Like much of the country, real estate sales in Haywood County NC has seen a slow start to the year. The following stats are for 1/1/08- 2/29/08 and are for residential, condo, and townhouses.
Total listings on the market: 1,066
Listing Price Average: $370,800
Average Days on the market: 191
Closed Residential Listings during the time period: 74
Listing Price Average: $252,000 (notice the price range that is selling)
Selling Price Average: $232,113
List to Sell %: 92.1
Average Days on the market: 165
Listings that have expired: 181
Listings that have been withdrawn:127
Listings that are pending:49
For comparison to all of 07 look at the earlier blog post with the final 2007 Haywood County Stats.
A great time to buy? YES We have a large inventory of homes for better selection, intrest rates continue to be low and we hope will dip lower in the coming weeks, and prices are down!
There has been a request for market statistics for higher end homes sold in 2007, Haywood County. Stats have been pulled from the Western NC Regional MLS for 2007 in the price range of 1,500,000 and above. During 2007 there were 11 homes on the market in this price range. Currently, there are 13 homes on the market in this price range. In 2007, (1) home sold above 1.5 million dollars. The home was listed for $1,650,000 and sold for $1,600,000. It was on the market for 245 days and was located in the exclusive subdivision; The Smoky Mountain Retreat.
What does this mean for the price range? If you have one home sell a year in a price range and there are currently 13 homes on the market the math is simple! There is currently a 13 YEAR inventory of homes in this price range in Haywood County. That is a great example of a absorption rate for a specific market. Of course the absorption rate can change at anytime, but the current market is not in favor of the higher end homes in our area. If you are looking to sell in this price range you must have the home priced properly, staged properly, and marketed properly so those few buyers that will come through to see your home will remember it. If one home is going to sell per year you want it to be yours! Please let us know if there are additional specific statitistics that you would like. We are happy to provide them!
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"The Right Agent Makes All The Difference in the World!" Realty World Heritage is the oldest and most experienced Real Estate Firm in Haywood County, NC with over 35 years of experience!
You will find our background as a team very diverse and our specialty is SERVICE! Throughout our real estate careers we have been able to share many of our past experiences to entertain and enlighten your buying and selling experience. We strive to practice the same work-ethic, caring and attention to detail that we have used in a university athletic setting for years. We both have had the privilege to work for the University of Southern California and Western Carolina University in neighboring Cullowhee. We fell in love with the area, the people and the culture.
In January 2007 we made the decision to purchase REALTY WORLD-Heritage after working as Realtors for nearly three years for the company. Needless to say moving from Los Angeles, CA was a big move for us. The consensus of our big move has been a positive one and regularly attracts our friends and family. Over the years we have experienced that true small town feeling of friends and neighbors that soon became extended family. Our children were born in Maggie Valley and it is a decision that has enriched our lives over and over again. We are thrilled to raise them in such a caring environment full of culture, nature, history, family and good friends.
We feel that you will find we are on the cutting edge of technology, knowledge and service to make your buying decision in Western North Carolina as successful as ours was. Your dreams and investments are as important to us as they are to you. We tell people we meet that "Some things are better together in Maggie Valley", our invitation to you is give us a call so we can start working for you today.
We specialize in Residential and Vacant Land Sales. We are not afraid "to get out of the car" and walk our beautiful mountain land. Haywood County and Maggie Valley are generally rural so we also participate in a few commercial transactions every year. Our biggest area of specialty may be our robust second home market. We assist numerous clients every year to find that special second or vacation home in the mountains of Western North Carolina.
Do you have any good testimonials that clients have provided you in the past? Be sure to add them here.
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