Archive for the 'Maggie Valley Market Reports' Category
Maggie Valley (Haywood County), NC - Market Report - July 2008.
August 2nd, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 8 residential real estate sales in July 2008 as of 07/01, and the average number of days it took to sell the 8 homes was 100. Homes appear to be selling quicker; however, [note to Buyers] the days-on-market numbers can be deceptive. It is important to know the actual days on market.
The most expensive home sold in July in Maggie Valley SOLD for $374,000; the least expensive home sold for $135,000. The number of homes on the market in Maggie Valley as of today (Aug 2) is 280.
Source: MLS. Data deemed reliable but, not guaranteed.
Absorption Rate.
Maggie Valley’s absorption rate for July is … exaggerated. The luxury/second home market is not booming at the present time, and this market influences Maggie Valley’s numbers more so than other cities in Haywood County. This too shall pass.
See the July Haywood County, NC Market Report.
See the Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Maggie Valley (Haywood County), NC - Market Profile - 07/17/08.
July 17th, 2008 Categories: Maggie Valley Market Reports
The profile charted below provides a picture of Maggie Valley, North Carolina’s active residential real estate market today (07/17/08). There are 285 active listings this morning in Maggie Valley.
Source: MLS. Data deemed reliable but, not guaranteed.
Closed transactions for the month to date (4) reflect a Median Selling Price of $185,000, and an Average Selling Price of $211,750 - - still significantly lower than our median and average listing prices. The 4 homes that sold were on the market an average of 130 days (as opposed to the average DOM for active listings of 210 days). Was it because they were lower-priced homes, or because they were priced right?
See the Haywood County, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports.
See the Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Feeling Like Your Maggie Valley House Will Never Sell?
July 7th, 2008 Categories: Hot Local Topics, Maggie Valley Market Reports, Waynesville Market Reports
Relevant points for Sellers in Haywood County, North Carolina:
- Your home must be priced for today’s local market.
- Is this the best time to sell your house if you do not have to? No.
- Is this a good time to buy a house? Yes.
- If you sell your house now for less than you had hoped for, you will probably pay much less for your new house, depending on where you are moving and when you buy.
- If your house needs work done after someone buys it, and another home priced in the same price range does not need anything done to it, guess which one will sell first…
Here are the active listings today in Maggie Valley and Waynesville, broken out by price range. Price your home in the range with the fewest options closest to your selling range, if at all possible, to increase your odds. For instance, instead of $209,900, $199,900 will increase your odds.
Wondering Why Your Home is Not Selling?
A Seldom Publicized MLS Tip for Sellers.
Search the Haywood County, NC MLS.
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Haywood County, NC 3-Year Sales Comparison as of 06/30/08.
July 5th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
Access to the residential real estate sales statistics for Haywood County, North Carolina, for the first six months of 2006, 2007 and 2008 is important and beneficial to both Buyers and Sellers. Buyers, after reviewing the numbers, can easily recognize that we are in the throes of a ’strong’ Buyer’s market. Sellers can utilize the information to not only decide if this is the time to put their homes on the market if it is not a necessity, but also to price their homes correctly and aggressively to get them sold in this market.
Keep an eye on the numbers.
HAYWOOD COUNTY 3-YEAR COMPARISON STATISTICS
(Includes Maggie Valley, Waynesville, Canton, Clyde and Lake Junaluska)
MAGGIE VALLEY 3-YEAR COMPARISON STATISTICS
WAYNESVILLE 3-YEAR COMPARISON STATISTICS
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports.
See the Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Maggie Valley (Haywood County), NC - Market Report - 06/30/08.
July 2nd, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 15 residential real estate sales in June 2008 as of 07/01, and the average number of days it took to sell the 15 homes was 124. Compared to the previous 5 months, Maggie Valley is rocking!
The most expensive home sold in June in Maggie Valley SOLD for $437,500; the least expensive home sold for $85,000. The number of homes on the market in Maggie Valley as of today (July 2) is 279.
Absorption Rate.
Maggie Valley’s absorption rate for June is drastically improved when compared to the previous 5 months! Let’s hope we are starting a trend.
Source: MLS. Data deemed reliable but, not guaranteed.
See the June Haywood County, NC Market Report.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Beautiful Maggie Valley Log Home, Spectacular Views, REDUCED $101,000.
June 30th, 2008 Categories: Luxury and Second Home Market, Maggie Valley Market Reports
The views from this ‘oversized log home’ in Maggie Valley were so beautiful, and truly breath-taking, that I didn’t want to leave when we finished our cookie cutter ‘realtors on caravan’ tour a couple of months ago. Selling my soul to stay up there came to mind. (No, it is not my listing, darn it.)
The price of this home was reduced on June 16th by $101,000 to $899,000 (MLS #413357). The [winter] photos posted for the listing do the home no justice (sorry, but that’s my opinion). This home is in Country Club Cove Estates in Maggie Valley, at 4200′ on a level ridge lot, and guest quarters that sleep 16… or your spouse!
There are more spectacular luxury homes for sale hidden here in the mountains of Western North Carolina, and with the overabundance of inventory here and almost everywhere, price reductions and deals are ripe for the picking. If only I had a trust fund…
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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What Can You Buy for $200,000 in Maggie Valley, NC?
June 23rd, 2008 Categories: Maggie Valley Market Reports
Beautiful Maggie Valley has 283 homes on the market today. Let’s say you were looking for a home in Maggie Valley priced between $190,000 and $200,000. Just what can you buy here for approximately $200,000?
The seven homes in this price bracket that resulted from my MLS search this morning had some very nice features — including stone and wood burning fireplaces, creekside location, corner lot, lush landscaping, panoramic views, and even income producing, to name a few. Below are the descriptions printed on our MLS describing the seven listings. You can steal buy a nice mountain home for your money these days!
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Maggie Valley, Waynesville, Haywood County, NC - Market Report 06/21/08.
June 21st, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
The Market Report below includes residential real estate statistics for Maggie Valley, Waynesville, and all of Haywood County, NC. The number of homes on the market in Haywood County since March 1, 2008 has increased 25%. Median and Average Listing as well as Selling Prices are broken out for June to date, in addition to being broken out for the year to date, on the chart below.
Absorption Rate.
The inventory/absorption rate (last line of chart above) of homes presently on the market has not started to improve yet, and in fact has increased just a bit based on sales to date.
Haywood County, NC Active Listings as of 06/21/08
Haywood County Homes for Sale - Active - 1,221 Properties Found
Haywood County Land and Farms Properties - Active - 1,701 Properties Found
Maggie Valley Homes for Sale - Active - 283 Properties Found
Waynesville Homes for Sale - Active - 587 Properties Found
Clyde Homes for Sale - Active - 164 Properties Found
Canton Homes for Sale - Active - 157 Properties Found
Source: MLS. Data deemed reliable but, not guaranteed.
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Maggie Valley (Haywood County), NC - Market Report - May 2008
June 2nd, 2008 Categories: Maggie Valley Market Reports
Maggie Valley, NC recorded 7 residential real estate sales in May 2008 as of 06/01, and the average number of days it took to sell the 7 homes was 174. The number of homes on the market in Maggie Valley as of this morning (June 2) is 282.
Absorption Rate.
Selling 7 homes per month with 282 on the market as of 06/02 equates to an absorption rate (i.e., inventory) in Maggie Valley of approximately 40 months, which is an increase from last month. More homes have gone on the market (April 30 there were 259 homes on the market in Maggie Valley; today there are 282 Maggie Valley homes on the market), and too few are being sold to reduce our inventory.
Price Reductions.
The most expensive home sold in May in Maggie Valley was SOLD for $425,000; the least expensive home sold was sold for $143,000. The average price reduction/discount was 8.7% off of the asking/listing price.
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Market Report.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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What Homes Have Been Selling in Maggie Valley, NC?
May 27th, 2008 Categories: Maggie Valley Market Reports
An analysis of residential real estate sales in Maggie Valley, NC over the past [almost] 6 months yields 47 sales (12/01/07 through 05/27/08). It is interesting to look at the number of sales (1) per month, and (2) by price range.
Maggie Valley Sales by Month.
December = 15
January = 7
February = 6
March = 9
April = 7
May = 3 (to date)
Source: MLS. Data deemed reliable but, not guaranteed.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/Realtor
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