Quarterly

Market
Report
3rd QUARTER
July–September, 2010

Prepared exclusively
for use by
Beverly-Hanks
& Associates
 Your source for
the most up-to-date
real estate information

A personal message
from Owner & President
Neal Hanks, Jr.
E
ach quarter, I have the privilege to update our customers and clients on the state of the real estate
markets in Western North Carolina and share a few thoughts on where I believe our market is headed.
When I wrote this letter last, we had just finished a strong 2nd quarter and “closed” sales were up more
than 22 percent over 2009. At that time, concern was expressed that pending home sales had dropped off
dramatically in May and June. I explained that closings in the third quarter would suffer from a similar pattern.
The chart on the accompanying page demonstrates this is exactly what happened. The market eventually
gave up most of the progress it made in the first half of the year. Annual sales are now 5.8 percent above last
year.
I am encouraged to report that “written” sales improved in the third quarter and have essentially returned to
October 2009 levels. October is traditionally one of the best months of the year. This month our traffic and
reports from other brokers indicate this month should be similar to last. In summary, we are expecting a
relatively moderate sales pace through the end of the year and expect 2010 year end results to be slightly
better than 2009.
With only a slight improvement in sales, we have not made any significant reduction in inventory levels; in fact
our absorption rate, for the seven county region, remains more than 24 months. Some counties are higher
and some lower. Most experts believe that six months of inventory represents a balanced market, when
absorption rates are below six months prices should rise, when absorption rates are above six, prices should
fall. We agree with the analysts that there will be continued downward pressure on the pricing of real estate in
the near term and well into 2011.
Purchase opportunities are abundant for the savvy consumer and with interest rates hovering around the
four percent range, this is truly a historic buyers’ market. Our sense is that more and more home- buyers
believe this to be the case and are now starting to act. Improving consumer confidence and improvement in
the job markets is the fuel needed to make continued gains. Western North Carolina remains one of the most
desirable regions of the country to live, work and play. We remain optimistic in both the near and long term
about the real estate market’s growth here at home.
Whether buying or selling real estate, the counsel of experienced professionals is an important factor in
making wise decisions. The experienced broker associates at Beverly-Hanks and Associates stand ready to
assist you and would consider it a privilege to do so.

Warm Regards

W. Neal Hanks, Jr.
J U LY – S E P T E M B E R

Number of Homes Sold

COUNTY 2010 2009 % change

Buncombe 1708 1601 +6.7%

Haywood 378 364 +3.8%
Henderson 759 771 –1.6%
Madison 85 55 +54.5%
2010 Totals

Polk 67 79 –15.2%
Rutherford 147 134 +9.7%
Transylvania 206 163 +26.4%

*TOTAL 3,350 3,167 +5.8%

Average Home Selling Price

COUNTY 2010 2009 % change

Buncombe $247,326 $260,471 –5%

Haywood $199,204 $209,012 –4.7%
Henderson $223,832 $212,618 +5.3%
Madison $177,524 $210,803 –15.8%
2010 Totals

Polk $221,399 $181,936 +21.7%

Rutherford $185,222 $194,153 –4.6%
Transylvania $258,070 $276,017 –6.5%

*AVERAGE $232,219 238,079 –2.5%

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service
does not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real
estate activity in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
* These totals and averages include all sales reported through the North Carolina Mountains Multiple Listing Service.
 Quarterly Market Report

Housing Supply vs. Demand

Western North Carolina Region
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 22 15 38 27 28 61 42 31 36 300 33.3 212 6.4

$75,000–$149,999 65 68 104 134 124 147 84 115 84 925 102.8 1540 15
$150,000–$199,999 55 50 83 114 98 98 75 74 82 729 81 1577 19.5
$200,000–$249,999 23 44 58 72 73 80 47 53 54 505 56.1 1278 22.8
$250,000–$299,999 25 21 38 35 48 58 45 39 43 352 39.1 1152 29.5
$300,000–$349,999 17 11 20 29 30 42 17 32 26 224 24.9 676 27.1
$350,000–$399,999 12 9 12 16 19 26 21 17 21 153 17 696 40.9
$400,000–$449,999 11 5 10 9 5 16 13 15 12 96 10.7 339 31.7
$450,000–$499,999 8 3 3 6 10 17 7 6 9 69 7.7 385 50
$500,000–$549,999 6 3 5 2 4 8 4 0 6 38 4.2 198 47.1
$550,000–$599,999 4 2 1 3 5 6 3 1 2 27 3 239 79.7
$600,000–$699,000 4.7 250 53.2
2010 Totals

5 1 2 5 6 8 4 4 7 42
$700,000–$799,000 1 2 2 1 1 4 3 1 2 17 1.9 209 110
$800,000–$899,999 1 1 0 3 0 1 4 1 4 15 1.7 162 95.3
$900,000–$999,999 1 2 1 1 4 1 0 0 1 11 1.2 145 120.8
$1 Million–$1.9 Million 4 3 6 5 5 4 3 1 4 35 3.9 422 108.2
$2 Million–$2.9 Million 0 1 0 1 0 2 0 1 0 5 0.6 79 131.7
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 30 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 7 unknown
TOTALS 260 241 383 463 460 579 373 394 393 3546 394 9596 24.3

Buncombe County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 7 7 13 8 4 19 17 8 11 94 10.4 40 3.8

$75,000–$149,999 25 29 54 61 54 61 33 48 34 399 44.3 545 12.3
$150,000–$199,999 32 24 53 65 51 44 34 38 33 374 41.6 566 13.6
$200,000–$249,999 13 23 31 44 46 36 24 24 18 259 28.8 429 14.9
$250,000–$299,999 12 11 21 22 17 25 25 27 22 182 20.2 387 19.2
$300,000–$349,999 5 5 10 16 18 29 10 18 12 123 13.7 240 17.5
$350,000–$399,999 8 4 7 7 9 15 10 8 10 78 8.7 242 27.8
$400,000–$449,999 6 3 6 5 5 8 8 9 7 57 6.3 128 20.3
$450,000–$499,999 4 2 3 2 6 11 5 4 5 42 4.7 106 22.5
$500,000–$549,999 5 2 2 1 1 5 3 0 3 22 2.4 71 29.6
$550,000–$599,999 4 0 1 2 2 2 3 0 2 16 1.8 76 42.2
$600,000–$699,000 1 1 1 1 0 2 4 3 5 18 2 87 43.5
2010 Totals

$700,000–$799,000 1 1 2 0 1 2 2 1 0 10 1.1 78 70.9

$800,000–$899,999 0 1 0 1 0 1 2 1 4 10 1.1 57 51.8
$900,000–$999,999 0 1 0 1 2 1 0 0 0 5 0.4 55 137.5
$1 Million–$1.9 Million 3 2 3 3 2 2 1 0 2 18 2 201 101.5
$2 Million–$2.9 Million 0 1 0 1 0 2 0 0 0 4 0.3 27 90
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 9 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 1 unknown
TOTALS 126 117 207 240 218 265 181 189 168 1711 190.1 3345 17.6

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Henderson County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 3 2 6 4 6 8 3 4 9 45 5 31 6.2
$75,000–$149,999 16 154 24 26 34 32 18 21 10 196 21.8 339 15.5
$150,000–$199,999 14 8 15 28 26 22 21 16 25 176 19.6 330 16.8
$200,000–$249,999 9 8 15 17 10 21 9 15 17 121 13.4 293 21.9
$250,000–$299,999 3 4 9 6 18 13 10 6 7 76 8.4 215 25.6
$300,000–$349,999 5 2 4 7 6 9 4 5 8 50 5.6 150 26.8
$350,000–$399,999 2 5 0 3 5 7 5 2 4 33 3.7 130 35.1
$400,000–$449,999 1 1 1 2 0 5 1 3 1 15 1.7 53 31.2
$450,000–$499,999 4 0 0 2 2 5 1 0 2 16 1.8 52 28.9
$500,000–$549,999 1 0 3 0 1 2 1 0 2 10 1.1 41 37.3
$550,000–$599,999 0 0 0 0 0 2 0 0 0 2 0.2 44 220
$600,000–$699,000 1 0 0 3 0 4 0 0 0 8 0.9 47 52.2

2010 Totals
$700,000–$799,000 0 0 0 0 0 1 0 0 1 2 0.2 32 160
$800,000–$899,999 0 0 0 1 0 0 1 0 0 2 0.2 19 95
$900,000–$999,999 1 0 0 0 1 0 0 0 0 2 0.2 15 75
$1 Million–$1.9 Million 0 0 2 0 0 1 0 1 1 5 0.6 43 71.7
$2 Million–$2.9 Million 0 0 0 0 0 0 0 1 0 1 0.1 9 90
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 5 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 1 unknown
TOTALS 60 45 79 99 109 132 74 74 87 759 84.3 1849 21.9

Haywood County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 1 4 3 6 4 7 10 3 7 45 5 40 8
$75,000–$149,999 6 11 16 16 11 20 8 24 14 126 14 255 18.2
$150,000–$199,999 4 8 5 5 6 21 3 8 11 71 7.9 236 29.9
$200,000–$249,999 0 3 8 4 2 10 3 2 8 40 4.4 216 49.1
$250,000–$299,999 5 2 3 3 6 7 1 3 5 35 3.9 205 52.6
$300,000–$349,999 3 1 2 2 2 2 0 5 2 19 2.1 89 42.4
$350,000–$399,999 2 1 0 3 2 0 1 1 3 13 1.4 104 74.3
$400,000–$449,999 1 0 1 1 0 2 0 3 2 10 1.1 45 40.1
$450,000–$499,999 0 0 0 0 0 0 0 2 1 3 0.3 67 223.3
$500,000–$549,999 0 0 0 0 0 1 0 0 0 1 0.1 12 120
$550,000–$599,999 0 0 0 0 1 0 0 0 0 1 0.1 29 290
2010 Totals

$600,000–$699,000 1 0 1 0 2 0 0 0 0 4 0.4 24 60
$700,000–$799,000 0 0 0 0 1 1 0 0 1 3 0.3 24 80
$800,000–$899,999 0 0 0 1 0 0 0 0 0 1 0.1 16 160
$900,000–$999,999 0 1 0 0 0 0 0 0 1 2 0.2 14 70
$1 Million–$1.9 Million 0 0 0 0 0 0 1 0 1 2 0.2 40 200
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 6 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 3 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 0 n/a
TOTALS 23 31 39 41 37 71 30 51 56 379 42.1 1425 33.8

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Quarterly Market Report

Housing Supply vs. Demand

Rutherford County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 4 0 7 2 7 10 2 5 1 38 4.2 40 9.5

$75,000–$149,999 2 2 3 8 6 5 6 3 3 38 4.2 82 19.5
$150,000–$199,999 0 4 1 3 3 1 4 3 3 22 2.4 86 35.8
$200,000–$249,999 0 1 1 0 2 3 2 3 2 14 1.6 62 38.7
$250,000–$299,999 1 0 1 2 0 1 0 0 3 8 0.9 68 85
$300,000–$349,999 1 1 0 2 3 0 1 3 2 13 1.4 35 23.3
$350,000–$399,999 0 0 1 0 0 1 0 3 2 7 0.8 38 47.5
$400,000–$449,999 1 0 1 0 0 0 0 0 0 2 0.2 21 105
$450,000–$499,999 0 0 0 0 0 0 0 0 1 1 0.1 35 350
$500,000–$549,999 0 0 0 0 0 0 0 0 0 0 0 13 unknown
$550,000–$599,999 0 0 0 0 0 1 0 0 0 1 0.1 8 80
$600,000–$699,000 0.1 10 100
2010 Totals

0 0 0 0 1 0 0 0 0 1
$700,000–$799,000 0 0 0 0 0 0 1 0 0 1 0.1 11 110
$800,000–$899,999 0 0 0 0 0 0 0 0 0 0 0 9 unknown
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 8 unknown
$1 Million–$1.9 Million 1 0 1 0 0 0 0 0 0 2 0.2 14 70
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 3 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 1 unknown
TOTALS 10 8 16 17 22 22 16 20 17 148 16.4 545 33.2

Polk County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 1 0 0 1 1 2 0 1 1 7 0.8 1 1.2

$75,000–$149,999 4 1 0 1 0 4 2 7 1 20 2.2 22 10
$150,000–$199,999 1 0 1 2 0 0 2 1 1 8 0.9 44 48.9
$200,000–$249,999 1 1 0 0 4 2 0 0 0 8 0.9 40 44.4
$250,000–$299,999 2 1 3 1 1 2 1 1 2 14 1.6 29 18.1
$300,000–$349,999 0 0 0 1 1 1 0 0 0 3 0.3 23 76.7
$350,000–$399,999 0 1 0 0 0 1 0 0 0 2 0.2 25 125
$400,000–$449,999 0 0 0 0 0 1 1 0 0 2 0.2 12 50
$450,000–$499,999 0 0 0 1 0 0 0 0 0 1 0.1 16 160
$500,000–$549,999 0 0 0 0 0 0 0 0 0 0 0 8 unknown
$550,000–$599,999 0 0 0 0 0 1 0 0 0 1 0.1 11 110
$600,000–$699,000 0 0 0 0 0 0 0 0 0 0 0 15 unknown
2010 Totals

$700,000–$799,000 0 0 0 0 0 0 0 0 0 0 0 9 unknown
$800,000–$899,999 0 0 0 0 0 0 1 0 0 1 0.1 15 160
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 5 unknown
$1 Million–$1.9 Million 0 0 0 0 1 0 0 0 0 1 0.1 23 230
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 5 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 0 unknown
TOTALS 9 4 4 6 8 14 7 10 5 67 7.4 304 41.1

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Transylvania County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 2 1 1 2 2 4 2 1 3 18 2 15 7.5
$75,000–$149,999 4 3 2 10 5 6 9 3 4 46 5.1 102 20
$150,000–$199,999 3 5 4 7 7 4 6 5 5 46 5.1 121 23.7
$200,000–$249,999 0 5 1 3 2 6 4 5 4 30 3.3 97 29.4
$250,000–$299,999 0 1 0 0 4 5 3 1 1 15 1.7 101 59.4
$300,000–$349,999 3 1 4 1 0 0 0 0 2 11 1.2 69 57.5
$350,000–$399,999 0 0 2 1 1 1 2 3 2 12 1.33 65 48.9
$400,000–$449,999 1 0 0 0 0 0 0 0 1 2 0.2 26 130
$450,000–$499,999 0 0 0 1 2 0 1 0 0 4 0.4 50 125
$500,000–$549,999 0 0 0 0 2 0 0 0 1 3 0.3 26 78.8
$550,000–$599,999 0 1 0 1 1 0 0 1 0 4 0.4 44 110
$600,000–$699,000 2 0 0 1 2 1 0 1 0 7 0.8 30 37.5

2010 Totals
$700,000–$799,000 0 1 0 0 0 0 0 0 0 1 0.1 30 300
$800,000–$899,999 0 0 0 0 0 0 0 0 0 0 0 16 unknown
$900,000–$999,999 0 0 1 0 0 0 0 0 0 1 0.1 27 270
$1 Million–$1.9 Million 0 0 0 2 2 1 1 0 0 6 0.7 51 72.8
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 17 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 8 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 2 unknown
TOTALS 15 18 15 29 30 28 28 20 23 206 22.9 897 39.2

Madison County
YTD
YTD 10/1/2010
Monthly Absorption
Units Active
Average Rate**
Sold Units
PRICE RANGE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Units Sold

$0–$74,999 0 0 1 2 2 5 2 3 1 16 1.8 6 3.3

$75,000–$149,999 3 2 2 3 3 6 1 4 5 29 3.2 39 12.2
$150,000–$199,999 0 0 1 1 3 3 2 1 1 12 1.3 53 40.8
$200,000–$249,999 0 2 1 2 1 0 1 1 2 10 1.1 43 39.1
$250,000–$299,999 1 0 0 1 1 3 2 1 1 10 1.1 38 34.5
$300,000–$349,999 0 0 0 0 1 0 1 0 0 2 0.2 22 110
$350,000–$399,999 0 0 1 0 0 1 0 0 0 2 0.2 22 110
$400,000–$449,999 0 0 0 0 0 0 0 0 0 0 0 17 unknown
$450,000–$499,999 0 0 0 0 0 0 0 0 0 0 0 29 unknown
$500,000–$549,999 0 1 0 0 0 0 0 0 0 1 0.1 14 140
$550,000–$599,999 0 0 0 0 0 0 0 0 0 0 0 8 unknown
2010 Totals

$600,000–$699,000 0 0 0 0 0 1 0 0 1 2 0.2 9 45
$700,000–$799,000 0 0 0 0 0 0 0 0 0 0 0 8 unknown
$800,000–$899,999 0 0 0 0 0 0 0 0 0 0 0 11 unknown
$900,000–$999,999 0 0 0 0 1 0 0 0 0 1 0.1 2 20
$1 Million–$1.9 Million 0 0 0 0 0 0 0 0 0 0 0 8 unknown
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 1 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 0 unknown
TOTALS 4 5 6 9 12 18 9 10 11 85 9.4 331 35.2

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does not
guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity in the
market. These figures are based upon actual closed transactions as reported through the above mentioned service.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.
 Quarterly Market Report

Residential Vacant Lots

with Restrictions from 0 to 3
Closed Lot/Land Sales
January – September, 2010
Transyl–
Buncombe Haywood Henderson Madison Polk rutherford NCMtnsMLS
PRICE vania
RANGE
2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009

$0–$100,000 94 78 54 41 44 56 8 14 3 3 47 31 29 34 316 270

$100,000–$200,000 13 19 2 4 11 10 0 1 0 1 4 1 5 1 36 37

$200,000–$300,000 7 9 1 0 1 1 0 0 0 0 2 0 2 1 11 12

$300,000–$400,000 1 4 0 0 0 0 0 0 0 0 0 0 0 0 3 4

$400,000–$500,000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1
2010 Totals

$500,000–$750,000 1 2 0 0 0 0 0 0 0 0 0 0 0 0 1 2

$750,000–$1,000,000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0

$1 Million+ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

TOTALS 117 113 57 45 56 67 8 15 3 4 53 32 36 36 369 326

Percentage Change +3.5% +26.7% –16.4% –46.7% –25% +65.6% 0% +13.2%

Residential Active Lot/Land Inventory 0–3 Acres

As of 10/01/10
ruther-
PRICE RANGE Buncombe Haywood Henderson Madison Polk Transylvania NCMtnsMLS
ford

$0–$100,000 890 927 651 211 89 496 452 4069

$100,000–$200,000 317 275 315 34 11 86 158 1269

$200,000–$300,000 131 44 51 7 5 18 51 325

$300,000–$400,000 73 10 11 1 2 10 34 153

$400,000–$500,000 18 0 0 0 0 4 21 50

$500,000–$750,000 32 0 3 0 0 4 10 55

$7500,000–$1,000,000
2010 Totals

17 0 0 0 0 3 1 21

$1 Million+ 8 0 0 0 0 2 9 19

TOTALS 1486 1256 1031 253 107 623 736 5961

Totals as of 7/01/10 1523 1188 984 226 141 598 766 5833

Percentage Change –2.4% +5.7% +4.8% +11.9% –24.1% +4.2% –3.9% +2.2%

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does
not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity
in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
Sold Properties
Properties Sold Year to Date 2010
by the Top 5 WNC Real Estate Firms
Property Types: residential, improved and unimproved

$377,257,379

Closed Sales Volume

$246,233,429

$64,529,044 $61,746,403
$46,426,821
Keller
Williams ReMax
Professionals Prudential Mountain Century 21
Asheville Lifestyles Realty Mtn Lifestyle

NOTE: Information as reported by the North Carolina Mountains Multiple Listing Service. The North Carolina Mountains Multiple Listing Service does
not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real estate activity
in the market. These figures are based upon actual closed transactions as reported through the above mentioned service.
 Quarterly Market Report

Second Quarter Snapshot

12 Mo. Closed Residential Sales Unit Comparison
600
2nd Tax Credit Expiration

500

400

300 2008
2009
2010
200

100

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Percentage of 3rd Quarter Closed Residential Sales by Price

4%
15%

79%
$0-$299,999
$300,000-$499,999
$500,000-$999,999
$1,000,000+

*These totals and averages include all sales reported through the North Carolina Mountains Multiple Listing Service

Note: Information as reported by the North Carolina Mountains Listing Service. The North Carolina Mountains Listing Service does
not guarantee or is in any way responsible for its accuracy. Data maintained by the Multiple Listing Service may not reflect all real
estate activity in the market. These figures are based upon actual closed transactions as reported through the above mentioned
service.
 Where the

&
has true meaning.

Western North Carolina’s full service real estate company

& Mortgage services & Commercial real estate brokerage

& Title insurance & Planned community marketing
& Relocation services & So much more...

beverly-hanks.com
(866) 858-2257
300 Executive Park
Asheville, NC 28801

3rd Quarter 2010

Market Report

www.beverly-hanks.com