Log Cabin vs. Other Home Sales
April 4th, 2008 by 
Helen
I thought it might be interesting to look at a comparison, for the Watauga County area and for the past year, sales of log cabins compared to sales of other homes [i.e., excluding log cabins and manufactured homes].
Here are the statistics:
Log cabin sales Watauga area April 1 2007 to April 1 2008
| List Price |
$165,000 |
$895,000 |
$362,599 |
$359,900 |
$36,259,900 |
| Selling Price |
$120,000 |
$850,000 |
$342,713 |
$339,000 |
$34,271,275 |
| List/Sold(%) |
72.73% |
113.49% |
94.41% |
95.10% |
– |
| Days on Market |
5 |
725 |
174 |
129.5 |
– |
102 log cabins sold, ranging from $120K to $850K
All other homes [i.e., excluding log cabins and manufactured homes] April 1 2007 to April 1 2008
| Statistics (538 listings) |
|||||
| |
Low |
High |
Average |
Median |
Total |
| List Price |
$68,000 |
$3,450,000 |
$446,325 |
$329,000 |
$240,122,966 |
| Selling Price |
$62,000 |
$2,925,000 |
$417,073 |
$310,000 |
$224,385,234 |
| List/Sold(%) |
56.22% |
119.74% |
93.96% |
95.32% |
– |
| Days on Market |
-16 |
1088 |
184 |
138.5 |
– |
538 other homes sold, ranging from $62K to $2.9 mil
I find it interesting that almost 1/5 of the home sales are log cabins, a further indication of the strong second home market in this area.
Best, Helen
Posted in Log cabins, The local real estate market | 
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