Seven residential real estate sales were recorded for Maggie Valley, NC in May 2008 as of 06/01. It took approximately 174 days to sell the 7 homes. The number of homes on the market in Maggie Valley as of this morning (June 2) is 282.
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. 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.
See the average discount percentage for homes sold in May here.
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
BuckingtheRealEstateTrend.com
COLDWELL BANKER Kasey & Associates
Maggie Valley, Waynesville and beyond
Cell: 
828.550.3767
Email: susieblackmon@msn.com
IT IS ALL ABOUT THE CLIENT, not the realtor. Real estate blog with market reports, statistics, photography, marketing, technology, localism for Maggie Valley, Waynesville, etc., Haywood County, NC.
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Lordy Susie, It looks as if you guys don't need another listing. Quit spraying buyer off to get rid on the dears that would be buying your inventory. What y'all need is a spray that will attract buyers like bees to honey. I guess that today's graphic sums it up - pitaya or pitiful - like your graphics! Cool!
Another nice presentation, as always. But you're right about your inventory. You've been saying that it's on the rise. You guys need some sales! =/