Residential Sales Trends/ Existing Homes Asheville, N.C.
As of November 2006, the average sale price for an existing home in the Asheville area is about $290,000. The price has increased about 10% percent since this time last year. Home Appreciation ...Annual appreciation rate for homes in the Greater Asheville area is up 12.5 percent as of the second quarter of 2006. The data reflects same-home sales information collected by the Office of Federal Housing Enterprise Oversight (OFHEO). The Asheville appreciation rate tops the nationwide pace of 10 percent and our area's appreciation rate ranks 83 among 275 metros across the USA.
November 2006 Real Estate Market Stats
Buncombe County (Asheville area), North Carolina
Residential Properties on the Market: 2278
Residential Properties Pending: 795
Priced Over $1M: 102
Priced Under $50K : 2
Farms & Land on the Market: 1420
Priced Over $1M: 10
Priced Under $50K : 179
NC Healthy Built Homes: 24...DUE in 2007: 375
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