MARKET I.Q.

MARKET IQ

RESIDENTIAL MARKET SNAPSHOT

We back our buyers and sellers with data and insights so they can make smart moves. Contact one of our associates today for a comprehensive local area market report and/or a complimentary home evaluation.

MEDIAN SALES PRICE

1 YEAR CHANGE

TRANSYLVANIA COUNTY

17.6%

JACKSON COUNTY

11.4%

HAYWOOD COUNTY

11.2%

SWAIN COUNTY

33.7%

DAYS ON MARKET

JACKSON COUNTY

46

TRANSYLVANIA COUNTY

32

SWAIN COUNTY

58

HAYWOOD COUNTY

28

CLOSED SALES

1 YEAR CHANGE

TRANSYLVANIA COUNTY

176 -33.8%

SWAIN COUNTY

26 -53.2%

JACKSON COUNTY

74 -54.7%

HAYWOOD COUNTY

284 -18.8%

INTEREST RATES: QUICK FACTS

We’ve had a lot of questionslately about changes in thereal estate market due tomortgage rates increasing.Below are helpful quickfacts for buyers & sellers.Questions? Contact us!

The historical 30-Year Average Mortgage Rate is 7.77%.

We enjoyed exceptionally low mortgage rates for the last 10 years.

While mortgage rates have risen in recent months, they are still below the historical average.

Prices are predicted to continue rising over the next few years, just not at the same hyper-speed we’ve experienced recently.