Henderson County North Carolina Market Update April 2009

WNC Regional MLS Reports

308 Total Sales

Average List Price $248,871

Average Sales Price $231,873

* Seller’s achieved 93.2% of a realistic asking price.*

Average days on the market: 154

Month-End inventory 8,592

Absorption Rate: 27.9 months

So here is what's selling:

263 Residential Sales

Average list price $231,028

Average sales price $214,635

* Seller’s achieved 92.9% of a realistic asking price.*

Average days on the market: 142

Month-end inventory: 7,099

Absorption Rate: 27 months

31 Condos Sales

Average List Price $390,054

Average sales price $367,067

* Seller’s achieved 94.1% of a realistic asking price.*

Average days on the market: 222

Month-end inventory: 846

Absorption Rate: 27.3 months

12 Townhome Sales

Average list price $261,083

Average sales price $243,817

* Seller’s achieved 93.4% of a realistic asking price.*

Average days on the market: 245

Month-end inventory: 411

Absorption Rate: 34.3 months

2 Preconstruction

Average list price $333,500

Average sales price $331,400

* Seller’s achieved 99.4% of a realistic asking price.*

Average Days on the market: 94

Month-end inventory: 234

Absorption rate: 117 months

In April of 2008
392 homes sold
Average List Price $293,604
Average Sales Price $278,147
*Seller’s achieved 94.7% of a realistic asking price.*
Average days on the market: 131
Absorption Rate: 17.1% months

Our market is looking to have a good year as other tough markets are reporting movement and sales. We are a destination market.

Buyer's have the best opportunity to achieve affordable home ownership. The $8,500 first time home buyer's tax credit confirms that it's never been a better time to buy.

Please call Mary direct at 828-489-9354 to discuss your specific real estate needs. I would be honored to help you achieve your real estate goals.