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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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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