Sales data comparison for years 2006 and 2007 for mountain real estate in Jackson County, NC. Data is derived from the Northern Jackson County MLS.
TOTAL UNITS (Residential and Land)
2006-521 units
2007-426 units
Avg. Sales Price
2006-$155,800
2007-$162,002
Avg. Days on Market
2006-235 days
2007-208 days
RESIDENTIAL UNITS
2006-305 units
2007-237 units
Avg. Sales Price
2006-$191,777
2007-$201,006
Avg. Days on Market
2006-174 days
2007-156 days
LAND UNITS
2006-199 units
2007-174 units
Avg. Sales Price
2006-$41,000
2007-$45,000
Avg. Days on Market
2006-326 days
2007-260 days
The major difference between 2006 and 2007 was the low volume of buyers entering the market, evidenced by the 18.23% decrease in Total Units Sold. Days on Market for total units decreased 11.4%, with Residential prices going up by 4.8%. Land sale prices reduced by 8.97% from 2006 to 2007.
Land sales in Jackson County, NC. My experitise in land brokerage is achieved through knowledge of the available properties and understanding the attributes and limitations of each tract.
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