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Cherokee County North Carolina Market Snapshot - June 2011

By
Real Estate Agent with Hiawassee, Young Harris, Blairsville, Hayesville, Murphy and Beyond! GA 281904 and NC 185282

Cherokee County North Carolina Market Snapshot - June, 2011

 

Cherokee County North Carolina

 

 

The real estate market in Cherokee County North Carolina continues to hold steady.   While prices are seeing an overall drop on average of 10 - 12% over a 12 month period, sales are steady.

 

 

 

 

During the month of June, Cherokee County North Carolina reported 29 sales in the Multiple Listing Service (MLS).  Of those, 23 were Residential and 6 were VaCherokee County North Carolinacant Lot and/or Acreage sales.  Cherokee County North Carolina sales represented slightly under 12% of the overall sales reported in the MLS for June.

 

 

The Residential sales had list prices ranging from $49,900 Cherokee County North Carolinato $419,900.  Corresponding sales prices ranged from $34,650 to $375,000.  The largest segment, with 10 units sold, were those priced between $100,000 to $200,000.  

 

 

Cherokee County North Carolina

 

The Land sales had list prices ranging from $6900 to $85,000.  Corresponding sales prices ranged from $6000 to $68,000. 

 

 

Foreclosures made up 31% of the total sales and we are pleased to say that five of the transactions were handled by Team Daves!

 

 

 

See All Cherokee County Foreclosures By Area:

 Andrews NC Foreclosures

 Marble NC Foreclosures

 Murphy NC Foreclosures

 

 

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Comments(5)

Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

That's a nice compilation of the market in Cherokee County, NC, Cyndi & Bill. Congrats on the sales!

Jul 09, 2011 12:50 AM
Bill & Cyndi Daves
Hiawassee, Young Harris, Blairsville, Hayesville, Murphy and Beyond! - Hiawassee, GA
TeamDAVES - Your REALTORS In the GA/NC Mountains!

Good Morning Toni and thank you!  I am sure there are many who will laugh at only 29 sales county-wide but we are a small town!!

Jul 09, 2011 01:07 AM
Mona Gersky
MoonDancer Realty, Dillsboro,NC - Sylva, NC
GRI,IMSD-Taking the mystery out of real estate.

Inch by inch, at least you are creeping upward.  Nice work.

Jul 09, 2011 03:34 PM
Bill & Cyndi Daves
Hiawassee, Young Harris, Blairsville, Hayesville, Murphy and Beyond! - Hiawassee, GA
TeamDAVES - Your REALTORS In the GA/NC Mountains!

Hey Mona - Prices are still creeping down, but sales are up!

Jul 10, 2011 02:17 AM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

I like the lay out and visual of your Market Report. It is very easy to read. Happy to hear sales are up!

Sharon

Jul 13, 2011 04:49 PM