Quarterly

Market
Report
3rd QUARTER
July–September, 2009

Prepared exclusively
for use by
Beverly-Hanks
& Associates

29100046 BevHanksQuarterly.indd 1 10/16/09 12:34 PM

 Your source for
the most up-to-date
real estate information

A personal message
from Owner & President
Neal Hanks, Jr.

I
am pleased to report the positive momentum
which began in the second quarter of this year has
continued locally and nationwide into the third quarter
of 2009. The statistics in the fourth quarter should show continued improvement over the prior year as
the fourth quarter of 2008 was one of the most difficult in recent history.
The statistical gain in unit sales is encouraging and confirms to us that we have reached the bottom
of the two year slide in gross sales numbers and are in fact now moving in a positive direction. This is
great news!
A thorough analysis of the statistics, however, reveals that the improvements experienced to date are
moderate and challenges still lie ahead. Numbers reported on the overall market tell two very different
stories. Sales in the lower price ranges, under 250 thousand dollars, are up nationwide  and inventory
in this price range has been depleted in many markets and is currently at almost normal levels here (6
months of inventory is considered a balanced market). Sales in the moderate to upper price ranges,
however, have continued to languish. In fact sales nationwide for price points above 250 thousand are
down, significantly. This is also the case for properties over 1 million dollars.
The data contained in this report clearly demonstrates the stark difference in sales and inventory
levels by price range. Pricing in the real estate business, like most others, is significantly impacted
by supply and demand. In the lower price points, with brisk sales and declining inventory, pricing has
stabilized and is in fact on an upward trajectory in many markets. Home sales in the upper tier remain
soft with abundant inventory that is moving at a much slower sales pace. As always, pricing is subject
to variables such as location, condition, neighborhood desirability, and stability etc. but the underlying
economic fundamentals cannot be ignored. In order to move property in today’s competitive
environment, it must be well priced, well positioned and aggressively marketed.
Many folks now recognized that now is in fact a great time to buy and are reentering the marketplace.
It remains a buyer’s market at present, but sellers who recognize this fact and position their properties
accordingly are having success in selling them. At Beverly-Hanks & Associates, our team of highly
trained professionals stands ready to assist you in making wise decisions whether buying or selling
real estate in this evolving marketplace.

Warm Regards

W. Neal Hanks, Jr.

29100046 BevHanksQuarterly.indd 2 10/16/09 12:34 PM

J U LY – S E P T E M B E R

Number of Homes Sold

COUNTY 2009 2008 % change

Buncombe 1,585 2,019 –21.5.%

Haywood 364 443 –17.8%
Year to Date 2009

Henderson 765 971 –21.2%

Madison 55 85 –35.3%
Polk 78 83 –6.0%
Rutherford 134 131 +2.3%
Transylvania 162 205 –21.0%

*TOTAL 3,143 3,937 –20%

Average Home Selling Price

COUNTY 2009 2008 % change

Buncombe $260,418 $276,560 –5.8%

Year to Date 2009

Haywood $209,012 $219,734 –4.9%

Henderson $212,589 $235,033 –9.5%
Madison $210,803 $229,300 –8.1%
Polk $182,038 $297,820 –38.9%
Rutherford $194,153 $227,928 –14.8%
Transylvania $276,443 $315,237 –12.3%

*AVERAGE $220,779 $257,373 –14.2%

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

29100046 BevHanksQuarterly.indd 3 10/16/09 12:34 PM

 Quarterly Market Report

Housing Supply vs. Demand

Western North Carolina Region
YTD
YTD 10/02/2009
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 21 19 22 25 26 25 34 25 219 24.3 140 5.8

$75,000–$149,999 42 61 87 88 79 102 110 124 110 803 89.2 1.395 15.6
$150,000–$199,999 46 55 88 66 73 95 123 97 92 735 81.7 1.320 16.2
$200,000–$249,999 37 38 53 53 71 62 78 70 69 531 59.0 1.230 20.8
$250,000–$299,999 15 25 27 27 25 51 52 40 40 302 33.6 1.164 34.6
$300,000–$349,999 13 11 22 14 23 33 26 29 23 194 21.6 671 31.1
$350,000–$399,999 10 14 19 11 18 25 1 20 26 164 18.2 727 39.9
$400,000–$449,999 10 12 9 8 9 16 17 9 21 111 12.3 365 29.7
$450,000–$499,999 7 8 9 6 6 7 11 4 6 65 7.2 399 55.4
$500,000–$549,999 3 5 3 4 8 5 4 7 7 46 5.1 205 40.2
$550,000–$599,999 2 3 2 1 3 7 3 1 2 24 2.7 271 100.4
2009 Totals

$600,000–$699,000 2 5 6 1 3 5 3 2 6 33 3.7 303 81.9

$700,000–$799,000 1 3 0 3 0 4 6 1 4 22 2.4 198 82.5
$800,000–$899,999 2 1 3 3 1 1 6 2 4 23 2.6 139 53.5
$900,000–$999,999 1 2 1 1 3 1 0 1 1 11 1.2 143 119.2
$1 Million–$1.9 Million 3 0 3 4 2 1 6 3 5 27 3.0 434 144.7
$2 Million–$2.9 Million 1 0 0 0 0 0 0 0 0 1 0.1 84 840
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 36 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 10 unknown
TOTALS 217 265 351 312 349 441 491 444 441 3,311 367.9 9,234 25.1

Buncombe County
YTD
YTD 7/08/2009
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 4 3 5 9 9 5 7 8 54 6.0 36 6
$75,000–$149,999 13 20 31 29 30 48 51 54 45 324 36.0 438 12.2
$150,000–$199,999 21 32 49 30 37 52 67 49 56 393 43.7 511 11.7
$200,000–$249,999 20 27 34 25 28 23 33 24 34 248 27.6 465 16.8
$250,000–$299,999 7 14 14 17 11 23 23 23 20 160 17.8 434 24.4
$300,000–$349,999 6 5 11 7 13 20 17 16 7 102 11.3 251 22.2
$350,000–$399,999 6 7 13 7 8 12 12 6 13 84 9.3 258 27.7
$400,000–$449,999 6 7 6 5 6 10 12 7 14 73 8.1 159 19.6
$450,000–$499,999 3 3 6 4 4 5 4 2 3 34 3.8 155 40.8
$500,000–$549,999 1 3 1 3 5 5 2 7 4 31 3.4 77 22.6
$550,000–$599,999 1 2 2 1 2 2 1 1 1 13 1.4 91 65
2009 Totals

$600,000–$699,000 2 3 5 1 1 3 1 1 3 20 2.2 93 42.3

$700,000–$799,000 1 3 0 1 0 3 5 0 2 15 1.7 80 47.1
$800,000–$899,999 2 1 2 2 0 1 4 0 2 14 1.6 58 36.2
$900,000–$999,999 1 2 1 1 2 1 0 0 1 9 1.0 61 61
$1 Million–$1.9 Million 2 0 3 4 1 1 2 1 4 18 2.0 212 106
$2 Million–$2.9 Million 1 0 0 0 0 0 0 0 0 1 0.1 28 280
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 18 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 3 unknown
TOTALS 97 133 184 142 157 218 236 198 217 1,585 176.1 3,428 19.5

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.
** Absorption Rate: The “projected” months it will take to absorb all of the listings in a particular price range.

29100046 BevHanksQuarterly.indd 4 10/16/09 12:34 PM

 Henderson County
YTD
YTD 10/02/2009
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 6 1 5 3 6 1 8 2 34 3.8 24 6.3

$75,000–$149,999 12 22 19 31 23 28 29 28 36 228 25.3 287 11.3
$150,000–$199,999 15 11 20 20 24 23 23 23 20 179 19.9 280 14.1
$200,000–$249,999 6 3 7 14 17 22 21 20 18 138 15.3 287 18.8
$250,000–$299,999 3 6 9 8 7 13 8 8 6 68 7.6 230 30.3
$300,000–$349,999 3 3 3 5 5 6 6 4 6 41 4.6 120 26.1
$350,000–$399,999 0 4 3 3 4 5 6 4 7 36 4.0 143 35.7
$400,000–$449,999 1 2 2 2 1 5 3 0 2 18 2.0 58 29
$450,000–$499,999 2 2 0 2 1 1 4 1 1 14 1.6 74 46.2
$500,000–$549,999 1 2 0 0 1 0 1 0 1 6 0.7 40 57.1
$550,000–$599,999 0 0 0 0 1 1 0 0 0 2 0.2 55 275
$600,000–$699,000 0 2 0 0 1 2 1 0 2 8 0.9 53 58.9

2009 Totals
$700,000–$799,000 0 0 0 1 0 1 0 0 0 2 0.2 34 170
$800,000–$899,999 0 0 0 0 0 0 1 1 0 2 0.2 26 130
$900,000–$999,999 0 0 0 0 0 0 0 1 0 0 0 17 unknown
$1 Million–$1.9 Million 1 0 0 0 0 0 0 1 0 2 0.2 40 200
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 9 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 4 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 2 unknown
TOTALS 46 63 62 91 87 113 104 99 101 769 85.4 1,783 20.9

Haywood County
YTD
YTD 10/02/2009
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 5 1 6 4 5 5 5 7 4 42 4.7 19 4.0

$75,000–$149,999 9 7 12 8 11 11 18 15 11 102 11.3 224 19.8
$150,000–$199,999 4 7 5 5 3 8 13 12 4 61 6.8 187 27.5
$200,000–$249,999 5 2 3 6 15 8 10 10 7 66 7.3 168 23
$250,000–$299,999 3 1 1 1 4 3 7 7 7 34 3.8 201 52.9
$300,000–$349,999 1 1 3 1 1 2 1 4 4 18 2.0 96 48
$350,000–$399,999 4 2 0 0 2 2 1 5 2 18 2.0 105 52.5
$400,000–$449,999 1 2 0 0 2 0 0 0 3 8 0.9 45 50
$450,000–$499,999 2 2 2 0 0 0 0 0 0 6 0.7 54 77.1
$500,000–$549,999 0 0 1 0 0 0 0 0 1 2 0.2 31 155
$550,000–$599,999 1 0 0 0 0 0 0 0 1 2 0.2 33 165
2009 Totals

$600,000–$699,000 0 0 0 0 0 0 1 0 0 1 0.1 42 420

$700,000–$799,000 0 0 0 0 0 0 1 0 0 1 0.1 22 220
$800,000–$899,999 0 0 0 0 0 0 0 0 0 0 0 16 unknown
$900,000–$999,999 0 0 0 0 1 0 0 0 0 1 0.1 20 200
$1 Million–$1.9 Million 0 0 0 0 1 0 2 0 0 3 0.3 34 113.3
$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 1 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 0 n/a
TOTALS 35 25 33 25 45 39 59 60 44 365 40.6 1,304 32.1

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.

29100046 BevHanksQuarterly.indd 5 10/16/09 12:34 PM

 Quarterly Market Report

Housing Supply vs. Demand

Rutherford County
YTD
YTD 10/02/2009
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 2 2 5 1 0 2 3 20 2.2 26 11.8

$75,000–$149,999 1 4 6 7 3 5 6 8 2 43 4.8 64 13.3
$150,000–$199,999 3 3 2 2 0 1 5 6 2 24 2.7 66 24.4
$200,000–$249,999 0 0 3 1 2 3 3 3 1 16 1.8 66 36.7
$250,000–$299,999 0 1 0 0 1 2 2 1 1 8 0.9 67 74.4
$300,000–$349,999 2 0 2 1 0 1 0 2 2 11 1.2 39 32.5
$350,000–$399,999 0 0 1 0 1 1 0 2 1 6 0.7 41 58.6
$400,000–$449,999 0 0 0 0 0 0 0 1 0 1 0.1 20 200
$450,000–$499,999 0 0 0 0 0 0 0 0 0 0 0 25 unknown
$500,000–$549,999 0 0 0 1 1 0 1 0 0 3 0.3 8 26.7
$550,000–$599,999 0 0 0 0 0 0 0 0 0 0 0 20 unknown
2009 Totals

$600,000–$699,000 0 0 0 0 0 0 0 0 0 0 0 17 unknown
$700,000–$799,000 0 0 0 0 0 0 0 0 0 0 0 13 unknown
$800,000–$899,999 0 0 0 0 1 0 0 0 0 1 0.1 6 60
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 9 unknown
$1 Million–$1.9 Million 0 0 0 0 0 0 1 0 0 1 0.1 16 160
$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 2 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 1 unknown
TOTALS 9 10 16 14 14 14 18 25 12 132 14.7 509 34.6

Polk County
YTD
YTD 10/02/2009
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 1 2 0 0 1 3 1 3 11 1.2 4 3.3

$75,000–$149,999 0 5 4 1 1 3 1 2 3 20 2.2 20 9.1
$150,000–$199,999 0 1 3 4 0 5 3 2 3 18 2.0 33 16.5
$200,000–$249,999 1 0 1 1 1 0 3 1 0 8 0.9 38 42.2
$250,000–$299,999 1 0 1 1 0 2 3 0 1 9 1.0 37 37.0
$300,000–$349,999 0 0 0 0 2 1 0 1 0 4 0.4 19 47.5
$350,000–$399,999 0 0 0 0 0 1 0 0 0 1 0.1 30 300
$400,000–$449,999 0 0 0 0 0 0 0 0 0 0 0 12 unknown
$450,000–$499,999 0 0 0 0 0 0 1 0 0 1 0.1 13 130
$500,000–$549,999 0 0 0 0 1 0 0 0 0 1 0.1 1 10
$550,000–$599,999 0 0 0 0 0 0 1 0 0 1 0.1 9 90
2009 Totals

$600,000–$699,000 0 0 0 0 0 0 0 0 0 0 0 14 unknown
$700,000–$799,000 0 0 0 0 0 0 0 0 0 0 0 6 unknown
$800,000–$899,999 0 0 0 0 0 0 0 0 0 0 0 5 unknown
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 7 unknown
$1 Million–$1.9 Million 0 0 0 0 0 0 0 0 0 0 0 28 unknown
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 12 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 2 7 11 7 5 13 15 8 10 78 8.7 290 33.3

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.

29100046 BevHanksQuarterly.indd 6 10/16/09 12:34 PM

 Transylvania County
YTD
YTD 10/02/2009
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 2 0 1 0 1 1 3 0 8 0.9 9 10
$75,000–$149,999 3 0 4 5 2 3 1 9 3 30 3.3 87 26.4
$150,000–$199,999 2 1 3 2 5 2 4 4 3 26 2.9 106 36.5
$200,000–$249,999 2 4 1 4 4 3 6 2 3 29 3.2 77 24.1
$250,000–$299,999 2 1 2 0 1 6 4 0 4 20 2.2 72 32.7
$300,000–$349,999 1 1 0 1 2 2 2 1 3 13 1.4 66 47.1
$350,000–$399,999 0 1 1 0 0 3 1 2 2 10 1.1 63 57.3
$400,000–$449,999 0 1 0 1 0 1 0 1 1 5 0.6 27 45
$450,000–$499,999 0 1 0 0 0 1 0 1 1 4 0.4 30 75
$500,000–$549,999 1 0 1 0 0 0 0 0 1 3 0.3 20 66.7
$550,000–$599,999 0 1 0 0 0 3 1 0 0 5 0.6 33 55

2009 Totals
$600,000–$699,000 0 0 0 0 0 0 0 1 1 2 0.2 41 205
$700,000–$799,000 0 0 0 0 0 0 0 1 2 3 0.3 18 60
$800,000–$899,999 0 0 0 1 0 0 0 0 2 3 0.3 16 53.3
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 14 unknown
$1 Million–$1.9 Million 0 0 0 0 0 0 0 0 1 1 0.1 51 510
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 16 unknown
$3 Million–$4.9 Million 0 0 0 0 0 0 0 0 0 0 0 6 unknown
$5 Million Plus 0 0 0 0 0 0 0 0 0 0 0 2 unknown
TOTALS 11 13 12 15 14 25 20 25 27 162 18 754 41.9

Madison County
YTD
YTD 10/02/2009
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 0 1 1 0 0 1 0 0 4 0.4 3 7.5

$75,000–$149,999 0 1 3 1 3 1 2 1 2 12 1.3 36 27.7
$150,000–$199,999 1 0 3 0 2 0 2 0 1 7 0.8 40 50
$200,000–$249,999 0 1 1 0 1 3 1 4 2 13 1.4 39 27.8
$250,000–$299,999 0 1 0 0 0 0 3 0 1 5 0.6 40 66.7
$300,000–$349,999 0 0 0 0 2 0 0 2 1 5 0.6 35 58.3
$350,000–$399,999 0 0 1 0 0 0 0 1 0 2 0.2 31 155
$400,000–$449,999 0 0 0 0 0 0 1 0 0 1 0.1 13 130
$450,000–$499,999 0 0 0 0 0 0 0 0 0 0 0 15 unknown
$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 0 0 0 0 0 0 16 unknown
2009 Totals

$600,000–$699,000 0 0 0 0 0 0 0 0 0 0 0 17 unknown
$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 0 0 0 0 0 2 unknown
$900,000–$999,999 0 0 0 0 0 0 0 0 0 0 0 4 unknown
$1 Million–$1.9 Million 0 0 0 0 0 0 1 0 0 0 0 16 unknown
$2 Million–$2.9 Million 0 0 0 0 0 0 0 0 0 0 0 2 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 n/a
TOTALS 3 3 9 2 8 4 11 7 7 43 4.8 332 69.2

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.

29100046 BevHanksQuarterly.indd 7 10/16/09 12:34 PM

 Quarterly Market Report

Residential Vacant Lots

with Restrictions from 0 to 3
Closed Lot/Land Sales
January–September , 2009
Transyl–
Buncombe Haywood Henderson Madison Polk rutherford NCMtnsMLS
PRICE vania
RANGE
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008 2009 2008

$0–$100,000 78 120 41 63 56 72 14 20 3 14 31 34 34 65 270 415

$100,000–$200,000 19 25 4 15 10 29 1 2 1 2 1 6 1 6 37 89
2009 Year to Date

$200,000–$300,000 9 23 0 9 1 8 0 2 0 0 0 0 1 0 12 44

$300,000–$400,000 4 3 0 0 0 8 0 0 0 1 0 0 0 0 4 15

$400,000–$500,000 1 4 0 0 0 0 0 0 0 0 0 0 0 0 1 6

$500,000–$750,000 2 2 0 0 0 0 0 0 0 0 0 0 0 0 2 3

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

$1 Million+ 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 2

TOTALS 113 179 45 87 67 117 15 24 4 17 32 41 36 71 326 575

Percentage Change –36.9% –48.3% –42.7% –37.5% –76.5% –22.0% –49.3% –43.3%

Residential Active Lot/Land Inventory 0–3 Acres

As of 10/06/09
ruther-
PRICE RANGE Buncombe Haywood Henderson Madison Polk Transylvania NCMtnsMLS
ford

$0–$100,000 867 983 670 226 178 621 532 4,453

$100,000–$200,000 477 505 398 84 68 157 240 2,020

$200,000–$300,000 212 109 86 36 33 50 96 660

$300,000–$400,000 146 43 22 5 28 34 40 342

2009 Year to Date

$400,000–$500,000 66 19 13 4 11 19 22 168

$500,000–$750,000 86 14 11 3 8 8 21 160

$7500,000–$1,000,000 35 12 4 1 1 5 11 71

$1 Million+ 38 12 7 1 2 9 20 98

TOTALS 1,927 1,697 1,211 360 319 903 982 7,972

Totals as of 07/10/09 1,631 1,310 1,062 227 257 838 734 6,467

Percentage Change 18.1% 29.5% 14.0% 58.6% 24.1% 7.8% 33.8% 23.3%

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.

29100046 BevHanksQuarterly.indd 8 10/16/09 12:34 PM

 Sold Properties
1%
$1,000,000+
Percentage of 5%
$500,000 - $999,999
Closed
Residential
Sales by Price

94.0%
Up to $499,999

$338,475,671

Properties Sold Year to Date 2009

by the Top 5 WNC Real Estate Firms
Property Types: residential, improved and unimproved

Closed Sales Volume

$189,354,651

$54,825,411 $54,079,641 $50,050,561

Keller Coldwell
Williams ReMax Banker
Professionals Prudential Mountain Kasey
Asheville Lifestyles Realty Associates

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.

29100046 BevHanksQuarterly.indd 9 10/16/09 12:34 PM

 Peace
of mind.

Beverly-Hanks & Associates is proud to offer a Job Loss

Protection Program. The program assists buyers who purchase a
Beverly-Hanks listing covered by Job Loss Protection in the event
of an involuntary job loss within the first 24 months of the home
loan. Job Loss Protection, available now at Beverly-Hanks &
Associates, gives sellers a way to differentiate their property and
gives homebuyers additional security in their purchase.

Get all the details on

Job Loss Protection at
beverly-hanks.com
m

29100046 BevHanksQuarterly.indd 10 10/16/09 12:34 PM

 NOW
is the time to refinance your home!

Don’t miss out on low mortgage rates - while they last!

Now Available - Best Rate in 46 Years

Monday, March 9th, 2009

6:30 - 7:30 pm Historic Rates!
Double Tree Hotel, Biltmore Village

Copyright © 2009 Mortgage-X.com. Source: www.mortgage-x.com. Reprinted with permission. The National Average Contract Mortgage Rate is derived
from the Federal Housing Finance Board’s Monthly Interest Rate Survey (MIRS) and is reported by the FHFB on a monthly basis.

Cameron Lewis Doug Bebber For additional information, please give

Direct: 828-258-1945 Direct: 828-210-2979 one of our mortgage loan officers a call.
clewis@beverly-hanks.com dbebber@beverly-hanks.com

Michael Phelan Lisa Hart

Direct: 828-654-6402 Direct: 828-674-4242
michael_phelan@beverly-hanks.com lisahart@beverly-hanks.com

29100046 BevHanksQuarterly.indd 11 10/16/09 12:34 PM

 300 Executive Park
Asheville, NC 28801
www.beverly-hanks.com
29100046 BevHanksQuarterly.indd 12
3rd Quarter 2009
Market Report
Downtown Asheville 828-254-7221
South Asheville 828-684-8999
Hendersonville 828-697-0515
North Asheville 828-251-1800
Weaverville 828-658-9500
Waynesville 828-452-5809
Biltmore Park 828-684-9020
Lake Lure 828-625-8846
10/16/09 12:34 PM