The real estate market in western North Carolina, including the areas in and around Hendersonville, Pisgah Forest, Connestee Falls, and Brevard, is very seasonal. Typically, the “buying season” starts in the spring, sometime before Memorial Day and peaks during the summer months. After the kids start going back to shool business slows slightly but picks up again during the leaf season. After Thanksgiving, or the end of leaf season (whichever comes first), the streets are quiet until the following spring when we ramp up once again.
This year has been no exception and while the overall numbers are reflective of the downturn in the economy, the pattern is the same.
In Henderson County, there were 111 homes closed during the month of June, a 29% increase over May, but only a very slight increase over June 2008 when there were 108 closings. Much like the neighborhing Brevard area in Transylvania County, the largest number of sales occured in the $100-$300K price range. There were 13 closings at $100K or less; 44 at $100k-$200K; and 34 closings in the $200-$300K price range. Homes in the $300-$400K price range had 12 closings. And there 4 closings in the $400-$500K range and in the $500K and up price range.
The average selling price in June was $220,091, only slightly higher than May, but it was a 20% drop from June 2008. The median price was $197,000, only a $10,000 increase over May and an 8% drop from the year before.
For more information about homes and land for sale in the Hendersonville or Brevard area, visit the Clay Team online at brevardncproperty.com, or call 828-551-6290/551-6291.
The real estate market in western North Carolina, specifically the Brevard area, is very seasonal and typically ebbs and flows in synch the visitor industry. Season will begin in the spring, usually around May, followed by a peak during the summer months. Business slows after the kids start going back to shool but peaks again during the leaf season. After Thanksgiving, or the end of leaf season (whichever comes first), the streets are quiet until the following spring when we ramp up once again.
This year has been no exception and while the overall numbers are reflective of the downturn in the economy, the pattern is the same.
In June there 25 residential closings, a marked uptick from May when there were only 14 homes closed. For the first time since February, homes in the $200K to $300K price range outpaced any other bracket with a total of 9 closings. In the $100K-$200K range, the numbers dropped off slightly from 9 closings to 5. There were 5 closings in the $300K-$400K range, the most significant increase in that price range since October 2008. Two homes closed in the $400K-$500K range, an increase from the month before. And 3 homes closed in the $500K and up price range, marking the best month in that price range since December 2008.
As a result, the average closing price in June increased to $292,280, a 42% increase over May. It is also nearly a 13% increase over June 2008. The median price was $274,000 for a 39% increase over May and a 29% increase over the same time last year.
For more information about homes and land for sale in the Brevard, NC area, visit the Clay Team online at brevardncproperty.com, or call 828-551-6290/551-6291.
If you are thinking about buying a home, and especially if you are a first time home buyer, this is a great video that explains how the $8,000 credit works. I wrote about this in an early post, First Time Home Buyer Credit. Get it while you can! and this really helps sum it up.
Six miles south of downtown Brevard is the golf course community of Connestee Falls.....
Connestee Falls is so much more than a "golf course community". From the start the area was ecologically designed to
preserve the environment and today this 3,900 acre “neighborhood” is as much a park as it is a great place to call home. Deer and other wild life are common place and, along with the woodlands and spectacular mountain views, they are part of the community’s natural beauty.
Connestee Falls is a unique blend of seasonal and year round residents. Approximately half of the homeowners live here year round. But whether you live in Connestee year round, or only visit part of the year, when you’re here, you can stay as busy as you choose to be….or not to be.
At the center of activity is the Connestee Falls Clubhouse where you’ll find the Overlook Dining Room, community rooms, a library, the lower level grill, and the golf pro shop. The 6,000 yd. 72 par golf course designed by George W. Cobb is beautifully maintained and offers up some of the most spectacular scenery and challenging golf around. And thanks to our moderate climate, the course and practice facility are open year round.
Recreational choices at Connestee also includes tennis, hiking trails, a heated swimming pool, a fitness center, and four lakes and parks where you can fish for trout, bass or bream. Plus there are active social groups and clubs for just about every interest from amateur theater to photography and gardening.
There are currently about 1,300 homes in Connestee ranging from condominiums, to small mountain chalets, to larger family size homes. You’re sure to find something that fits your 
needs. Or, consider one of the residential lots that are available where you can build your dream home or rustic mountain getaway.
Connestee Falls is located at approximately 3,300 feet elevation at it highest point making it a perfect spot to escape the heat of the summer months and enjoy the cool mountain breezes. It is within a one-hour drive to Greenville-Spartanburg Airport or Asheville Regional Airport.
For more information on Connestee Falls, or other great communities in and around Brevard, North Carolina, give us a call or visit us online at BrevardNCProperty.com
Western North Carolina is a rich agricultural area and the summer is a great time of year to enjoy the bounty of locally grown fruits and vegetables. Juicy ripe peaches, wonderful tomatoes of varying size and color, mountain blueberries, dozens of varieties of squash, greens, potatoes and more are fresh from the fields right now and available at local tail gate markets and farms. 
Whether you visit a small local tail gate market, or the large state run WNC Farmers Market in Asheville, you are assured of finding plenty of "good eats". While you're shopping for fruits and vegetables, don't miss the locally made cheeses, grain fed organic meats, organic honey, and garden fresh flowers to round out your table.
This past weekend, I hit two small tail gate markets as well as the WNC Farmers Market. For the very best selection, and while it's still cool, go early in the day. Be sure to bring a large basket or canvas bag to carry your goodies home in. This time of year, it's also a good idea to bring along a cooler with ice, or one of those thermal bags in case you buy cheese, eggs, or any other perishables.
The first stop was the N. Asheville Market on the campus of UNC. All the tents and tables were set up under the trees and by the time we got there at 10, it was already buzzing with activity. Honestly, it was so hard for me to choose what to get. It was all great. I settled on some kale that was different from any I've seen in the stores, some incredible fresh made Chevre cheese with ginger in it, some braising greens, fresh salad greens, and organic patty pan squash.
The next stop was another small market in Asheville where I snagged some amazing bread, sweet onions, and some other veggies that were destined for the grill that night.
Our final stop was the WNC Farmers Market. This is where local restaurants and stores also buy their fresh goods. There is a special section just for commercial buyers and there is a large building for the rest of us. This is where I bought my peaches and tomatoes. If you don't live in an agricultural area and are reliant on a chain grocery store for "fresh" vegetables....you don't know what you're missing. The peaches come from just over the border in SC. The tomatoes are local. Both are packed with freshness and flavor that you don't get when they've been picked too soon and shipped across country. Of course, there were plenty of beans, squash, onions, potatoes, honey, cantaloupes, flowers, and herbs from local farms, as well as a few non-food craft booths.
By the time we headed home, the car was filled with the smell of peaches and I couldn't wait to start cooking!
Below are just a few of the local markets. For a complete list and more information about local tail gate markets, growers, and farms in this area visit http://www.asapconnections.org/
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The Clay Team is your source for homes, investment properties, and land for sale in the Brevard, NC area. Also serving Hendersonville, Pisgah Forest, Connestee Falls, Glen Cannon, Sapphire.
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