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...
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...
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...
  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.
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...
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...
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...
 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...
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...
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 ...
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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The picture is one of the runners crossing the finish line for the Spooky Duke race on Saturday, Nov. 5.  Spooky Duke is a fund raiser for Parent to Parent, a local nonprofit that offers resources and support to local families with special needs children.  Contact me if you'd like more information about the program.   Is this a cooli...
At milepost 272 on the Blue Ridge Parkway the Church cabin enjoys red Fall glory under a maple tree.  When I worked as a rnger on the Parkway, I was assigned the delightful duty of learning more of its history.  One story told me by a descendant of the original owners has always stood out.  Her grandfather buried his potatoes in a ho...
One month is too short a timespan to know if a change is the beginning of a trend or just a monthly fluctuation.In fact, the numbers for September are very similar to the numbers for August. Some indicators may be indicative of a trend:the list to sale ratio is down a bit, the number of new listings is down a bit, the number sold is down a tad, the...
The time is coming for Fall brilliance:  bright colors to absorb and savor and internalize within our bings.  It's nature's way of moving us from the soothing green of summer leaves to the browns and greys and less frequent greens of winter. 
  The market definitely continues to transition.Still, the stats this month make a bit more sense.For housing, the number of homes sold increased, as did the number under contract.Neither number is a significant difference from July.Homes have been coming on the market at about the rate as the number selling. The days on the market is down; th...
A mistily mysterious morning on the New River:  what will come along? 

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