stay home stay safe real estate investing for sale buy Asheville NC real estate market in Asheville NC, weekly real estate update

WEEKLY MARKET UPDATE LAST WEEK OF APRIL 2020

I am comparing this week to last week stats for Buncombe County single family homes.  Buncombe Co. still has the #stayathome order in place.  This means that no one from outside our area is able to physically see houses.  If someone does come into Buncombe Co. then they need to stay in quarantine for 14 days.  This limits the number of buyers, so for this week the numbers we see should be local people buying and selling. Our Youtube channel also has weekly updates. 

BUNCOMBE CO

THIS WEEK Ap 24-May compared to LAST WEEK Ap 16-23

NEW LISTINGS 69

NEW LISTINGS 62

UNDER CONTRACT 84

UNDER CONTRACT 85

CLOSED 42

CLOSED 47

WITHDRAWN 23

WITHDRAWN 27

 As you can see we stayed on track from week to week.  The biggest difference is that the medium home price is moving up to the low $400,000.  We have a housing supply shortage in Buncombe Co. This will continue for at least the next year.  I expect home prices to continue to climb and by the end of summer that the the average sold price will be in the $400,000.

So if you are local and ready and able to buy then it is best to do so now. If you are planning on selling soon, then your house needs to be in the very best possible condition to get top dollar. 

If you have questions, comments, or would like to buy or sale, please contact me at mary@lovethegreen.org