4th Quarter 2019
The housing market in Asheville and Buncombe County ended 2019 with strong demand, low inventory, and higher prices in both Asheville and Buncombe County.
Number of homes sold. The City of Asheville had a record-setting year, with 1604 home sales, 10.8% more than the previous year. Buncombe County home sales were also brisk, with 2729 sales recorded in 2019, 10.4% more than in 2018.
The median home sale price in the City of Asheville rose by 2.3% between 2018 and 2019 to $317,000, marking nine straight years of median home price increases. In Buncombe County, the median home sale price rose by 5.3% between 2018 and 2019 to $300,000, also showing nine straight years of median home price increases.
For a complete market analysis, including Trends in Green Homes, Inventory or Price Per Square Foot, view the entire report here. If you have any questions or would like a price evaluation of your house, please contact one of our agents or call us at (828) 707-9556.
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