WNC Market Report June 2016

Kenmure (Small)

 

Year Over Year Data

Henderson  County

  • 8.8% increase in values, Median $210,000, Average $236,575
  • 95.5% LTS
  • Median DOM 58, Ave 98
  • 10.5% increase in the number of units sold, 2046
  • 50% increase in the number of units sold from 2010
  • 5.7% off in median values from 2007
  • 3 Months of Absorption, 715 Active
  • 9% Increase in Sales Volume

Buncombe County

  • 8.9% increase in values, Median $240,000, Average $294,476
  • 96% LTS
  • Median DOM 47, Ave 83
  • 7.9% increase in the number of units sold, 4091
  • 45.5% Increase in the number of units sold from 2010
  • 5% increase in median values from 2007
  • 3.2 Months of Absorption, 1359 Active
  • 14% Increase in Sales Volume

Polk County

  • 5.5% increase in values, Median $200,000, Average $248,576
  • 92.7% LTS
  • Median DOM 97, Ave 144
  • 7% decrease in number of units sold, 223
  • 58% increase in number of units from 2010
  • 18.8% off in median values from 2007
  • 10 months of absorption, 265 Active
  • 14.4% increase in Sales Volume

Transylvania County

  • 7.2% increase in Values, Median $215,000, Average $253,004
  • 92% LTS
  • Median DOM 93, Ave 152
  • 13.9% increase in the number of units sold, 575
  • 50% increase in the number of units sold from 2010
  • 17% off in median values from 2007
  • 10 Months of Absorption, 597 Active
  • 7% Increase in Sales Volume

 

Rutherford County

  • 4.7% increase in Values, Median $158,950, Average $192,202
  • 91.4% LTS
  • Median DOM 93, Ave 146
  • 24% increase in the number of units sold, 474
  • 60% increase in the number of units sold from 2010
  • 6% off in median values from 2007
  • 7 Months of Absorption, 382 Active
  • 29% Increase in Sales Volume

 

Land

Lots 0-3AC Deed Restrictions

Polk County – 7.5 Years Absorption

Transylvania -5.8 Years Absorption

Henderson -4.4 Years Absorption

Buncombe – 2.13 Years Absorption

Rutherford  -6.9 Years Absorption

 

10+ Acres no deed restrictions                                                                  

Polk County- 4.5 Years Absorption

Transylvania -5.7 Years Absorption

Henderson- 3.2 Years Absorption

Buncombe – 3.4 Years Absorption

Rutherford – 4.13 Year Absorption

 

 

  • Data Sourced from NC Mountains MLS,   Laura Flores Broker Associate

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