The State of the Real Estate Market and Sales in Murphy, North Carolina

Good morning from cloudy Murphy, North Carolina! If you’re not here, you’re missing out on cool and comfortable weather – it’s great for it not be so doggone cold! 😉

As you likely know, real estate markets in Murphy NC are interesting right now. January yielded 18 home sales in Cherokee County, which is only down by one sale from this time last year. That’s a great step in the right direction! Buyers are certainly looking for homes, and there are a lot of good opportunities out there for them. In our most recent tri-weekly newsletter for buyers (we have well over 500 prospective buyers on that list), there were some really amazing deals (To Join this List, Email with JOIN in the Subject line). A few foreclosures were in the list… and overall we’re quite lucky because we do not have to compete with foreclosures nearly as much as many buyers like to think we are.

Land, on the other hand, is quite a bit down from this time last year. There were 8 land closings in January compared with an average of 20 sales per month from the first quarter of 2008. Land is still selling pretty well and it must be aggressively priced in order to make the “under contract” list. We’ve put one parcel under contract and likely have two more on the way. All are exceptional buys for the buyer and the sellers are tickled pink to move their property.

Here would be a link to the properties that have sold in the past 14 days. Included are photos, information, list and sold price. To recieve this information, join our Bi-Weekly SOLD Real Estate Update for FREE! Email with Bi-Weekly Update in the Subject to be added!

We will continue to work tirelessly on selling real estate! If there’s anything we can do to help you with your property, please give us a call, email, text message, or any other way that’s convenient for you. If  We’re in business for you and we’re thankful for you!

The POLTROCK TEAM at RE/MAX Mountain Properties – – Call Toll Free at 1-866-687-7496