Real Estate in the mountains is exceptional; the views, waterfalls, golf, hiking, and the outdoor spirit!
Florida and Georgia which feed our market is picking up and as the weather gets warmer, the mountains stay much cooler and are a nice get-a-way. Here are some stats courtesy of Alan Cone in my office. He is much better at this stuff.
Below is information from the Multiple Listings Service which service Highlands, Cashiers, Sapphire Valley, Lake Toxaway and Glenville area year to date over the same time last year.
2013 Year to Date: Number of sales 130 Sales volume $67,741,000 Average Sales Price $521,085
2014 Year to Date: Number of sales 114 Sales volume $68,548,000 Average Sales Price $601,304
While the numbers of sales are down and the sales volume is up only slightly, the average sales price is up 15% over the same period last year.
Lower priced homes and distress sales are down this year. The belief is that these sales are drying up.
Distress Sale Sold Listings:
Year To Date 2013 = 26 sales for $7.45 million
Year to Date 2014 = 12 sales for $3.37 million
I'll be updating this periodically.
There are some great values still available and we are just getting into season.
CALL with any questions! I'd love to work with you.
MEL Lipinski MEL ON THE MOUNTAIN!
Sapphire-Cashiers, NC
www.melonthemountain.com
828-507-1171
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