2008 Statistics are in for WNC-Best Deals Projected in 2009

The latest statistics are in for 2008 sales in the Highlands, Cashiers, Sapphire and Lake Glenville areas of Western North Carolina.
The peak of our market was in 2005 and has steadily decreased since. Predictions for 2009 offer the best opportunities for buyers in 10 years.
Large tracks of land are a steal, resale properties are competing with builders and investors are starting to take notice.

In 2008, there were 252 residential sales at an average sales price of $627,919.00 compared to 417 home sales at an average sales price of $702,012.00 in 2007.

Land sales were 132 compared to 341 in 2007.

There were 45 Townhouse/Condo sales in 2008 compared to 57 in 2007.

And, there were 12 commercial properties sold in 2008 compared to 18 in 2007.

Now is the time to buy. Interest rates are lower than at any time in the last 37 years, prices are down and sellers are becoming more motivated.


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For more information regarding Homes for Sale, Real Estate,Large Parcels of Land and Lots for sale in the Western North Carolina Area mailto:info@carolinapg.com or call 828-226-8837