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murphy nc homes for sale: Average Home Price Down 10% From Last Year - 2010 Year-End Market Report For Murphy NC and Cherokee County - 01/20/11 06:45 PM
Despite historically low interest rates, the number of home buyers declined in Cherokee County in 2010. There were 281 sales recorded, 28 fewer than 2009's 309 closed transactions. Home prices fell by about the same percentage in 2010. The average home price was $140,800, which is 10.6% less than the average home price of $157,600 in 2009.
Although only 3-4% of the active listings at any time are foreclosures, that category accounted for 23% of all recorded sales. There were 64 foreclosures sold, ranging from $20,000 for a 2 bedroom, 1 bath fixer-upper to $349,000 for a 3 bedroom, 2 bath … (1 comments)
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murphy nc homes for sale: November Home Sales Up Over Last Month and Last Year - November 2010 Market Report For Murphy North Carolina and Cherokee County - 12/03/10 01:43 PM
November home sales in Murphy North Carolina and Cherokee County showed a large increase over those in October. Activity picked up at the beginning of the month, perhaps reflecting renewed consumer confidence in the wake of the election, and stayed strong throughout the entire month.
There were 32 homes sold in November 2010, compared to 24 sold in November of 2009 and only 20 closed sales last month. Buyer interest remains strong, with 29 homes going under contract.
The biggest change seems to be in the price range of homes seeing increased activity. At Country Homes and Land, … (0 comments)
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murphy nc homes for sale: Riverfront 3 Bedroom Home For Sale With Mountain Views in Murphy North Carolina - 11/19/10 02:54 PM
Do you dream of an escape...of being in a place where the mountains embrace you and the cool breeze blows through your soul bringing calm to a hurried life? Then this 3 bedroom 2 bath home for sale at 54 Terrace Run in Murphy, NC may be exactly what you're searching for. It's just been listed at $150,000.
You won't find another riverfront chalet on over 2 acres of land with mountain views at this price.
Imagine sitting on your wraparound deck with a cup of coffee on a cool summer morning, listening to the sound … (3 comments)
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murphy nc homes for sale: New Mountain Homes For Sale at Ivy Bend Subdivision in Murphy North Carolina From $139,900 Including Lot - 11/18/10 06:09 PM
Dreaming of a home in the cool North Carolina mountains? Forget foreclosures and short sales - you can have a brand new 2 bedroom 2 bath home on an acre lot with mountain views for $139,900 at Ivy Bend Mountain Home subdivision in Murphy North Carolina.
Country Homes and Land is proud to introduce a new concept in mountain homes for sale in Murphy - a gated subdivision with homes designed for today's buyer at an affordable price.
Our model home being built is a spacious 2 bedroom 2 bath ranch style home overlooking the pond with … (3 comments)
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murphy nc homes for sale: Mountain Home For Sale in Country Mountain Ridge, Murphy North Carolina 28906 - 11/17/10 12:10 PM
Looking for the perfect mountain getaway? Just listed at $175,000 this 2 bedroom 2 bath ranch home for sale at 41 Waxwing Trail in Murphy North Carolina has everything you're looking for. It's located on nearly an acre in Country Mountain Ridge, a community with gentle paved roads winding past wooded lots where nature is right outside your door.
There's a covered porch all across the front of the house and an open deck off the side. Step inside and you'll see the open floor plan with soaring tongue and groove wood ceiling.
Imagine spending cozy mountain nights … (6 comments)
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murphy nc homes for sale: Mountain View Chalet For Sale $199,950 - 1116 Cardinal Road Murphy NC 28906 - 10/14/10 01:10 PM
Dreaming of a mountain home where you and your family can gather all year round? Wait till you see the view from this affordable 2 bedroom 2 bath home for sale at 1116 Cardinal Road in the Tarheel Subdivision of Murphy North Carolina 28906.
Located on a ridge with incredible long range views only 5 minutes from downtown Murphy, this home can help pay for itself as a vacation rental.
There's enough parking area for several cars and 2 levels of decks for guests and visitors to enjoy outdoor living in our mild four season climate.
Here's … (0 comments)
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murphy nc homes for sale: Lower Interest Rates Keep August, September 2010 Pending Home Sales Steady - Real Estate Market Report for Murphy NC and Cherokee County - 10/04/10 04:05 PM
Local interest rates are still dropping. The combination of historically low rates and low prices on homes for sale in Murphy North Carolina and Cherokee County continues to attract buyers to the mountains. August sales matched those of a year ago with 36 homes sold and 28 more going under contract.
September's closed sales were down over those of a year ago, however the number of homes going under contract was basically the same as in August. There were 23 home sales in September, 2010 compared to 34 in September of 2009.
Inventory remains lower than it was earlier in … (0 comments)
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murphy nc homes for sale: The Average Sale Price of a Mountain Home in Murphy North Carolina Is $153,500 - 3rd Quarter 2010 Real Estate Market Report - 10/01/10 03:18 PM
If you've been dreaming of a home in the cool mountains of Murphy North Carolina, today's prices coupled with historically low interest rates can make that dream a reality.
The number of homes sold in Murphy North Carolina and Cherokee County for the third quarter of this year is down slightly from 3rd quarter of 2009, but prices are almost unchanged from those of a year ago. The average price of a home sold over the summer was just over $150,000
Homes Sold Days on Market Average Sale Price
2010 80 249 $153,559
2009 91 223 $154,400
2008 70 239 … (10 comments)
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murphy nc homes for sale: Brand New 3 Bedroom Chalet With Craftsman Style Details at Overlook Brasstown $225,000 - 77 Heritage Trail Murphy North Carolina 28906 - 09/27/10 04:42 PM
Quality Craftsman-style construction is the hallmark of the homes at Overlook Brasstown, and this brand new 3 bedroom 2 bath chalet for sale at 77 Heritage Trail, Murphy, North Carolina has all the special features you love.
View this tour in a new window. Virtual Tours in Atlanta,North Ga,Western NC,TN,SC In the Great Room, a stone fireplace soars to the top of the cathedral ceiling with its tongue and groove wood paneling. A bay window in the dining room provides a view of the spacious wooded lot. Granite countertops in the open kitchen and hand finished red oak floors throughout the open living … (7 comments)
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murphy nc homes for sale: Open That Business You've Aways Dreamed of in the Cool NC Mountains - 3 Unit Commercial Building For Sale 16164 Hwy 64 West Murphy NC $295,000 - 09/18/10 12:53 PM
Antique shop, mountain arts and crafts mall - maybe an upscale fly fishing shop? Great location with endless possibilites in this commercial building for sale at 16164 Hwy 64 West in the beautiful mountains of Murphy, North Carolina 28906. With 2,700 sq. ft. on the main level and another 1,200 sq. ft. unfinished upstairs, there's room for your business and space to rent for extra income.
It's located on busy Hwy 64 West, just minutes from Blue Ridge, GA and white water rafting through the Ocoee Gorge in Tennessee. Currently, it's the only art supply store within an hour's drive of this 3 state … (3 comments)
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murphy nc homes for sale: July Home Sales Are Steady, Inventory Is Down - July 2010 Real Estate Market Report For Murphy NC and Cherokee County - 08/08/10 01:03 PM
Buyers continue to flock to the mountains of Murphy NC and Cherokee County this summer. Home sales in July 2010 stayed on track for the year with 28 homes sold countywide and another 40 under contract.
Inventory is still declining. Last month, there were 835 homes for sale and this month there are 814. In June, 95 new listings came on the market. For July, there were 83 new residential listings.
Surprisingly, the number of homes sold was exactly the same as for July of 2009. This was true for the month of June as well. Low prices and historically low interest rates continue to entice … (0 comments)
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murphy nc homes for sale: Spend Summer in This Cabin in the Cool Mountains 2 BR/2BA Home for Sale $137,900 179 Kinwood Trail, Murphy NC - 07/14/10 12:07 PM
Escape to the cool mountains this summer! This immaculate 2 bedroom 2 bath ranch home for sale at 179 Kinwood Trail in Murphy North Carolina is the perfect affordable getaway. The open floor plan features a large Great Room with vaulted ceiling and a stone fireplace with gas logs for cool evenings.
There are hardwood floors throughout the home and tile in the two baths. The vaulted ceiling extends over the adjoining kitchen and dining area, where you can enjoy a meal by firelight or while watching the wildlife in your private patch of woods just outside the door.
Down … (2 comments)
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murphy nc homes for sale: Prices Fall But Number of Homes Sold in the Mountains Over the Last Three Years Remains Steady - 2010 Mid-Year Market Report For Murphy North Carolina and Cherokee County - 07/07/10 03:25 PM
For the last few years, the woes of the real estate market have dominated our national news. Amidst the heart-rending tales has been the underlying theme that overall home sales have plummeted. Some experts claim the worst is yet to come and the upswing noted in parts of the country won't continue.
But when I took a look at the real numbers for home sales in Murphy, North Carolina and Cherokee County over the last 3 years, I was shocked at what I discovered.
For the first 6 months of 2010, there were EXACTLY the same number of homes sold in our area … (0 comments)
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murphy nc homes for sale: News of New Casino Coming To the Mountains Drives Pending Home Sales Up 68% - May 2010 Real Estate Report for Murphy NC and Cherokee County - 06/03/10 05:44 PM
Sellers in Murphy North Carolina and Cherokee County saw a huge increase in activity in May. Pending home sales rose 68% over April's figures as buyers entered the market after the Eastern Band of Cherokee Indians announced plans to buy 800 acres of land and build a new Class II gaming facility between Murphy and Marble, North Carolina.
News that the Tribe will spend $6.4 million purchasing land in Cherokee County was announced early in May. Although the Federal tax credit expired on April 30, buyers seemed more motivated by the casino news and mortgage rates that moved even lower than they have been … (1 comments)
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murphy nc homes for sale: Invest in the Mountains - 3 Bedroom Home And Old Log Cabin For Sale On 41 Acres, Beautiful Views, Near New Casino $351,000 - 1483 Hwy 64 West, Murphy NC - 05/27/10 01:26 PM
Why gamble on the stock market when you can invest in a sure thing? The long range mountain views make this 41 acre tract of land for sale in Murphy, North Carolina near the planned new Cherokee Indian casino a winner.
The property includes a cozy 3 bedroom 2 bath chalet. Move in while you build your dream mountaintop estate, then use it as a guest house. Or have a place to stay in the cool mountains while you plan a future residential development on this unrestricted 41 acre tract of land for sale.
There's easy access off busy Hwy 64 but you'll never need to … (2 comments)
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murphy nc homes for sale: Corporate Retreat 18 Room Private Estate For Sale on 16 Acres in the Cool Mountains $793.000 - 860 Morrow Rd, Murphy NC 28906 - 05/24/10 03:50 PM
Luxurious private estate or corporate retreat - there's room for everyone in this custom built mountain home for sale on 16 acres in the cool mountains of Murphy, North Carolina. There are private living quarters on three levels, including TWO enormous master suites and TWO gourmet kitchens.
There are 3 spacious living areas, including this large living room with a stone fireplace on the second level.
French doors lead to one of the screened porches where you can relax and enjoy the sights and sounds of nature that surround this gracious home.
The adjoining dining room with its soaring ceiling will easily seat … (11 comments)
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murphy nc homes for sale: There's Good News Today for Murphy, North Carolina Home Sellers - 05/18/10 03:45 PM
Do you have a home for sale in Murphy, North Carolina? There's good news on the horizon for you as a Cherokee County seller! We know it's been tough for you as sellers with all the negative stories you hear every day and we wanted to pass along some positive news for a change.
Our busy summer season will be here in just a few weeks and all indications point to a better real estate market than we had in the summer of 2009. Here's why:
April sales figures are in and home sales last month are up over those of a year ago, … (2 comments)
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murphy nc homes for sale: Spend Your Summer on This Cool Mountain Lake in a Bear Paw Resort Lakefront Condo - Lakefront Homes for Sale in Murphy North Carolina - 03/31/10 01:28 PM
Are you ready to escape to a secluded home on a lake in the cool mountains? Ready for a REAL vacation with no maintenance headaches? The townhouse condos at Bear Paw Resort on Lake Hiwassee are just what you've been looking for. These affordable lakefront homes for sale in the mountains of Murphy, North Carolina offer the ease of condo living in the peace and serenity of the Smokey Mountains.
Your outdoor living area with both covered porch and open deck overlooks miles of US Forest Service on the opposite shore of the lake.
This incredible lake and mountain view will never be … (3 comments)
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murphy nc homes for sale: Wildcat Subdivision - A Gated Community in the Mountains of Murphy North Carolina - 03/25/10 03:56 PM
Wildcat Subdivision offers the wonderful long range mountain views that draw people to Murphy, North Carolina from all over the country. With a mixture of full-time residents and vacation homeowners, this gated community is an established neighborhood only 3 miles from downtown with a variety of home styles on spacious lots of an acre or more.
A wide boulevard lined with Bradford pear trees leads to the gated entrance. Paved roads wind through the subdivision all the way to the top of the mountain. With an elevation at the summit of 2172 ft, Wildcat Mountain has some of the … (1 comments)
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murphy nc homes for sale: Selling Your Murphy, North Carolina Home? Flat Fee or Full Commission - Now You Can Choose - 03/15/10 01:03 PM
Do you have a home for sale in the mountains of Murphy, North Carolina or Cherokee County? It's time you had a real estate professional tell it like it is.
Maybe you've had your Murphy, North Carolina home for sale for awhile now and the listing has expired.
You're tired of empty promises from listing agents who sign you up and then are never heard from again. You'd still like to sell, but you're not going to cut the price to compete with foreclosures. You've heard the market has been slow and you don't feel that now is the right time to … (0 comments)
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Kate Wheeler CCIM Murphy NC Real Estate for Sale
Murphy,
NC
More about me…
Country Homes and Land Murphy NC Realtor
Address: 980 Hwy 64 West, Murphy, NC, 28906
Office Phone: (828) 837-9989
Cell Phone: (828) 361-1142
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