A recently released report by industry experts at Inman discussed the causes of the nationwide forecast and what it means for the future of the housing market. Inman analyst Jim Dalrymple points out that “the housing market is on the cusp of an ‘inflection point’ right now… and is estimated to impact housing prices, supply,…
The MLS reports that last month there were 199 homes sold worth a combined total of over $100 million. This is an 8.7 percent decrease in sales volume compared to last year when 273 homes sold for $ 109 million. The median sold price for the month of April of this year was $422,010, a…
Sales continue to outpace new supply. The MLS recorded an average inventory of 250 for the month of March. As of April 11th, there were 245 homes listed for sale in the four-county area. Homes that sold during March were on the market for a median of only 47 days…
The High Country is preparing for Springtime and all the changes it brings for our area. However, there is at least one thing that endures… the High Country is still bustling with real estate buyers and our Realtors® are eager to help them find what they’re looking for.
With a 13% decrease in inventory over last month, February residential listings…
Realtors® in the High Country are opening the year with properties “selling as fast as they come on the market”, according to local Realtor® Leslie Eason, and reports generated from the Multiple Listing Service. Inventory levels are lower than this time last year, but…
The 2021 MLS Market Report for the High Country Association of Realtors® saw agents finish out the year with records in sales volume and some comparable numbers to the historical totals we saw in 2020. As for December of 2021 the High Country MLS recorded 249 homes sold for $116 million. There were 289 homes…
NOVEMBER 2021 MLS REPORT: As is usually the case this time of year, High Country real estate transactions declined overall for the month of November. High Country MLS reported less homes sold, less inventory, and less sales volume than recorded the previous month, but this comes as no surprise to local Realtors®. The National Association…
October Market Report: High Country Realtors® Still Seeing Declining Inventory And High Sales Prices
OCTOBER 2021 MARKET REPORT: Realtors® in the High Country continue to diligently work to find properties for their clients while seeing another month of declining inventory. Local Realtor®, Billie Rogers explains “Home sales have definitely slowed due to a lack of inventory. (Land) lots are the sale now, as are fixer uppers“. But even with…
SEPTEMBER 2021 MLS REPORT: Realtors® in the High Country are certainly working hard for both buyers and sellers in the area, however the low levels of housing inventory compared to the high number of interested Buyers, is proving to be a tricky juggling act that Realtors® are contending with currently…
With the unofficial start to Fall in the High Country underway, Realtors® in the area are preparing for the second round of the selling season. But with residential inventory dwindling, buyers are moving on to land purchases. Land sales are growing as buyers are realizing that in order to have a piece of mountain living,…