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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…
Read MoreSeptember 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…
Read MoreJuly 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…
Read MoreJune 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…
Read MoreMay 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,…
Read MoreHCAR 2022 Scholarship Awards Total $13,500
The High Country Association of Realtors® is proud to showcase our REALTOR® members that embody the meaning of being a good neighbor in our communities. We encourage you to check out our articles below to see just how brightly our members shine.
Read MoreHCAR Presents New River Conservancy with $22,000 Check
Several years ago, when Ashe County Board of Realtors & MLS merged with High Country Association of Realtors, funds from Ashe County were set aside for use only in Ashe County. Current MLS President and Ashe County resident, Joe Chamberlain spearheaded funding the project that Realtor® members of Ashe County approved. We are proud to…
Read MoreMarch 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…
Read MoreCongratulations To Jaco Gerbrands, a nominee for BACC 4 Under 40
Congratulations to HCAR Realtor® member, Jaco Gerbrands, on his nomination as ‘Rising Star’ for the 4 Under 40 awards presented by the Boone Area Chamber of Commerce. Sixteen members of the High Country community have been selected as category finalists for the 6th Annual Boone Area Chamber of Commerce 4 Under 40 Awards. Nominees are…
Read MoreFebruary 2022 High Country MLS Market Report
The High Country is preparing for Springtime and all the changes it brings for our area. However, there is at least one thing that endures… the High Country is still bustling with real estate buyers and our Realtors® are eager to help them find what they’re looking for.
With a 13% decrease in inventory over last month, February residential listings…