Big Canoe Market Trends – September Update

As we move into fall, the Big Canoe real estate market is showing signs of renewed energy. Nationally, mortgage rates have eased to their lowest levels in months, and locally, we’re seeing more listings come online and buyers continuing to stay active. Here’s a closer look at what’s happening in our community right now.

Current Market Snapshot

Here’s where the market stands today compared to the prior week:

• Active Listings: 93

• Coming Soon: 3

• Under Contract: 24

• Sold in August: 14

What’s Driving the Numbers

• Contract Fallout: This past week, three homes that were under contract came back to the market. In most cases, this is due to inspections, appraisal gaps, or buyer hesitation—not necessarily a problem with the home itself.

• Seasonal Momentum: Fall is historically one of the strongest buying seasons in Big Canoe, as out-of-town visitors are drawn to the mountains during peak foliage. Sellers who list now are often motivated to close before the holidays.

Additional Insights

To give you a broader picture of what’s happening:

• Median Sales Price: $598,000 (-1.5% YoY)

• Average Days on Market: 67 (+31.4% YoY)

• List-to-Sale Price Ratio: 95% (-1.1% YoY)

Together, these numbers show a market that has balanced while still offering opportunities for sellers.

Looking Ahead

With rates easing and motivated sellers entering the market, we expect steady buyer demand through the fall. If you’re considering a move, now is the time to be prepared: sellers should focus on presenting their homes at their best, while buyers can take advantage of increased inventory and improved financing options.

Margot Weatherford
Local. Trusted. Proven.
margot@sellwithmargot | 678-807-4433
www.RealEstateintheGate.com