athomeasheville.com

Single Family Homes   

Number Sold: 91

Average Sale Price: $299,327

Median Sale Price: $236,000

Average DOM: 114

 Condos

Number Sold: 15

Average Sale Price: $241,385

Median Sale Price: $186,500

Average DOM: 73

Townhomes

Number Sold: 7

Average Sale Price: $280,929

Median Sale Price: $254,900

Average DOM: 167

Source: Search performed in WNC Regional MLS.

Asheville only.

Excludes manufactured and modular homes.

Single Family Homes   

Number Sold: 80

Average Sale Price: $266,565

Median Sale Price: $220,000

Average DOM: 109

 Condos

Number Sold: 27

Average Sale Price: $189,254

Median Sale Price: $157,900

Average DOM: 130

Townhomes

Number Sold: 6

Average Sale Price: $470,758

Median Sale Price: $307,275

Average DOM: 111

Note: The highest sale price for townhomes was $1,350,000; since only 6 sold, this impacted results significantly.

Source: Search performed in WNC Regional MLS.

Asheville only.

Excludes manufactured and modular homes.

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Asheville ranked 13th in 2007 housing appreciation, according to the Office of Federal Housing Enterprise Oversight. The OFHEO House Price Index is based on data from Fannie Mae and Freddie Mac. Visit the following link for the full story from MSN Money:

http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/HomePricesByCity.aspx

Asheville was once again the subject of an article in the Travel section of The New York Times. 36 Hours in Asheville, N.C. was a nice reminder of the myriad things to do in my hometown, and perhaps a primer to refer to when hosting out of town guests. I was delighted to see Root Bar #1 mentioned, a dive in my East Asheville neighborhood that supports local, original music, has an exquisite beer menu, and features a one-of-a-kind sport (root ball) on a “sandy beach” in the back.

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The Federal Housing Enterprise Oversight Office reported Thursday that Asheville area single-family homes had the ninth highest appreciation rate in the nation at 9.4%. The national average was a 1.8% increase. Visit Asheville Citizen-Times for more.

HomeTrust Bank will present The 2007 Doors of Asheville auction this Thursday, November 29th at The Orange Peel in downtown Asheville. Themed works of art from regional artists will be auctioned at this annual community fundraiser. Proceeds will benefit Mountain Housing Opportunities, a nonprofit promoting affordable home ownership. 

When: Thursday, Nov. 29th
6:30 pm - Wine, Beer, Hors d’oeuvres
8 pm - Live Auction
Where: The Orange Peel in downtown Asheville
Tickets: $55 per person, $100 per couple

Information and Reservations: http://www.mtnhousing.org/ or call (828) 254-4030 ext. 110.

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Several historically and and architecturally noteworthy homes will be open to the public in Montford, Asheville’s premier historic district, on Saturday, December 8th, 1-5 pm.

The homes that comprise the tour were all built in the late 19th and early 20th centuries and range in architectural styles, including late Victorian, Queen Anne, and Arts and Crafts. In addition to Richard Sharp Smith designs, the tour includes four homes that have won a Griffin Award for residential rehabilitation from the Preservation Society of Asheville.

Tickets are $20. Tickets are available November 15th at the Chamber of Commerce or online at www.montford.org/tourofhomes.html.

 Visit us on the web at www.appalachianrealty.com