March Market Update

By
Real Estate Agent with Looking Glass Realty

It's spring time in the mountains around Brevard, North Carolina.  That means the daffodils and tulips are blooming and the local farmers market will be opening soon.  It's also the time when Brevard real estate starts its year.  Memorial Day is when the official starting gun fires, but in the month or so leading up to that, you can sense a shift in the air.  From everything I'm reading and based on the drum beat I hear among my fellow REALTORS, 2015 is going to be a good year.

So how are things looking so far? Transylvania County and the Brevard area continues to be very active. In fact in March, we nearly doubled in residential sales over the previous year.  The lions' share of sales continues to be $350,000 and under, a trend that has been steady the last 3-5 years.  Plus, while our average selling price of $227,940 was virtually unchanged from this time last year, the percentage of selling price to asking price rose to 95.7%. So for buyers looking for real estate in the Brevard, NC area, you can expect to pay closer to the asking price than in years past.  

We're also seeing more and more multiple offers on properties that are priced right and in the best condition for the price point. This points to more competition among buyers for homes with the best values.  

If you'd like more information about Brevard, NC real estate, or if you'd like a complete copy of our monthly market reports, visit us online at BrevardNCProperty.com.

 

Posted by

 

 

...................................................................................................................................................................

Proudly serving buyers and sellers in Asheville, Hendersonville, Etowah, Brevard, Cashiers, and all the wonderful mountain communities in between.

For more information about buying or selling homes or land in the Brevard, NC area, contact the Clay Team today at BrevardNCProperty.com!

To receive to our monthly e-newsletter, property updates, or other information, subscribe here.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
North Carolina Transylvania County Brevard
Tags:
nc market report
brevard nc real estate
brevard nc property
homes and land for sale in nc

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
148,415

Carol Clay

Broker/REALTOR, Brevard NC Real Estate Specialist
Get automatic listing updates!
*
*
*
*
Spam prevention

Additional Information