Asheville Market Insight, August 2025

Greetings!

In market news, August was another month where pretty much all the major markers continued to move in favor of buyers. There’s more inventory, more supply, and average and median sales price are down month to month and year over year. Buyers have a lot more bargaining power now and sellers should know that.

One stat that can help both sides is......lower interest rates. And they are coming down. Buyers like lower interest rates for obvious reasons. But sellers also end up liking them because when interest rates drop the pool of active buyers increases. More buyers equals more demand for homes which in turn means more favorable price and terms for sellers. Of course, sellers are also buyers and so around and around we go.

I’ll see you next month with updates from September. Until then, Cheers!