ASHEVILLE RESIDENTIAL SALES SUMMARY

Asheville continues to see Average and Median Sales Prices increase and Month's Supply rising 20.8%. With such a low inventory, it's no surprise that Closed Sales have dropped more than 18% on Q2 2022 figures. Expect more of the same in Q3 2023, with prices continuing to rise and both inventory and Days on Market continuing to increase, similar to other NC metro areas.

Asheville (Region)

In the pastoral setting of Buncombe County, Asheville's home county, the Q2 Average Sales Price for homes was up just .1% year-on-year! On average, homes in Buncombe County are on the market for 34 days, more than 53% 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.