I am doing a different format for the Real Estate Update. Unless there is a major change in the market the updates will be for the last month of each quarter. Sime most people don't read the entire blog, I am going to use graphs to highlight the information. Let me know if you like this better or if you prefer the more detailed [...]
Oct. 2022 real estate market update is similar to the past few months. Still, a low housing supply, and prices are climbing. I decided to focus on Barnardsville to see what was happening about 45 minutes from downtown Asheville. Typically, Barnardsville doesn’t have many listings per month. Last year it only had 1 new listing in Oct.
This update will be quick. The stats are starting to sound like a broken record. Prices continue to climb, inventory is very low. Asheville housing market is super hot.
This information is based on statics from our local MLS. The information is calculated from the past month so we will always be talking about the previous month’s [...]
It is time for our monthly real estate update. This information is based on statics from our local MLS. The information is calculated from the past month so we will always be talking about the previous month’s [...]
Solar panels can make a home more attractive to a particular set of buyers and help get an offer sooner and perhaps at a higher percentage of the list price.
According to a Zillow 2019 study
However, it is important that you don’t [...]
Wow! Prices are still going up! So are the interest rates! What does that mean for our local real estate market?
THE GREATER ASHEVILLE REGION (Includes Buncombe, Burke, Haywood, Henderson, Jackson, Madison, McDowell, Mitchell, Polk, Rutherford, Swain, Transylvania and Yancey Counties)
New listings to went up to 1303, that's a fairly big [...]
THE GREATER ASHEVILLE REGION/FEB 2022
There was an increase in listings for the Asheville region at 888. Pending also increased to 1,003. We closed 749 and the median home price for the Asheville region increased in one month to $355K. That's right on target with the medium home price across the nation. The average price also increased to [...]
If you've been watching our YouTube channel or reading the blog on a regular basis you know I like to do month-to-month to see what's going on because things change so quickly. Remember, we look at the previous month. We have our January statistics in and I am comparing January 2022 to January [...]
For the year 2021 I have been reviewing the changes from month to month. For the month of Dec. 21 on average the number of listings and pending sales were down just a little. This is typical for the holidays as some people don’t want to list their home during Christmas. The difference was that even during this time the closed sales price [...]
It is starting to sound like a broken record for our real estate market. Low inventory, higher prices, fast cash deals. The housing market continues to have less than two months supply, therefore keeping prices in a seller market. Closings may slow a little during the holidays but prices probably will not drop. If you are a buyer either [...]
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