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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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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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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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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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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What's Happening in the Market April 2022

Lilac
 Inventory is creeping up.  Perhaps it's the pattern familiar from past years: a Spring spike in new housing and land listings.  Or, could we be entering a more balanced market?  For the complete current picture, read the pdf below.   Download PDF File Here
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What's Happening in the Watauga Market: March 2022

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Enter your text here ...   Download PDF File Here
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What Happened in the Watauga Market: April, 2021

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The market continues very active in home, condo, and land sales.  The inventory of homes and condos, particularly under $500K, remains small.  Land sales remain strongly higher than they have been since 2007.   Download PDF File Here
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What Happened in the Watauga Market: March 2021

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In addition to the very welcome sight of new life in the form of daffodils appearing, here's what's been happening in the Watauga single family home and the High Country land markets.     Download PDF File Here
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What Happened in the Watauga Market: January, 2021

​January brought the High Country tons of snow.  But that did not cause the market to chill.   Download PDF File Here
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The Watauga Home and Land Market -- A Review of What Happened during Calendar Year 2020

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 The Watauga home and land market has been a roller coast ride in 2020.  Due to the pandemic, buyer interest and sales dipped in March and April, began to pull out in May and June -- then doubled in sales starting in July and continuing through December.  Here's the full report:   Download PDF File Here
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What's Happening in the Market: A Review of September 2019

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  Download PDF File Here
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The Watauga Real Estate Market -- a Review of 2018

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​Highlights of the Real Estate Market in the High Country for 2018 [see the pdf for the full report]: The slide upwards in sales of single family residences that began in 2016 continues.It has created the smallest inventory I have seen in my 20 years in real estate along with a concomitant increase in average sales price.See pages 3— 7 Buyers need ...
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What's the Market Doing? October 2018

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What's the Watauga Market Doing?  I'm often asked this question.  Here's a summary:   We continue yet again to have a low inventory of homes and a large inventory of land.For the single family residence market, we have the lowest inventory I've seen since 2011. Although the number sold and the number under contract are down slightly,...
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