Asheville, Buncombe County, NC Real Estate Market Statistics - June 2009
Active and Sold - June 2009 and 2008 Comparisons
Our Active Residential Listings (Inventory) numbers have been leveling off and actually had a slight decrease form this same time last year.
The Average Asking Price had a decrease (4%), which the slower market influenced, and the Median Asking Price has decreased 5%. That is mostly because of the higher priced homes taking "price reductions".
June sales had a decrease of 11% over June 2008. This is normally the time of year when sales would be increasing.
That is the real problem we still face, the SOLD numbers are down for the year to date. As you can see by the chart below, we have been down significantly on our SOLD numbers and that has been the case all of the last 12 months, yet our inventory has remained flat, but on the high side.
The number of Days on Market is at the highest levels in over 5 years for both Active and Sold listings.
Residential Properties = Single Family Homes, Condos, Townhouses & Mobiles on Owned Land
AR Members: Post your listings and market reports at the Group: http://activerain.com/groups/CityStateListingsReports
Copyright by Don Davies©
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