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 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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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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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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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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