Archive for the 'Waynesville Market Reports' Category
Waynesville (Haywood County), NC - Market Report - 07/31/08.
August 3rd, 2008 Categories: Waynesville Market Reports
Waynesville, NC recorded 29 residential real estate sales in July 2008, and the average number of days it took to sell the 29 homes was 127. The most expensive home sold in July in Waynesville SOLD for $1,100,000; the least expensive home sold SOLD for $45,000. The number of homes on the market in Waynesville as of this morning (Aug 3) is 587, down 3 from 590 on July 3… a reduction in inventory! That’s a good thing.
Absorption Rate.
The absorption rate for Waynesville’s inventory at the July rate of sales is 20.3 months.
Source: MLS. Data deemed reliable but, not guaranteed.
See the July Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Waynesville (Haywood County), NC - Market Profile - 07/18/08.
July 18th, 2008 Categories: Waynesville Market Reports
Waynesville’s active residential real estate market profile, as of 07/18/08, is charted below. There are 603 active listings this morning in Waynesville. You may view Maggie Valley’s 07/17/08 profile here.
Source: MLS. Data deemed reliable but, not guaranteed.
Closed transactions in Waynesville for the month to date (12) reflect a Median Selling Price of $208,985, and an Average Selling Price of $200,748 - - significantly lower than the median and average listing prices noted in the chart. The 12 homes that sold were on the market an average of 77 days (as opposed to the average DOM for active listings of 178 days).
Do we need more cowbell?
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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Waynesville (Haywood County), NC - Market Report - 06/30/08.
July 3rd, 2008 Categories: Waynesville Market Reports
Waynesville, NC recorded 18 residential real estate sales in June 2008, and the average number of days it took to sell the 18 homes was 165. Very sluggish activity, considering the constant increase in the number of homes on the market.
The most expensive home sold in June in Waynesville SOLD for $440,000; the least expensive home sold SOLD for $45,000. The number of homes on the market in Waynesville as of this morning (July 3) is 590, up from 568 on June 1.
Absorption Rate.
The absorption rate is startling at 32.9 months. The inventory of homes on the market in all of Haywood County has increased 33% since January 2008.
Source: MLS. Data deemed reliable but, not guaranteed.
See the June Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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What Can You Buy for $200,000 in Waynesville, NC?
June 24th, 2008 Categories: Waynesville Market Reports
Yesterday I reported on homes for sale in Maggie Valley, NC in the $190,000 to $200,000 price range. Today in Waynesville, NC there are 589 homes on the market. The statistics for these 589 listings are: Average Listing Price = $401,818; Median Listing price = $298,500; averaging 170 days on market; least expensive listing = $39,900; most expensive listing = $3,950,000. ©Susie Blackmon Photos
That being said, are you wondering what kind of home you will find in Waynesville if you want to spend between $190,000 and $200,000? According to my MLS search this morning, there are thirteen homes in this price range in Waynesville.
Here are some of the great features that are mentioned in the listing descriptions for these 13 Waynesville homes on my MLS search this morning — secluded, views, porch overlooking rushing stream, cascading stream, creek, 2 master suites, fireplace in kitchen, fish pond, and also commercial possibilities! Read more about the homes in this price range below.
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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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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.
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Waynesville, NC Market Snapshot - 05/26/08.
May 26th, 2008 Categories: Waynesville Market Reports
We need to lower prices and sell some homes in Waynesville, NC. There have been 19 homes sold so far in May, taking an average of 194 days to sell. Waynesville’s inventory of homes for sale is on the rise, considering we had 514 homes for sale on April 26, and today we have 553 homes on the market.
Source: MLS. Data deemed reliable but, not guaranteed.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Does It Look Like Our Residential Listings Are Overpriced?
May 20th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
This morning there are 1,137 active listings in Haywood County, NC. There were 1,080 active listings on May 1st… ‘that’ is an increase of 57 more homes on the market in 20 days, countered by the transactions in escrow during May, so far, totaling 12.
Days on Market.
Active listings in Haywood County have been on the market, so far, an average of 173 days; Maggie Valley active listings, 201 days; and Waynesville active listings, 167 days.
Haywood County closed transactions were on the market an average of 168 days; Maggie Valley, an average of 221 days; and Waynesville, an average of 176 days.
The Reality.
Many homes in Haywood County, Maggie Valley and Waynesville are way overpriced for the present market unless, of course, selling isn’t the goal.
Source: MLS. Data deemed reliable but, not guaranteed.
See the Haywood County, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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