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Haywood County NC Daily Real Estate Market Report

Realty World Heritage — Mon, 16 Feb 2009 19:00:18 +0000

Report Range: 1/1/09-2/16/09

Active Listings	Closed Listings	Average Listing Price	Average Selling Price	List to Sell %	Average Days on Market
1,021	40	254,863	320,989	90.6	159

Source: NC Mountains MLS Inc.

Haywood County NC Real Estate Final 2008 Stats

Realty World Heritage — Mon, 05 Jan 2009 21:08:33 +0000

The chart below breaks down the final numbers for all of Haywood County Residential Real Estate Stats for 2008 compared to 2007. As you can see our prices in Haywood County decreased by about 6% over last year. In relation to other parts of the country we can consider ourselves lucky.

Total Sold	Average Listing Price	Average Selling Price	Days on Market	List to Sell Ratio	Sales Volume
2007: 805	$256,214	$242,699	131	94.7	$195,372,428

2008: 554	$247,446	$228,316	147	92.3	$126,487,159

Haywood County Real Estate Sales for September 08 vs September 07

Realty World Heritage — Mon, 13 Oct 2008 19:41:18 +0000

Below is a look at residential sales in Haywood County NC for the month of September 08 vs 07. There a few positives in these numbers. Comparing back to 07 homes sold for a bit more in September 08 which tells us there was a small level of appreciation. You will also see that sellers came off their listing price futher which tells us sellers are willing to negotitate more.

Total Sold	Average List Price	Average Sales Price	List to Sale Ratio	Average Days on Market
9/1/08-9/30/08
52	262,404	241,494	92%	135

9/1/07-9/30/07
71	254,696	240,855	94.6%	134

Haywood County NC August 2008 Home Sales

Realty World Heritage — Mon, 08 Sep 2008 13:21:53 +0000

Here is a look at the August 2008 sales number for residential units. The most noticeable difference is the average list and sales price and the increased ability for buyers to negotiate price.

August 2008

Number Sold	Average List	Average Sales	List/Sale%	Days on Market
56	210,389	196,733	93.5	144

August 2007
83	261,854	248,921	95.1	136

Maggie Valley Real Estate

Realty World Heritage — Fri, 01 Aug 2008 03:03:58 +0000

Well, the summer is rolling along and I am happy to report that business has picked up in Maggie Valley and Haywood County. There is not a gold rush atmosphere by any stretch of the imagination, but the phone is ringing, folks are walking in, and other agents are showing our listings. All good news, but you cannot help to be on pins and needles that it will all end tomorrow. As a company we continue to build our listing inventory both residential and land listings. Below is a look at the July numbers for this year compared to last year for Haywood County NC for residential sales.

7/1/08 – 7/31/08 7/1/07 – 7/31/07

Total Closing: 53 68

Average Listing Price: $226,762 $260,109

Average Sales Price: $211,163 $248,423

List/Sale Ratio: 93.1% 95.5%

Average Days on Market: 121 119

The big change from this year to last year is the prices. Yes, the sales volume is down, but the prices are also way down. Hate to beat a dead horse, but good rates, good prices, HUGE inventory! It may be the best time in our history to buy. If you are a first time buyer contact us for more information about the tax credit being offered for downpayment assistance.

Haywood County Real Estate Stats for May 08 vs May 07

Realty World Heritage — Tue, 10 Jun 2008 15:47:20 +0000

55 residential listings sold in May of 08 compared to 68 during the same time period last year. Below is a breakdown of the month of May for 2008 and 2007 and is for all of Haywood County and includes residential, condos, and townhomes.

May 2008 May 2007

Listing Price Average: $257,665 $252,968

Selling Price Average: $238,376 $243,517

List to Sell %: 92.5% 96.3%

Average Days on Market: 179 131

Haywood County Real Estate Update

Realty World Heritage — Tue, 27 May 2008 16:12:39 +0000

Hello!

I hope you had a great Memorial Day Weekend! It was a gorgeous weekend in the mountains of Western North Carolina! To answer the most important question up front, YES! The market is picking up in the mountains. We are seeing very heavy traffic during the weekends especially on festival weekends.

I pulled some comparison statistics looking at ALL transactions from the beginning of the year through today. This includes residential, condo, townhouse, vacant land, etc. This will give you a glimpse of our markets performance through the first 5 months of the year compared to last year.

1/1/08- 5/27/08: 1/1/07-5/27/07:

Total Sold: 315 540

Listing Price Avg: $216,247 $220,702

Selling Price Avg: $200,087 $208,346

List to Sell Ratio: 92.5% 94.4%

Days on Market: 194 196

The numbers say it all! We are down significantly over last year. We are very confident that the market will pick up steam into the summer and fall months and the final numbers will not be as bad. As I have said in numerous other reports, pricing is the most important key in this buyers market.

Haywood County Real Estate: Residential Sales through 4/30/08

Realty World Heritage — Tue, 06 May 2008 15:56:29 +0000

Prices continue to decline in Haywood County which again is good news for buyers wanting to buy in the mountains. Below are some comparative statistics for January 1, 2007 through April 30, 2007 and the same period this year. These statistics are for residential sales including condos and townhomes.

1/1/07-4/30/07

Closed Listings: 269

Average Listing Price: $263,298

Average Selling Price: $249,091

List/Sell Ratio: 94.6%

Average Days on Market: 141

1/108-4/30/08

Closed Listings: 175

Average Listing Price: $255,570

Average Selling Price: $239,245

List/Sell Ratio: 93.6%

Average Days on Market: 169

As you can see average listing and sales prices are down, list to sale ratio is down, and average days on the market is up in 2008. Again, the silver lining is lower prices, greater negotiation ability, and greater choice of homes. As history has proved time and time again, the best time to buy is when everyone else is selling!

Haywood County Real Estate Stats 1/1/08 – 3/31/08

Realty World Heritage — Tue, 29 Apr 2008 02:21:58 +0000

Here is a comparison of market activity for January 1, 2008 through March 31, 2008 and the same period during 2007. The stats are for residential purchases only so land, commercial, and multifamily is not included.

2007/2008

Average Selling Price: $238,199/$228,087

Average Listing Price: $250,974/$243,578

List/Sell Ratio: 95%/94%

Units Sold: 195/129

Haywood County Real Estate 08 First Quarter Stats

Realty World Heritage — Mon, 31 Mar 2008 16:48:00 +0000

We have compiled the 2008 first quarter statistics for residential properties in Haywood County NC. We have also listed 2007 statistics for comparison.

1/1/07-3/31/07

Total Units Sold: 195
Average Listing Price:250,974
Average Selling Price: 238,199
List to Sell Ratio: 95%
Median Listing Price: 200,000
Median Selling Price: 197,000
Average Days on the Market: 139

1/1/08-3/31/08

Total Units Sold: 125
Average Listing Price: 241,653
Average Selling Price: 226,196
List to Sell Ratio: 94%
Median Listing Price: 200,000
Median Selling Price: 185,000
Average Days on Market: 156

As you can see we have started 2008 on a slower note, but from all indications our market is picking up. We have been battling the negative media reports about the mortgage and the housing industry which have caused many buyers to sit on the sidelines with the wait and see approach. With the average selling price down about $12,000 it is a great time to buy in Haywood County. We do feel like most “experts” in the media that the housing market and economy will turn around by the 3rd quarter of 2008. That being said, if you are thinking of buying do not wait to long. We do not know when the bottom has been reached until it has started going back up. If you waited you will miss the best prices in years!