November High Country Real Estate Stats
Discover key insights from the National Association of REALTORS® and the NC High Country MLS in our exclusive November 2023 real estate report. Uncover the impact of FSBO decisions, explore residential and land sales data, and gain valuable market perspectives for Alleghany, Ashe, Avery, and Watauga Counties.
FSBO Insights
The National Association of REALTORS® emphasizes the regret among For Sale By Owners (FSBOs) who opt not to engage a real estate professional such as Lori Eastridge. Nationally, FSBO homes sold at a median of $310,000 in the past year, a considerable difference compared to the median of agent-assisted homes at $405,000.
High Country Residential Highlights
In November, High-Country Realtors® witnessed a bustling real estate market with 161 closed sales of residential properties, amounting to an impressive $86.75 million in total sold prices. The median sales price for the month settled at $441,000.
Market Inventory Snapshot
For Alleghany, Ashe, Avery, and Watauga Counties, the High-Country NC MLS reports 621 active residential properties, including 201 new listings in November. Land inventory stands at 1,581 active listings, with 120 new listings in the same month. Commercial property enthusiasts can explore forty-three currently listed options.
Land and Commercial Insights
Land sales experienced fluctuations across counties, with a total of sixty-nine closed land sales in November, amounting to $7.6 million. Commercial sales in Avery County reached $140,600, with the property spending 165 days on the market.
County-Specific Breakdown
Alleghany County
- Seventeen total sales in November
- Eight residential sales totaling $2.6 million
- Median residential sales price: $361,500
- Median days on the market: 25 days
- Nine land sales totaling $785,500
- Median land sales price: $43,000
- Median days on the market for land: 197 days
Ashe County
- Fifty-six total sales in November
- Thirty residential sales totaling $11.85 million
- Median residential sales price: $392,500
- Median days on the market: 68 days
- Twenty-six land sales totaling $1.9 million
- Median land sales price: $45,000
- Median days on the market for land: 136 days
Avery County
- Fifty-three total sales in November
- Forty-three residential sales totaling $20.6 million
- Median residential sales price: $345,000
- Median days on the market: 43 days
- Ten land sales totaling $1.9 million
- Median land sales price: $142,500
- Median days on the market for land: 142 days
Watauga County
- 104 total sales in November
- Eighty residential sales totaling $51.5 million
- Median residential sales price: $534,000
- Median days on the market: 53 days
- Twenty-four land sales totaling $2.9 million
- Median land sales price: $78,430
- Median days on the market for land: 106 days
Working With Lori Eastridge of NC High Country Real Estate is the Right Choice
Working with a local real estate professional is crucial when selling your home. If you’re looking for a seasoned Realtor® in North Carolina’s high country, go no further than Lori Eastridge, Realtor®/Broker of NC High Country Real Estate powered by Realty One Group Select.
Lori has an in-depth familiarity with the market, surrounding areas, a tailored marketing plan second to none allowing her to help you sell your home with low stress and the best possible price. Lori’s commitment to ensuring her clients are happy and well educated shines through in the individualized service she provides.
Because of Lori’s many connections in the High Country, she is able to offer full service assistance to her clients at every stage of the home-selling process. Lori is fully invested in your success throughout the entire process, from the pre-listing appointment to negotiation and closing. Get in touch with Lori today at 828.773.2080.
