Allen Tate/Beverly-Hanks Q2 2024 Market Report

BUNCOMBE COUNTY | QUARTER TWO 2024

LIST/SELL RATIO 97% 2023: 98%

HOMES FOR SALE 863 2023: 688

DISTRESSED SALES

CASH SALES 36% 2023: 33%

CLOSED DAYS ON MARKET 43 2023: 38

ACTIVE DAYS ON MARKET

2023: <1% <1%

93

2023: 101

$0-$99,999

$100,000-$199,999

$200,000-$299,999

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

q p

vw

p q p p p

Homes Sold

1

Homes Sold

25

Homes Sold

85

q q p

List/Sell Ratio

113%

List/Sell Ratio

82%

List/Sell Ratio

94%

Days on Market (Active)

NA

NA

Days on Market (Active)

64

Days on Market (Active)

64

q p

Days on Market (Closed)

4

Days on Market (Closed)

52

Days on Market (Closed)

45

vw

Months of Inventory

0

Months of Inventory

1

Months of Inventory

2

$300,000-$399,999

$400,000-$499,999

$500,000-$599,999

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

q q p q

p q q p p

q q p p p

Homes Sold

177

Homes Sold

190

Homes Sold

127

List/Sell Ratio

97%

List/Sell Ratio

98%

List/Sell Ratio

97%

Days on Market (Active)

94

Days on Market (Active)

73

Days on Market (Active)

77

Days on Market (Closed)

49

Days on Market (Closed)

39

Days on Market (Closed)

49

vw

Months of Inventory

2

Months of Inventory

2

Months of Inventory

3

$600,000-$699,999

$700,000-$799,999

$800,000-$899,999

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

p q q p p

p q q p p

p p q q q

Homes Sold

89

Homes Sold

72

Homes Sold

53

List/Sell Ratio

99%

List/Sell Ratio

99%

List/Sell Ratio

98%

Days on Market (Active)

94

Days on Market (Active)

88

Days on Market (Active)

81

Days on Market (Closed)

37

Days on Market (Closed)

40

Days on Market (Closed)

25

Months of Inventory

3

Months of Inventory

3

Months of Inventory

2

LEGEND: Change from 2023 data INCREASE: p DECREASE: q NO CHANGE: vw INSUFFICIENT SALES DATA: NA

$900,000-$999,999

$1,000,000+

Home Values

SELLER'S MARKET

Home Values

SELLER'S MARKET

q q p q p

p p q q q

Homes Sold

37

Homes Sold

126

List/Sell Ratio

98%

List/Sell Ratio

98%

Days on Market (Active)

107

Days on Market (Active)

125

Days on Market (Closed)

47

Days on Market (Closed)

47

Months of Inventory

3

Months of Inventory

5

QUARTER TWO 2024 7

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