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Blog :: 2025

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

Why an Effective Real Estate Agent Matters More Than Ever

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Why an Effective Asheville Real Estate Agent Matters More Than Ever

According to the National Association of REALTORS® Profile of Home Buyers and Sellers, today’s consumers consistently rank one factor above all others when choosing a real estate professional: effectiveness. In an increasingly complex market, buyers and sellers are looking [...]

November 2025 housing market statistics

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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 November 2025 housing market statistics:
 Percentage change is year-over-year from 2024.
As we move toward year-end, all three market areas are showing similar trends: higher inventory, longer days on market, and [...]

October 2025 Asheville Housing Market

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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 October 2025 housing market statistics:
📈 Percentage change is year-over-year from 2024.
📍 City of Asheville
Average Sales Price: $572,007 ⬇️ 8.3%
Average List Price: $755,481 ⬆️ 15.2%
Closed Sales: 192 ⬆️ [...]

September 2025 Asheville Housing Market

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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 September 2025 housing market statistics:

Percentage change is YOY from 2024.

City of Asheville

Average Sales Price: $604,038 17.3%

Average List Price: $745,270 3.3%

Closed Sales: 138 0.7%

Pending Sales: 186 87.9%

Days on Market: 72 [...]

October Top Producers

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Congratulations to our October 2025 Peak Performers!

We’re proud to celebrate the outstanding accomplishments of our top agents this month:

Top Producer – Grady Bradshaw, 828-455-9630

Top Listing Agent – Sandy Lindsey, 828-230-5816

Top Buyer Agent – Ann Clark, 828-712-0033

Your dedication and excellence continue to set the bar high!

– Preferred Properties of Asheville [...]

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 [...]

July 2025 Asheville Housing Market Statistics

July 2025 Housing Market Statistics

Asheville Region
Closed Sales: 916 914
Avg. List Price: $622,512 $653,228
Inventory: 3,155 4,925
Months Supply: 3.8 6.4
(6 months is considered a balanced market.)

Buncombe County
Closed Sales: 293 321
Avg. List Price: $683,136 $780,685
Inventory: 904 1,633
Months Supply: 3.1 6.4
(6 months is considered a balanced [...]

May 2025 Housing Market Statistics

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May 2025 Housing Market Update

In Buncombe County, The City of Asheville, and the Asheville Region.

 

 

Buncombe County – May 2025 Summary

New Listings: Up 36.9% (698 homes) compared to May 2024.

Closed Sales: Down 20.6% (285 homes).

Average Sales Price: Dropped 11.1% to $611,124.

Inventory: Rose 81.1% to 1,518 homes for sale.

Months Supply of Inventory: Increased from 2.9 to 5.9 (up 103.4%). 6 months is considered a balanced [...]

Sellers: How to Navigate Asheville's Shifting Market

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 Price to Today’s Reality, Not Yesterday’s Peak

  • Many sellers are anchored to 2021–2022 peak prices. That market is gone.

  • Median sale prices have softened or plateaued in parts of Buncombe. Price reductions are increasingly common, especially for homes over $700k.

  • Price just under key thresholds ($499k instead of $510k) to boost search hits on Zillow, Realtor.com,

  • [...]
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