Western North Carolina Year by Year Market Analysis 2005-2016

Asheville

Regional Multiple Listing Service Year by Year Analysis

Closed Sales by Year
Homes, Condos & Townhomes
Henderson County
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Units 2169 1955 1876 1216 1042 1015 989 1362 1624 1811 1973 2150
DOM 83 73 93 124 156 205 219 209 194 179 138 77
Ave Price $ 222,813 242,702 260,340 233,268 214,138 226,991 197,420 200,857 211,334 216,879 231,785 239,659
Med Price $ 189,500 205,000 222,950 200,000 184,000 185,000 168,000 168,000 178,700 187,000 205,000 215,000
L/S % 97 97 97 96 94 93 93 94 95 95 96 97
Buncombe County
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Units 3898 4122 3495 2506 2238 2229 2308 2772 3449 3589 4037 4194
DOM 76 75 91 113 131 146 173 175 158 146 114 70
Ave Price $ 256,431 274,435 295,738 280,379 262,120 251,054 238,333 247,175 259,491 270,160 282,334 311,482
Med Price $ 197,500 217,000 228,000 222,000 205,000 199,000 188,000 195,000 205,000 215,000 230,000 253,900
L/S % 98 97 97 96 93 93 94 95 96 96 97 97
Polk County
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Units 118 178 170 105 107 93 130 142 198 233 208 254
DOM 101 104 119 132 161 210 220 310 338 252 222 150
Ave Price $ 247,666 267,391 340,283 283,075 187,188 231,468 248,734 216,690 212,449 237,192 261,399 252,270
Med Price $ 186,250 197,750 246,500 225,000 165,000 188,000 181,000 152,100 170,000 179,000 206,900 216,500
L/S % 96 95 96 92 92 91 91 91 91 93 94 95
Rutherford County
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Units 151 250 244 174 172 188 177 288 299 349 417 464
DOM 169 136 129 127 160 181 233 200 214 262 230 141
Ave Price $ 251,480 284,141 234,647 222,133 201,936 182,021 164,524 175,726 180,555 174,586 197,551 188,938
Med Price $ 195,000 211,250 169,000 159,950 154,500 147,750 141,900 140,000 135,000 137,900 155,000 162,000
L/S % 94 93 93 92 91 92 90 90 91 92 93 96
Transylvania County
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Units 570 639 433 283 242 288 309 384 408 487 562 599
DOM 142 129 142 160 185 196 253 291 308 303 253 168
Ave Price $ 259,786 313,265 339,217 305,186 297,200 263,594 240,432 323,443 234,811 263,956 256,091 274,046
Med Price $ 95 220,000 260,000 219,500 215,000 195,000 175,000 199,900 180,875 189,900 206,137 220,950
L/S % 189,955 95 94 92 91 90 90 92 92 89 94 94
* Data Sourced from NC Mountains MLS by Laura Flores Broker Associate

 

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