Archive for the 'Waynesville Market Reports' Category
Waynesville, NC - Market Report - 11/30/08.
December 1st, 2008 Categories: Waynesville Market Reports
Waynesville, NC residential real estate sales for November totaled 11, taking an average of 100 days to sell. Inventory/absorption rate is ‘extensive’ — we have 44.3 months’ worth of homes on the market in Waynesville. Sales are historically lower during the winter, but we do not usually have as many homes on the market.
The highest priced home in Waynesville that sold in November sold for $695,000, and the lowest priced home sold for $133,000.
Source: MLS. Data deemed reliable but, not guaranteed.
Keep an eye on the numbers!
See the October Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
See my Photos of the Day.
Search the Haywood County, NC MLS.
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Haywood County, NC Residential and Land Listings - 11/10/08.
November 10th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
The numbers of active listings today for residential as well as land and farm options are provided below. Waynesville has the most residential and land and farm listings, with Maggie Valley second in numbers to Waynesville.
If you are interested in seeing more details, see today’s Market Snapshot for Haywood County here. Keep an eye on the numbers!
Haywood County, NC Active Residential Listings as of 11/10/08
Haywood County Homes for Sale - Active - 1,145 Properties Found
Maggie Valley Homes for Sale - Active - 281 Properties Found
Waynesville Homes for Sale - Active - 513 Properties Found
Clyde Homes for Sale - Active - 156 Properties Found
Canton Homes for Sale - Active - 162 Properties Found
Haywood County, NC Active Land and Farm Listings as of 11/10/08
Haywood County Land for Sale - Active - 1,788 Properties Found
Maggie Valley Land for Sale - Active - 408 Properties Found
Waynesville Land for Sale - Active - 816 Properties Found
Clyde Land for Sale - Active - 381 Properties Found
Canton Land for Sale - Active - 150 Properties Found
Source: MLS. Data deemed reliable but, not guaranteed.
See my Haywood County, NC Archive of Market Reports.
See my Waynesville, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports .
Search the Haywood County, NC MLS.
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Waynesville, NC - Market Report - 10/31/08.
November 2nd, 2008 Categories: Waynesville Market Reports
Waynesville, NC residential real estate sales for October totaled 18, taking an average of 173 days to sell. Inventory/absorption rate is ‘extensive’ — we have 29 months’ worth of homes on the market in Waynesville.
The highest priced home in Waynesville that sold last month sold for $400,000, and the lowest priced home sold for $55,000. Lake Junaluska had one sale in the amount of $290,000.
Source: MLS. Data deemed reliable but, not guaranteed.
Keep an eye on the numbers!
See the October Haywood County, NC Market Report.
See my Waynesville, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
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Become Conscious of Haywood County Residential Sales Numbers.
October 29th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
Studying the residential sales numbers for Haywood County (including Maggie Valley, Waynesville, Canton, Clyde and Lake Junaluska), instead of either ignoring them or complaining about them, will enable you to buy and/or sell from the present moment rather than living and pricing in the past. What are our residential sales looking like this month, especially compared to previous years? I think we shut down early for winter.
My interpretation of our market, as an anagram: Tracks Euro Musk.
Comparison to Previous Years.
Compared to the same period (10/01 through 10/29) in 2007, October closings are down in number 32.1%; down 55.3% compared to 2006; and down 66.4% from 2005. Closings have steadily declined since 2005. Our absorption (inventory) is approximately 30 months. Holy cow.
Source: MLS. Data deemed reliable but, not guaranteed.
See my Photos of the Day.
Search the Haywood County, NC MLS.
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Waynesville, NC - Market Report - 09/30/08.
October 4th, 2008 Categories: Waynesville Market Reports
Waynesville, NC residential real estate sales for August totaled 24, and the average number of days it took to sell the 24 homes was 170. The number of homes on the market in Waynesville as of this morning (Oct 4) is 564.
Source: MLS. Data deemed reliable but, not guaranteed.
Absorption Rate.
The absorption rate for Waynesville’s inventory at the September rate of sales is 23.5 months. A normal/good absorption rate would be to have a 6-month inventory/absorption rate.
Keep an eye on the numbers!
See the September Haywood County, NC Market Report
See my Waynesville, NC Archive of Market Reports .
Search the Haywood County, NC MLS .
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How Do Our Real Estate Sales This Month Compare to Previous Years?
September 29th, 2008 Categories: Haywood County Market Reports, Maggie Valley Market Reports, Waynesville Market Reports
Month-end is approaching and people are asking me how Waynesville real estate sales this September compare to previous years, as well as the Maggie Valley real estate sales. Closings in Haywood County for the period September 1 month through September 27, 2005 totaled 106; 2006 totaled 85 ; 2007 totaled 64 ; and this year, September closings through the 27th totaled 39.
Comparison to Previous Years.
Simply put, we have had sixty-three percent (63%) fewer closings this year (for 09/01 through 09/27) than for the same period in 2005, the ‘best’ year in this comparison. Closings have steadily declined since 2005. Our absorption (inventory) remains at approximately 28 months, which is redundant when looking at the reduction in sales.
Keep your eye on the numbers!
See my Photos of the Day.
Search the Haywood County, NC MLS.
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Waynesville, NC - Market Report - 08/31/08.
September 5th, 2008 Categories: Waynesville Market Reports
Waynesville, NC residential real estate sales for August totaled 29 (as of 08/31/08), and the average number of days it took to sell the 29 homes was 154. The most expensive home sold in August in Waynesville sold for $440,000; the least expensive home sold for $45,000. The number of homes on the market in Waynesville as of this morning (Aug 5) is 579.
When you have an Average Selling Price for August of $200,767, and the Average Listing Price of Waynesville’s active listings as of today’s date of $411,457, it is apparent there are STILL overpriced homes on the market, emphasized when looking at the average days on market for the active listings of 197.
Source: MLS. Data deemed reliable but, not guaranteed.
Absorption Rate.
The absorption rate for Waynesville’s inventory at the August rate of sales is 20.1 months. A normal/good absorption rate would be to have a 6-month inventory/absorption rate.
There are many excellent opportunities right now to ‘buy a home right.’
See the August 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 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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