Watauga Home Market August 2026

The good news is the market is showing itself typically for a summer market.  In the Watauga home market, the number of sales are down from August, 2025 but are up from the number of sales in July, 2026.  The most remarkable statistic I see is the average sales value:  $1,023,000!  This is the first time the average sales value has risen above $1 million.  That is above the average sales value for 2025, so prices are increasing, despite the lower number of sales. Other good news: the Odds of Selling have risen from 51% to 52%; not a huge rise but in the right direction for sellers.  On the other hand, the average list-to-sale ration has dropped to 92%, that is 92% of the original list price.  Homes that close are taking about a week longer from listing to closing.  Homes continue to sell at a rate of about 77 per month, with a 6 month inventory of active homes. 

Below are the Buying Pattern graphs for 2025, followed by the current Buying Pattern graph - this allows you to compare what is happening this year to what happened last year.

Below are the Time to Close graphs - first for 2025, followed by the current Time to Close graph. This allows you to compare how long it is taking to close properties compared to a year ago, and also compared the average closed home values a year ago to current closed home values.

The Pond graph looks back at the rate properties sold a year ago and uses those buying patterns to project what may happen in the next 90 days of 2026.