As the Black Mountain real estate market has improved dramatically over the last couple of years, the upper end ($600,000 and up) has stayed relatively flat. But it seems that 2018 might be a turning point.
As of today (May 17, 2018), there have been 4 closed sales in Black Mountain over $600k year-to-date. Last year, the numbers were the same through May 17. But in 2017, just as the selling season was really getting started, that’s when things slowed down in the upper price ranges. From May 18 until July 31, only one more home sold over $600,000 in Black Mountain.