Allen Tate/Beverly-Hanks Q2 2024 Market Report

BUNCOMBE COUNTY SALES BY PROPERTY TYPE

SINGLE-FAMILY RESIDENCE 845 2023: 817

CONDO/ TOWNHOUSE 137 2023: 152

LOTS (0–10 ACRES)

ACREAGE (10+ ACRES)

152 2023: 85

2023: 12 13

HOMES SOLD

HOMES FOR SALE

Year Over Year +25%

1

$0-99,999

25 85

$100,000-199,999

$200,000-299,999

177 190 127

$300,000-399,999

$400,000-499,999

4

$0-99,999

$500,000-599,999

7

$100,000-199,999

89 72 53 37

$600,000-699,999

51

$200,000-299,999

$700,000-799,999

113

$300,000-399,999

$800,000-899,999

146

$400,000-499,999

$900,000-999,999

115

$500,000-599,999

126 TOTAL: 982

$1,000,000+

89

$600,000-699,999

65

$700,000-799,999

MEDIAN SALES PRICE $ 510,145

44

$800,000-899,999

39

$900,000-999,999

190 TOTAL: 863

$1,000,000+

SALES PACE

Homes Sold per Month

265

229

54

Days on Market

162 2014

2024

2019

LOTS

ACREAGE

p p p q q

p q p p q

Parcels Sold

152

Parcels Sold

13

Avg Sales Price (Per Lot) Days on Market (closed) Days on Market (active)

$202,323

Avg Sales Price (Per Acre) Days on Market (closed) Days on Market (active)

$12,774

216 400

216 364

Months of inventory

10

Months of inventory

24

ALLENTATE.COM/WNCMARKETRESEARCHCENTER

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