The High Country real estate market continues to hold steady in the latest report from the High Country Association of Realtors.
For March, the MLS area of Alleghany, Ashe, Avery, and Watauga Counties saw 159 Residential Single Family, Condo / Townhouse sales close, this is up 23.3% compared to February.
Listings are moving quickly. The median number of days properties stayed on the market last month was down, at 63 days.
The median sales price for March was $415,000 up 11.4% compared to last month, while inventory was down 13.4% over February.
Interest rates have also come down from earlier highs near 7%. Freddie Mac’s average weekly rate survey showed a new low at 6.32% for a National Average as of March 30.
You can see the full repot online at HighCountryRealtors.org.
This post was originally published on this site be sure to check out more of their content.
