number of days it took to sell the 23 homes was 178. The number of homes on the market in Waynesville as of this morning (June 3) is 567.

Absorption Rate.

Selling 23 homes per month with 567 on the market as of 06/03 equates to an absorption rate (i.e., inventory) in Waynesville of approximately 24.7 months, which is an increase from last month. More homes have gone on the market (April 30 there were 523 homes on the market in Waynesville; today there are 569 Waynesville homes on the market). So far, we are not reducing our inventory.

Price Reductions.

The most expensive home sold in May in Waynesville was SOLD for $685,000; the least expensive home sold was SOLD for $45,000. The average price reduction/discount was 6.3% off of the asking/listing price.

Source: MLS. Data deemed reliable but, not guaranteed.

See the Haywood County, NC Market Report.

See my Waynesville, NC Archive of Market Reports.

Search the Haywood County, NC MLS.

Broker/Realtor

Posted by Susie Blackmon | Currently No Comments »

Waynesville, NC Market Snapshot - 05/26/08.

May 26th, 2008 Categories: Waynesville Market Reports

We need to lower prices and sell some homes in Waynesville, NC. There have been 19 homes sold so far in May, taking an average of 194 days to sell. Waynesville’s inventory of homes for sale is on the rise, considering we had 514 homes for sale on April 26, and today we have 553 homes on the market.

Source: MLS. Data deemed reliable but, not guaranteed.

See my Waynesville, NC Archive of Market Reports.

Search the Haywood County, NC MLS.

Broker/Realtor

Posted by Susie Blackmon | Currently No Comments »

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.

Posted by Susie Blackmon | Currently 1 Comment »

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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Waynesville (Haywood County), NC - Residential Real Estate Sales - March 2008.

April 1st, 2008 Categories: Waynesville Market Reports

Waynesville, NC recorded 20 residential real estate sales in March 2008 as of 03/31, and the numbers reflect higher average listing prices and higher average selling prices than recorded in February 2008, but slightly lower than January 2008 prices. The number of homes on the market in Waynesville as of March 31 is 494.

Absorption Rate

Selling 20 homes per month with 494 on the market as of 03/31 equates to an absorption rate (i.e., inventory) of approximately 24 months - - which also means Buyers have many choices. Averaging out our sales-to-inventory over the first quarter of 2008 on an annual basis also gives us an absorption rate of 24 months based on what is normally our ‘quietest’ season. A more rapid decrease in inventory should be evident during the second quarter. There are many opportunities to find a great buy on a home in beautiful Waynesville!

Source: MLS. Data deemed reliable but, not guaranteed.

See the Waynesville, NC Homes on Market by Price Range as of 03/22/08.

See other Waynesville, NC Real Estate Information.

Search the Haywood County, NC MLS.

Posted by Susie Blackmon | Currently No Comments »

Waynesville (Haywood County), NC - Residential Real Estate Sales - March 2008.

April 1st, 2008 Categories: Haywood County Market Reports, Waynesville Market Reports

Just as Waynesville has the most homes on the market in Haywood County, NC, so too does it have the most homes going into escrow (during November 1, 2007 through March 31, 2008).

Twelve homes went into escrow during March 1 through March 31, 2008. The average listing price of $239,950 for the homes that went into escrow in March is of note compared to the average selling price for homes closed in March of $249,497.