Real Estate Market Analysis 5/3 - 6/6 Jackson & Swain Counties NC

Real Estate Broker/Owner with Steed Talker Realty is with two hours of Tryon International Equestrian Center and we offer the best properties in the area. 264057

Week of 5/31/14 through 6/6/14 Real Estate Market Analysis for North Jackson and Swain Counties NC


Buyer Treasure Trove


North Jackson and Swain real estate markets still remain a treasure trove of opportunities for buyers.  Residential property sells are at their highest levels since 2008 and homes are selling.  There still remains an adequate supply of homes for sale giving buyers choice and negotiation power.


Sellers Entering the Market


The last week shows sellers entering the market to take advantage of the up-surge in home sales. 


In the last week 21 homes were brought onto the market.  New listing prices range from $35,000 to $865,000.  With this range there remains purchasing opportunities to meet the needs of a broad range of financial situations. There were 6 residential homes sold this past week.


With 3.50 times the number of new listings to sold properties the number of new listings to sold continues to favor the buyer.  Home sale prices range from $60,000 to $190,000, which indicates that lower end homes continue to out sell the high-end market.


TABLE: North Jackson & Swain NC Real Estate Market Analysis Week of 5/31– 6/6

real estate market analysis Jackon Swain counties NC


This is a good time for sellers to enter the market.  In Jackson and Swain Counties sells have historically remained highest through the summer season, making early summer an excellent time to bring a property onto the market. 


Existing home sells are still dominating the market.  This is due largely to the fact that new construction is still not rebounding in our region as existing homes continue to sell below cost of construction.


You can view current North Jackson and Swain County listings here for further market analysis. 


There are currently 676 single family homes listed ranging in list price from a low of $33,500 to a high of $1,999,999 with average list price being $248,338.  The absorption rate remains at 26 months, which means that at this week’s sells level it will take 26 months to clear the existing inventory if no new listings were to be brought onto the market. 


These over all figures are beneficial for determining general market trends.  Every home, though, is unique and pricing your home to sell requires a specialized analysis of your property.  The key to selling a home in any market is accurate pricing.


Contact us for a FREE no obligation market analysis.


For more information on the North Jackson and Swain Counties Real Estate Market or to sell a home in Sylva, Cullowhee, Dillsboro, Webster, Tuckasegee, Whittier, or Balsam contact us.


All market analysis information is obtained from the North Jackson County Multiple Listing Service and sold by various MLS participants. The analysis does not include private sales. It is deemed accurate but not guaranteed or warranted.





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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Ttraver

Thank you for the overall market analysis.  It is helpful for the buyers and sellers in the area.

Jun 11, 2014 01:17 AM #1
Randy Shamburger
Movement Mortgage - Greenville, SC
FHA, VA, USDA and Conventional Mortgage Expert

Great market report, thanks for sharing.

Have a Big day,


Jun 11, 2014 02:54 AM #2
Patricia Feager, MBA, CRS, GRI,MRP
Selling Homes Changing Lives


That's exciting news!  The fact that North Jacksonand Swain still reamins a treasure trove of buyer's opportunties is good for the economy, the land, and the people! We've had escalating sale prices in my necks of the woods too! NC is such a beautiful place to call home. Wild horses shouldn't stop buyers from contacting you to show them the land and opportunties for housing! 

Jun 11, 2014 04:39 AM #3
allen lomax

Tim - Yes, market analysis are helpful for buyers and sellers. More people should use them than do. Most buyers in particular shop in the dark.

Jun 11, 2014 05:20 AM #4
Allen Lomax
Steed Talker Realty is with two hours of Tryon International Equestrian Center and we offer the best properties in th... - Sylva, NC
WNC Mountain Homes & Horse Farms Specialists

Randy -  Thank you and have a big day yourself!  It is a wonderful world.

Jun 11, 2014 05:22 AM #5
Allen Lomax
Steed Talker Realty is with two hours of Tryon International Equestrian Center and we offer the best properties in th... - Sylva, NC
WNC Mountain Homes & Horse Farms Specialists

Patricia -  With prices and interest rates where they are along with the natural beauty of Appalachia we should be seeing no end to buyers.  The opportunities are not likely to every be so good again. 

Jun 11, 2014 05:24 AM #6
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Allen, this is a comprehensive market report. The price range of available homes for sale suggests that a home buyer is likely to find what they are looking for in their price range.  

Jun 11, 2014 07:56 AM #7
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Allen Lomax

WNC Mountain Homes & Horse Farms Specialists
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