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Maggie Valley Real Estate Market Update

Sales in the Maggie Valley have been sluggish thus far in 2009. Last year from 1/1/08-4/10/08 we had 18 sales of single family residential homes in Maggie Valley compared to 15 this year (2008 was sluggish as well!). As we head into our "selling season" and the tourist return to the area we will get a good idea of how the "season" will shape up. Below our the current market stats for single family residential homes sold form 1/1/09- 4/10/09.

Total # of Homes sold:15

Average Listing Price: $245,507

Average Selling Price: $227,593

Average Days on the Market: 191 Days

Months Supply on the Market: 33.6 Months

6 months Supply= Balanced Market
Less than 6 Months= Sellers Market
More than 6 Months= Buyers Market
Stats Source: NC Mountains MLS Inc.

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