January 9th, 2009 by
Helen
We’re seeing some drop in price in land sales but what stands out most in the significant drop in volume of sales.
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Land Sales, Watauga Market, Comparing 2006-2008
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Currently
Active
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Sold 2006:
Num. Sold
Volume
Aver Price
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Sold 2007
Num. Sold
Volume
Aver Price
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Sold 2008
Num. Sold
Volume
Aver Price
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Didn’t Sell
2008
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Months of
Inventory
On Hand
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Odds of Selling
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Watauga Market
Building Lots
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1241
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391
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287
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153
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1778
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98 months
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12%
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Watauga Market
Acreage
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257
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136
$43 mil
$180K
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104
$28 mil
$217K
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47
$10 mil
$127K
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408
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66 months
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18%
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2nd Home
Area
Bldg Lots
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68
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215
$26 mil
$95K
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170
$29 mil
$130K
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82
$12 mil
$135K
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1126
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100 months
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12%
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Green Valley Bldg Lots
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59
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28
$1.6 mil
$51K
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12
$671K
$50K
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7
$637K
$60K
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106
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98 months
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11%
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Green Valley
All Acreage
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32
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16
$3.8 mil
$216K
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17
$3.7 mil
$175K
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7
$880K
$112K
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42
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57 months
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21%
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Green Valley
6-20 ac
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19
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11
$2 mil
$200k
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10
$1.5 mil
$141K
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2
$362K
$181K
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23
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118 months
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10%
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Do let me know if you’d like me to evaluate your land vis-a-vis the current market. Call me at 828.264.1434 or email Helen@CoeRealty.com
Posted in Sales Statistics, The local real estate market |
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January 9th, 2009 by
Helen

yellow mushroom
Looking through past pictures, I ran across this mushroom. They come in so many shapes, forms, and colors that I always enjoy their manifestations. And on this lovely snowy and white mountain day, the bright yellow was much appreciated.
Posted in Hiking Trails, Photo gallery |
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January 1st, 2009 by
Helen
In the process of working out what pictures to use for the calendar, I printed out the pictures prior to printing out the calendar. Also, I made a mistake at one point and printed a set out in an 11″x17″ format. Can’t bring myself to throw them out. I believe they are suitable for framing. If you’d like one, just let me know. One that is particularly striking is the January trees in snow, which I unintentionally printed in black and white on the 11×17 format.
If you didn’t happen to read the back page, the paper is made from a sustainable source, papyrus. The toner adheres to this paper especially well. I’m very pleased with this paper and am glad I went to the extra expense.
If you’re reading this and don’t already have a calendar, please contact me and I’ll get one to you: 828 264 1434 or Helen@CoeRealty.com.
Posted in 2009 Calendar Happy Chance, Calendars |
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January 1st, 2009 by
Helen

- tree trunks in a November snow Blue Ridge Parkway Rich Mountain Trail mp 294
We had an early snow in 2008. As you know from previous posts, I like to look at the forest tree trunks in winter, to see the ‘bones’ of the forest. In this shot, I like the interplay of light and shadow, and the dark tree trunks against the snow.
These trees are growing up in what would have been pasture in Mr. Cone’s days [see my posts on Mr. Cone's vision for his estate and eventual 'public pleasuring grounds,' now our Park. They are young trees, what I've come to think of as NPS [National Park Service] trees, having been allowed to take over pasture.
Posted in 2009 Calendar Happy Chance, Calendars, Hiking Trails, Photo gallery |
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