The High Country March Real Estate Sales report
Covering Alleghany, Ashe, Avery, and Watauga counties, it experienced an 18.0% year-over-year decrease in home sales for March 2025 compared to March 2024. Despite the dip in sales, inventory increased by 11.0%, suggesting more opportunities for buyers in the months ahead.
A total of 109 single-family and condo/townhouse sales closed in March 2025, representing over $71 million in total volume—an increase from $66.7 million in March 2024. The combined median sales price across all four counties rose to $505,000, up 16.8% year-over-year. Weather continues to play a significant role in market activity at this time of year.
National Outlook
According to the National Association of REALTORS®’ March 20, 2025, report, buyer activity is beginning to return despite continued high mortgage rates and home prices. Chief Economist Lawrence Yun stated, “More inventory and choices are releasing pent-up housing demand.”
Existing-home inventory rose 5.1% month-over-month in February and is up 17% from 2024.
Single-family home construction increased 11.4%, reaching its fastest pace in over a year, according to the Commerce Department.
High Country Real Estate Market Breakdown
Inventory Overview:
648 active residential listings (single-family + condo/townhouse) in March 2025
271 new listings added
Inventory supply: 6.0%, up 36.7% compared to March 2024
Land Market:
1,265 active land listings across the four counties
21.4% land inventory supply, up 4.5% year-over-year
Land sales totaled $8.7 million in March 2025
Commercial Market:
46 active commercial listings in March 2025
1 commercial closing with a final sale price of $246,000
High Country County Real Estate Highlights
Alleghany County
11 residential closings, up 120.0% from March 2024
Median sales price: $460,000 (↑ 107.7%)
66 active residential listings, 29 new listings
9 land closings, up 125.0%, with a median price of $65,000
239 active land listings
Ashe County
23 residential closings in March
Median sales price: $395,000 (↓ 1.2%)
110 active residential listings, 57 new listings
22 land sales, median land price: $42,889
332 active land listings, 49 new land listings
Avery County
18 residential sales, median price: $617,000 (↑ 106.4%)
193 active residential listings, 69 new listings
7 land sales, median price: $160,000 (↑ 28%)
271 active land listings, 40 new listings
Watauga County
56 residential closings, median price: $627,500 (↑ 25.8%)
277 active listings, 69 new listings
21 land closings (↓ 22.2%), median price: $177,500 (↑ 84.9%)
421 active land listings
Working with Lori Eastridge – Real Estate Professional
Working with a local real estate professional is crucial when buying or 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. As a Certified Luxury Home Marketing Specialist™ (CLHMS) epitomizes the pinnacle of professionalism in the high-end real estate market, offering unparalleled expertise and knowledge in luxury properties. This prestigious certification is a testament to an agent’s exceptional skills in marketing, negotiating, and selling upscale homes, ensuring that they can meet and exceed the unique needs of affluent buyers and sellers. A CLHMS has access to exclusive market insights and a global network, enabling them to effectively target and attract the right audience for luxury listings. By choosing a Certified Luxury Home Marketing Specialist™, clients can rest assured that their high-value real estate transactions are handled with the utmost care, precision, and effectiveness, leading to successful outcomes that align with their refined lifestyles and aspirations.
Lori has an in-depth familiarity with the market and surrounding areas and a tailored marketing plan second to none, allowing her to help you sell your home with low stress and at the best possible price. Lori supports buyers and sellers by giving them the best professional advice and will get to the closing table with ease. 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 and home-buying process. Lori is fully invested in your success throughout the entire process, from the first call or meeting to negotiation and closing. Lori’s attention to detail and client satisfaction are her primary goals and what set her apart from other real estate professionals. She strives to exceed client expectations. Please feel free to contact Lori today at 828.773.2080.
