Monday, June 20, 2011

Current Real Estate trends for Asheville, NC


The real estate market has sure been challenging over the last two to three years.  The environment remains a solid buyers market, and some recent numbers for the Asheville area show some real signs of improvement in the economy.



For median and lower priced homes, especially during the last six months, there has been a definite new trend in the available supply of homes on the market, though the size of the supply still firmly favors buyers.


For higher priced homes, the numbers show a similar trend, though the number of homes available for sale remains much higher than the rate of home sales. Especially for the highest priced properties, the market remains a challenge, and this can be a real opportunity for a prudent home buyer.

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