Jan. 31, 2013. 2012 was the year real estate demand increased in the High Country but prices were held down, according to the year-end report by the High Country Association of Realtors, which represents realtors in Avery, Ashe and Watauga counties.
Buyers’ market conditions resulted in sales hitting a four-year high. Yet the median sold price fell, matching the lowest such price since the national housing market crashed in 2008.
For the year, there were 1,255 realtor-assisted sales, a 23 percent increase over sales 2011 (when Ashe County joined the MLS), and a 33 percent increase over 2010.
Yet while sales were up, 2012 saw the median sold price drop 5.7 percent, matching the median price from 2010 – $200,000. It was $212,000 in 2011.
For more information, contact Laurie Phillips with the High Country Association of Realtors,[email protected]