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Hendersonville NC - Western NC Regional MLS Residential December Market Report

Hendersonville NC - Western NC Regional MLS Residential December Market Report

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2010 November Residential
Statistics

2011 November Residential
Statistics (Adjusted 01/12/12)
Single-Family Homes Sold 333 Single-Family Homes Sold 403
Average Days on Market 185 Average Days on Market 191
Average Selling Price $254,288 Average Selling Price $236,855
Month End Inventory 8,866 Month End Inventory 7,928
Average List Price $278,604 Average List Price $260,659
% Difference Sale to List 91.3% % Difference Sale to List 90.9%
2010 December Residential
Statistics
2011 December Residential
Statistics
Single-Family Homes Sold 399 Single-Family Homes Sold 378
Average Days on Market 185 Average Days on Market 191
Average Selling Price 237,168 Average Selling Price $231,025
Month End Inventory 7,879 Month End Inventory 6,963
Average List Price $259,821 Average List Price $250,571
% Difference Sale to List 91.3% % Difference Sale to List

92.2%

These stats are for the 5 counties served by our Multiple Listing Service and are for residential properties only, not including condo's, lots/land.

Inventory is lower in part due to many properties not renewing their listing contracts and waiting until the Spring to do so.

The strong buyers market continues. Buyers still have a great selection to choose from including short sales and foreclosures which generally take some patience as they are slow moving. Low interest rates continue and I can't imagine a better time for buyers/investors in a position to purchase than now. Come see what all gorgeous Western NC has to offer.

For further info and properties for sale in Hendersonville, Asheville, Brevard and Haywood and Madison County visit Robin's Website.

Posted Thursday Jan 12