Like much of the country, real estate sales in Haywood County NC has seen a slow start to the year. The following stats are for 1/1/08- 2/29/08 and are for residential, condo, and townhouses.

Total listings on the market: 1,066

Listing Price Average: $370,800

Average Days on the market: 191

Closed Residential Listings during the time period: 74

Listing Price Average: $252,000 (notice the price range that is selling)

Selling Price Average: $232,113

List to Sell %: 92.1

Average Days on the market: 165

Listings that have expired: 181

Listings that have been withdrawn:127

Listings that are pending:49

For comparison to all of 07 look at the earlier blog post with the final 2007 Haywood County Stats.

A great time to buy? YES We have a large inventory of homes for better selection, intrest rates continue to be low and we hope will dip lower in the coming weeks, and prices are down!

Our office has a client that is interested in a lease purchase in the Maggie Valley/Haywood County area. The home must be a newer home and have some acreage. The buyer would also like a basement. The buyer is willing to pay up to $1,300/month. If you have a home in the area and you have not been able to sell or you are thinking of selling and would consider a lease purchase please contact us at wncinfo@realtyworldheritage.com Maybe we can match your home with this buyer.

LEVEL! High elevation homesite in gated, deed restricted subdivision with potential for INCREDIBLE long range mountain views! The lot offers almost 5 acres of LEVEL land comprising of open and wooded areas that gives plenty of area to build your dream home. Build a house and a barn for the horses! Lot has been recently cleared and drive and housepad have been cut in. Small stream on property! Email wncinfo@realtyworldheritage.com for more information. Click play below to see a short video on the property.

There has been a request for market statistics for higher end homes sold in 2007, Haywood County. Stats have been pulled from the Western NC Regional MLS for 2007 in the price range of 1,500,000 and above. During 2007 there were 11 homes on the market in this price range. Currently, there are 13 homes on the market in this price range. In 2007, (1) home sold above 1.5 million dollars. The home was listed for $1,650,000 and sold for $1,600,000. It was on the market for 245 days and was located in the exclusive subdivision; The Smoky Mountain Retreat.

What does this mean for the price range? If you have one home sell a year in a price range and there are currently 13 homes on the market the math is simple! There is currently a 13 YEAR inventory of homes in this price range in Haywood County. That is a great example of a absorption rate for a specific market. Of course the absorption rate can change at anytime, but the current market is not in favor of the higher end homes in our area. If you are looking to sell in this price range you must have the home priced properly, staged properly, and marketed properly so those few buyers that will come through to see your home will remember it. If one home is going to sell per year you want it to be yours! Please let us know if there are additional specific statitistics that you would like. We are happy to provide them!

Custom “BARNA” log home in new gated community conveniently located in Maggie Valley. Home features 6 by 12 Hewn logs with Chinking, extensive glass, vaulted ceilings with 8″ round exposed rafters, custom cabinets, granite countertops, Stainless Steel appliances, loft, multiple decks & porches and portico entry. Check out the short movie! Contact us at wncinfo@realtyworldheritage.com for more information!