Is now the time to buy a home in Asheville? Our 2019 Asheville Home Buyer Report believes this is a year of possibility and balance. Not only personally, but in a home buying sense. This year, The Buyer’s Agent of Asheville believes we will witness a more steady and balanced market. “I believe the market will be trending upwards but not at the rates we have seen the last two years,” expressed Jon Corbin, founder of The Buyer’s Agent of Asheville.
In the most recent real estate market report provided to Asheville REALTORS®, average selling prices are remarkably lower than average asking prices. For instance in Asheville zip code 28801, the average asking price is $516,791.00. Compared to the average selling price of $396,927.00, it appears that the market is balancing itself out. Pricing is increasing in Buncombe County, which will inevitably raise asking prices in outlying areas, such as Hendersonville and Brevard.
This might be the year to discover a good value based on rates and a more balanced market.
The hottest real estate trend of 2019 will be those looking for new construction homes. We are seeing an uptick of people desiring move-in ready homes. And, good news, there is a lot of development happening in and around Asheville.
Here is a quick look at 2019 Asheville Real Estate Average Asking Price vs. Selling Price by zip code as of February 4, 2019.
- 28801 – Asking Price – $516,791, Selling Price $396,927
- 28803 (South Asheville) – Asking Price – $822,515 Selling Price $460,606
- 28804 (North Asheville) – Asking Price – $816,229, Selling Price $526,239
- 28805 (East Asheville) – Asking Price – $573,412, Selling Price $366,879
- 28806 (West Asheville) – Asking Price – $399,868, Selling Price $308,317
- 28787 (Weaverville) – Asking Price – $446,910, Selling Price $334,071
- 28715- (Candler) – Asking Price – $443,653, Selling Price $316,948
- 28711 (Black Mountain)- Asking Price – $611,134 Selling Price $348,140
- 28778 (Swannanoa) – Asking Price – $360,192 Selling Price $265,786
- 28732- Asking Price – $624,919 Selling Price $357,123
- 28730 (Fairview) – Asking Price – $687,168 Selling Price $357,123
- 28748- Asking Price – $407,552, Selling Price $254,633
- 28704 (Arden) – Asking Price – $711,827 Selling Price $380,949
- 28801- Asking Price – $516,791, Selling Price $396,927
- Henderson County – Asking Price – $560,848 Selling Price $312,592
- Brevard – Asking Price – $463,035 Selling Price $329,312
- Madison County – Asking Price – $444,655, Selling Price $256,156
