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Welcome agent George Zourzoukis to the downtown Asheville office! www.preferredprop.com 39 Woodfin Street, Asheville NC Preferred Properties of Preferred Properties of Asheville #ashevillerealty #homesweethome #ashevillerealty #wnc #ashevillerealestate
Congratulations August 2022 Peak Performers!
Downtown Asheville Office
Top Producer - Anna Peddy
Top Buyer Agent - Katie Wangrin
Top Listing Agent - LeNoir Medlock
South Asheville Office
Top Producer - Sandy Lindsey
Top Buyer Agent - Ann Clark
Top Listing Agent - Sandy Sellers
www.preferredprop.com
828-258-2953
828-210-9400
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Local Market Update for August 2022 CITY OF ASHEVILLE
New Listings decreased -9.0%
Pending Sales decreased -6.0%
Home Inventory decreased -26.3%
Median Sales Price stayed the same at ($440,000 YOY)
Days on Market decreased to 18 days (27 days YOY)
Months Supply of Inventory decreased to 1.6 Months (1.8 Months YOY) *6 Months Supply of Inventory is needed for a balanced market.
Although sales prices remain up from this time last year, price growth is expected to moderate in the months ahead as the market continues to shift in a more buyer-friendly direction.
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