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!
828-258-2953
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