5 Places to Ride Bikes in the Boone Area

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What's Happening in the Market? The High Country Land Market January 2024

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The number of sales, the number of new parcels coming on the market, and the number of parcels under contract are down from December.  The number of land parcels on the market presently is 1174, a new low that's been over a decade in the coming.  Parcels in the high end subdivisions continue to sell well, likely foretelling the constructi...
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What's Happening in the Market? Ashe County Housing January 2024

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The number of sales, homes under contract, and new homes entering the market is down for Ashe County in January.  It appears less buyers are looking for homes at this time.  The number of homes on the market is lower, as well, perhaps making it more difficult for buyers to find the home that works for them.  It's not unusual for the ...
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What's Happening in the Market: The Watauga Home Market January 2024

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In January 2024 the number of home sales, homes under contract, and new home listings on the market are down.  It appears less buyers are 'out there' looking and finding less choices to consider.  The graphs below will show you that the current Odds of Selling a home are 60%. 181 homes closed in the last 90 days. 188 are projected to clos...
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Review of the 2023 NC High Country Home and Land Real Estate Market

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​2023 has been an unusual year for real estate.  As always, the marketing is transitioning.  In 2023, it's been particularly difficult to see the nature of the transition.  One thing is clear:  though sales of homes and land are down, property values have as an average of all sales have increased.   Download PDF File Here
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How's the Market Doing: High Country Land Sales November, 2023

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Good news for sellers:  the number of parcels on the market is now at 1268, down from the average number most of the year, hovering around 1350.  The number of land parcels sold and the number of new land parcels coming on the market are less than in previous recent months.  Most sales are building lots, with 7 acreage parcels sellin...
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What's Happening in the Ashe County Housing Market: November 2023

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Homes sales and new listings slowed down in Ashe County during November 2023.  The number of homes currently under contract and currently active is also less than October.  On the other hand, the Odds of Selling a home remains around 60%, selling an average of 31 homes per month, with a 4.7 month inventory of homes available.  H...
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What's Happening in the Watauga Housing Market: November, 2023

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 The Watauga single family residence market shows some slowing down, not surprising for winter months.  The number of sales and the number of new listings during November, 2023, are lower than October.  On the other hand, the average sales price increased, as you can see in a comparison of the last two graphs below.  The Od...
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What's Happening in the High Country Land Market? October 2023

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  T he High Country housing market continues to be a wacky market with contradictions that don't make sense to realtors, at least not at in the way they did in the past. On the other hand,  he High Country land market is holding pretty steady.  For months now the number of parcels has been hovering in the mid 1300's.The num...
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What's Happening in the Ashe County Home Market? October 2023

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  In short, the housing market continues to be a wacky market with contradictions that don't make sense to realtors, at least not at in the way they did in the past. Ashe is a bit steadier than the Watauga home market, with the number on the market, the number sold, the number of new listings being close to past months, the number sold per mon...
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What's Happening in the Watauga Home Market: October 2023

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In short, the housing market continues to be a wacky market with contradictions that don't make sense to realtors, at least not at in the way they did in the past. For instance, in the Watauga home market, the number of homes sold and under contract has gone done, yet the number we're selling monthly has gone up, the number of months of inventory h...
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September 2023: What's Happening in the High Country NC Land Market?

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  September 2023 is an interesting month for property in the High Country. For homes in Watauga and Ashe, the number sold is up.But less are currently under contract.For land, the number sold is the same as August, but the number under contract is up significantly.That's interesting to me because typically September is a slow month in the real...
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September 2023: What's Happening in the Ashe County Housing Market?

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September 2023 is an interesting month for property in the High Country. For homes in Watauga and Ashe, the number sold is up.But less are currently under contract.For land, the number sold is the same as August, but the number under contract is up significantly.That's interesting to me because typically September is a slow month in the real estate...
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September 2023: What's Happening in the Watauga Housing Market?

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September 2023 is an interesting month for property in the High Country. For homes in Watauga and Ashe, the number sold is up.But less are currently under contract.For land, the number sold is the same as August, but the number under contract is up significantly.That's interesting to me because typically September is a slow month in the real estate...
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August 2023: What's Happening in the High Country Land Market?

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As is the case with the Ashe County housing market,  the High Country land market also 'makes sense.'  The number sold is up, a 'typical' summer pattern.  The number under contract is essentially holding steady, if a tiny bit down.  The number of new listings is down a bit, 'typical' of late summer. &nbs...
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August 2023: What's Happening in the Ashe County Housing Market?

The Ashe County housing market looks far more steady, than the Watauga housing market, more like what we realtors are likely to say 'makes sense.' The number sold is up, a 'typical' summer number.  The number under contract is holding steady, as is the number on the market. The number of new home listings is down, another 'typic...
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August 2023: What's Happening in the Watauga Housing Market?

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​ I'm still pondering what makes this market a mystery.The mystery is more apparent in the Watauga housing market than the Ashe housing market. That is, the stats – what's up, what's down, what's holding steady – are all over the place, in inconsistent ways to what we usually see.The number of new home listings is up, and by August that's usually t...
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July 2023 What's Happening in the High Country Land Market?

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As is true of the housing market, the High Country Land market is holding steading.  A few more are under contract in July than June.  Less sold in July than in June, and less came on the market in July than in June.  Over 1/3 of the sale values are over $100K, with most of those in high end subdivisions.
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July 2023: What's Happening in the Ashe County Housing Market?

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​As is the case with the Watauga Housing Market, the Ashe Market is holding steading.  Number of sales is down from 2022, yet more sold in July than sold in June 2023. The Odds of Selling, the number under contract, and the average sales value remain very steady.  Homes are selling about 30 per month, with 5 months of home inventory avail...
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July 2023: What's Been Happening in the Watauga Housing Market?

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​The Watauga Housing Market continues to be very active, steady in some ways, surprising in others.  July sales are down in numbers, whereas the number under contract has increased, as has the number on the market.  It's worth noting that 17 of the 75 homes sold closed at over $1 Mil, several of them well over $1 Mil, as shown in the Scat...
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Serving the High Country

of North Carolina

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Phone: 828-264-1434