real estate market in Asheville NC

Real Estate Market Update for Asheville Region July 2021

The real estate market follows trends. Typically, there is an upcycle where it is a seller’s market, due to low inventory, good interest rates and a strong economy. This is usually followed by a down turn, a buyer’s market, where inflation starts to climb, higher interest rates, and homes staying on the market for a long time.   While these [...]

MARKET UPDATE REVIEWING FEB 2021 STATS

The stats for Feb. 2021 are now available.  This month we will be using my new chart.  Be sure to subscribe to our YouTube channel to receive monthly notifications about our updates.  For those of you who like numbers and stats, please view Asheville Region Update Feb 2021

If you would like even more stats please subscribe to our blog and make a request in the comment [...]

WEEKLY MARKET UPDATE ASHEVILLE REGION MARCH 8 2020

 We are all adjusting to the demands and uncertainty of Covid 19.  At this moment the best we can do is live one day at a time and be kind to everyone.   I am a stat junkie. I like to review past trends to predict future ones.  However, since there has never been anything in our lifetime like this, looking at the past data is mainly for [...]

REAL ESTATE MARKET UPDATE ASHEVILLE AREA FEB 2022

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 [...]

REAL ESTATE MARKET APRIL REPORT

We have been looking week to week concerning our local real estate market. Now it is time for the more comprehensive update.  The data is collected from our local Canopy MLS.  Now that the Covid 19 crisis has had a full month run in real estate it is important to examine our Greater Asheville region, which includes Burke, Buncombe, Haywood, [...]

REAL ESTATE MARKET UPDATE ASHEVILLE AREA MAY 2022

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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 [...]