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?

coltsfoot
​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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June 2023: What's Been Happening in the High Country Land Market?

The High Country land market is holding steady:  approximately same number of parcels on the market, under contract, coming on the market, and selling, plus selling in approximately the same patterns: 
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June 2023: What's Been Happening in the Ashe County Home Market?

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I've heard several realtors recently say 'This is a strange market.' Today, a realtor characterized it as 'goofy.' To me, that means we're transitioning and don't have a clear handle on where we're headed. What are the clues? One is odds of selling. For the Ashe County single family housing market, the odds have gone down, overall for all home...
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What's Been Happening in the Market: Watauga Housing June 2023

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I've heard several realtors recently say 'This is a strange market.'  Today, a realtor characterized it as 'goofy.'   To me, that means we're transitioning and don't have a clear handle on where we're headed.  What are the clues?   One is odds of selling.  For the Watauga single family housing market, the odd...
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May 2023: What's Been Happening in the Ashe County Housing Market?

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The housing market in Ashe and Watauga are following what I would consider to be typical Spring markets.The number of new listings coming on the market is higher than earlier this year.The number selling has risen a bit but overall, but the odds of selling have dropped due to more homes on the market.The numbers are slightly different; nothing sign...
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May 2023: What's Been Happening in the High Country Land Market?

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  The land market has seen an upsurge in the number of parcels under contract, compared to April.The size and market values continue in the pattern that has been typical in recent years.
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May 2023: What Happened in the Watauga Housing Market?

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The housing market in Ashe and Watauga are following what I would consider to be typical Spring markets.The number of new listings coming on the market is higher than earlier this year.The number selling has risen a bit but overall, but the odds of selling have dropped due to more homes on the market.The numbers are slightly different; nothing sign...
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April 2023: The High Country Land Market

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As with the local housing market, the Spring spike in land parcels on the market indicates 2023 may be following the typical pattern of an increase in new listings.  The total number currently active is up from March.  Other stats show a steady market: the number sold, the listing to sell ratio, the number under contract and the number th...
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April 2023: What Happened in the Ashe County Housing Market?

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The picture for the Ashe County Housing market is similar to the Watauga Market.  A slight increase in new listings, yet sales remaining consistent mean there's a low inventory of homes but the appearance of a typical Spring spike in homes on the market.  Homes are selling at an average of 35 per month with a list to sale ratio of 95%, an...
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April 2023: What Happened in the Watauga Housing Market?

April 2023:  What Happened in the Watauga Housing Market?
 It's Spring. In Spring characteristically the number of properties begins to spike, often continually through July and August.  The stats for April indicate that is happening in 2023.  The inventory is still low because homes continue to sell but in April more homes came on the market than sold. Not a great deal more but enough to e...
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What's Happening in the High Country Land Market? March 2023

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Although cooling from the very high activity in 2021 and 2022, the High Country Land market remains very active, moving a bit more in March than the slower winter months.  190 land listings came on the market in March. 63 sold; view the graph below to see what values land is selling at.  The list to sell ratio for land remains around...
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What Happened in the Market March 2023: Ashe County

coltsfoot
Although 'cooler' than a year ago, the home market in Ashe County continues to remain active.  67 homes are currently on the market.  29 sold in March 2023, averaging 87 days from list to closing at an average per foot value of $217/sq ft.  The average sold price is $390K.   The 'cooler' market is visible by comparing ...
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What Happened in the Market March 2023? The Watauga Housing Market

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Even though 'cooler' than a year ago, the Watauga home market continues to be active. As often happens this time of year, the number of new listings [97 in March] and the number of sales are creeping up [see The Buying Pattern chart below]. View the market flowing in The Pond graph below:  for the past 90 days 213 new home ...
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What Happened in the Ashe County Market 2022? A Review of the Year

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What Happened in the Watauga Market 2022? A Review of 2022

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