Wednesday, October 31, 2007

Asheville Real Estate Results for October 2007

The Asheville Market continues its slide but prices are holding. The Asheville area had a 60% drop in total sales for the month of October over last year. While that might seem to be a scary number, the average sales price is and the average days on market has remained the same. Listing continue to be on the rise overall and pendings are still down about 60%. Yet houses do sell and in fact there are several with multiple offers. It just means that if you price the house correctly it will sell, if not buyers will look somewhere else. More analysis of October and YTD numbers later.

www.kellerwilliamsasheville.com


Michael

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