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 [...]

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 [...]

 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,

[...]

You can also download a PDF here.

We truly are both local and global. Our global reach in over 70 countries allows us to offer unparalleled marketing and expertise, while our strong local ties ensure that our clients receive personalized, attentive service. We blend the best of both worlds for exceptional results with a human [...]

December 2024 Asheville Real Estate Market Update
Key Statistics:
Average Sales Price: Increased by 1.8% year-over-year to $522,723 in the Asheville region.
New Listings: Up 13.0% from December 2023, signaling more options for buyers.
Closed Sales: Decreased slightly, down 4.9%.
Days on Market: Homes took 62 days on average to sell, up [...]

Wrapping Up the Year: Why End-of-Year Real Estate Transactions Can Be a Smart Move

As the year winds down, many people turn their attention to holiday festivities, family gatherings, and upcoming resolutions. However, for savvy homebuyers and sellers, the end of the year also presents a unique opportunity in the real estate market. At [...]

Discover Walkable Neighborhoods in Asheville, North Carolina

Nestled in the Blue Ridge Mountains, Asheville, North Carolina, is a vibrant city known for its eclectic culture, thriving arts scene, and stunning natural surroundings. For those who prefer to explore by foot, Asheville offers several walkable neighborhoods that combine charm, [...]

Homebuyers in 2025 are focusing on features that blend sustainability, comfort, and style.
Here are the top trends based on emerging preferences:

Energy Efficiency: Whole-home batteries and solar panels are increasingly desirable, as buyers look for sustainable solutions to reduce energy costs and maintain resilience during power outages. EV [...]

Understanding the Real Estate Market: A Guide to Trends and Terminology

By Preferred Properties of Asheville

The real estate market can feel overwhelming, especially if you’re new to buying or selling property. With fluctuating trends, industry jargon, and complex factors influencing home values, understanding the basics is crucial. At [...]

Should You Renovate Before Selling? A Cost-Benefit Analysis

By Preferred Properties of Asheville

When selling a home, many homeowners wonder whether investing in renovations will lead to a higher sale price or faster sale. While some updates can provide a strong return on investment (ROI), others might not be worth the time, effort, or [...]

Staging Secrets to Sell Your Home Faster

By Preferred Properties of Asheville

When selling your home, first impressions are everything. A well-staged home not only looks appealing but helps potential buyers envision themselves living there. At Preferred Properties of Asheville, we know how to highlight a home’s best features to attract [...]

Top Tips for First-Time Homebuyers

Buying your first home is an exciting milestone, but it can also feel overwhelming. From securing financing to finding the perfect property, there are many steps in the process. [...]

An open house is an event organized by a real estate agent, seller, or broker to showcase a property for sale to potential buyers. The event is typically scheduled for a few hours on a specific day, allowing interested buyers to tour the home without needing an appointment. Open houses are designed to attract a broad range of visitors, [...]

As a home seller, you have a wide range of choices when deciding how to market your property. This includes whether you'd like to offer-or authorize your agent to offer-compensation to a buyer's agent as a way to attract potential buyers. Here's what you need to know as you consider your options related to offering compensation:

1. What is an offer of compensation and why make one? An offer of compensation is when you­the seller-or your agent compensate another agent for bringing a buyer to successfully close the transaction. Offers of compensation help reduce out-of-pocket costs for prospective buyers, which in turn may bring more potential buyers for the transaction. These costs can be especially significant for first-time buyers, lower- to middle-income buyers, or those from underserved communities.
2. Are offers of compensation mandatory? No. It is up to you to determine if making an offer of compensation is the best approach for selling your property. Agents who are REALTORS® are here to help answer your questions and guide you to make a decision that works for you.
3. As a seller, does my agent need my permission to offer compensation to a buyer's agent? Yes. Your agent can only offer compensation or make a payment to a buyer's agent if they have your written approval and signoff on the amount.
4. What types of compensation can I offer? There are many options available to you as a seller to discuss with your agent. These could include a flat fee paid directly to the buyer's agent or allowing your agent to share a part of their compensation with the buyer's agent. Beyond compensation, you could also consider offering a buyer certain concessions, such as covering closing costs, to make the total home purchase more affordable for them.
5. How will a buyer's agent know if there is an offer of compensation? Offers of compensation can be advertised in many ways. If you approve an offer of compensation, it can be shared through common marketing methods such as flyers, signs, brokerage websites, social media posts, or simply through a phone call or email. Offers of compensation cannot be listed on Multiple Listing Services (MLSs), on line platforms that compile home listings from many different sources.
6. Do I have to advertise an offer of compensation if I decide to make one? No, it's up to you to decide. Advertising can help get the word out to bring more buyers to the table, but you can also choose not to advertise and instead negotiate the offer in a purchase agreement.
7. You mention concessions-what does that mean? A seller concession is different than an offer of compensation. It is when a seller covers certain costs associated with purchasing a home for the buyer. Concessions can make home ownership more accessible for buyers by reducing upfront expenses. These can cover things like some transaction costs or property repairs.
8. How do I know what option is best for me? When you work with an agent who is a REALTOR®, you are working with a professional guided by ethical duties under the REALTOR® Code of Ethics, including the pledge to protect and promote the interests of their clients. Your agent will work with you to weigh your options, answer questions, and develop a strategy you are confident in. You can read more about REALTORS'® duty to put client interests above their own here.

Practices may vary based on state and local law. Consult your real estate professional and/or consult an attorney for details about state law where you are purchasing a home. Please visit facts.reg/tor for more information and resources.