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Hendersonville NC - Western NC Regional MLS Residential February Market Report

By
Real Estate Agent with Coldwell Banker King NC #228932

Hendersonville NC - Western NC Regional MLS Residential February Market Report

Village Street Clipart

2011 January Residential
Statistics

      2012 January Residential
Statistics (Adjusted 03/16/12)
   
             
Single-Family Homes Sold   263   Single-Family Homes Sold   335
Average Days on Market   189   Average Days on Market   203
Average Selling Price   $200,682   Average Selling Price   $222,544
Month End Inventory   7,903   Month End Inventory   7,002
Average List Price   $216,596   Average List Price   $240,933
% Difference Sale to List   92.7%   % Difference Sale to List   92.4%
             
2011 February Residential
Statistics
      2012 February Residential
Statistics
   
             
Single-Family Homes Sold   273   Single-Family Homes Sold   354
Average Days on Market   198   Average Days on Market   191
Average Selling Price   213,165   Average Selling Price   $202,437
Month End Inventory   7,978   Month End Inventory   6,991
Average List Price   $236,252   Average List Price   $221,568
% Difference Sale to List   90.2%   % Difference Sale to List  

91.4%

These stats are for the 5 counties served by our Multiple Listing Service and are for residential properties only, not including lots/land.

Inventory is lower in part due to many properties not renewing their listing contracts and waiting until the Spring to do so.  We're pleased to see more properties SOLD and less days on the market.

The strong buyers market continues.  Buyers still have a great selection to choose from including short sales and foreclosures which generally take some patience as they are slow moving.  Low interest rates continue and I can't imagine a better time for buyers/investors in a position to purchase than now.  Come see what all gorgeous Western NC has to offer.

For further info and properties for sale in Hendersonville, Asheville, Brevard and Haywood and Madison County visit Robin's Website.

Posted by

Robin

Robin Dampier, Broker Assoc.
Realtor, e-Pro (internet savvy!)
Coldwell Banker King
Cell:  828-231-5069
Fax:  828-318-8666
"Welcome To Gorgeous Western NC"

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Robin and Sue, we are hearing this from around the country now... lower inventory!  Yet, there are still buyers who don't see the writing on the wall.  Thanks for sharing your very detailed market report!

Mar 20, 2012 11:31 AM
Roy Kelley
Retired - Gaithersburg, MD

Spring is a good time for home buyers to make their selection in Hendersonville.

And, we again need to visit your beautiful community.

Mar 20, 2012 09:46 PM
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Sue and Robin, I am so glad that there are still great places to live that have affordable housing of all types. No wonder everybody here is moving to North Carolina! Hendersonville here we come.

Mar 26, 2012 10:22 PM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Sue - You are certainly THE person to go to if looking for property in Hendersonville!

Mar 28, 2012 06:25 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It is such a good feeling reading market reports in different areas that are enjoying a great 2012 year!    Hoping this trend continues and you have the best year ever this year!

Mar 29, 2012 01:24 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Robin and Sue -- higher units in sales and higher prices --- sounds like a good combination in Hendersonville!

Mar 31, 2012 11:55 PM
Roy Kelley
Retired - Gaithersburg, MD

This spring is a wonderful time for home buyers to take advantage of the attractive prices and very low mortgage interest rates.

Have a most productive April.

Camellias are blooming in Maryland.

Apr 02, 2012 01:39 AM