Real Estate Market Statistics for Western North Carolina

Link to page with an overview of different market statistics shown in graphs

Please note that figures are given as examples only, are approximate and should not be relied upon. Please remember that most of the comparisons and the headlines in this area are comparing to 2007 - a bumper year! This fact is often not mentioned.

Absorption rates for Asheville NC

Home sales 100-200 in Buncombe County

Home sales 600-1million Buncombe County

This table shows the number of single family homes sold in Asheville NC. The numbers shown on this first table are for all counties reported on the Asheville MLS. It's clear from these numbers that the majority of homes sold in Asheville are sold at under $300,000.

This table shows number of homes sold by type - number of Asheville single family homes sold, number of Asheville Condos sold, and number of Asheville townhomes sold, along with percentage change in terms of volume for each year. The numbers shown on this first table are for all counties reported on the Asheville MLS.

1. Inventory Vs Median Listing Price

Inventory vs median listing price in Asheville/Black Mountain Click Here

Inventory vs median listing price in Asheville/Hendersonville Click Here

Inventory vs median listing price in Asheville/Weaverville Click Here

2. Sales Trends from the MLS for all areas covered in Western North Carolina

• Document to download showing detailed breakdown of all price categories:
2008 Year to current month available Click Here

3. Overview report across the Western North Carolina MLS region

This data is pulled from all the counties on the WNC MLS - please be aware that some areas act differently. Western North Carolina consists of diverse gerography and size of towns, and many counties. You can look at the full statistics across price ranges by downloading the tables available at (2) above.

• Activity drops off sharply at the $500,000 ceiling
• Homes over $800,000 are selling in very small numbers, averaging 1 or 2 per month across all of Western North Carolina.
• Mortgage rates are still historically low, and buyers have a wide choice of homes from which to choose. Sellers are becoming more realistic with prices and sometimes offering bonuses, such as condo fees paid, buyer's closing costs paid and selling agent bonuses.

Trulia Market Statistics data - remember that Trulia collects data from listings that are entered there, which is not as accurate as our MLS, however still interesting

trulia market statistics for Asheville NC

Asheville Recently Sold Homes

Asheville Recently Sold Homes

Asheville Homes For Sale