Home > Brevard Real Estate Market
National Market Conditions
2017 3rd Quarter Market Report: Home Sales and Prices Hit a Wall

The 3rd quarter of 2017 ended with not much of a change from the 2nd quarter. Home sales are down slightly and home prices continue to rise with median home prices up 4.2% year over year, but down from the second quarter's 6.2% increase. The primary reason for the slow-down in sales is the limited number of homes for sale, higher prices and less buyers being able to afford to buy a home.

The most notable change in the 2nd quarter was a shift in the amount of buyer activity declining 16% from last quarter. Additionally we found a significant change in the amount of price appreciation. Although 91% of the markets reported price appreciation there was an 11% shift from those markets reporting 5-10% appreciation and over 10% appreciation to those markets reporting under 5% appreciation.

According the National association of Realtors (NAR) existing home prices were up 4.2% over last year; the inventory of unsold homes is at a 4.2 month supply and 48% of all homes were sold in under one month. Still home sales dropped overall due to the low inventory of homes for sale.

The data in this report is generated primarily from our survey of HouseHunt.com and MoveUp.com exclusive member real estate agents across the United States. This grass roots approach to studying the housing market gives us a thorough look at where the real estate market is through the eyes and perspective of the local real estate agents who are living and working in the trenches of each community.

Buyer and Seller Activity
The trend in buyer activity is significantly higher than seller activity, however there was a definite downward trend in the number of markets continuing to show increasing buyer activity in the 3rd quarter. Our Realtors reported increasing buyer activity in 73% of the markets - down 16% from last quarter, but up 7% compared to last year. Seller activity was increasing in 49% of the markets in the 3rd quarter which was no change from the 2nd quarter, but up 9% over last year.

...Read Full Article
Winter 2018 Market Update
H A I K U HOMES FOR EVERY SEASON +1.828.772.4414 Greetings From The Land Of The WaterFalls ~ Life Here Is Oh, So Good :) Did You Know... Half Of Transylvania County Is National Forests + State Parks?! Naturally Perfect For World-Class Mountain Biking, Fly Fishing The Davidson River, Exploring 250+ Waterfalls - Even From Your Vehicle, Hiking Looking Glass Rock, Slipping Off Sliding Rock Falls, River Rafting, Kayaking And Tubing The Ancient French Broad River, Scenic Fall Cruising The Blue Ridge Parkway, Winter Sledding And So Much More! After A Memorable Day In Natural Beauty And Fresh Mountain Air, Enjoy A Casual Stroll Through Brevard’s Historic Downtown Filled With Restaurants, Galleries, Brew Pubs And Shoppes To Delight Your Senses! With All The Festivals Brevard Is Home To, You May Find Yourself Mingling Among Local Artisans Marveling Their Crafts, Or Dancing In The Streets With Your Neighbors, Including That Wild And Crazy Guy, Himself A Pretty Accomplished Musician, Steve Martin. There’s Something For Everyone ! Mix Among Live Music, Craft Breweries, Studios And More In Brevard’s LumberYard Arts District. Discover The Quaint Village of The LumberYard Arts District With Pubs, Cafes, Live Music, Shoppes, Galleries And Artist’s Studios Nestled Among Charming Urban Cottages, Circa Revival’s And Walkable Condos, Located Within Walking Distance To Downtown. Join In All The Adventure At Pisgah Forest Village! Located At The Gateway To The Pisgah National Forest And Blue Ridge Parkway Access, Discover Restaurants, Lodging, Camping, Tubing And Rafting, MotorBike+Scooter Rental, Walmart/Bi-Lo Center And Bike-Friendly Cool Pubs Along The Scenic Davidson River. Home Buyers Get Peace Of Mind...And Other Fun Stuff :) Home Buyers Receive A Comprehensive 2-10 Home Buyer’s Warranty^ On Qualified Properties^ At Closing, Along With Our Signature HAIKU HOMES Gift Basket Filled With Fun Treats, Special Offers And Area Info To Welcome You To Your New Home! Plan Your Visit And Get Hotel Discounts > Let Us Know When You Plan To Visit To Schedule Your HAIKU HOMES Tour. We’ll Acquaint You With The Area, Tour Beautiful Homes And Hook You Up With Hotel Discounts, Like The Cool New Pilot Cove Cabins And Pet-Friendly Hampton Inn Brevard - Immersed In The Pisgah National Forest! With So Much To Do At Every Season, It’s Always A Good Time To Be In Brevard! CALL H A I K U HOMES WNC TODAY >>> +1.828.772.4414 ^ H A I K U HOME WARRANTY PROTECTION IS INCLUDED At Closing With Every Purchase Or Sale Of Qualifying SFH/Condo/Townhome Properties, Based On HOA Covenants And 2-10 HBW Qualifying Provisions, A $500 Value!
Average Sold Home Price: $375,000

Average Time on Market: 10-30 days

Best Selling Price Range: $350,000 - $399,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: Decreasing

Buyer's or Seller's Market: More buyers than sellers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: Asheville

Contact Information
Top Agent
Email Me
Receive New Listings by Email
Search for Homes
Property Type
Minimum Price
Maximum Price
Mortgage Rates for Mar 17th, 2018
30 year fixed rate: 4.25%
15 year fixed rate: 3.66%
30 year jumbo rate: 4.40%
15 year jumbo rate: 4.12%
Check your Home's Value
Your Street Address
Your Zip Code
Real Estate Professional, Top Agent Top Agent
HouseHunt, Inc.
Specializing in Brevard Real Estate
19671 Beach Blvd. Suite 206
Huntington Beach, California 92648
Email Me | Receive New Listings by Email
Brokerage Logo of HouseHunt, Inc.
(Because current market conditions can change rapidly in any given marketplace,
please check with Top Agent for current Brevard, NC market conditions before acting on this information.)
Homes for Sale by HouseHunt.com  Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!
© Copyright 1995-2018 HouseHunt Inc - All Rights Reserved