Asheville Home Sales Rise including in 48 Other States

Existing home sales continued to increase with recovery in sight with gains recorded in 49 states. Over 22% of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®.

Asheville Real Estate existing home sales, including single-family and condo, rose 8.3 over last year. Also in the first quarter, the median existing single-family home price rose slightly.

With the increase in homes sales and home values is encouraging when considering over 40% of home sales are distressed sales.

With interest rates still at an all time low and home sales increasing we will continue to see home values increasing including second home sales in markets like Waynesville, Maggie Valley and Weaverville.