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Asheville Real Estate Market Stats Show Increases

Western NC home for sale

Western NC home for saleGlancing at the April numbers for Buncombe County real estate sales, I was struck by the significant increase in total sales volume for the month. Compared to last year at the same time, sales volume increased a hefty 25%. Now, one month does not make a trend, I understand. But the large increase is worth watching in the next few months to see just what's going on in the Asheville area real estate sales market.

In last month's quarterly report, I noted that the number of units had been shrinking. While there are a few more homes on the market this year at this time than last year, that number can be deceiving as right now 31% of the homes listed as being on the market are actually already under contract. The second piece of data that caught my eye was that the number of units for the same time period only increased 9%, which indicates there was a substantial increase in the average price. Indeed, for this year through April, the average home price in Buncombe County increased 15% over last year.

When I consider all of the statistics together, I come to one general conclusion. If you have been considering listing your home for sale in the Asheville area, this report indicates that this could be the time to do that.  If you've been on the fence, it may be time to act. Greybeard has some good ideas about how to prepare your home for sale. And if you want to speak to a Realtor about how to begin the process, please contact Greybeard Realty. In terms of selling your home in the Asheville area, as the old adage goes, "there's no time like the present."

Asheville Receives Accolades for Retirement

Once again, someone has let the cat out of the bag, with the news that Asheville is one of the top three places in the US to retire. The Motley Fool website announced that Asheville shares the honors with Prescott, AZ and Sarasota FL. For everyone who already lives here in western NC, that does not come as a surprise.

Cited for its temperate yet variable climate, gorgeous surroundings, and cultural offerings, [...]

Prepare to be a Black Mountain Proprietor

So, let’s say you’re already living in Black Mountain or perhaps you’re looking to relocate to the western NC mountains. And perhaps you’ve always dreamed of running your own business. Well, Greybeard Realty has a fantastic commercial property available that could make that wish a reality.

204 Black Mountain Ave in Black Mountain offers excellent visibility from I-40 in a well-travelled area of Black Mountain. With a new roof and numerous upgrades, this corner lot property could be move-in ready. Previously used as a plant store/florist, this building has tremendous possibilities and has a 8’x14’ walk-in cooler. Bring your imagination and your business plan, and come check out this Black Mountain commercial property’s potential.

Black Mountain, often called the front porch of the western NC, has a diverse combination of full-time residents, part-time residents, and vacationers. With its eclectic shops and varied dining options, this small town offers a cultural tapestry unique to the area. Located within 15 minutes of Asheville, Black Mountain is an independent town with its own rich resources. Why not check “owning my own business” off your bucket list? Come visit or contact Greybeard Realty. We may have just the right commercial property for you right here.

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