Sales Trends in our Area
In August 2019, home sales in Haywood County rose 5.2% compared to August 2018. 121 homes were sold in August this year. Also pending contracts increased 28.1% compared to August 2018. This indicates strong buyer demand for homes in our area. Maybe the most impressive statistic would be days on the market. In August 2019 average days on the market was 50 days, compared to 85 days on the market in August 2018. I actually had a home go under contract the next day after it was listed in our MLS.
One interesting aspect of our growing sales rate is continuing interest from buyers in the Asheville/ Buncombe County area. Inventories in the Asheville area continue to contract due to strong buyer demand, and more new people moving to the area. Many of these buyers are finding homes here in Haywood County are more affordable, and there is more inventory from which to choose. This is definitely helping to drive home sales here. Even people who work in the Asheville area find they can purchase a home on the Asheville side of Haywood County and still have only a 20 to 30 minute commute.
As we enter the October selling season we are still seeing strong buyer demand. Due to the beautiful “Fall Leaf Season” we have here in October, home sales can be very strong during this month.
Whether you are considering buying a home or just want to see some beautiful Fall color, come on up and join us.