Robin Dampier, REALTOR®
Toll Free: 866-251-1150
Cell Phone: 828-231-5069

475 S. Church St.
Hendersonville, NC 28792

Your Hendersonville, Asheville, Brevard Source For Real Estate Information!

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These numbers are provided by the 4 County WNC Regional MLS system and represent
home sales in Buncombe (Asheville Area), Haywood, Henderson (Hendersonville Area) and Transylvania (Brevard Area) counties
2009 January Residential Statistics     2010 January Residential
Statistics
(Adjusted 03/06)
   
Single-Family Homes Sold 217   Single-Family Homes Sold   259
Average Days on Market 146   Average Days on Market   182
Average Selling Price $255,766   Average Selling Price   $251,188
Month End Inventory 7,964   Month End Inventory   7,746
Average List Price $283,345    Average List Price   $272,687
% Difference Sale to List 90.3%   % Difference Sale to List   92.1%
           
2009 February Residential Statistics
    2010 February Residential
Statistics
   
Single-Family Homes Sold 265   Single-Family Homes Sold   236
Average Days on Market 144   Average Days on Market   173
Average Selling Price $236,405   Average Selling Price   $232,913
Month End Inventory 8,118    Month End Inventory   7,843
Average List Price $250,342    Average List Price   $251,264
% Difference Sale to List 94.4%    % Difference Sale to List   92.7%

The above statistics are for residential properties only -- Including
town homes, condos, manufactured and preconstruction for Henderson, Buncombe, Transylvania and Haywood Counties

Land/Lots are not included in these figures.  If you would find other stats helpful, such as by county, I'll be glad to provide you with that information.

 

03/06/2010: Robin's opinion of Market Conditions in Hendersonville, Asheville, Brevard and Surrounding Local Area

The strong buyers market continues with a lot of inventory for buyers to choose from including short sales and foreclosures.  Sellers continue to adjust their prices for current market conditions.  In any event, all prices are negotiable.

This time of the year is generally slow but adding to it has been the abnormal and unusually harsh winter snow and all other forms of precipitation!  Icy conditions have cancelled numerous showings and I've been doing a lot of rescheduling for my out of town clients.

Our local market has not shown much change from January and we are looking forward to Spring.

There are some indications that the Fed may be thinking of raising interest rates in the next few months.  If that occurs it would of course add a new equation to the market here and everywhere else.

The current market offers great opportunities and it could be very worthwhile for the consumer to check with the financial folks to see how the tax breaks could benefit them.

Buyers continue to be more active and serious in their looking.  Especially popular are homes priced in the $200,000's to low $300,000's.  I've been very busy showing, listing properties and even writing contracts.

Hendersonville and Western NC is a beautiful area that has a lot to offer and if you are considering a real estate purchase it could be worth your while to come take a look while inventory remains plentiful and prices low.  Why rent if you are in a position to purchase and take advantage of the tax benefits?

Please email or call if I can be of real estate service to you for info on our local market.


 

For info on the IRS First Time/Existing Home Owners Tax Credit that applies for 2009 tax purchases visit here.  From reading this guidance it appears that the credit not only applies to site built/deeded property but to manufactured housing on deeded or leased land as long as other requirements are met.  It is highly recommended you check with a tax professional to see if your particular situation might apply for this tax credit.


 

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