I chose The Poltrock Team from local advertising and after meeting John Poltrock, I found him to be very professional and knowledgeable in the real estate market. John was very helpful in keeping me current on the activity of my home while being sold. I absolutely would use The Poltrock Team again and rate them a 10+ in the real estate market in Murphy, NC.
~~Art Lence, Murphy, NC
I contacted The Poltrock Team when I was ready to list my home in Murphy, NC. I was very happy with the professionalism, friendliness and knowledge of the real estate market. The photography and presentation of my home on the market was excellent. The sale was a smooth transition and I would absolutely recommend The Poltrock Team.
~~Rae Ann LaPierre, Deltona, FL
We would highly recommend The Poltrock Team and John in particular. We found him to be very professional and personable. He has a strong working knowledge of the housing market in Murphy NC and provided us with an in-depth analysis of the real estate market. John was always available to meet with us and kept us informed throughout the sales process. If you want to sell your home in Murphy, NC, there’s no better choice!
Mark & Connie Johnson
Formerly of Murphy NC
The Poltrock Team – REMAX Mountain Properties – Murphy NC – www.MyMurphy.com– Call us Toll Free at 1-866-Murphy-NC or 1-866-687-7496 – Murphy’s #1 Real Estate Team
We found out about The Poltrock Team from friends and from word-of-mouth. Once we got the recommendation, we saw him all over Murphy, NC in their advertising! John did an excellent job and was up-beat and on the ball! The most helpful thing that John offered was the truth about the market.
John is a great communicator. He keeps in touch, returned our calls, and answered our questions immediately. With his use of the Internet, websites, etc., he gave me the confidence that he was also reaching the larger market of non-traditional buyers.
I really respect someone like John who told us the truth about the real estate market we were selling in. He was also realistic about a listing price and the negative details about the property.
This was a trying experience for us, because of our financial situation. . .and John was always enthusiastic and up-beat about the process of selling our house. His help with our decisions along the way was a great relief to us. We really appreciate how he helped sell a second piece of land of ours at a value we never thought we could achieve.
And then – the last – and most inspiring . . . is that even months after the sale of our house, and that second piece of land, John did some research for us on a tax issue pro-bono . . . on his own time! Thank you John!
John Wilkin & Cindy Szaz Loveland, OHThe Poltrock Team – REMAX of Murphy NC – www.MyMurphy.com–JohnPoltrock@gmail.com – Call us Toll Free at 1-866-Murphy-NC or 1-866-687-7496 – Murphy’s #1 Real Estate Team
I would recommend The Poltrock Team at REMAX in Murphy NC if I know of anyone looking to buy or sell real estate. I was fortunate to find him through references who knew John from other homes he sold around my house in The Havens.
I know the market can be trying at best, so any buyer or seller needs a Realtor that knows the local Murphy real estate market – and John is that Realtor.
John offered ideas that would sell my house and no agent before him did or could do that. I had two other real estate agents before him and I always had to contact them to find out what was going on. John always kept me informed and always returned my calls. I wish I had found him way before now. Now, my home is thankfully SOLD!!
Rick Gaspari Port Orange, FLThe Poltrock Team at REMAX in Murphy NC – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us Toll Free at 1-866-687-7496
John, Thank You. You have been a pleasure to work with – we wish the best to you and your wife. You were so informative and pleasant to work with – especially over the phone. Being out of state, we spent quite a bit of time on the phone together. You made the sale of our house in Tarheel of Murphy NC incredibly easy and kept us informed on what was going on with the sale of our property and the market as a whole. You gave us the information on the Murphy real estate market we couldn’t have gotten any where else! You did a great job for us and there’s no doubt we absolutely recommend you.
The Poltrock Team – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us Toll Free Today at 1-866-Murphy-NC or 1-866-687-7496 – Skype: johnpoltrock – Murphy’s #1 Real Estate Team
Holy cow it’s hard to believe it’s already 2010 and January is flying by. With that said, there’s lots of great things going on in Murphy NC real estate right now. In fact, for number nerds out there like me, you’ll love this edition of our real estate market update. For those of you who want the information quick and conveniently, I’ll give you a fast summary before I get to all the dirty details of what happened. As always, you’ll be able to click the links below to see what real estate has sold, for how much, pictures, and much more!
2009 has proven to be a great year for improvements here in Cherokee County. In fact, 2009 has all the indicators that the market is improving and is doing all the right things. I’ll follow with more detail later, but overall in comparison with 2008, 2009 had more sales, properties sold faster, and the amount of properties available for sale was less. These three items are absolutely essential to stabilizing a real estate market, and that’s exactly what has happened. I believe with every bone in my body than 2010 will be even better than 2009. I’m expecting great things.
You must be a subscriber of The POLTROCK TEAM’s Murphy NC Bi-Weekly Real Estate Update to get the Link to the sold properties for January 2010 and December 2010. See sold prices, pictures, and descriptions of what’s sold! Email John at JohnPoltrock@gmail.com and join our SOLD Update for Free!
the internet. Here’s statistical facts of what happened in 2009 vs. 2008.Residential Properties (Homes)
Land
We also have completed the Market Absorption Report, and to get your free copy, you have to join our free Market Update via email! It’s chock full of market information, so email me at JohnPoltrock@gmail.com to join and get your free copy.
January has only 4 sales recorded on the MLS system as of today. With that said, I know there is a lot of real estate pending right now. Every RE/MAX Realtor in Murphy is experiencing quite a busy month. There’s a lot of people planning to come in the Spring! Right now we are doing a lot of prospecting to get them here so they can find the property they want to buy. There’s a lot of buyers on the sidelines looking to get in to the market!
For all of you who helped make 2009 a great year, Thank You. Without you, our business doesn’t exist. I know 2010 will be an outstanding year and am looking forward to it. In fact we’ve set our goals at twice that of 2009 – a rather lofty undertaking. We will do it and with your help! If there’s anything we can do for you, or if you have any referrals who need real estate help, please give us a call. As you know, we’re never too busy for your business.
Murphy’s #1 Real Estate Team
Contact us Today! Toll-Free 1-866-687-7496 – JohnPoltrock@gmail.com – www.MyMurphy.com
Every two weeks, we email our sellers and those subscribed to our Bi-Weekly Sold Real Estate Update. Here’s this month’s edition! To get the most out of this update, subscribe to it! Email me at JohnPoltrock@gmail.com with your name, email address, and anything else you’d like to share. We’ll take care of the rest! Enjoy!
Merry Christmas! With the holiday season in full effect, real estate buyer activity in Murphy NC is beginning to to take its seasonal curb in the mountains. We still have folks here who are coming up later in the month, but more often than not, we’re finding they are looking to find Christmas presents for family members rather than shopping for homes and land. Personally, I think a good piece of real estate would be a heck of a Christmas present! 😉 Once we get past New Year’s, we’ll see buyers beginning to come in. Fear not – all is not lost! The buyers who come in the next several months are not as many in numbers, but for whatever reason are more qualified and ready to buy. Those are great buyers!
Now that November sales are in, we’re able to find out what the real estate market did last month and really get a good feel for things. Here we go:
Home sales for November reached 20 closed transactions in Cherokee County – which is quite an improvement over last year’s 4th Quarter average of 17 sales in a month. In fact, last November’s sales reached as low as only 10 transactions on homes.
Another impressive fact is that land sales last month hit 17 transactions – which is much better than the 13 transactions the market was averaging for land in 2008. Thats very close to the high side of what sold in a month for 2008 – and it’s November! We continue to expect great things from land because there are some outstanding opportunities for buyers out there and they are beginning to realize it.
Inventory is one of the largest obstacles we face in today’s real estate market. The more homes there are on the market, the more chances a buyer has of finding a similar property and buying it. The lower the inventory, the better your chances of selling. In the past month, we have seen the inventory of homes decrease 3.8% (which is a GOOD thing!) and decrease 7.6% from last year. Inventory is coming off the market – nice!
You must be a subscriber of The POLTROCK TEAM’s Bi-Weekly Real Estate Update to get the Link to the sold properties for the month of November. See sold prices, pictures, and descriptions of what’s sold! Email John at JohnPoltrock@gmail.com and join our SOLD Update!
With all this said, this is the last time you’ll get a SOLD Real Estate Update from us until December’s sales are in, so it should be the first of January. Until then, we wish you a
Merry Christmas!!
Back to school! Even my daughter is excited to be back to school at Murphy Elementary – which is a true blessing! Schools are starting all over the United States, and as a result, folks are busy. Parents and grandparents alike are busy getting their children back into the “grind.” Every year, we see a drop in new buyers coming in for 2-4 weeks during August when schools are starting back.
Even with the “Back to School” effect, the past two weeks in the real estate market have been HUGELY impressive in Murphy NC! In the past 14 days, an astronomical TWENTY-SIX properties went under contract and are currently pending totaling upwards of $4.1 million in potential real estate transactions. Coupled with the 19 properties that have sold and closed in the past 14 days, which makes for a great August when over $2.7 million is already closed in a two week period.
Over the past month, the average selling price of a home has been fluctuating from $130,253 to $148,068. July yielded the highest average selling price at $188,683. With all this being said, it makes sense that 61% of our market activity has been on properties priced $175,000 and under. With that said, we’re seeing two “holes” in the real estate inventory where supply is dwindling.
Interestingly enough, our new system also finds developing demand as well as price points that do not have active buyers. For example, the price range of $300,000 – $325,000 has had no demand in the past year, indicating a need for homes in those ranges to get under $300,000, which is a significantly more active price range.
Land is another category that needs attention. In the first quarter of 2009, there seemed to be no buyers searching for land. In fact, it was the lowest land sales ever since July of 2002! With that being said, we had nowhere to go but up! Sales volume in land has literally more than doubled since then and Realtors are experiencing more land buyers than we’ve had this entire year. Sales have largely been attributed to tracts less than three acres. In fact, they account for 70% of the transactions and 55% of total land dollar volume.
You must be a subscriber of The POLTROCK TEAM’s Bi-Weekly Real Estate Update to get the Link to the sold properties for the past 14 Days. See sold prices, pictures, and descriptions of what’s sold! Email John at JohnPoltrock@gmail.com and join our SOLD Update!|
Sold Home Statistics |
|||||
|
Low |
High |
Average |
Median |
Total |
|
|
List Price |
$69,900 |
$479,000 |
$205,666 |
$164,800 |
$3,496,325 |
|
Selling Price |
$59,000 |
$475,000 |
$185,235 |
$160,000 |
$3,149,000 |
|
List/Sold(%) |
79.81% |
104.46% |
90.21% |
88.93% |
– |
|
Price/SqFt ($) |
$0.00 |
$218.25 |
$91.10 |
$106.91 |
– |
|
Days on Market |
45 |
670 |
255 |
168 |
– |
|
Sold Land Statistics |
|||||
|
Low |
High |
Average |
Median |
Total |
|
|
List Price |
$14,900 |
$218,020 |
$91,043 |
$48,525 |
$546,260 |
|
Selling Price |
$11,100 |
$218,020 |
$108,337 |
$110,000 |
$650,020 |
|
List/Sold(%) |
74.50% |
318.69% |
127.58% |
91.47% |
– |
|
Days on Market |
22 |
497 |
242 |
255 |
– |
2009 is an exciting year for real estate and we look forward to a continually growing market. August has been a great month and we will continue to work for more to come! We appreciate your business very much, and if there’s anything we can do to help you or someone you know, please let us know! We’re in business because of you.
Written and researched by John Poltrock of The Poltrock Team at RE/MAX Mountain Properties can be reached at 877-837-3002 or by email at JohnPoltrock@gmail.com – You can read a summarized version of this article in the business section Murphy’s #1 Newspaper – The Cherokee Scout.
You can read previous editions of the Murphy NC Real Estate Market Solds and Update by Clicking Here