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Banner Elk Home Values and Market Report

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Report prepared by ashevilleluxurybrokers.com

Market at a glance

Over the last 12 months, homes sold for 93.5% of list price in 118 days on average.

Average price, last 12 months

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

List · $542K Sold · $516K
$2.5M$1.8M$1.1M$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Oct. Last month: 10.

Where the market stands

All homes in this report, by status.

83homes
Active40 · 48%
Under contract1 · 1%
Sold (12 mo)42 · 51%

Buyer's or seller's market?

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

8.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.42M
Under contract$500K
Sold$736K

Average days on market

Active202 days
Under contract49 days
Sold118 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 40
Average list price $1,416,442
Avg. days on market 202 days
Avg. price per ft² $523 Based on 27 of 40 homes
Avg. living area 3,029 ft² Based on 27 of 40 homes
Avg. beds / baths 3.3 / 3.9

Price vs. living area

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

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

$9M$6M$3M$0

Price vs. living area: 27 homes plotted, up to $9M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

2910 Eagles Nest Trail$1,449
217 Sunrise Vista Lane$913
294 Silver Eagle Trail$793
270 Osprey Drive$788
92 White Eagle Trail$775
TBD White Eagle Trail$669
6 Valley Watch Court$602

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Lot 1 South View Trail Unit #1Banner Elk, NC 28604 ———$35,000—33 days
39 Skycamp TrailBanner Elk, NC 28604 ———$129,000—34 days
190 Camelot DriveBanner Elk, NC 28604 321,235$550,000$44542 days
26 Pinetop Circle Unit #BBanner Elk, NC 28604 21798$259,000$32449 days
4968 Hickory Nut Gap RoadBanner Elk, NC 28604 364,253$1,200,000$28250 days
351 Silver Springs Drive Unit #BBanner Elk, NC 28604 231,911$580,000$30353 days
Lot G-61 American Eagle TrailBanner Elk, NC 28604 ———$1,195,000—56 days
659 Clubhouse Drive Unit #D2Banner Elk, NC 28604 231,654$950,000$57457 days
TBD Galax Lane Unit #45Banner Elk, NC 28604 ———$149,900—57 days
30 Creekside Drive Unit #ABanner Elk, NC 28604 11520$199,000$382133 days
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