Highlands Real Estate Market Report for January

December was an exceptional month for home buyers on the Highlands real estate market, based on the most recent market data.

During those last few weeks of 2011, the home sales price decreased – as did the total number of home sales.

Continue reading to learn more about recent Highlands market activity and how it is proving to be advantageous to home buyers just like you.

Highlands Properties for Sale

Here’s a look at the latest Highlands market activity, based on the real estate website Trulia:

  • Currently, there are 745 resale and new homes on the market, including 2 in some stage of the foreclosure process.
  • Between September and November, the median sales price for Highlands homes was $325,000, which represents a 39.8 percent decrease when compared year-over-year.
  • Here’s how nearby N.C. communities stacked up in terms of median sales price:
  • Scaly Mountain: $172,500
  • Otto: $170,000
  • Franklin: $127,500
  • Clayton: $144,000
  • During that same period in 2010, the median sales price was $539,500.
  • During the week ending on December 21, the average listing price for homes in this N.C. Mountain community was $853,103, up 0.3 percent from the week before.
  • During that same week, the average listing price for 1-bedroom Highlands homes was $343,322
  • The average listing price for 2-bedroom homes was $469,420
  • And the average listing price for 3- and 4- bedroom homes in Highlands, NC was $615,158  and $1,130,927, respectively.
  • Here’s how nearby N.C. communities stacked up in terms of average listing price:
  • Scaly Mountain: $583,519
  • Otto: $245,843
  • Franklin: $238,849
  • Clayton: $212,255

Relocating to Highlands, NC

The discounted prices on Highlands NC homes lately are simply phenomenal!  Home buyers really do stand to get a fantastic deal on an excellent piece of Western North Carolina real estate.

If you’ve been thinking about making the Highlands area your permanent home, contact me, Dorothy Swearingen.

I’ll be happy to help you find your dream home by offering you such helpful tools as my pre-defined searches, which allow you to search for homes by price range:

Until next time,




Leave a Reply

Your email address will not be published. Required fields are marked *