2012 Year End Real Estate Report by the High Country Association of Realtors

Published Thursday, January 31, 2013 at 12:20 pm
Median Sold Price By Year

Median Sold Price By Year



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.

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