Western North Carolina Market Review September 2015

hendersonville
Year Over Year Data


Henderson County


• 8.3% increase in values, Median $200,000
• 95% LTS
• Median DOM 90
• 10% increase in the number of units sold, 1943
• 47% increase in the number of units sold from 2010
• 10% off in median values from 2007
• 5 Months of Absorption, 989 Active
• 15.5% Increase in Sales Volume


 
Buncombe County


• 5% increase in values, Median $224,000
• 96% LTS
• Median DOM 71
• 10.6% increase in the number of units sold, 3953
• 43% Increase in the number of units sold from 2010
• 1% off in median values from 2007
• 6 Months of Absorption, 2087 Active
• 14.8% Increase in Sales Volume


 
Polk County


• 6.7% increase in values, Median $195,000
• 94% LTS
• Median DOM 148
• 3% increase in number of units sold, 218
• 59% increase in number of units from 2010
• 23% off in median values from 2007
• 16 months of absorption, 279 Active
• 13% Increase in Sales Volume


 
Transylvania County


• 12.5% increase in Values, Median $207,209
• 93% LTS
• Median DOM 145
• 17% increase in the number of units sold, 521
• 45% increase in the number of units sold from 2010
• 20% off in median values from 2007
• 15 Months of Absorption, 739 Active
• 15.6% Increase in Sales Volume


 

Rutherford County


• 10% increase in Values, Median $150,000
• 92% LTS
• Median DOM 145
• 16% increase in the number of units sold, 397
• 52% increase in the number of units sold from 2010
• 11% off in median values from 2007
• 9.5 Months of Absorption, 515 Active
• 22% Increase in Sales Volume


 

Land


Lots 0-3AC Deed Restrictions


Polk County – 5 Years Absorption
Transylvania -8 Years Absorption
Henderson -6 Years Absorption
Buncombe – 4.3 Years Absorption
Rutherford -6.7 Years Absorption


 

10+ Acres no deed restrictions


Polk County- 4.5 Years Absorption
Transylvania -2.8 Years Absorption
Henderson- 3 Years Absorption
Buncombe – 5 Years Absorption
Rutherford – 5.5 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Your email address will not be published.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 *