Haywood County, NC Residential Real Estate Market Trends - 2003 through 2007
February 10th, 2008 Categories: Haywood County Market Reports
The 2008 Haywood County, NC residential real estate market trend, encompassing Maggie Valley, Waynesville, Canton, Clyde and Lake Junaluska, is down significantly. Sales are off to a slow start in 2008, and it is taking longer to sell a home than ever, up to 186 average DOM in January from 135 average DOM during 2007.
- Average homes sold per month have dropped from an average of 67.7 homes sold per month during July-December, 2007 to 31.0 homes sold in the month of January 2008.
- Average days on market for January 2008 (186) is the highest average number of days on market in the past 5 years.
- Average selling price for January 2008 ($227,519) is the lowest average selling price since 2005.
- Average listing price for January 2008 ($248,864) is the lowest average listing price since 2006.
- Median listing price for January 2008 ($174,900) is the lowest median listing price since 2005.
- Median selling price for January 2008 ($173,000) is the lowest median selling price since 2005.
The only thing in the green right now is the green light for Buyers! It is a perfect time to find that second home or full time home in the beautiful mountains of Haywood County, NC.
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