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Blog :: 09-2025

Discover Your Dream Home in Asheville with Preferred Properties of Asheville. Search Asheville and Western North Carolina listings, updated by the minute.

Home Value and List Price

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Home Value (also referred to as Market Value)

Definition:
The value of a home is the amount a property is actually worth in the current market. This value is determined based on several factors, such as:

Comparable Sales (Comps): The sale prices of similar homes nearby that were recently sold.

Location: How desirable the home’s neighborhood is, its proximity to schools, work, public transportation, and amenities like parks or shopping [...]

August 2025 Asheville Housing Market Snapshot

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At Preferred Properties of Asheville, we’re keeping a close eye on the market so you don’t have to. Here’s a quick look at the August housing market statistics:

📍 City of Asheville

Average Sales Price: $717,661

Average List Price: $717,730

Closed Sales: 150

Pending Sales: 173

Days on Market (until sale): 73

Inventory of Homes for Sale: 899

📍 Buncombe County

Average Sales Price: $644,648

Average List Price: $689,267

Closed Sales: 287

Pending Sales: 314

Days on Market (until sale): 67

Inventory of Homes for Sale: 1,684

📍 Asheville Region

(Includes Buncombe, Burke, Haywood, Henderson, Jackson, Madison, McDowell, Mitchell, Polk, Rutherford, Swain, Transylvania, and Yancey Counties)

Average Sales Price: $561,656

Average List Price: $620,117

Closed Sales: 885

Pending Sales: 1,005

Days on Market (until sale): 63

Inventory of Homes for Sale: 4,999

🔎 What it means: Inventory is up across the board, giving buyers more options. Prices have softened slightly in Asheville and Buncombe, but remain steady in the broader region. Sellers should be prepared for longer days on market, while buyers may find more negotiating power.

💬 Thinking about making a move? Call our agents on duty today!

www.preferredprop.com

828-258-2953

#AshevilleRealEstate #MarketUpdate #BuncombeCountyHomes #AshevilleHomes #RealEstateMarket #asheville #ashevillenc

25 Liner Court, Waynesville, NC

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✨ PRICE IMPROVEMENT – Now $199,500! 
($25,000 reduction!)
📍 25 Liner Ct, Waynesville, NC
🏡 2 Bedrooms | 1 Bath | 740 Sqft | 0.07 Acres
MLS4276868
Totally renovated and move-in ready! This charming Waynesville home features:
✔️ New roof + low-maintenance vinyl exterior
✔️ Central AC/heat pump (2018)
✔️ Kitchen appliances (2018) + washer/dryer [...]

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