North Carolina Mountain Bargains at High End

        Our real estate contacts in the Brevard, NC, area, The Clay Team (Carol & Bob Clay), just published their newsletter for December, and hiding amidst the market data seems an opportunity for those looking for a mountain home that is lofty in more ways than one.
        The Clays shared a chart showing November sales in their neck of the woods, and in terms of homes on the market, the most available are in the $600,000 and up range, where 137 homes and condos are listed for sale. The second most robust category is from $150,000 to $249,999 where 126 homes are currently listed. Allowing for the fact that the $600,000+ category extends to infinity, nevertheless 137 homes in an area where only 53 are on the market in the $450,000 to $600,000 range is still a lot.
        When there is too much of a good thing, in this case luxury mountain homes, that breeds price competition and a buyer’s market on the high end, a fact that seems borne out by a quick scan of homes currently listed for sale at The Clay Team’s web site. Below is an idea of the view from the rear deck of a home called The Trace just 15 minutes from Brevard and 45 minutes from Asheville. The Tuscan-style home sits on 27 acres of property and features long-range mountain and pasture views; as an extra bonus, the property includes 500 feet along the French Broad River. The home and property are priced just under $1 million.
        If you would like more information on this property or any others in the Brevard area, please contact me and I will put you in touch with the Clays.
Photo courtesy of The Clay Team, Brevard, NC

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