Blog :: 08-2014

Highlights of Asheville Real Estate Market Numbers

At Greybeard Realty, we monitor Asheville market news, always looking for indicators of how the housing market is growing. In the last month, we've seen some very interesting numbers that may foretell of further area growth in the coming year.

Highlights of the Asheville Housing Market

Highlights of the Asheville Housing Market

In the month of July, the number of housing units sold in Buncombe County reached 374 units. This figure surpasses the 362 homes sold in July of 2006 which was the peak for the number of unit sold. While the July 2014 average sales price of each home was a bit below the 2006 high, we see other numbers the lead us to believe those prices may be increasing over the next year as well.

For one example, the Asheville area had the lowest number of foreclosure filings in the last 5 years this summer with less than one in 100 homes going into foreclosure. With fewer distressed sales, prices should begin inching up. In addition, while year-to-date numbers are still slightly below the 2006/2007 peak in total sales volume and average price, both of those figures are up so far in 2014. Total Sales Volume is up 9% over the same period last year while average price is up 5% in 2014 for the same time in 2013. And perhaps the greatest indicator of potential growth in home price and sales volume is the continuation of the shrinking home inventory. From its peak of 3472 units for sale as this time in 2010, the number of units on the market year-to-date for 2014 stands at 2056 homes.

At Greybeard, we understand that one month of numbers do not represent a trend. We also know, however, that as the Asheville housing market continues to show these positive signs, it is reasonable to anticipate that the market will continue to show this strength. To see what's on the Asheville real estate market, browse through our Asheville listings. And please contact Greybeard Realty if you're ready to make a move to the Asheville area.

Wonderful Western NC Home in the Weaverville Market

If you're looking for a gorgeous, 3-bedroom home in a place with small town charm and proximity to Asheville, look at this new Weaverville listing on Buckle Ridge. Located just minutes from Weaverville, this home has hardwood floors, vaulted ceilings, and just about everything else you could want.

Quiet beauty on Buckle Ridge in Weaverville

Quiet beauty on Buckle Ridge in Weaverville

With its master bedroom on the main level, this western NC home could be a great retirement house. The beautiful landscaping around the home makes it an appealing home for any gardener or nature lover. And its location in the culturally rich community of Weaverville make it an attractive home for artists and art lovers alike.

Weaverville, less than 20 minutes from downtown Asheville, is home to an annual art event, Art in Autumn, which brings many area artists and craftsmen together. Whether it's a stroll down Main Street Weaverville or a quick trip into Asheville for its eclectic art scene, the new owners of this home will treasure the home's qualities and its location.

For more information on this property, please contact Greybeard Realty. And please browse through Greybeard's other western NC listings in Weaverville. Tap into your artistic spirit by relocating to Weaverville.

Asheville Receives Accolades as one of the Happiest Cities in US

Admit it. Being in Asheville just brings a smile to your face. Apparently, you aren't alone. Results of Conde Nast's Annual Readers' Choice survey announced this month indicates that Asheville is a top ten choice as the happiest city in the US.

Asheville recognized as special happy place.

Asheville recognized as special happy place.

In addition to citing the friendly people and incredible beauty of the city, the blurb announcing the award also notes the arts, farm-to-table fare and the local beer scene. In receiving the recognition, Asheville joins some other great cities including New Orleans, Telluride, and Charleston. This survey only confirms the data collected in a research study reported in Greybeard's blog that Asheville is a happy place. For those of us who call the Asheville area home, it brings great pride to get some national attention for the special small-town feel that exists here.

For anyone considering Asheville as a relocation spot, we encourage you to come have a look around. See our recent blog on the Asheville spirit and view the video link. For an additional overview, we have a brief description of Asheville on our website. But probably the best way to truly experience the happy phenomenon that is Asheville is to plan an Asheville vacation to see for yourself. Visit Greybeard Rentals to choose an Asheville area rental cabin. If you're ready to consider a move, browse through Greybeard Realty's Asheville listings. We're willing to be that just seeing the possibilities will bring a smile to your face.

See Asheville's Spirit for Yourself

Greybeard Realty tries to convey the special qualities of Asheville and its environs. In our blogs we talk about art, food, and outdoor activities. If you want to hear more of the same message from a variety of people, check out this YouTube video we ran across.

Asheville Drum Circle

Asheville Drum Circle

The video, first aired in 2009, shows the drum circle, a few local galleries and the gorgeous scenery around town. More than that, however, it also has the people of Asheville speaking for themselves about what makes this city so great. We can talk about Asheville's unique flavors, but there's nothing like hearing it from the people who live here.

If you've been thinking about making Asheville home, this video might just be what cinches it for you. And if you're not that familiar with Asheville and want to know more, consider renting an Asheville area rental to try out living here. Or perhaps you've been vacationing here and know it's where you want to settle. Please see our listings for western NC homes for sale. Isn't it time to get into the Asheville spirit?