And that is why Every Market is Different | Franklin NC Market 2014

By
Real Estate Broker/Owner with Owner/Broker RE/MAX Elite Realty 261013

And that is why Every Market is Different | Franklin NC Market 2014

I was shocked when I pulled up our stats for the local Franklin, NC Market today.  We are not doing as well as we did last year.  I really didn't notice much because our office here at Re/Max Elite Realty has been really busy this half of the year. 

 Market Comparison Report
Dates:  01/01/2014 to 7/30/2014
   01/01/2013 to 7/30/2013
Property Types:  ALL
Areas:  ALL
  Jan 1 - Jul 30, 2013 Jan 1 - Jul 30, 2014 Difference Percentage
Property Type Units Dollars Units Dollars Units Dollars Units Dollars
Residential 328 42,715,859.00 273 35,105,275.00 -55 -7,610,584.00 -16.77 -17.82
Land 71 2,222,801.00 56 3,233,109.00 -15 1,010,308.00 -21.13 45.45
Commercial 3 1,230,000.00 6 617,500.00 3 -612,500.00 100.00 -49.80
Available Rental 0 0.00 0 0.00 0 0.00    
Totals: 402 46,168,660.00 335 38,955,884.00 -67 -7,212,776.00 -16.67 -15.62

We are down 55 Home Sales, 15 Land Sales while Commercial stayed the same at 3 sales.  Land certainly has taken the hardest hit around the NC mountains.  We still have foreclosures and short sales around but not as many.

It really surprised me because in Asheville, NC they cant keep a home on the market for 2 weeks without it going under contract.  I hear from my colleague's in Florida and other areas their market picking up and hard to find housing and increasing asking prices. 

Clients that hear the good news on the TV, Internet and from friends in different areas really need to let a professional help them in their Local Market and this proves it.  This is why they say "Every Market is Different to hire a professional Real Estate Agent"!

Franklin North Carolina's Market is NOT doing as hot as one thinks!

 

Posted by

June Tassillo ~ Owner/Broker/SFR Let me help you with the next phase of your life!

  

 

June TassilloRe/Max Elite Realty Franklin, NC  

  ~ June Tassillo ~

    Owner/Broker

RE/MAX Elite Realty

1296 E. Main St. Franklin, NC 28734

Cell: (828) 371-2339

junetassillo@gmail.com

www.JunesRealtor.com

If you are Buying, Selling, Relocating or want a Second Home in the Franklin, NC area and need help from a Professional Real Estate Broker, I would be happy to assist you with the next phase of your life! Visit my Web Site & Be my Guest on our MLS and search for properties in Macon County, NC for free.

Comments (5)

Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     June, we have the same problem in Tallahassee (Florida).  Everyone sees the news about Sarasota or Miami houses selling for top dollar in a couple of days.   They think that it happens in my town.   Not here; not yet!

Jul 30, 2014 04:21 AM
June Tassillo
Owner/Broker RE/MAX Elite Realty - Franklin, NC
Let me help you with the next phase of your life!

Fred it blows me away that people think because its really good in a area in another town they still think is good here.  Let alone another State even. 

Jul 30, 2014 04:53 AM
Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

Great post today, was a pleasure reading it.  Look forward to your next one.  Liz in Chandler

Jul 30, 2014 01:28 PM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Interesting numbers. I guess the idea that its better everywhere is not so true. Wishing you a better second half!

Aug 07, 2014 08:08 AM
F U
nobody - Alamance, NT
Dead

You are absolutely right June. I'm not sure the news reports are really accurate. We all hear good news and want to believe but I also keep an eye on other markets and they too are not so hot. Good post, thanks for keeping me informed.

Dec 16, 2014 11:10 PM