MARKET IQ
RESIDENTIAL MARKET SNAPSHOT MEDIAN SALES PRICE
$453,750
$345,400
$332,500
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$327,500
TRANSYLVANIA COUNTY
JACKSON COUNTY
46
1 YEAR CHANGE
TRANSYLVANIA COUNTY
17.6%
TRANSYLVANIA COUNTY 1 YEAR CHANGE
176 -33.8%
JACKSON COUNTY
11.4%
HAYWOOD COUNTY
11.2%
CLOSED SALES SWAIN COUNTY
26 -53.2%
JACKSON COUNTY
74 -54.7%
INTEREST RATES: QUICK FACTS We’ve had a lot of questions lately about changes in the real estate market due to mortgage rates increasing. Below are helpful quick facts for buyers & sellers. Questions? Contact us!
SWAIN COUNTY
32
DAYS ON MARKET
SWAIN COUNTY
33.7%
58
HAYWOOD COUNTY
TRANSYLVANIA COUNTY
284 -18.8%
-34.1%
SWAIN COUNTY
-0.2%
JACKSON COUNTY
-43.7%
HAYWOOD COUNTY
28
HAYWOOD COUNTY
-20.7%
1 YEAR CHANGE
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.
Data Source: Based on information from the Canopy MLS for the period Q2 2022 – Asheville Region Quarterly Market Watch Report. MOUNTAIN TIME IN THE SMOKYS |
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