February 2014
Henderson County Market Stats
In 2013, Henderson county saw an average of 6% gains in home value, which is one of the strongest in the area. The strong sales led to a reduction in supply creating a 20% increase in monthly home sales. Overall, 2014 should be good but maybe not as strong as 2013.
Regional Land Stats
For the first time in years we have started to see land sales again. The sales pace increased through 2013 and we should continue to see this in 2014. Buyers who bought in 2013 bought at historical lows.
Haywood County Market Stats
There is a slow and steady recovering happening in Haywood County and should continue through 2014. There has been about a 12% reduction in inventory compared to 2012 as well as an increase in overall sales pace through 2013.
Madison County Market Stats
Madison County is one of the best buys in our region. There is still an oversupply of inventory but the sales pace has increased over 2012 by around 30% and we are expecting it to be even better in 2014.
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