Waynesville (Haywood County), NC - Market Report - May 2008
June 3rd, 2008 Categories: Waynesville Market Reports
Waynesville, NC recorded 23 residential real estate sales in May 2008 as of 06/01, and the average number of days it took to sell the 23 homes was 178. The number of homes on the market in Waynesville as of this morning (June 3) is 567.
Absorption Rate.
Selling 23 homes per month with 567 on the market as of 06/03 equates to an absorption rate (i.e., inventory) in Waynesville of approximately 24.7 months, which is an increase from last month. More homes have gone on the market (April 30 there were 523 homes on the market in Waynesville; today there are 569 Waynesville homes on the market). So far, we are not reducing our inventory.
Price Reductions.
The most expensive home sold in May in Waynesville was SOLD for $685,000; the least expensive home sold was SOLD for $45,000. The average price reduction/discount was 6.3% off of the asking/listing price.
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/Realtor