Land Listings See Surge In Sales – August 2021 Real Estate Report

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Last Updated on September 8, 2021 5:30 pm

With the unofficial start to Fall in the High Country underway, Realtors® in the area are preparing for the second round of the selling season. But with residential inventory dwindling, buyers are moving on to land purchases. Land sales are growing as buyers are realizing that in order to have a piece of mountain living, their options may lead them to vacant lots to build their homes.

RESIDENTIAL: August saw a total of 294 homes sell in the High Country, as compared to 372 homes sold last August. Alleghany Realtors® sold 18 homes totaling over $5 million. Ashe County Realtors® sold 47 homes that totaled $13.5 million. Avery County Realtors® sold 72 homes that totaled nearly $37 million. Watauga County Realtors® sold 131 homes totaling close to $68 million. While unit sales are down, the market is still pretty strong on sales volume. High Country MLS reports over $135 million in total sales for…

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