Highlands real estate is on the upswing, with volume and prices up. Tagging along with a national trend that is seeing strength in real estate, Highlands homes are selling. Tracking data shows an increase across the board and clearly buyers are seeing now as a great time to buy.
The real estate tracking website Trulia.com is currently displaying data for the three week period of June 5th through June 26th. The number of Highlands homes sold within this period is up 37% compared with a year ago. The average price per square foot for homes sold in Highlands is up 145%. These increases show solid growth in our local market.
While there has been much hype about rising interest rates in recent weeks it is important to realize that rates are still quite low. Those buying Highlands homes are saving a great deal by locking in now and buying vacation homes while affordability levels are very attractive.
Contact me, Lynn Kimball, today to learn more about current market conditions. Let me experience and knowledge work to your advantage and help you acquire your dream home. Highlands North Carolina is a special place and there are a number of fantastic properties currently listed for sale.