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December 2022 High Country MLS Market Report

During the month of December, the High Country MLS reported 175 residential home sales totaling $88.2 million. As we would except with limited inventory the number of closed transactions during the month of December was down from December of 2021 when the MLS reported 249 residential sales One thing that is staying steady and even…

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November 2022 High Country MLS Market Report

During November, the High-Country Association of Realtors® real estate market held strong. For single-family properties in our four-county jurisdiction of Alleghany, Ashe, Avery, and Watauga counties, the median home sales price during the month of November was $495,750. There were 134 closed sales, with median days on the market at 60 days. Adding in Condo…

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October 2022 High Country MLS Market Report

Pending home sales trailed off for the fourth consecutive month in September, according to the National Association of REALTORS®. All four major regions recorded month-over-month and year-over-year declines in transactions. The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, slumped 10.2% to 79.5 in September. Year-over-year, pending transactions…

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September 2022 High Country MLS Market Report

During September, High Country Realtors® saw similar numbers in the four counties compared to August. Average Days on Market has ticked upward for all counties in our area, which may show buyers are affected by rising interest rates. Inventory is still steady and closed sales are keeping pace. Overall, our market is still strong in…

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August 2022 High Country MLS Market Report

This August, High Country Realtors® saw a slight stagnation in the four districts compared to July. The High Country MLS reports that of the 205 sales closed, the most expensive on the market was listed at $2,916,500 and the least expensive at $63,,000 with a median of $400,000 overall. As per the trend of inflation,…

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July 2022 High Country MLS Market Report

High Country Realtors® saw a subtle slowdown in July, compared to previous years. The High Country MLS reports that in July 224 homes were sold worth a combined total of over $119 million, 195 of those sold locally in Alleghany, Ashe, Avery, and Watauga counties contributing to $107 million of that recorded sales volume.  This…

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June 2022 High Country MLS Market Report

High Country Real Estate recorded 1,254 residential sales totaling $631.9 million during the first and second quarters of this year, from January through the end of June. 795 land listings sold for a combined total of $114.8 million for the first half of 2022. Homebuyers have continued to remain strong in the High Country regardless…

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May 2022 High Country MLS Market Report

A recently released report by industry experts at Inman discussed the causes of the nationwide forecast and what it means for the future of the housing market. Inman analyst Jim Dalrymple points out that “the housing market is on the cusp of an ‘inflection point’ right now… and is estimated to impact housing prices, supply,…

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April 2022 High Country MLS Market Report

The MLS reports that last month there were 199 homes sold worth a combined total of over $100 million. This is an 8.7 percent decrease in sales volume compared to last year when 273 homes sold for $ 109 million. The median sold price for the month of April of this year was $422,010, a…

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March 2022 High Country MLS Market Report

Sales continue to outpace new supply. The MLS recorded an average inventory of 250 for the month of March. As of April 11th, there were 245 homes listed for sale in the four-county area. Homes that sold during March were on the market for a median of only 47 days…

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