The real estate market in Asheville and Buncombe County ended 2019 with low inventory that is being outpaced by the demand, a trend we’ve been seeing for awhile now. Inventory levels in Asheville are under six months in every price point below one million dollars while Buncombe County inventory levels are below six months below […]
The first quarter of 2018 is in the books and the Asheville & Buncombe county real estate market continues to appreciate. Compared to the same period in 2017, Asheville closed sales declined over seven percent, but it may be attributed to rough weather in the early part of the quarter since pending sales are up […]
What a great year for DixonPacifica Real Estate and the WNC housing market! Our market built upon a strong 2016 and we continued to see improvements in median sales price and price per square foot. We’ve rebounded well above pre-crash levels. In Asheville, the median sales price rose to $290,000, a 7.4% improvement over 2016. […]
Every market is unique, yet the national sentiment has given rise to the notion that housing markets are stalling. Although interested buyers are out on an increasing number of showings, there remains a limited number of desirable listings. And although mortgage rates have remained enticingly low, home prices have reached unaffordable levels for many new […]
Days on the market shrunk significantly from May to June, as is traditional in our market, with the change in average price continuing to show double digit growth over last year. Despite a large number of sales, more inventory has come to the market, as we predicted, giving us a slightly larger supply of homes […]
January saw predictably steady market growth with a slight increase in average list to sales price as well as a slight decrease in months of inventory. However, there was a significant uptick this month in change in average price. This reflects the greater volume of homes sold in a higher price bracket than in previous […]