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Buncombe County Monthly Sales Report

Median Sales Data


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

North NW Central S SE SW E W Links of Int


MSP $266,500 $130,750 $179,000 $270,000 $204,000 $0 $248,500 $204,750
DOM 114 140 56 144 75 0 113 146
#UC 28 12 17 26 7 0 33 36
MSP=Median Sales Price DOM=Days on Market #UC =Number of Units Closed 130
Current Median Asking Price
Median Asking Price: $275,000 # of Units Available: 2720

North NW Central S SE SW E W
MAP $325,000 $249,000 $268,000 $370,000 $339,000 $294,000 $250,000 $200,000
#Av.U 604 176 141 490 234 34 497 550
MAP = Median Asking Price #AV.U = Number of Available Units

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
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September. As I write this it is Labor Day weekend and there 20 4 1
were many people out and about here in Asheville. More
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than normal it seemed. Hopefully everyone is just now
taking that last summer vacation and will be back in the 0k

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market this month.

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It's obvious that the economy continues to hold this market

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at bay but there were encouraging numbers this week for the
month of July in the state of Florida as buyers are getting
Current Inventory for August 201
back into the market there. This would seem to indicate the
leading edge of some normalcy that will hopefully work its
way into the Asheville market in the coming months. The 1500 1087
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next few weeks will tell. 1000
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This information brought to you courtesy of
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The Buyer's Agent of Asheville.
You can reach us anytime at
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info@ashevillehomebuyer.com
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or (828) 210-4663
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$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 N
www.ashevillehomebuyer.com 77-D Central Ave. Asheville, NC 28801 info@ashevillehomebuy
toll free (866) 645-8797
locally: (828) 210-4663 - fax (828) 210-4664
August 2010

Links of Interest

Buncombe County Schools

Asheville City Schools

Asheville Regional Airport

Asheville Chamber of Commerce

City of Asheville

Buncombe County
Explore Asheville

gust 2010

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ugust 2010

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Oct Nov Dec


lehomebuyer.com
Sold Inventory Current Inventory
Price Units Sold Price Units Active
$0-$200k 77 $0-$200k 864
$200k-$400k 65 $200k-$400k 1087
$400k-$600k 12 $400k-$600k 332
$600k-$800k 4 $600k-$800k 167
$800k-$1mil 1 $800k-$1mil 100
$1mil+ 0 $1mil+ 178

Jan Feb March April May


2008 $219,900 $217,500 $220,000 $235,000 $225,000
2009 $217,500 $218,500 $201,000 $205,000 $210,000
2010 $190,000 199450 $187,500 $186,000 207,000
June July Aug Sept Oct Nov Dec
$235,000 $229,450 $225,000 $242,250 $225,000 $238,000 $210,000
$215,000 $214,750 $231,262 $207,500 $205,000 $205,500 $218,000
226,000 211000 215000

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