2019 is now more than halfway over and we are excited to release our 2019 Asheville Mid-Year Market Report. Understanding what’s going on in the market allows us to equip our clients to make confident, informed decisions. It also gives us an idea of what the future holds.
Overall, total sales in the Asheville area real estate market increased as prices rose and inventory levels declined.
QUICK TAKEAWAYS
- Total sales increased more than 2% year-over-year across the Asheville MSA in the first half of the year. 2019 total sales were 3,450, a 2.2% increase compared to 3,375 total sales in 2018.
- The median sales price in the first half of 2019 was $277,000 compared to $265,000 in 2018, a 4.5% increase.
- In the Asheville MSA, average days on market increased 2.8% to 73. Buncombe and Henderson counties had the lowest average days on market within the Asheville MSA at 66 days.
Be sure to check out the full 2019 Asheville Mid-Year Market Report here for more info on how the market performed in the first half of the year.
Whether buying or selling, it is increasingly important in current market conditions to talk with your Nest Broker about how your home fits into the bigger picture. They will advise you and prepare you to make knowledgable decisions and help you achieve your real estate goals. Interested in what’s happening in other markets? To view all of our area market reports, click here.
Have questions? Contact your Nest Broker today.