April 2019 Market Report For Asheville North Carolina

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.

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Spring Is In The Air

Living in the mountains is always fun due to the atmosphere, aesthetics, and adventure available here in Western North Carolina. Now that Spring is here, Asheville is blooming with activities for all ages and interests. Whether you want to go see one of the many garden exhibits, attend local festivals or local art galleries, or spend time doing outdoor activities, Asheville has everything you could dream of.

Beginning on April 1st, the Biltmore Estate will be hosting Biltmore Blooms. Walk the 8,000 acres of grounds and gardens to experience beautiful and exotic plants as they burst with color this season. Enjoy the Flowering Cherry, Red Maple, Kobus Magnolia, Spiraea, Quince, Japanese Pieris, Hyacinths, Snowdrops, Daffodils, and many more Spring surprises on the estate of the largest home in the United States. After walking the gardens, The Biltmore Estate offers dining, wine-tasting, shopping, and historical tours of the mansion to keep you entertained all day!

Furthermore, The North Carolina Arboretum’s gardens begin to bloom this time of year. Placed in one of the most botanically diverse and attractive environmental settings in America, The North Carolina Arboretum has 65 acres of fostered gardens that satisfy the senses. You will have to opportunity to pay tribute to the region’s rich cultural heritage. Strolling through the Arboretum’s gardens is a perfect way to reconnect with nature in a peaceful setting.  The Asheville Botanical Gardens make for another great Spring destination! The Asheville Botanical Gardens are a “10-acre independent, non-profit botanical garden dedicated to the study and promotion of the native plants and habitats of the Southern Appalachians.” It is a beautiful place for a casual stroll with your family that will allow you to return to nature in the most fundamental sense.

Festivals are a critical part of the Asheville culture as well because of how nice the weather is here! This month, we have the annual Asheville Orchid Festival, which is your chance to see hundreds of amazing orchids and watch the competition unfold to see who will take home first place! If that isn’t your cup of tea, we also have the Sweet Treats of the Carolinas Festival coming up on April 20th. This festival will not only have all of the sweetest treats you can imagine, but will also have a donut eating contest, 5k run, half marathon, pageant, crafts, food trucks, and a variety of other vendors. Moreover, the French Broad River Festival is coming May 3-5, and will include some of the best music in the area, camping, vendors, and outdoor events in celebration of the beautiful French Broad River. These are just a few of the many festivals that will take place in Western North Carolina this spring! (romanticasheville.com)

Western North Carolina is one of the top areas in the country for art, and has thousands of amazing artists living here. For a great Spring day activity, take time to stroll between the more than 30 art galleries and studios in Downtown Asheville and the 180+ working artist studios in the River Arts Ditrict. One of the top galleries in town is Grovewood Gallery, adjacent to the historic site of the Grove Park Inn. Experience outdoor sculptures, rotating exhibits, and working artist studios all with a gorgeous view of Asheville and the Great Smoky Mountains! In the River Arts District, The Village Potters Gallery offers a more hands-on experience. Attend workshops hosted by the 6 accomplished resident sculptors while being surrounded by work in all mediums. The final gallery we want to highlight is the Momentum Art Gallery in Downtown Asheville. This exquisite gallery showcases the best of contemporary art, and is comprised of artists work from all over the country, including Western North Carolina!

In conclusion, Asheville has a vast amount of attractions to fit anyone’s adventure needs! Whether you live here or are visiting the area , feel free to reach out to the Eskritt Group at Keller Williams with any questions you may have. We are local experts, and would cherish the opportunity to share with you why we made this city ‘home.’

Considering a move? We can help there too! Call us to find out how we can help you determine the best move for your family.

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Greenwood Fields Community In North Asheville

Welcome to Greenwood Fields in Woodfin, NC! This new development attracting a lot of attention in the Asheville area. Greenwood Fields is nestled in a very scenic area with loads of mountain views and mountain trails accessible. Activities that can be accessed nearby include biking, rafting, tubing and sightseeing! You have the ability of being within 10 minutes of Woodfin Riverside park, Roy Pope Memorial park, Asheville Botanical Gardens, and you are located next to the French Broad River!  But that is not it, Greenwood Fields is strategically located within 15 minutes of Downtown Asheville. In downtown Asheville, you can enjoy attractions such as farm-to-table dining, art galleries, live theater, the Asheville Symphony (www.ashevillesymphony.org), countless festivals (https://www.ashevillechamber.org/news-events/), local breweries (http://ashevilleblog.com/asheville-brewery-list/), nightlife, live music venues and tons of shopping.

This development is great because its all new construction homes! Homes are priced from 300-400k and 25 lots have already been built on and sold. There are a few different builders with different designs (list builders) and buyers have the ability to design custom finishes, such as granite countertops, cabinet materials, flooring, fireplace designs, etc. (discuss style of the homes, and expected finishes)

Greenwood Fields Home Owners Association dues are $60 a quarter, and you take care of your own house and yard. These are city streets not private streets; so, for $240 a year you are getting a great bang for your buck. For young families, Greenwood Fields is located in the North Buncombe School District. (link) Although Phase 1 of the 3 phase building plan is almost filled, you still have the opportunity to purchase your dream home from Phase 2 and 3, which will feature more prominent mountain views.

Asheville is a continually growing city with lots to do and an amazing atmosphere that never disappoints. The Greenwood Fields development is exciting because it fits right into the Asheville area (why?) and will allow for more to come and enjoy the beauty of the mountains. One of our top buyer agents, Mary Jo, is working in conjunction with one of the builders and would be more than happy to answer any questions you have about the development. For more information on this amazing opportunity, contact us at (828) 778-1783.

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