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

instagram-beaver-dam-broken
Both the home and land markets are moving in ways that are typical of past Spring markets in the mountains. Both in Watauga and Ashe, more homes are coming on the market, as is true of land, as well. The average and sold values of homes is up in both Ashe and Watauga. The number sold was up a bit for Watauga; down a bit for Ashe. The Odds of Sellin...
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What's Happening in the Ashe County Home Market? April 2024

instagram-bloodroot
Both the home and land markets are moving in ways that are typical of past Spring markets in the mountains. Both in Watauga and Ashe, more homes are coming on the market, as is true of land, as well. The average and sold values of homes is up in both Ashe and Watauga. The number sold was up a bit for Watauga; down a bit for Ashe. The Odds of Sellin...
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What's Happening in the Watauga Home Market? April 2024

instagram-apple-blossom
  Both the home and land markets are moving in ways that are typical of past Spring markets in the mountains. Both in Watauga and Ashe, more homes are coming on the market, as is true of land, as well. The average and sold values of homes is up in both Ashe and Watauga. The number sold was up a bit for Watauga; down a bit for Ashe. The Odds of...
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What's Happening in the High Country Land Market? March 2024

instagram-birch-reflections
For High Country land there are some surprises, and some items about the same. The number of parcels currently active decreased, despite 145 new listings coming on the market; 93 parcels left the market unsold. The number sold and the price values sold remain about the same as February. Yet the number under contract increased almost 3 times. Spring...
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What's Happening in the Ashe County Home Market? March 2024

2016jan-29
The March 2024 real estate market turns out to be a mixed bag of messages…possibly amounting to the beginning of the 'typical' Spring spike in number of homes on the market and an increasing number of active buyers.   In Ashe,  The number of homes active is up, as is the number under contract, and the number of new listings. For Ashe, the...
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What's Happening in the Watauga Home Market? March 2024

instagram-buck-through-tunnel
  The March 2024 real estate market turns out to be a mixed bag of messages…possibly amounting to the beginning of the 'typical' Spring spike in number of homes on the market and an increasing number of active buyers. What do I mean by mixed bag?For instance, the number of new home listings in the Watauga market is up, but the total inventory ...
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What Happened in the High Country Land Market February 2024?

mist over-trout-lake
  The High Country land market also shows some change from January 2024, but nothing significantly different. The number sold and the number under contract decreased, but so did the number of new parcels coming on the market. Overall, there are about as many for sale in February as at the beginning of January. Buyers continue to be very intere...
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What Happened in the Market in Ashe County NC in February 2024?

church at sunset
  It's been an interesting month. The housing stats are all over the place, but in general there are a few more houses on the market than in January, a trend characteristic of approaching Spring and summer. Average and median sales prices bounced around but are not significantly different than a month ago. The list-to-sale ratio dropped in bot...
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What Happened in the Watauga Housing Market February 2024?

Boats on Price Lake
It's been an interesting month. The housing stats are all over the place, but in general there are a few more houses on the market than in January, a trend characteristic of approaching Spring and summer. Average and median sales prices bounced around but are not significantly different than a month ago. The list-to-sale ratio dropped in both Watau...
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What's Happening in the Market? The High Country Land Market January 2024

2016jan-4
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

2016jan-3
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

turkey-tracts-revised-1
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

Blair-House-Boone-08000812
​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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What's Happening in the Ashe County Housing Market: November 2023

price-lake-sept-2023
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

red-oak
 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

pile-of-yellow-leaves-revised-2
  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

yellow-maple-smallish-tree-revised-3
  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

pile-of-yellow-leaves-revised
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?

barn
  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?

new-york-asters-2
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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Serving the High Country

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