Happy 2015 Asheville! We are excited to present the 2014 edition of the Nest Annual Report.
Each year as we prepare for the spring market, we first take a look back at the year that was in our local real estate market. At Nest, we believe it is important that our clients be well-equipped to make confident, informed decisions when it comes to buying or selling a home. One of the ways we do this is by synthesizing vast amounts of data to provide you statistics and metrics that are relevant to you and our local market.
In keeping with the recent upward trend we have experienced the past few years, the Asheville area real estate market saw strong growth once again in 2014. We saw increases in total sales and median prices in nearly every major category. In a year in which we expected interest rates to rise, surprisingly we saw rates drop which likely played a role in the increase of total sales as well as the decline in days on market. Overall, the marketplace exhibited the positive trends and strong performance we have seen in recent years. To learn more about how the Asheville market performed last year, take a look at the highlights below and read the full 2014 Nest Realty Annual Report here!
- Total sales in the Asheville area MSA rose more than 5%
- Median sales price in Buncombe county rose nearly 5%
- North Asheville had the lowest days on market this past year at 124 days
Have questions? Don’t hesitate to reach out directly to your Nest Broker to learn more!