State of the Market Address for Cherokee County and Murphy North Carolina

The real estate market is still one of the most talked about things in our country today. Every time you hear the sky is falling, but many of the nay sayers and media moguls don’t mention hard numbers to tell you what the market is doing. That’s what we’re here for! We want you to be an informed consumer, whether you’re buying or selling.

Here’s some hard numbers. The below chart represents four month trailing data for the Cherokee County Housing Market. It does not represent land. Trailing data is great because it averages out the most recent transactions to give you the most stable data. If you’re not sure what some of the abbreviations are below, see the key at the bottom of this article.

Current Market Data Powered by the Poltrock Team at REMAX of Murphy North Carolina

Price Range Transactions/mo. DOM Short DOM Average DOM Long L/S Ratio
Market 31.5 19 195 958 94.44%
150-200k 9.5 19 175 406 95.15%
200-250k 3.5 33 230 700 97.22%
250-300k 4.25 46 197 448 92.07%
300-350k 2 57 199 364 94.1%
350-400k .75 53 138 191 93.75%
400+ 1.75 33 114 186 92.49%

Now here’s something quite interesting. Here’s the data for the past month only:

Transactions/mo. DOM Short DOM Average DOM Long L/S Ratio
Market 43 37 232 958 93.17%

The variance in the 4 month trailing versus the 1 month numbers indicate we’re seeing more property move for the last month. That’s obvious. What is interesting is the DOM is much higher indicating we’re going to see that continue to get longer. Also, the List to sell ratio is over a full point lower. That generally shows me that more buyers are “fishing” for good deals (why transactions are up) and in some cases are getting it (which is why the L/S ratio is lower).

Either way, numbers are power! Want to know how this applies to your property or one that you are considering buying? Call us or email and we would be happy to provide you a free consultation to translate all this information to your situation. Happy buying and selling!

John Michael Poltrock – REMAX Mountain Properties – Real Estate in Murphy North Carolina, NC – www.MyMurphy.com -JohnP@remax.net – (877) 837-3002 – Copyright 2007

Funworld in Hiawassee Georgia

I go to Hiawassee, Georgia to go to Funworld. It is very fun there!! To get there, you go on 64 East from Murphy to Hayesville. From Hayesville, you turn right on to 69. At the T intersection, turn left and Funworld is on your right.There’s a big sign and even a movie theater sign, too.

There’s a rock climbing wall in the back. The rock wall is really made of plastic. You have to do it with a rope. When you climb to the top, you can push a button that rings a bell. It’s loud! You might want to cover your ears when you push it.

In the front, there is a big, huge play place where you can shoot balls, throw them, and more! There’s a big slide you should try out. You can only ride down back, straight, or on your bottom. It’s fun because you can hit a bump and bounce the whole way down!

There is a pizza place where you can get any kind of pizza. It is in the back. You might see it if you go there.

There are lots of video games! My favorite is the roll ball. If you get a 1,000 points, you get a bunch of tickets! There’s even a Putt-Putt game. You can play different holes. On the second to last one, it will go right down to the check point.

If you go there, you will see the other games. I’m sure you’ll find them amazing too! I hope you have a fine time!

By Katie Bug – Junior REMAX Agent – Murphy North Carolina – www.MyMurphy.com

Weece Mountain – The best home on over three acres on the market!

515 Weece Mountain
Hothouse area of Murphy NC
Home For Sale on Acreage!

  • 2 bedrooms, 2 baths great chalet styled home
  • EXCELLENT floor plan makes this home roomy and airy
  • Large kitchen is the perfect place to prepare meals
  • Full basement with a walkout!
  • +/- 3.1 acres is a great piece of land!
  • And you get it at an excellent value!
  • Stunning vaulted ceilings
  • Beautiful ROCK wood burning fireplace
  • Sit on the screened in porch and enjoy nature – without bugs!
  • Open and bright
  • Close to Blue Ridge GA and Ducktown TN and Murphy NC
  • You absolutely must see this winner!

This Home is SOLD!!! Check out all our current properties for sale in Murphy NC

John and Jessica Poltrock – REMAX Mountain Properties – www.MyMurphy.comJohnP@remax.net – Murphy North Carolina – Homes for Sale

Murphy NC Township Seeks to Annex New Area

The town of Murphy, North Carolina is seeking to annex 34 additional acres. According to the Cherokee Sentinel Newspaper, it makes the “perfect annexation.”
 
It is proposing to bring in the property that includes the Lowes Home Center, Sonic restaurant, the BP station (which by the way, is closed), and some public land belonging to Cherokee County and the Tennessee Valley Authority (TVA).
 
According to reported figures, the town expects to gain about $38,753 annually as a result of the new territory. There will be another public hearing on September 13th at 5pm at the city hall. It could become finalized as early as the end of the year.
 
John Michael Poltrock – REMAX Mountain Properties – www.MyMurphy.comJohnP@remax.net – (877) 837-3002 – Murphy, NC Real Estate

My First Day Back to Martin’s Creek School

My first day was kind of embarrasing, but it was kind of fun too. We got to know each other. I was embarrassed because I thought Carly and Hayle would be there… they are my friends. I am making new friends as I go. My teacher is very nice and gives us only one chance to be good.

We got to learn what the computers were for. Soon we will get more computers for AR tests. The AR books have red stickers and are in the library.  They have questions in them you have to take a test on. When you start the test, you cannot stop.

My new friend is named Jeremy. He is new at school but is nice, too.

The End – More coming soon from Katie Bug!

Disney Fun Trip

I had went to Disney World from Murphy, North Carolina. I had a lot of fun. I went with daddy, Erika, Meemaw, Deedaw, Priscilla (she’s a dog), and Peanut (another dog).

I went to Sea World and saw sharks! Different kinds of them. We saw a dolphin show. This girl always wanted to swim with dolphins. She dove from a window and swam with them. Then the cool part came. There was a trapeze guy who was on their nose. They dolphins did flips in the air! They would do normal dives and even circle dives.

Disney had several fun rides. On one, we went to the top of an elevator and fell down 13 floors! We took another elevator where you got to fly in the air and see everything in the park. There was Space Mountain. I got to ride in the front once and the back. You were able to see stars, the Milky Way, Everything in the universe!

You should go sometime! It was very hot, but was worth the trip. It is in Orlando, Florida. I’ve got to go to my first day of school tomorrow, so it’s bed time. That’s all for now!

Katie Peacock (Poltrock) – Future REMAX Agent – REMAX Mountain Properties

12 Breakaway Trail – Andrews, North Carolina – Log Cabin Home for Sale

12 Breakaway Trail
Andrews, North Carolina

  • Great 2 bedroom, 1.5 bath TRUE log home
  • TRUE Log Garage
  • Protected by an American Home Shield Select Warranty
  • Gorgeous Mountain View overlooking the Snowbird Mountains
  • Patio and screened in porch
  • Located in Granny Squirrel community
  • Paved Roads
  • Extremely low maintenance vacation home

We’re sorry but this home is no longer available.

John Poltrock – RE/MAX Mountain Properties – Murphy, North Carolina – www.MyMurphy.comJohnP@remax.net – (877) 837-3002

Tarheel West – The Ultimate Mountain Cabin Getaway For Sale

This home is now SOLD Real Estate in Murphy NC!

Tarheel West Drive
Great Mountain Home for Sale

 

  • 3 bedroom, 2 bath mountain home
  • Gorgeous decorations accentuate this home excellently!
  • Better than a new construction home!
  • Featured with an American Home Shield Select Warranty
  • Sits on approximately 7.48 killer acres!
  • Rock Lined Creeks and own your own waterfall!
  • Private everything! Well, Drive, and your home! Never see another neighbor again
  • Ten minute walk to Lake Hiwassee
  • Point in common with United States Forest Service
  • 5 minutes and 28 seconds from the square of Murphy
  • Paved Road Frontage right up to the driveway
  • Back porch overlooks the acreage, creeks, and hear the waterfall’s echo
  • Great wood burning rock fireplace
  • More storage than you’ll find at any other cabin
  • We have a floor plan and would be happy to email it to you
  • Central Heat Pump – works both heating and air conditioning
  • Great Country kitchen with top notch appliances

Now that this property is sold, be sure to check out Our Murphy NC Real Estate Listings for Sale currently.

John Michael Poltrock – REMAX Mountain Properties – JohnP@remax.netwww.MyMurphy.com – Homes, Land, and Real Estate – Call us toll free at 1-866-687-7496

Glenn Oaks Mountain Settlement Now Available!

Welcome to the new community of Glenn Oaks at Carter Cove! This is the latest and greatest mountain community we have to offer. We’ve featured it in several of the local real estate magazines such as Southern Home Markets, Homes and Land, and Smoky Mountain Shoppers Guide. It’s not a gated community, which many over our customers try to avoid. It has many of the benefits without the headaches. Some of the features you can look forward to with Glenn Oaks is:

  • Underground utilities
  • Water is provided through community wells – which has been state tested with great results
  • Several lots to choose from – flat lots, view lots, wooded lots, and top of the mountain
  • Roads will be paved
  • Cabin, log, and chalet styled homes are already in place with good neighbors

This is a great community with lots moving quickly. This will make a great home site or real estate investment.

John Michael and Jessica Ritz Poltrock – REMAX Mountain Properties – www.MyMurphy.comJohnP@remax.net – 1-866-687-7496

My fun camping trip to Lake Hiwassee


Me and my Aunt Jenny went to Hiwassee Lake. We had a lot of fun.

We had a ride on her boat. We loaded her boat at the Hanging Dog camp ground area. I got to ride in the tube behind the boat. Me and the boys rode the tube. It was bumpy sometimes. It was very fun and fast. I fell off one time and so did Brad. Lucas fell off two times. After we were done, we were tired. We ate dinner, and then Jenny lit some fireworks. We had one that made a parachute guy fall down. There were others, but they fell into the lake. We sat and watched them and we liked them.

The people I went with were Brad, Shawn, Lucas, Lucas’s dad, Lucas’s grandpa, Aunt Jenny, and Chris. We all had a lot of fun.

Our campground was very nice. To get to it, we had to ride the boat since it was on the U.S. Forest Service land. We had a camp fire ring made out of rocks. We camped in a tent and slept on the floor in a sleeping bag. There was a big mud pit! It was filled with the squishiest mud ever! We had to get in the water to wash it off when we were done playing in it. Afterward, we went fishing. There were hardly any fish to catch. I still was able to catch one. Brad didn’t catch one. Lucas was generous enough to share his with him. Shawn caught one – it was skinny.

Early in the morning, I went fishing. I had a bite or two, but I didn’t reel in the handle fast enough. I even got to chop a tree with a hatchet.

When I left, I broke out in rashes. They were everywhere! Just a few minutes before, I was eating some little squishy tablets like Gushers. Then I played with some kind of bug. It could’ve made the rash. Aunt Jenny rushed me back to Hanging Dog where John Michael (a.k.a. Dad) picked me up and gave me Benadryl. That was the end of my trip.

Next time, I’ll have more than that, and that’s the truth! Next time, we’ll write about Florida and when I went to Disney World.

By: Katie Peacock (who’s still a Poltrock! and even a Ritz!