Asheville Real Estate Trends: Buncombe County, NC - Average Selling Price - Residential - September 2011

By
Real Estate Broker/Owner with Don Davies Real Estate/REALSEARCH/Asheville, NC

Asheville/Buncombe County, North Carolina

Average Selling Price of Residential Properties

A 6 Month Trend Report

Basically, the Average Selling Price of a single family home is determined by the same influences that effect all market items - Supply and Demand.

The Asheville and Buncombe County supply (active listings) has been higher than normal and the demand (buyers) has been lower than normal. That has a direct effect on the pricing of the properties available.

As the chart indicates below, our Average Selling Price fluctuated since April and is now bouncing around at the lowest levels in many years. Even though that is true, we are still selling at higher Average Selling Prices than any other part of the state.

Prices are approaching the levels of late 2004 and the year of 2005, which were before our banner years.

 

September 2011

 

Copyright by Don Davies©

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
North Carolina Buncombe County Asheville
Groups:
Market Updates
North Carolina Real Estate
Posts to Localism
Realtors®
City and State: Listings and Market Reports
Tags:
don davies asheville
asheville real estate trends
asheville housing trends
buncombe county housing market trends
realsearch in asheville

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention
Rainmaker
266,893

Don Davies, GRI "AshevilleRealEstateTrends.com"

"Realsearch" and Agent Referrals in Asheville NC
Ask me a question
*
*
*
*
Spam prevention