Asheville nc real estate market report

Asheville NC real estate inventory is up at record levels and sales have slowed but, declining prices have not been the news.

A year ago Asheville’s real estate inventory was 2,152 homes on the market with an average asking price of $404,447. The average asking price being $279,900.

As of January 2008 the inventory of homes in the Asheville market is 2,965 with an average asking price of $442,048. The average asking price being $299,900.

That is an increase in inventory of 27%. The average asking price in an increase of 9%. The average asking price is an increase of 7%.

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