Sales data comparison for years 2006 and 2007 for mountain real estate in Jackson County, NC.  Data is derived from the Northern Jackson County MLS.

TOTAL UNITS  (Residential and Land)

2006-521 units

2007-426 units

Avg. Sales Price

2006-$155,800

2007-$162,002

Avg. Days on Market

2006-235 days

2007-208 days

RESIDENTIAL UNITS

2006-305 units

2007-237 units

Avg. Sales Price

2006-$191,777

2007-$201,006

Avg. Days on Market

2006-174 days

2007-156 days

LAND UNITS

2006-199 units

2007-174 units

Avg. Sales Price

2006-$41,000

2007-$45,000

Avg. Days on Market

2006-326 days

2007-260 days

The major difference between 2006 and 2007 was the low volume of buyers entering the market, evidenced by the 18.23% decrease in Total Units Sold.  Days on Market for total units decreased 11.4%, with Residential prices going up by 4.8%.  Land sale prices reduced by 8.97% from 2006 to 2007.