The Highlands-Cashiers home sales market is unique. A large majority of the homes are second homes. Situated in the cool North Carolina mountains, within 2 or 3 hours of several major metropolitan cities such as Atlanta, GA, Charlotte, NC, Birmingham, AL, the area is highly attractive as a summer get-away.
Highlands-Cashiers Home Sales
Residential sales in 2020 were up 59% over 2019. The average sales price increased to $790,000.00 in 2020, up 16% over 2019. The median sales price in 2020 was $570,000.00 and the average sales price was $790,000.00 The inventory is very low, in the range of 235 homes on the market. Usually the inventory is about 1200 homes.
Condo/Townhome sales have been surging as well up 42% to 195 sales from 137 in 2019. Current inventory is 12 . The average sales price was $327,479.00 in 2020 compared to $288,880.00 in 2019.