Spring is alive in the mountains!

Listing inventory improved some recently, and we are hoping it is from more sellers coming forward than from a slower buying pace.  The landscape right now looks to be a bit of a sleepy market, but with prices holding their own or even still drifting upward gently.   As usual though, the picture varies some from county to county and month to month.  Very importantly, residential prices continue standing strong.

Of course life is always filled with uncertainties.  Right now we as Americans are being bombarded with a greater dose than usual with all of the tariff proposals and biased “expert” guesses about how it will play out.  What we on the streets of Mayberry are left with is uncertainty and lower confidence in what we are doing.  Many will continue undaunted through almost any economic weather, and this often turns out well for them.  But of course, all these current events do tend to make incrementally more folks sit on the sidelines until the air clears a bit.  Times like these usually seem to result in a brisk rebound once that air clears.

The detailed report can be found below:

NE GA and NC Real Estate Summary March, 2025

As the snow falls, I am reflecting on the stunning beauty of this area and blessed to call it home!

In December there were 319 units sold across our MLS area, which is more than November and an 8% pick-up from one year ago.

The total dollar volume logically followed suit running higher than November and higher than the previous two Decembers. The $133,481,905 total volume was actually above the monthly average sales dollars for this year, which is an accomplishment when you consider that the units sold in December were fewer than the monthly average units for the year.

Along those lines, the average price (transaction value) ran to a new record high in November, but then in December we actually nudged out yet another record at $418,439.

The full report can be found below:

NE GA and NC Real Estate Summary, December, 2024