In Asheville, performance was better than the national numbers. Sales of existing homes increased by 33 percent in July and by 9 percent in August vs. last year. Median prices declined, however, vs. last year by about 6 percent for the two months, but increased more than 3 percent in August over July. ...Read the full article
In the second quarter of 2011, the median price of homes sold in the county was $193,800, down 6.4 percent from the second quarter of 2010. Half of the homes sold were for less than $200,000. Almost 90 percent were less than $400,000.
The number of homes sold during the second quarter declined 12 percent (compared to the high level of sales due to the home buyer’s tax credit in 2010). ...