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2018 has been a great year for Pinnacle Sotheby’s International Realty. We have added three exceptional new agents – Wes and Cathy Cleary of TEAM CLEARY who had the company’s highest listing that resulted in the highest sale of the year and Alan Rieger, who sold his first home with the company less than a month after signing on.

We ended the year with a 35% increase from 2017 and finished with over $22 Million in our Volume Sales!

Our company listed 81 properties and sold 56 in 2018.

We have expanded our geographic interest by adding Lake James and Lake Lanier to our waterfront focus and also have agents licensed in South Carolina.


STATISTICS

Pinnacle SIR Stats 

Thomas McKay

Top Sale-$1,442,500

Average Sold Price-$818,000

Michael Holden & Kevin Swerdlin

Top Sale-$1,299,000

Average Sold Price-$448,744

TEAM CLEARY-Wes & Cathy Cleary

Top Sale-$1,442,500

Average Sold Price-$545,833

Alan Rieger 

Top Sale-$1,000,000

Average Sold Price-$459,850


MLS Stats

Lake Lure 

Average List Price-$495,909

Average Sold Price-$363,048

Total Homes Sold-132

Average DOM-135

Rumbling Bald Resort

Average List Price-$453,806

Average Sold Price-$349,247

Total Homes Sold-39

Average DOM-197

Lake Adger

Average List Price-$558,160

Average Sold Price-$514,225

Total Homes Sold-23

Average DOM-91

Tryon

Average List Price-$518,283

Average Sold Price-$342,967

Total Homes Sold-117

Average DOM-102


 

2018 Significant Sales

255 Deerwood Drive Lake Lure, NC 28746 Sold at $1,442,500

139 Storm Ridge Lake Lure, NC 28746      Sold at $1,400,000

111 & 212 Fiddlehead Ln. Zirconia, NC 28790 Sold at $1,299,000

MARKETING 

When your home is represented by the Sotheby’s International Realty® brand it benefits from the worldwide recognition and prestige of the Sotheby’s name and gains exclusive access to highly qualified global clientele.

For those looking to sell their luxury estates, our experienced associates are equipped with the marketing tools needed to ensure your property is presented to a global audience of qualified and interested buyers. Our luxury real estate marketing is designed to give you the competitive edge by increasing interest in your property and engaging our audience both online and off. The Sotheby’s International Realty network acts exclusively on behalf of our client’s individual needs and offer the utmost discretion when helping market and sell your estate.

When a listing is marketed through the Sotheby’s International Realty network it immediately begins a journey to worldwide exposure!


 

 

131 Jonadel Court Lake Lure, NC $329,000 MLS#3194912

A GOLFER’S DREAM!!!

A golfer’s paradise awaits in this incredible home on the 17th green in Apple Valley Golf Course. The private wooded setting opens to the lush greens awaiting your hole in one!

Inside you will find the kitchen has a gourmet layout with lots of cabinets, a butcher block island and built-in gas grill. Professional appliances can be easily added for a more updated style.  A private hot tub just off of the master bath completes the dream of a golfer’s retreat. Who could ask for a better deal? Affordable, well-built and unique! This home is also part of Rumbling Bald Resort. 

231 Tatanka Trail Lake Lure, NC $1,100,000 MLS# 558419

                                                                WHAT A VIEW!!                                               This inspiring home built high above the trees has gorgeous panoramic views as far as the eye can see. Home has impeccable detail including large stone fireplace, a masterful open floor plan and guest suite. Tatanka is Lake Lure’s hidden gem in the mountains with some of the best homes and sites around!

Did anyone guess this location? If you said Buffalo Creek Road you’re correct!! If you are driving towards the resort from Bald Mountain Lake this is the shot. Some of the terrain has changed and the road is now paved, but the photos are still very similar. 

 Long ago……well maybe not that long ago roads were made of dirt!! Can you guess where this picture was taken?

Overall, the 4th quarter of real estate sales in Western North Carolina continued the trend of a slightly improving market; especially in the more affluent areas of Asheville and Hendersonville.

The Grove Park area, along with Beaver Lake and Reynolds Mountain show 27% increase in sales price and a 22% increase in units sold.

South Asheville including Biltmore Forest, The Ramble, and Biltmore Park also posted a higher 4th quarter compared to 2013, as did both Champion Hills and Kenmure in Henderson County.

Lake Lure again showed a decrease in overall sales despite the second highest sale on the Lake happening in December.  Thankfully, activity has returned to Rumbling Bald Resort, which didn’t record a single sale last quarter and is only slightly down from the 2013 4th quarter.

Click here to read the full report.