Welcome to Western North Carolina’s

Market Research Center

Real Estate Market Statistics

The Western NC and Asheville real estate market is among the most sought after in the country and the local housing market statistics show that. Download our market reports to see all real estate market statistics, but we’ll share a few highlights below. Definition of Terms.

Western North Carolina Market Trends

Western North Carolina encompasses 12 counties. The below data summarizes housing market statistics from all 12 of those counties and includes cities such as Asheville, Hendersonville, Waynesville, Lake Lure, Brevard and Black Mountain.
View Homes for Sale in Western North Carolina

Median sales price
$327,450
Homes for sale
1,228
List/Sell ratio
98%
Closed days on market
60
Statistics Period: 2020 YEAR-END REPORT

Market Trends in Asheville NC

Asheville is the largest city in Western North Carolina and it's growing by the day. With ample access to outdoor and indoor entertainment, plenty of dining options and a picturesque landscape, it's no wonder property values in Asheville are on the rise. View key statistics about the Asheville real estate market below.
View Homes for Sale in Asheville, NC

Median sales price
$355,000
Homes for sale
457
List/Sell ratio
99%
Closed days on market
62
Statistics Period: 2020 YEAR-END REPORT

About Our Research Center

At our core is the philosophy that it is our responsibility to ensure consumers are both well informed and prepared to make confident real estate decisions. We embrace that belief and have published our Quarterly Market Report (QMR) since 2005 to help achieve that end. In 2014, we launched our Market Research Center to complement the QMR’s regional focus by providing analysis at the neighborhood level.

The Market Research Center allows you to use the very same data that the North Carolina Mountains MLS makes available to Western North Carolina's professional real estate agents. You will be able to see all Western NC and Asheville real estate statistics and trends. At first glance, this increase in data and tools may appear overwhelming. We'd suggest starting your research by first focusing on a particular community and then considering each of the real estate market metrics and explanations we provide. Of course, nothing can substitute for hands on, professional experience. If you'd like assistance using the Market Research Center or interpreting our Quarterly Market Report, our Associates are uniquely prepared to guide you. Or, email us and we'll gladly provide assistance.

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next steps?

Even if you are not interested in selling in today’s market, with the power of beverly-hanks.com and the over 100,000 users searching for real estate, we’ll keep interested buyers warmed up.

List your property now, and when you are ready to allow showing, the market will be primed. And, if you need to sell now, we will work with all parties to do our utmost to follow guidelines for minimizing risk.

Definition of Terms

  • Median Sales Price = Looking at all available homes from highest price to lowest price, the median sales price is the midpoint. Half the homes are above the median sales price and half are below.
  • Home for Sale = The total number of homes listed.
  • List/sell Ratio = The sales price of a home divided by the last list price, represented by a percentage.
  • Closed Days on Market = The average number of days a property is listed before being closed on by a buyer.