WNC Market Review June 2015

coweemountains1

Year Over Year Data
Henderson County
• 4% increase in values, Median $193,000
• 95% LTS
• Median DOM 98
• 11% increase in the number of units sold, 1862
• 45% increase in the number of units sold from 2010
• 13.4% off in median values from 2007
• 6 Months of Absorption, 970 Active
• 11.5% Increase in Sales Volume

 
Buncombe County
• 4% increase in values, Median $219,000
• 96% LTS
• Median DOM 77
• 9.5% increase in the number of units sold, 3780
• 41% Increase in the number of units sold from 2010
• 4% off in median values from 2007
• 4.4 Months of Absorption, 1632 Active
• 11 % Increase in Sales Volume

 
Polk County
• 12% increase in values, Median $195,000
• 93% LTS
• Median DOM 164
• 18% increase in number of units sold, 237
• 60% increase in number of units from 2010
• 21% off in median values from 2007
• 12 months of absorption, 223 Active
• 26% Increase in Sales Volume

 
Transylvania County
• 13.5% increase in Values, Median $202,500
• 92% LTS
• Median DOM 154
• 17% increase in the number of units sold, 503
• 43% increase in the number of units sold from 2010
• 22% off in median values from 2007
• 12 Months of Absorption, 675 Active
• 22% Increase in Sales Volume

Rutherford County
• 9% increase in Values, Median $148,000
• 92% LTS
• Median DOM 132
• 10% increase in the number of units sold, 360
• 48% increase in the number of units sold from 2010
• 12% off in median values from 2007
• 15 Months of Absorption, 438 Active
• 12% Increase in Sales Volume

Land
Lots 0-3AC Deed Restrictions
Polk County – 2.5 Years Absorption
Transylvania -5 Years Absorption
Henderson -5 Years Absorption
Buncombe – 2.8 Years Absorption
Rutherford -5 Years Absorption

10+ Acres no deed restrictions
Polk County- 4 Years Absorption
Transylvania -4 Years Absorption
Henderson- 3 Years Absorption
Buncombe – 5 Years Absorption
Rutherford – 3.4 Year Absorption
• Data Sourced from NC Mountains MLS, Laura Flores Broker Associate

 

Leave a Reply

Your email address will not be published. Required fields are marked *