What Happened in the Watauga Housing Market February 2024?

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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 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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