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Throughout 2023, the Asheville area has seen a steady increase in home sales prices. Asheville housing market forecast: Will prices drop in 2024? Who won out in the 2023?
Asheville's housing market was hot in 2023 and 2024. Home prices have risen to record levels, with single-family homes hitting a record median price of $512,000 as the region's luxury housing ...
Those who braved the housing market in 2024 faced one of the slowest sales years in three decades. Next year is shaping up to be a little bit better.
Asheville and Buncombe are now looking at an identical median sales price of $475,000; the highest third quarter sales price on record.
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
In June, the median length of time homes spent on the market was 22 days, up from 18 days one year earlier, per NAR. Homes sold: Nationwide sales of existing homes fell 5.4 percent in June 2024 ...
The bank expects supply to remain tight but high rates to weigh on affordability, it predicted in its updated 2024 housing outlook.
The forecast among many economists for a recession in 2023 did not come to pass. Indeed, from a purely data-driven perspective, history may consider this year to be a good one, as low unemployment ...