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Asheville NC Real Estate Report for October 2008

By
Real Estate Agent with Keller-Williams

Asheville NC Real Estate Report

 

 

WNCR October 2008 Market Report
October Percentage Changes
2008 vs 2007

Homes Sold                        -24%

Avg Days on Market            +28%

Avg Selling Price                 -1.2%

Median Selling Price            -7.9%

Total Sell Price Volume        -25%

Data is from the 5 county WNC Regional MLS system and represents total home sales in Buncombe, Madison, Haywood, Henderson and Transylvania counties.

2007 Total Sales

 

 

2008 Sales through Oct. 31

 

 

Single-Family Homes Sold

7471

 

Single-Family Homes Sold

 

4015

Average Days on Market

103

 

Average Days on Market

 

122

Average Selling Price

$277,636

 

Average Selling Price

 

$259,443

Median Selling Price

$220,000

 

Median Selling Price

 

$213,000

Average List Price

$285,723

 

 Average List Price

 

$273,642

Median List Price

$229,900

 

 Median List Price

 

$224,000

 

 

 

 

 

 

October 2007 Sales

 

 

October 2008 Sales

 

 

Single-Family Homes Sold

466

 

Single-Family Homes Sold

 

356

Average Days on Market

105

 

Average Days on Market

 

134

Average Selling Price

$282,077

 

Average Selling Price

 

$278,802

Median Selling Price

$222,700

 

Median Selling Price

 

$205,150

Average List Price

$296,445

 

Average List Price

 

$298,795

Median List Price

$234,950

 

Median List Price

 

$219,450

Sell price volume

$131,448,023

 

Sell price volume

 

$99,253,589

"Home Sales" and "Total Sales" both refer to single family homes ranging from one to more than 4 bedrooms.

 

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