Cashiers NC Real Estate
Sapphire NC Real Estate
Highlands NC Real Estate
Single Family Homes and Land
STATE OF THE MARKET
Source: Closed sales on Highlands/Cashiers MLS
Homes
11/11/09 thru 11/11/10
Versus
11/11/10 thru 11/11/11
Source: Closed sales on Highlands/Cashiers MLS Single Family Homes
November 11, 2009 thru November 11, 2010
Number of Sales 274
Sales Volume $152,303,478
Average List Price $656,707
Average Sales Price $555,852
Average DOM 257
% of sell to list sold for 84.6% of list
November 11, 2019 thru November 11, 2011
Number of Sales 329
Sales Volume $169,658,289
Average List Price $613,117
Average Sales Price $515,679
Average DOM 314
% of sell to list sold for 84% of list
State of the market from same period last year:
Number of Sales up 20%
Sales Volume up 11%
Average List Price down 8%
Average Sales Price down 7%
Average DOM up 22%
% of sell to list unchanged
Foreclosures and Short Sales:
2009-2010: 68 units or 25%; 2011: 90 units or 27%
Land/Lots
The Numbers
11/11/09 thru 11/11/10
Versus 11/11/10 thru 11/11/11
Source: Closed sales on Highlands/Cashiers MLS ~ Vacant land acreage and lots
November 11, 2009 thru November 11, 2010
Number of Sales 187
Sales Volume $30,382,928
Average List Price $211,373
Average Sales Price $162,476
Average DOM 274
% of sell to list sold for 76.9% of list price
November 11, 2010 thru November 11, 2011
Number of Sales 182
Sales Volume $22,536.271
Average List Price $167,721
Average Sales Price $123,826
Average DOM 310
% of sell to list sold for 73.8%
State of the market
Number of Sales down 3%
Sales Volume down 26%
Average List Price down 21%
Average Sales Price down 24%
Average DOM up 13%
% of sell to list up 3.1%
Short Sales and Foreclosures: 2009 - 2010: 54 units or 29.4% of all sales
2010 - 2011: 59 units or 32.4% of all sales