The first quarter of 2020 has been eventful! We’re experiencing a global pandemic, ups and downs in the stock market, job insecurity, and a new way of living all within the first three months of the year! It will take time to see the long-term effects COVID-19 will have on the Asheville real estate market, […]
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 […]
The market trends we saw in December strongly reflect the larger market trends for our area. While there were fewer new listings and closed sales overall, the sharp increase in median sales price in Buncombe County as well as the significant decrease in month supply of homes in Asheville and Buncombe County indicates that the […]
November is typically the slowest month of the year in the real estate industry. Clients find it challenging to make time for house hunting and keeping the home they’re selling pristine for showings during the holiday season. Because there are fewer sellers in the market, the months supply of homes is at the lowest it’s […]
As you can see below, Price ranges up to $300,000 are at or near market balance between buyers and sellers! It has been a while since we have said that. You will also notice that home values have been improving over the last year with a 12% improvement in Buncombe County and a 3.4% improvement […]
Homes priced under $200,000 are seeing market balance for the first time in many years. There is still a glut of inventory over $300,000 but you have seen an 11% quarter over quarter reduction in homes for sale.
August 7, 2013 Madison County Market Stats Through August 1, 2013 Click graph for larger view.
Madison County Residential Unit Sales: Madison County Residential Months of inventory: Madison County Average Sales Price:
By Mukunda Pacifici 10-24-12 Buncombe County: Henderson County: Haywood County: