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Market Update for the Hendersonville, NC Area

By
Real Estate Agent with Coldwell Banker King NC #228932

These numbers are provided by the 4 County WNC Regional MLS system and represent home sales in Buncombe (Asheville Area), Haywood, Henderson (Hendersonville Area) and Transylvania (Brevard Area) counties.

 

2007 December Residential Statistics     2008 December Residential Statistics    
Single-Family Homes Sold 477   Single-Family Homes Sold   319
Average Days on Market 113   Average Days on Market   157
Average Selling Price $277,906   Average Selling Price   $249,810
Month End Inventory 7,162   Month End Inventory   7,722
Average List Price $288,697    Average List Price   $266,011
% Difference Sale to List 96.3%   % Difference Sale to List   93.9%
           
2008 January Residential Statistics     2009 January Residential Statistics    
Single-Family Homes Sold 374   Single-Family Homes Sold   213
Average Days on Market 112   Average Days on Market   142
Average Selling Price $265,418   Average Selling Price   $255,435
Month End Inventory 7,333    Month End Inventory   7,778
Average List Price $280,122    Average List Price   $283,204
% Difference Sale to List 94.8%    % Difference Sale to List   90.2%


Our Buyers Market continues, but, we are starting to notice a pick up in requests for information and showings.  A good sign for the Spring.  With a very high inventory of properties available to choose from and low interest rates this is definately a great opportunity for qualified buyers to purchase property.

If you would find a further breakdown of the statistics helpful, such as by county, etc, get in touch.

I hope you will find this info helpful and for further info on the area please visit my home site at:  http://NC-Hendersonville.com   Thanks, Robin

Posted by

Robin

Robin Dampier, Broker Assoc.
Realtor, e-Pro (internet savvy!)
Coldwell Banker King
Cell:  828-231-5069
Fax:  828-318-8666
"Welcome To Gorgeous Western NC"

Comments (2)

Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Robin, this market analysis has a lot of great information in an easy to absorb format.  I might borrow it!

Feb 28, 2009 04:03 AM
Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

Hi Patricia, thanks for the kind words.  As a 4 county regional MLS I figured it would be overkill to break out the counties and all types of available data.  That info we provide upon request with the consumers contact info in hand.

P.S.:  I enjoyed your Blog "They Are The Boss Of Us" and you received a lot of good comments.

Sue (the Sue half of Robin and Sue)
http://NC-Hendersonville.com

Feb 28, 2009 05:38 AM