Median Sales Data

Median Sales Price: $215,000 Average Days on Market: 167 # of Units Closed: 151 August 2010

North NW Central S SE SW E W Links of Interest

MSP $266,500 $130,750 $179,000 $270,000 $204,000 $0 $248,500 $204,750
Buncombe County
DOM 114 140 56 144 75 0 113 146 Schools
#UC 28 12 17 26 7 0 33 36
Asheville City Schools
MSP=Median Sales Price DOM=Days on Market 130
#UC =Number of Units Closed

Current Median Asking Price

Asheville Regional
Median Asking Price: $275,000 # of Units Available: 2720

North NW Central S SE SW E W Asheville Chamber of

Commerce
MAP $325,000 $249,000 $268,000 $370,000 $339,000 $294,000 $250,000 $200,000
City of Asheville
#Av.U 604 176 141 490 234 34 497 550
MAP = Median Asking Price #AV.U = Number of Available Units Buncombe County
Explore Asheville
I believe that most of us were hoping to see much more
robust sales numbers than we actually saw in August. In a Sold Inventory for August 2010
normal market we generally see a small uptick over the July 77
80 65
sales numbers simply because people get back out after the
kids are back in school and the summer vacations are done. 60
It hasn't happened so far. However it may get pushed to 40
12
September. As I write this it is Labor Day weekend and there 20 4 1 0
were many people out and about here in Asheville. More 0
than normal it seemed. Hopefully everyone is just now taking
that last summer vacation and will be back in the market this
month.
It's obvious that the economy continues to hold this market
at bay but there were encouraging numbers this week for the
month of July in the state of Florida as buyers are getting
back into the market there. This would seem to indicate the Current Inventory for August 2010
leading edge of some normalcy that will hopefully work its 1087
way into the Asheville market in the coming months. The 1200 864
1000
next few weeks will tell. 800
600 332
400 167 100 178
200
This information brought to you courtesy of 0
The Buyer's Agent of Asheville.
You can reach us anytime at
info@ashevillehomebuyer.com

$260,000 Running Monthly Sales Price Comparison Year over Year 2008 2009 2010

$220,000

$180,000
Jan Feb March April May June July Aug Sept Oct Nov Dec
www.ashevillehomebuyer.com 77-D Central Ave. Asheville, NC 28801
info@ashevillehomebuyer.com toll free (866) 645-8797
locally: (828) 210-4663 - fax (828) 210-4664