WALNUT COVE FALL 2025 MARKET REPORT keeping you informed on the community we know best
CLICK TO SEE WHAT’S SELLING IN THE CLIFFS AT WALNUT COVE
1829 BELLA VISTA COURT LISTED AT $5,500,000
8 OUT OF 10 WALNUT COVE PROPERTY OWNERS CONTINUE TO CHOOSE WALNUT COVE REALTY
REAL ESTATE TRANSACTIONS | JANUARY - AUGUST THE CLIFFS AT WALNUT COVE
WALNUT COVE 2025 | MARKET PERFORMANCE REPORT
2025 has been a challenging year for the Asheville area and Walnut Cove real estate, shaped by the lingering effects of Hurricane Helene and a volatile economic climate. Media coverage of the storm dampened buyer and tourist traffic through spring and summer, slowing luxury and second-home sales. Many buyers stayed on the sidelines unless the right opportunity presented itself. Still, the broader market has stabilized, currently performing as a balanced market. Through August, Walnut Cove recorded 21 property sales totaling $42.3M —38% below last year but consistent with pre-pandemic dollar volume. Unit sales, however, were nearly half of typical pre-pandemic levels.
DOLLAR VOLUME BY PROPERTY TYPE (MILLIONS)
HOME SALES
12 homes sold, down from 14, with dollar volume falling 22% to $37.1M.
The average price for homes at $3.09M was down 9% from $3.39M.
The median price rose to $3.21M compared to $2.85M, reflecting more high-end sales.
UNIT SALES BY PROPERTY TYPE
The average $/SF dropped to $638/SF from $690/SF, influenced by a couple of deeply discounted sales and fewer new builds compared to last year.
TOWNHOME SALES
Only one townhome sold - a Village Townhome at $1.795M, which was 100%of the list price and Walnut Cove Realty represented both buyer and seller.
Currently 8 townhomes are listed. Several recent price reductions may spur fall buyer activity.
LOT SALES
AVERAGE PRICE BY PROPERTY TYPE (MILLIONS)
A total of 8 lots sold, averaging $431,875, compared to 18 lots at $560,694 in 2024.
The median lot price rose to $422,500, from $370,000 last year.
Walnut Cove Realty participated in 100% of resale lot sales, representing the seller, buyer or both.
Call us at (828) 684-5151 for a confidential listing consultation and to learn more about our comprehensive, service-oriented approach to selling your property. Walnut Cove Realty continues to lead with 91% participation in home resales. Who you list with matters. Contact us for a confidential consultation.
If your property is currently listed, this is not a solicitation.
TOWNHOMES SOLD
Address
SF
$/SF
Price
16 Village Oak Drive
4,158
$432
$1,795,000
LOTS SOLD
Address
AC
Price
1.9
$725,000
1110 Timberbluff Way
40 Bear Flower Trail
3.01
$570,000
29 Bear Flower Trail
1.08
$450,000
109 Split Rock Trail
1.61
$435,000
105 Misty Valley Parkway
3.76
$410,000
510 CLOUD TOP WAY LISTED AT $9,465,000
56 Hidden Hills Way
0.78
$330,000
645 Walnut Valley Parkway
0.93
$310,000
HOMES SOLD
16 Deep Creek Trail
0.73
$225,000
Address
SF
$/SF
Price
AVERAGE OF SALES
$431,875
1.73
1947 White Tree Trail
6,780
$774
$5,250,000
*Data as of September 1, 2025
359 Walnut Valley Parkway
5,816
$739
$4,300,000
2008 Song Breeze Trail
7,272
$532
$3,875,000
454 Walnut Valley Parkway
4,694
$809
$3,800,000
4 Wood Lily Trail
5,506
$672
$3,700,000
28 Woodtrail Way
4,208
$533
$3,495,000
1821 Bella Vista Court
4,156
$705
$2,930,000
36 RAIN LILY TRAIL LISTED AT $3,995,000
82 RUNNING CREEK TRAIL LISTED AT $1,795,000
122 Powder Creek Trail
4,518
$642
$2,900,000
820 Blackthorne Lane
7,128
$315
$2,250,000
16 Haverhill Way
3,355
$507
$1,700,000
9 Haverhill Way
2,327
$692
$1,610,000
11 Haverhill Way
2,313
$540
$1,250,000
AVERAGE OF SALES
4,839
$638
$3,088,333
1455 FLINT ROCK TRAIL LISTED AT $2,995,000
62 RUNNING CREEK TRAIL LISTED AT $1,795,000
Click here to view Under Contract and Active Listings in Walnut Cove.
WHO YOU LIST WITH MATTERS LIST WITH WALNUT COVE REALTY FOR THE BEST EXPERIENCE W e provide concierge level service and attention to detail including: • Confidential listing consultation and comparative market analysis for your property. • Staging and organizing assistance to maximize your home’s appeal and value. • Award winning photography and videography. • Comprehensive targeted print and digital advertising to attract the best buyers. • Listing options to maximize your privacy. • Secure, proprietary lockboxes accessible only by Walnut Cove Realty. • All showings attended by Walnut Cove Realty agents familiar with the community and membership. • Buyers vetted prior to showings. • Prompt feedback and reporting. • Assistance with repairs and contractors. • Access to the largest network of luxury brokers in the world through our relationship with Luxury Portfolio International and Leading RE.
We have worked with Walnut Cove Realty on numerous real estate transactions. They are extremely knowledgeable on the current market trends. They are also professional and timely with their engagement and communication. The advice and guidance of the Walnut Cove Realty team is always appreciated and trusted.
- Another Satisfied Walnut Cove Realty Client
2024 YEAR END LUXURY SALES (TOTAL LUXURY TRANSACTONS)
510 CLOUD TOP WAY LISTED AT $9,465,000
*This figure represents the cumulative luxury transactions within Western North Carolina by Walnut Cove Realty | Howard Hanna Beverly-Hanks, REALTORS®. Luxury transactions include any listing above $1M.
(828) 684.5151 | INFO@WALNUTCOVEREALTY.COM | WALNUTCOVEREALTY.COM
Page 1 Page 2-3 Page 4-5 Page 6-7 Page 8Made with FlippingBook - Share PDF online