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Asheville Region & Hendersonville

ASHEVILLE

RESIDENTIAL SALES SUMMARY

Asheville continues to see Average and Median Sales Prices increase with Month's Supply starting to gain. With such a low inventory, it's no surprise that Closed Sales have dropped more than 13.6% on Q3 2021 figures. Expect more of the same in Q4 2022, with prices continuing to rise and both inventory and Days on Market continuing to drop, unlike other NC metro areas.

Asheville (Region)

IIn the pastoral setting of Buncombe County, Asheville's home county, the Q3 Average Sales Price for homes was up 12.9% year-on-year. On average, homes in Buncombe County are on the market for 23 days, more than 10.8% slower than this time last year. While Buncombe County offers greater selection and opportunities for first-time buyers, its new developments and luxury communities have put upward pressure on home prices, outpacing Asheville.