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Western North Carolina Market Statistics for January 2010

I love sharing this information with my clients. This is a snapshot of our current market conditions in Western North Carolina based on the data from the Western North Carolina MLS. I focus mainly on Henderson, Buncombe, and Transylvania Counties. If you would like information about other surrounding counties, let me know and I will be glad to provide.

Henderson County
61 – Total Number of Units Closed
Here is the breakdown:
51 – Single Family Residence
7 – Condos
3– Townhomes
0– Pre-Construction

For Single Family Residences in Henderson County
The average list price for January in Henderson Co. was $222,000
The average sales price for January in Henderson Co. was $244,548
The median list price for January in Henderson Co. was $265,240
The median sales price for January in Henderson Co. was $197,900
The average days on market were 158. (Please remember this number is calculated from the list date of the current listing. This does not calculate total days on market if the home was listed with multiple agents).

Buncombe County
125 – Total Number of Units Closed
Here is the breakdown:
105 – Single Family Residence
11 – Condos
8 – Townhomes
1 – Pre-Construction

For Single Family Residences in Buncombe County

The average list price for January in Buncombe Co. was $300,980
The average sales price for January in Buncombe Co. was $280,031
The median list price for January in Buncombe Co. was $200,000
The median sales price for January in Buncombe Co. was $190,000
The average days on market were 162. (Please remember this number is calculated from the list date of the current listing. This does not calculate total days on market if the home was listed with multiple agents).

Transylvania County
15 – Total Number of Units Closed
Here is the breakdown:
15 – Single Family Residence                                                                                                                                        0 – Condos
0 – Townhomes
0 – Pre-Construction

For Single Family Residences in Transylvania County
The average list price for January in Transylvania Co. was $281,273
The average sales price for January in Transylvania Co. was $257,433
The median list price for January in Transylvania Co. was $220,000
The median sales price for January in Transylvania Co. was $186,000
The average days on market were 108. (Please remember this number is calculated from the list date of the current listing. This does not calculate total days on market if the home was listed with multiple agents).
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This information is critical in understanding our local market. It is important as you make decisions about buying and selling.

One Response to “Western North Carolina Market Statistics for January 2010”

  1. John Powell says:

    March 12, 2010
    Noah:

    Thank you for talking with me this morning. I am a commercial appraiser in NC, SC & GA, and a broker in NC & SC. I appraise Residential Developments and Subdivisions. Please add me to your mailing list for monthly stats. If by chance you have more specific stats for “high dollar” developments like Vista at Bill’s Mountain (Lake Lure), Southcliff (Asheville), Reynolds Mountain (Woodfin), Bartram’s Walk (Asheville), etc., please email ASAP :-)

    Once again, thank you, John Powell, John@pres.us.com, (704) 579-0755 (cell).

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