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Rich Cooke's Blog

By Rich Cooke | Agent in Hendersonville, NC
  • Hendersonville Market Statistics for June 2009

    Posted Under: Market Conditions in Hendersonville  |  August 13, 2009 2:08 PM  |  256 views  |  No comments

    According to the North Carolina Association of Realtors®, home sales may be down overall across the state, but Hendersonville experienced a 2% increase in home sales from the same time last year.  The 110 Hendersonville homes sold in June 2009 was a 2% increase from June 2008 figures and was a 31% increase from sales figures in May 2009.  The average cost for a Hendersonville home was $219,362 (down 17% from June 2008's average cost of $264,559).

    In comparison, Asheville home sales were down 7% from the previous year (June 2009 showed 217 units sold, June 2008 showed 233 units sold).  However, June 2009 sales were up 45% from May 2009 figures.  The average cost for an Asheville home was 6% less than the same time last year ($266,883 in June 2008, $253,852 in June 2009).

    What do these figures mean for you buyers out there?  These low prices aren't going to last long.  Asheville real estate already seems to be experiencing what may be a bottoming out of the market, with home sales only slightly down from the previous year and the average price being only slightly less as well.  Hendersonville real estate is not too far behind, with its home sales almost exactly the same as the previous year and up significantly from the previous month.  You don't want to miss out on owning your piece of the American dream.  With the expiration of the $8,000 tax credit coming quickly upon us, now is definitely the time to buy.  Contact me today to let me know how I can make your Hendersonville or Asheville homeownership dreams come true!

 
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