Haywood County, NC - Maggie Valley, Waynesville - Active Listings vs. What is REALLY Selling.

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Real Estate Agent

Most active listings in Haywood County NC 'appear to be' overpriced (in denial), and translate to an absorption rate of 27.31 months and an average time to sell a house of 259 days. Sales as of 12/29/09 had an average selling price of $203,381 …. (see red numbers in chart). Canton has the lowest average listing price and the lowest number (significantly) of days on market.

End of year numbers will be posted starting tomorrow (01/08/2010).

Source: MLS. Data deemed reliable but, not guaranteed.

Original posted on Bucking the Real Estate Trend.

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Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Susie - those are some significant DOM stats. Are you trending up or down at this point?

Jeff

Jan 08, 2010 02:10 PM #1
Rainmaker
595,558
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

That's a MAJOR average price drop! I hadn't even noticed the DOM until I saw Jeff's comment. But ours are about the same. I haven't done my year-end stats yet. I need to get on it!

Jan 08, 2010 07:03 PM #2
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Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Very representative for the rest of the country. .. if you wan to sell, you need to compete with the foreclosures and short sales. . otherwise you are sitting for a long time

Jan 08, 2010 08:41 PM #3
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

The DOM's were the first thing I noticed - YEECH...

Jan 08, 2010 10:02 PM #4
Rainmaker
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Susie Blackmon
Ocala, FL
Ocala, Horses, Western Wear, Horse Farms, Marketing

Jeff I am working on Waynesville numbers as well as the County numbers ... more details to follow! Quicksand.

Lisa, it's hard to want to do numbers these days.

Fernando, we STILL, believe it or not, have many sellers in denial.

Michael, I agree.

Jan 09, 2010 12:17 AM #5
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Rainmaker
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Susie Blackmon

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