Haywood County, NC - 5-Year [YTD] Residential Real Estate Sales Comparison - As of March 29 2010.

The chart below provides a 5-year comparison to the 2010 Home Sales in Maggie Valley and Waynesville (and all of Haywood County) as of 03/29/2010.

• There were 1,133 active listings 03/29 in Haywood County, NC, on the market an average of 261 days.
• Average Listing $ for the active listings is $327,722. (Too many overpriced listings.)
• Average Selling $ Year-to-Date is $202,328.
• There are 46 In Foreclosure, Short Sale and REO listings in the WNCRMLS as of 03/29. (Click here to see them).
• Absorption rate/inventory is approximately 36.5 months (healthy inventory would be 6 to 9 months).
• It is taking longer to sell a home in 2010 than in the previous 5 years for several reasons, 1 significant reason for the longer ‘days on market’ being that homes are priced too high.

(Click to enlarge)

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

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Original posted on Bucking the Real Estate Trend.