Black Mountain Real Estate Market Conditions & Reports, Black Mountain Market Trends, North Carolina

Market Commentary Provided by Rowena Patton

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Rowena Patton
Keller Williams Realty
Asheville, North Carolina
828-210-1648
customerservice@pattonpropertygroup.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 Days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$275,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Black Mountain is

Seller Activity for the past 90 days in Black Mountain is

Is Financing Available For Qualified Buyers in Black Mountain?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Black Mountain, Hendersonville, Arden

Reason to Buy/Sell

Population Growth

Average Sold Price

$275,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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