Cashiers' NC real estate on par with other resort markets

 Whiteside Mtn. - Cashiers, NC

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Cashiers' real estate on par with other resort markets

By Jessica Connor - Editor


Wednesday, Jul 05, 2006 - 09:46:03 am EDT

Cashiers’ real estate market is “on the map” when it comes to other resort areas’ markets, say some local Realtors.The Chronicle surveyed a handful of other resort markets in the country - Highlands; Key West, Fla.; Vail, Colo.; Newport, R.I.; Martha’s Vineyard, Mass.; Hilton Head, S.C.; and Jackson Hole, Wyo.

Though our median and million-dollar home sale figures are not the highest of these markets, they are not the lowest, either.And that spells good things for the community, said Cathy Garren, vice president of the Highlands-Cashiers Board of Realtors.“I think it certainly puts us on the map, so to speak, as being one of the top resort areas in the nation,” Garren said. “We know we are one of the top beautiful areas in the nation, but more people are finding out the same thing that we already know.”

The figures represent single-family houses sold between May 16, 2005, and May 15, 2006, most retrieved through a community’s Multiple Listing Service (MLS).The numbers are as follows:

Cashiers - $510,000 median, 38 sold at $1 million and up (representing the Jackson County area of the Board of Realtors, which comprises primarily Cashiers, Glenville, Sapphire Valley, Yellow Mountain and the Norton Community)

Highlands - $542,500 median, 48 sold at $1 million and up

Key West $775,000 median, 111 sold at $1 million and up

Vail - $698,500 median, 184 sold at $1 million and up

City of Newport - $472,000 median, 27 sold at $1 million and up

Martha’s Vineyard - $712,250 median, 117 sold at $1 million and up (representing all six towns on the island)

Hilton Head - $700,000 median, 323 sold at $1 million and up

Jackson Hole $298,000 median, 170 sold at $1 million and up

For more information regarding Real Estate, and Lots for sale and new developments in the Cashiers, Highlands and Lake Glenville areas please contact us 828-226-8837