Market Research Center (Beta)

Trends, Reports, and More

Portrait of Neal Hanks

Neal Hanks, Jr.
President

Welcome to Western North Carolina

At our core is the belief that it is our responsibility to ensure you are both well informed and prepared to make confident real estate decisions. We embrace that belief and have published our. Quarterly Market Report (QMR) since 2005 as a tool to help you.

Each year we strive to improve our QMR in order to deepen its analysis and make it easier to understand. You’ll now find even more detailed information by county and price range. At first glance this increase may appear overwhelming. Begin by first focusing on a particular price range and then comparing the information against the county’s supply, pace and closing trends.

If you’re reading this report in its printed form and desire additional information on Madison, Rutherford, Polk and/or Transylvania go to beverly-hanks.com/reports and you’ll find detailed analysis on those counties. Of course nothing can substitute for hands-on, professional experience. If you’d like assistance using the report, our associates are uniquely prepared.

To have the Quarterly Reports emailed directly to you, simply enter your email in the subscribe box and click subscribe. Click here to search thousands of properties for sale throughout Western North Carolina.

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Market Research Center

Access the same tools our agents use to analyze home prices, marketing time, and consumer preferences neighborhood by neighborhood.

Login or register to activate your search.

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The scatter diagram plots price (along the horizontal axis) and square footage (along the vertical axis), the pattern of the resulting points reveals any correlation present between the price and the size of the home. When enough correctly selected closed sales are present a linear regression can be calculated providing insight for properly pricing a property. This graph is only useful when similar properties are considered. For assistance identifying similar properties and determining if a correlation does exist, please contact your agent or customer service.

This line graph monitors the average amount of time it takes to market and close on a property. This is useful for monitoring whether a market is accelerating or decelerating. Since it is calculated from closed properties it is useful as a trailing indicator. For assistance predicting the future direction of the market based on active properties, please contact your agent or customer service.

In neighborhoods where properties closely resemble one another, tracking price per square foot over time can provide some basic pricing insight. It’s important to only use this graph in neighborhoods with properties of similar age, condition, and size. For help determining if price per square foot is appropriate, please contact your agent or customer service for more assistance.

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This pie chart considers the distribution of sales across all of the price brackets during a specific time period and area. The chart is useful for quickly analyzing which price categories are most commonly sold and when multiple pie charts are considered for spotting consumer preferences across different geographies.

Information throughout these charts are represented as reported by the North Carolina Multiple Listing Service, which does not guarantee or is in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.

Compare in 3 easy steps

There are many ways to compare and research real estate. At www.beverly-hanks.com, we want to take your experience beyond search and make it easier for you to be confident when making real estate decisions. Our focus remains the same, provide a powerful search tool that provides access to Western North Carolina’s Real Estate inventory. Of course, nothing can substitue hands-on, professional experience. If you’d like assistance using any of these tools, our associates are uniquely prepared.

Step 1. Sign in or Register for your free Beverly-Hanks & Associates My Account

Step 2. Use any our search to find real estate, once you find what you are looking for, simply click the center icon to select the property you want to compare.

Step 3. Now that you have your selectionts, click Compare - Ready to begin your research?

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Research Properties

Once you are logged into your Beverly-Hanks & Associates My Account, you will gain access to tools that have been built with you in mind. We hope you will find this resource beneficial in your next real estate transaction. We will always offer personal guidance, but feel free to look around. Anytime you see the research center simply click on it and you will be presented with information to assist your decision making. Find your Property How to research properties ^ Top

Research Communities

To research one of our many communities, simply visit our Communities section and click on the community you would like to research. We start with a glance of the community, a quick overview of what the community has to offier. Our community profiles are filled with information about the community history, amenities, and lifestyle. As with properties, you will notice the research center simply click on it to further research your community.

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