Market report, updated

Market Report

Search in the city of Newland

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Report prepared by Blowingrockrealestatenc1.com Blowing Rock Real Estate
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Market at a glance

Over the last 6 months, homes sold for 93.2% of list price in 93 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $418K Sold · $391K
$670K$510K$350K$190K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 18 sales in Aug. Last month: 14.

Where the market stands

All homes in this report, by status.

228homes
Active142 · 62%
Under contract8 · 4%
Sold (6 mo)78 · 34%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

10.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$353K
Under contract$1.08M
Sold$399K

Average days on market

Active164 days
Under contract129 days
Sold93 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 142
Average list price $353,222
Avg. days on market 164 days
Avg. price per ft² $305 Based on 97 of 142 homes
Avg. living area 1,604 ft² Based on 97 of 142 homes
Avg. beds / baths 2.5 / 2.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

45 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 96 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

46 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

TBD Jerry's Creek Road$1,421
374/433 Nicole Lane$902
9680 Nc Highway 181$711
16 Fish Camp Circle$620
397 Elderberry Loop$613
8646 NC Hwy 183$566
437 Windridge Road$530

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
TBD Arlan FranklinNewland, NC 28657 ———$175,000—9 days
294 New Vale Road Unit 4Newland, NC 28657 22992$204,900$2067 days
141 W Notalee StreetNewland, NC 28657 —21,687$199,000$11712 days
TBD Hemlock DriveNewland, NC 28657 ———$24,900—12 days
46 North Ridge Lane Unit PKGNewland, NC 28657 354,213$965,000$22912 days
212 Goldfinch RoadNewland, NC 28657 332,144$775,000$36113 days
23 Altamont WayNewland, NC 28657 ———$130,000—19 days
124 Park LoopNewland, NC 28657 22971$286,000$29421 days
46 North Ridge LaneNewland, NC 28657 354,213$895,000$21222 days
124 Wintergreen LaneNewland, NC 28657 221,391$199,000$1430 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”