Residential Sales Trends/ Existing Homes Asheville, N.C.
NOTES from janeAnne
Here is a chart that compares residential sales in Asheville this time last year to sales in 2007. You will note that although fewer homes sold in 02/2007 than in 02/2006, the price of those homes is higher, and the days on the market, less. There has been some confusion about how strong our market is. It is very strong, with the sales price of homes running very close to the actual asking price.
|February 2006||February 2007|
|Homes Sold||562||Homes Sold||536|
|Average Days on Market||97||Average Days on Market||94|
|Average Selling Price||$232,312||Average Selling Price||$250,222|
|Median Selling Price||$186,000||Median Selling Price||$208,750|
|Average List Price||$240,532||Average List Price||$259,609|
|Median List Price||$189,900||Median List Price||$214,450|
|Sell price volume||$130,559,571||Sell price volume||$134,119,154|
Appreciation ...Annual appreciation rate for homes in the Greater Asheville area was up 12.5 percent in 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.
March 2007 Real Estate Market Stats
Buncombe County (Asheville area), North Carolina
Residential Properties on the Market: 1729
Residential Properties Pending: 357
"Luxury Market" Over $1M: 138
"Affordable Housing" Under $150K : 169
Farms & Land and/or Lots on the Market: 1584
Priced Over $1M: 73
Farmland Priced Under $50K : 5
ECO-friendly NC Healthy Built Homes: 43...DUE in 2007: 425
For interesting articles about the Greater Asheville area and fro articles of general interest please check out janeAnne's BLOG at Active Rain.
Your Home for Today and Tomorrow- Smart UP-Fitting
GO HERE - for Tips & Talking Points.
Home Decorating, New Space Design
"Helpful starting points for talking about and designing
a functional and BEAUTIFUL lifelong home."
Asheville NC Real Estate Journal for RESOPURCES & REFERRALS -Mountain Homes and Land Legacies- Asheville 1031 Realty© 2014. Designations: NAR GREEN®, EcoBroker®, Eco Certified ®Real Estate Consultant, ePRO®. Unauthorized reproduction of any information including photos and graphics on this site is a violation of existing copyright laws. All rights reserved.
he Necessary Disclaimer! We disclaim liability for damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to our blogs.
* INFORMED CHOICES* THOUGHTFUL ADVICE* DATA INTERPRETATION*
-Tell us what is most important to you-
Email me janeAnne@janeAnne.com or give a call at: 828-776-0779