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Asheville Market Trends

Today, November 24, 2009

Median Sales Price in Asheville

Embed Info
1 yr 5 yr Max
Asheville median sales prices
Number of sold homes in Asheville
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$105,000-22.5%$120,000$135,500$85,000
2 bedrooms$145,000-9.4%$150,000$160,000$118,000
3 bedrooms$196,000-8.3%$202,500$213,750$171,250
4 bedrooms$280,000+4.9%$306,000$267,000$287,500
All properties$170,000-8.8%$186,000$186,500$161,500
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Asheville Summary

The median sales price for homes in Asheville NC for Aug 09 to Oct 09 was $170,000. This represents a decline of 8.6%, or $16,000, compared to the prior quarter and a decrease of 8.8% compared to the prior year. Sales prices have appreciated 5.3% over the last 5 years in Asheville.

The average listing price for Asheville homes for sale on Trulia was $402,274 for the week ending Nov 18, which represents a decline of 0.3%, or $1,115, compared to the prior week and a decline of 0.7%, or $2,716, compared to the week ending Oct 28. Average price per square foot for Asheville NC was $147, a decrease of 4.5% compared to the same period last year. Popular neighborhoods in Asheville include Oakley, Historic Montford, Haw Creek, Kenilworth, Grove Park- Sunset, and Bear Creek.

 

Average Listing Price in Asheville

Embed Info
1 yr 5 yr Max
Asheville average property price
Asheville – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$225,632-3.3%$233,233$232,655$233,890
2 bedrooms$226,733-0.1%$226,876$227,074$224,723
3 bedrooms$358,955+0.5%$357,168$358,491$361,182
4 bedrooms$633,688-1.8%$645,366$644,807$642,184
All properties$402,274-0.3%$403,389$404,584$404,990
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Average Price Per Sqft for Homes in Asheville

Embed Info
1 yr 5 yr Max
Asheville average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$199-3.4%$243$206$109
2 bedrooms$149-7.5%$146$161$116
3 bedrooms$151-1.3%$149$153$116
4 bedrooms$133-13.6%$159$154$119
All properties$147-4.5%$150$154$113
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Popular Neighborhoods in Asheville

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Oakley 1 +1 2 7
Historic Montford 2 -1 1 1
Haw Creek 3 — 3 5
Kenilworth 4 — 4 2
Grove Park- Sunset 5 +2 7 8
Bear Creek 6 +14 20 12
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Homes for Sale in Asheville

64 Velvet Ridge Lane, Asheville NC
64 Velvet…
$850,000
4 br  6 ba
176 Valley Springs Road, Asheville NC
176 Valley…
$1,920,000
 
606 Woodfield Drive, Asheville NC
606 Woodfi…
$350,000
5 br  4 ba
11 Rolling Oaks Drive, Asheville NC
11 Rolling…
$149,900
3 br  2 ba
51 1st Street, Asheville NC
51 1st St,…
$239,000
3 br  2 ba
1409 Kenton Lane, Asheville NC
1409 Kenton…
$459,000
4 br  2 ½ ba
View all Asheville Homes for Sale
 
Stats & Trends
Asheville

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Oakley

Historic Montford

View more neighborhoods or ZIPs
  • Albemarle Park
  • Ballentree
  • Bear Creek
  • Beverly Hills
  • Biltmore Park
  • Biltmore South
  • Blake Mountain Estates - Oak Park
  • Brucemont Circle
  • Bunea Vista
  • Burton Street
  • Charlotte Street
  • Chestnut Hills
  • Cimarron
  • Claxton Community
  • Cloister Condominiums
  • Crowfields Condominiums
  • DARN
  • Deaverview
  • Deer Run
  • Deerwood
  • East End - Valley Street
  • East View Association
  • Erskine - Walton
  • Falconhurst
  • Five Points
  • Grace
  • Grove Park- Sunset
  • Hall Fletcher
  • Haw Creek
  • Henrietta- Spears Street
  • Hillcrest
  • Historic Montford
  • Huston - Courtland
  • Jackson Park
  • Kenilworth
  • Kenilworth Forest
  • Lakeview Park
  • Lee Walker Heights
  • Livingston Heights
  • Lucerne Park
  • Malvern Hills
  • Morningside Park
  • Mountainbrook
  • Murdock - Linden
  • North Asheville Community
  • Norwood Park
  • Oakley
  • Park Avenue
  • Parkway Forest
  • Pebble Creek
  • Pisgah View
  • Racquet Club Village
  • Redwood Forest
  • Shiloh
  • Sondley Estates
  • South French Broad
  • Spring Forest
  • Virginia Avenue
  • WECAN
  • West Asheville Estates
  • Westwood Place
  • Wilshire Park
close [x]
  • 28801
  • 28802
  • 28803
  • 28804
  • 28805
  • 28806
  • 28810
  • 28813
  • 28814
  • 28815
  • 28816
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Nearby Cities

Cities
Median
sales price
Average
listing price
Enka
$262,000
$80,000
Biltmore Lake
$390,000
$599,394
Candler
$153,500
$289,012
Swannanoa
$149,000
$269,829
Weaverville
$218,500
$362,460
Arden
$215,000
$520,756
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Advice

Recent Q&A in Asheville, NC

Q: We want to purchase a good investment property (must be a solid rental) in Asheville - what zip code areas would you suggest? 2 answers
Q: I am looking for an executive rental in an upscale neighborhood. It must have 4 bed. and close or over 3000 sq ft I need to rent for a minimum of one Be the first to answer
Q: I want to build in Lake Lure on property I own, and want to put it in a rental program. Where do I go to get current occupancy stats? Be the first to answer
Q: My husband and I want to buy a few acres of land in the mountains. 10 answers
Q: Are there any mid-century modern homes in Asheville? 7 answers

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Nearby Cities Real Estate

  • Woodfin Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Woodfin Home Prices
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Asheville Stats & Trends

  • Asheville Real Estate Overview
  • Asheville Schools
  • Asheville Community Info
  • Asheville Home Prices
  • Asheville Real Estate
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Our real estate market trends page gives you a valuable overview of the Asheville real estate market. Find Asheville properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Asheville average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Asheville housing statistics are available for each Asheville, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.