GreyBeard Realty and its all-local broker team are hosting a Black Mountain Tour of Homes Open House event that features over 10 Black Mountain and Montreat listings on Sunday, August 24th, from 2-4 p.m. Get a glimpse of a variety of homes for sale, from adorable one-bedroom bungalows in the heart of downtown Black Mountain to upscale [...]
When purchasing property, acreage is a versatile amenity because it gives you endless opportunities to customize, grow, and develop. In Western North Carolina, acreage also equates to serene spaces where you can enjoy the beauty of the rugged mountains, pristine lakes, and lush woods that characterize our [...]
It’s been two weeks since Hurricane Helene barreled through our mountains and pushed rivers, creeks, and streams to historic heights. Our hearts go out to our neighbors throughout Western North Carolina facing unspeakable loss. GreyBeard is a locally rooted company, and we felt the storm’s impact on a personal level. In the wake of [...]
If you've spent any amount of time considering listing your Black Mountain home for sale, it is not uncommon for sellers to feel the process is daunting at first. Should you renovate your home before selling? What kind of prep work is required? With all the other homes on the market, how do you ensure yours stands out online and offline? [...]
Welcome to Biltmore Park, a vibrant and charming community nestled in the heart of Asheville, North Carolina. As a potential homebuyer, you may be wondering what makes this neighborhood so special. Well, prepare to be intrigued as we take you through a virtual tour of this [...]
Hindsight is 20/20, and with 2022 in the rearview mirror, the climate of the Western North Carolina real estate market is becoming clearer as we kick off the first quarter of 2023. In 2022, we began to see increasing signs of an overheating market that was beginning to cool amidst the backdrop of sharply rising interest rates – not to [...]
As we move through the summer months, we find ourselves on the other side of the 2nd quarter real estate numbers. While our first quarter numbers told the story of a real estate market that was bursting at the seams, the real estate market has only intensified as spring transitioned to the summer.
In Buncombe County, as a whole, the average closed price increased from $378,708 to $482,261—a 27% increase. The closed price to the original list price has been over 100% for the past two months and is sitting at a very strong 98.8% year to date. It’s very much a red hot seller’s market and properties are selling very close to list price and beyond as multiple offer scenarios are a regular occurrence. Days on market decreased from 62 days in 2020 to 43 days on market in 2021. Inventories have decreased an astonishing 52% from 2020—a decrease of 1,209 homes in 2020 to 581 in 2021.
In a similar vein, the Black Mountain real estate market average sales price increased from $316,971 in 2020 to $438,800 in 2021—an increase of 38%. Year to date, the number of homes sold through June 2021 totaled a 56% increase, or 139 homes compared to 89 in 2020. Sales to list price year to date in Black Mountain is also at 100%.
The Asheville area market is a reflection of supply and demand at the core. Demand is far exceeding supply and continues to drive the elevating prices. The only softening the market is experiencing compared to last year is that the number of new listings has increased 12.2% compared to the same period last year.
Time will tell what the market will do next, but for now, the market’s story centers around a high demand for Asheville area real estate amidst a tight supply, elevating prices, multiple offer situations, and very quick transitions from listing to closing for home sellers.
Contact us with any questions you may have.
Greybeard Realty welcomes commercial real estate broker Bill Roberts to its Black Mountain office. Bill, who has spent the last two decades in commercial real estate, brings not only an expertise in commercial real estate development but a strong commitment to his community and western NC.
Originally from Memphis, Bill relocated to western NC in 2012 and immediately put his commercial real estate skills to work in the area. In addition to property sales, he has handled leasing and management assignments for property owners and land for development. Also, Bill has represented numerous tenants in buying and leasing commercial properties. In particular, Bill enjoys working as an advisor to investors and tenants in determining the best site location and configuration for their businesses. He provides viable alternatives and information that allows his clients to make an educated decision in their own time.
“Greybeard is fortunate to have someone with Bill’s commercial real estate expertise join our team,” explains Chip Craig, Greybeard Realty and Rentals president and founder. “Bill brings with him not only his real estate acumen but his commitment to the local community as well.”
Bill, his wife, Cameron, and daughter, Willa, make their home in Montreat, and Bill continues to be very active in the local community. Bill served as board chair of the Boys and Girls Club of Greater Memphis, presently is a board member with Youth Villages of WNC, and sits on the Planning and Zoning Committee of the Town of Montreat.
Bill and his family enjoy the strong sense of community and friendship that Black Mountain and Montreat provide. Working with Greybeard allows Bill to continue to be active in the community where he lives and now works. When not working on commercial estate projects, Bill enjoys spending time with his family, hiking local trails, and working around his old Montreat home and yard.
Bill joins the more than 25 Greybeard Realtors who work at Greybeard Realty and Rentals, which celebrates its 20th anniversary this year. See here Greybeard Realty's exclusive listings for residential and commercial properties. In addition to its original Black Mountain office, located at 204 East State Street, Greybeard Realty has additional offices in Asheville and Old Fort. For more information, please contact Greybeard Realty at 828 669-1072 or on line at greybeardrealty.com.
Greybeard Realty announces the addition of Amanda Berryhill as their newest broker. Realtors need to manage multiple details simultaneously, and Greybeard Realty’s newest real estate agent, Amanda Berryhill, has a strong history of success in that area, from many facets of her [...]
If Swannanoa Valley sunrises and sunsets are on your must-have list, then you need to check out 14 Red Plum Lane in Black Mountain. This four-bedroom, three-bath semi-detached villa provides incredible colorful views of the magnificent valley. At the same time, it offers easy proximity to downtown Black Mountain and all it has to offer.
The main floor of this home, easily accessible by a one-step entry, features incredible sunlight through spacious windows and mountain charm with special touches like a stone fireplace. The natural flow from foyer to living room to sunroom, dining and kitchen areas make it a perfect home for entertaining. And the exquisite view from the deck will keep new owners outside watching the changing colors for hours at time. A two-car garage has custom built storage, and a three-car garage has a family rec room/workshop, providing ample space for storage and family time space. There’s also an acoustical media room with hardwood floors and custom cabinetry. Outside, there’s a gorgeous garden with roses and numerous budding trees including a Kousa dogwood, a Franklin tree, and a redbud. All again, all of this is within a five-minute drive of Black Mountain.
New owners at 14 Red Plum can use this lovely home as their primary residence, a second home, or a rental property. And regardless of its use, this home allows residents easy access to town. Black Mountain, with its small town feel with big-time amenities, provides an incredible array of restaurants, coffee shops, and bakeries. In addition, this charming town features numerous shops and various galleries. And if you’re more about the outdoors, you will find some of the most beautiful, varied hiking trails in all of western NC an easy distance from downtown Black Mountain.
For more information about this home, please contact Greybeard Realty. You can take a look at more western NC homes for sale by looking here. And if you have a home you’re ready to list, you can look on the Greybeard sellers page to get some tips on how to make that happen. The warmer weather of summer makes a great time to spend time out on the deck, watching the sun set. Isn’t it time you had a home that let you do that?
