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Reading the Asheville market
Asheville is the biggest and busiest market in our part of the mountains, and the most varied. It has historic in-town homes, newer neighborhoods, condos downtown, and estates with long-range views, sometimes within a few miles of each other. Neighborhood matters more here than almost anywhere else nearby. Two homes a mile apart can live and sell very differently.
This report covers all of Asheville's residential zip codes: 28801 (downtown and Montford), 28803 (Biltmore Forest, Biltmore Park and South Asheville), 28804 (North Asheville and Grove Park), 28805 (East Asheville and Haw Creek) and 28806 (West Asheville). Whether you're looking in town or out toward the edges of the city, it's all here in one place.
The tables below update automatically from the MLS. When you look at them, compare what's for sale against what has actually sold. Asking prices tell you what sellers hope for, and sold prices tell you what the market is paying. That gap is where negotiation happens. Days on market matter too. A home that has been sitting tells a different story than one that just listed.
Buyers should look past the average and focus on the specific area they're considering. Sellers should price off real sales, not what the neighbors are asking.
If you want help reading this report for a specific neighborhood, I'm a phone call away. Let's get you home.
