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April 2023 MLS REPORT: Quoting Ed Gianos, Founder of Domus Analytics, he says concerning statistics across the country: “In short:  it’s still a market that’s changing rapidly and can’t decide what direction it’s going. Inventory is increasing until it’s not. Prices are falling until they don’t. DOM is increasing until it isn’t. The increasing mortgage…

March 2023 MLS REPORT: In the High-Country Real Estate Market as we have said before things are holding steady. For March, our MLS area of Alleghany, Ashe, Avery, and Watauga Counties saw 159 closing of Residential Single Family, Condo / Townhouse sales, this is up 23.3% compared to February. The combined total for those closings…

February 2023 MLS REPORT: In the High-Country Real Estate Market four-county area of Alleghany, Ashe, Avery, and Watauga counties the High-Country MLS reports during February 129 Closed Sales of Residential Single Family, Condo/Townhouse properties. Those sales came to a combined total of $61.1 million. The Median Sales Price was $372,250, close to what the National…

During the month of December, the High Country MLS reported 175 residential home sales totaling $88.2 million. As we would except with limited inventory the number of closed transactions during the month of December was down from December of 2021 when the MLS reported 249 residential sales One thing that is staying steady and even…

During November, the High-Country Association of Realtors® real estate market held strong. For single-family properties in our four-county jurisdiction of Alleghany, Ashe, Avery, and Watauga counties, the median home sales price during the month of November was $495,750. There were 134 closed sales, with median days on the market at 60 days. Adding in Condo…

Pending home sales trailed off for the fourth consecutive month in September, according to the National Association of REALTORS®. All four major regions recorded month-over-month and year-over-year declines in transactions. The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, slumped 10.2% to 79.5 in September. Year-over-year, pending transactions…

During September, High Country Realtors® saw similar numbers in the four counties compared to August. Average Days on Market has ticked upward for all counties in our area, which may show buyers are affected by rising interest rates. Inventory is still steady and closed sales are keeping pace. Overall, our market is still strong in…

High Country Realtors® saw a subtle slowdown in July, compared to previous years. The High Country MLS reports that in July 224 homes were sold worth a combined total of over $119 million, 195 of those sold locally in Alleghany, Ashe, Avery, and Watauga counties contributing to $107 million of that recorded sales volume.  This…