Homes and land sales continue to be higher than the same time last year, especially homes. In 2013 280 properties sold compared to 313 this year and we attribute that to two things – great mortgage rates and price adjustments. In 2013, a look at homes listed year to date show a median price of $314,500. During the same time this year, the median price range had dropped to $279,000. (Note: any average or median price range can vary significantly due to very high end properties in our market) The greatest number of homes sales continue to fall where they have the last several years and that is under the $350,000 price range. Land sales are also slightly ahead of last year and prices continue to adjust. As we go into the fall months, if you are considering buying land, this is a good time of year to do it. The temperatures will be cooler and as the leaves start falling, it’s much easier to see the land and surrounding properties.
For a complete breakdown of the market and a more detailed looked at the various price ranges, sign up to receive our FREE e-newsletter. It’s chock full of information about the Brevard NC area as well as the most up to date information about our market. Sign up today!
2011 is now just a vision in our rear view mirror but before we get too far down the road and into a new year, we wanted to give you a brief look back at the local real estate market here in the Brevard, NC area and the various ups and downs that happened during this past year. There is so much on the news about real estate (and don’t we all wish for a speedy and full recovery!) but real estate is a regional, even local issue so here is what has happened here in our back yard.
So which way did the market go? The good news is the number of residential sales in our area was up for the second year in a row. There were 308 single family homes sold in the Brevard area during 2011, up by 20 over 2010 and up by 66 over 2009. The average list price was $281,000 which is about a 4.5% decrease compared to 2010 and the average selling price was $247,000 or roughly a 7% drop. The bulk of sales for the last two years has consistently been in the $100K-$300K price range. We are still a long way off from the “rock and roll” days of 2006, and we may never get back to those days, but at least these are encouraging signs and hopefully indicative of good things to come.
When the housing industry began it’s decline, it took over a year for us to feel the real effect here. And when it did reach us, the adjustments needed have not been as great as they have been in other parts of our country, primarily because our market was not grossly overpriced and “bloated” like other markets.
The one area that has not shown signs of snapping back quickly is in land sales. That segment of the market is dramatically different than it was back in 2006. As such, it’s a difficult time for sellers, but a very good opportunity for buyers who are interested in buying land, even if it’s to hold onto for the future.
For a closer look at all the numbers, visit us at BrevardNCProperty.com, or give us a call at 828-551-6291.
Straus Park, with its stylish upscale homes and condos and first-class community amenities, has long been considered one of Brevard’s finest neighborhoods. Living in Straus Park also means you’re only minutes from shopping and health care and all the things that make Brevard, NC one of “America’s Coolest Small Towns” according to a recent poll conducted by Budget Travel.
This 4 bedroom, 3 bath home for sale in Straus Park is tastefully designed and features a well thought out floor plan with all the primary living areas on the main floor. A few of the highlights include the updated kitchen with granite counters that opens to a cozy living room with a gas fireplace. It’s the perfect layout for entertaining. For outdoor entertaining, you’ll enjoy the spacious open deck that overlooks lush, uninterrupted green space.
The master suite is a sanctuary of peace and relaxation. Large windows fill the room with natural light and the high ceilings enhance the feeling of open space. The spacious master bath includes a garden tub and separate shower, two sinks and ample storage space. Just off the master bedroom is a private screened porch, a perfect retreat at the end of the day.
Other features of the main floor include a guest room and full second bath, a formal dining area, and a study with built ins.
The finished lower level includes two additional bedrooms, a full bath, and family room. Perfect for visiting friends and family!
Other extras include a large garage workshop, exceptional storage, and an invisible fence for the pets.
For more information about this home for sale in Straus Park, visit us online at BrevardNCproperty.com, or call us at 828-551-6290 or 828-551-6291.
Or…Take a virtual tour of this home right here!
Think of the mountains of western North Carolina and many people think of a cabin in the woods where they can enjoy the four seasons in a quiet natural setting. This cabin for sale near Brevard, North Carolina is all that and more. Newly built with loads of charm and character on 2.5+ acres. Rustic but sophisticated, this home in the woods is easy to love with special touches like native laurel wood railings, spruce floors, and vaulted ceilings. Everything for every day living is on the main floor. But when company comes, and you know they will, there is an extra bedroom, bath and living area below. Or you can utilize the loft for even more sleeping and play area.
For fishermen and women, it just can’t get much better! This home is less than 3 minutes away from the East Fork river and some of the best flying fishing in the southeast. And if you like to tinker in the yard, you’ll appreciate the beautiful landscaping with hundreds of perennials and native plants.
If you would like more information about this cabin in the woods, or other properties for sale in the Brevard, North Carolina area, call the call the Clay Team at 828-551-6290 or 828-551-6291. You can visit us anytime online at BrevardNCProperty.com.
Sometimes, you just want to get away. Right? Maybe it’s for a change of scenery or maybe it’s to escape the summer heat in a relaxed setting where you can play some golf. If this sounds like you, this is an opportunity you don’t want to miss. This light, bright, and furnished 2 bedroom 2 bath condo is in Burlingame at Sapphire Lakes, an upscale but comfortable country club community that’s located in the mountains of western North Carolina between Brevard and Cashiers.
The main floor of the condo includes a huge master suite, spacious kitchen, open living room with a cozy fireplace, and a large screened porch as well as an open deck where you can kick back and listen to the sounds of the Horsepasture River. Downstairs is another bedroom, full bath, and private deck for your visitors. Best of all, the only long drive you’ll be making is on the fairway! Just step out your front door and the country club and all the amenities are just a short walk away.
When you live in Burlingame, whether it’s year round or seasonally, there’s plenty to do! Between the world class golf, the tennis, working out in the state of the art fitness center, relaxing by pool, or participating in the varied social groups, you can stay as busy as you choose to be. At the end of the day, if cooking isn’t on your mind, you can enjoy the fine dining in the club house or just grab a burger at the grill. It’s a great lifestyle and a warm welcoming community where you’ll feel right at home.
For more information about this condo for sale, or other property for sale in the Cashiers or Brevard area, call the Clay Team at 828-551-6290 or 828-551-6291. Visit us online any time at BrevardNCProperty.com.
Summer is always a great time to head to the mountains of western North Carolina. And if you are a music lover…all the better! The annual Brevard Music Institute and Festival is about to get underway and this year it’s not all about classic music. There is a musical revue that celebrates the legendary Buddy Holly
and another that honors music greats
like Scott Joplin. But of course, the event is filled with outstanding classical performance by students and faculty who come to the music institute from around the world.
From opening night to the final performance, this is a world-class event that you don’t want to miss. It all takes place at the Brevard Music center near the heart of downtown Brevard.
The open air performance hall is a relaxed environment but also acoustically outstanding.
This year’s performance schedule includes Chamber music, Rachmaninoff Symphony No. 2, The Complete Beethoven Violin Sonatas, Part I and II, Die Fledermaus, and host of other events including student recital, pre concert lectures, and more.
For ticket information, visit the Music Center online. Performances start June 25 and continue till August 8.
For more information about Brevard, NC, contact the Clay Team online today. Or call us at 828-551-6290 or 828-551-6291.