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MARKET I.Q.
from Mountain Time in the Smokys | Oct-Dec 2022 - Western North Carolina Real Estate & Lifestyle Guide
by 4smokys
MARKET IQ SWAIN COUNTY
MARKET SNAPSHOT
Our featured listing in this issue, 5013 Needmoore Road, is nestled in Swain County, NC. Great Smoky Mountains National Park makes up a large percentage of the land in Swain County, which adds to the appeal of living in the county’s two main communities, Bryson City and Whittier. Check out the market snapshot below that captures recent housing market activity in the area. 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.
MARKET ACTIVITY: HOMES FOR SALE
Q2-2020: 40
Q2-2021: 15
Q2-2022: 29
MARKET ACTIVITY: CLOSED SALES
Q2-2020: 11
Q2-2021: 24
Q2-2022: 26
KEY METRICS Q2-2022 1-YR CHANGE
Median Sales Price............................................ $327,500...................................................... + 33.7% Avg. Sales Price..........................................$361,461......................................................... + 1.3% Pct. of Orig. Price Received..................................................94.3%.........................................................+ 1.8% Inventory of Homes for Sale.................................... 29......................................................+ 93.3% Closed Sales................................................................ 26........................................................+ 8.3% Months Supply of Inventory.........................................4.6.....................................................+ 127.9% List to Close......................................................105......................................................... -3.6% Days on Market........................................................................... 58..........................................................-0.2%
