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Asheville, Buncombe County, NC: Real Estate - Active Residential Listings Statistics - April 2008

Buncombe County is the home of Asheville, NC.

Buncombe County and the surrounding areas of Asheville, Leicester, Black Mountain, Biltmore Forest, and Arden like the rest of the country, has been experiencing many changes in the real estate market, some good and some, not so good.

The Asheville area was once believed to be immune from the negative real estate trends that the rest of the country was experiencing.

Perhaps that would be true if the rest of the country hadn't suffered such deep slow-downs and upset markets.

The Asheville area has continued to see a dramatic slow-down of Sold homes, and returning increase in inventory, and a noticeable drop in "pending" listings. The two numbers that seem to tell the continuing story of the Asheville market appear to be the small percentage of homes under $100,000 and the increasing number of homes over $1,000,000.

The record number of Active Listings in Buncombe County is 3,228 which was set in April, 2008.

The trend indicator below is for the current month compared to last month.

Posted by Don Davies, GRI Innovation In Real Estate Since 1984 on 05/11/2008 02:11 PM

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This post has been included in North Carolina Information Buncombe County, NC Information Asheville, NC Information
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