Big Picture Data: 08/31/2009
>>This is not our main website.
Information of community interest will be aggregated here, and
updated monthly. We are happy to prepare any special data or research for your specific needs.
| Market |
2006 |
2007 |
2008 |
Closed Thru 8/31/09 Project
12/31/09 |
# Listings -
Months Of Supply |
| Madison County Homes
Land |
208
360 |
170
180 |
110
81 |
48 - Project 72
27 - Project 39 |
318 - 53.0 MOS
545 - 161.5 MOS |
| Yancey County Homes
Land |
120
118 |
104
68 |
77
19 |
44 - Project 68
6 - Project 9 |
258 - 46.9 MOS
191 - 254.7 MOS |
| Wolf Laurel Homes
Land |
47
153 |
30
40 |
16
14 |
10 - Project 16
6 - Project 10 |
87 - 69.6 MOS
70 - 93.3 MOS |
| Totals Homes
Land |
328
478 |
274
248 |
187
100 |
92 - Project 140
33 - Project 48 |
576 - 50.1 MOS
736 - 178.4 MOS |
Commentary: Trend for the year has been flat
in all categories. Previous charts have shown essentially the
same projected levels of sales for 6-8 months now. The largest
change in any market segment has been for the projection of homes
sold in
Madison County, which rose over the past two months from 68 to 72.
Inventories remain elevated in all segments,
as do list prices. Money CNN recently named greater Asheville
as a top 10 over valued market. Buyers are bashful, the most
common comment is "We don't want to be upside down in the house."
No one is in a hurry just yet to buy.
Source: Regional MLS, deemed reliable, not
guaranteed.
Last Updated: 09/01/09
Big Picture Chart Archive:
Previous Charts Located Here.
Back to Top
Copyright, Black Bear Realty, Inc, all rights
reserved. Reproduction, redistribution in any form, even for non
commercial purposes, must be done with permission and attribution.
Contact:
Info@BlackBearRE.com
