A Look at the Buncombe County Real Estate Market
April’s market report is showing strong similarities to the market last year around this time. In Buncombe county, 244 homes have been sold this month. However, there are 1,757 active listings currently, indicating a high level of inventory. Presently, there is an estimated 7 month’s worth of inventory which indicated we are in a buyer’s market! The list to sale percentage currently is 97.4% in Buncombe county. This implies sellers will get 97.4% of their asking price which is stellar. It is a very good time to invest in real estate in Asheville!
A Look at the Henderson County Real Estate Market
In Henderson County, there is currently 6 months of inventory! This indicates there is a sellers market evident in this area. On average, people are getting 97.9% of their asking price! This is a very promising statistic for sellers and buyers. On the market in Henderson county there were 779 active listings last month and 136 homes sold. This is similar to the situation last year around this time. The average days on the market for a home selling in Henderson is 84. Henderson markets are very promising at there current stature.
What does this mean if you are looking to sell a home in Buncombe County?
If you are contemplating selling your home in Buncombe County you have the advantage. Data shows that listings spend an average of 74 days on the market and as mentioned above, receive 95.9% of their asking price. The Eskritt Group is seasoned in selling homes and helping you move into your next home. Last year, the Eskritt Group had a closing to list price ratio of 99.2%, 1.3% above other agents in Buncombe County!
Wrap-Up of the Asheville Real Estate Market report.
In conclusion, the statistics show the housing market and inventory in Henderson and Buncombe County are promising. Now is an amazing time to either buy a new home, or sell your current home. With low interest rates, and an abundance of opportunity; it is an ideal time to invest in real estate! The Eskritt Group would take pleasure in helping with your buyer or seller needs! Please feel free to reach out to us at… so that we can serve you.