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Sapphire Market Report

$433,587

AVERAGE PRICE OF 3,465 HOMES

$1,871,155

AVERAGE PRICE OF 246 MULTI-MILLION DOLLAR HOMES

$1,965,908

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$235,353

AVERAGE PRICE OF 105 DISTRESSED HOMES

$829,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $433,587
Avg Bedrooms 1.64 beds
Avg Bathrooms 1.75 baths

Average Price by Bedrooms

1 bedroom $157,115
2 bedrooms $361,329
3 bedrooms $688,452
4 bedrooms $1,280,918
5 bedrooms $1,649,603
Sapphire Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 2,871 309 277 260 244
Average Price $460,347 $549,777 $559,774 $573,778 $588,773
Avg Price Change -19.43% -1.82% -2.50% -2.61% -2.49%
Median Price $320,547 $359,340 $349,884 $346,741 $342,725
Med Price Change -12.10% +2.70% +0.91% +1.17% +6.02%
Avg Bedrooms 1.63 beds 1.38 beds 1.35 beds 1.22 beds 1.15 beds
Avg Bathrooms 1.7 baths 1.44 baths 1.43 baths 1.3 baths 1.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Blue Ridge 4 $462,875 104 days
Rosman 14 $588,857 146 days
Smokey Mountain 1 $169,900 93 days
Smoky Mountain 1 $20,000 277 days
Unspecified 29 $563,603 199 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,465 $433,587 106 days
Multi-Million Dollar Homes 246 $1,871,155 91 days
Newly Built Homes 40 $1,965,908 137 days
Distressed Homes 105 $235,353 28 days
Reduced Price Homes 1 $829,900 243 days

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Allen Tate/Pat Allen Realty
Kelly Ramsay
295 Dillard Road
Highlands, NC 28741
828-556-1252

Based on information submitted to the MLS GRID as of 6/5/2023 12:51 PM CST. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
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