The Asheville real estate market remains very strong, especially in the more affordable price ranges. It’s February as I write this, and this is typically the lowest time of year in terms of inventory. Let’s take a look at the current inventory figures.
Now that inventory levels have bottomed out, it’s time to start thinking about the spring listing season. Many sellers are in the process of interviewing listing agents, packing up personal items, and putting the finishing touches on projects to prepare their homes for sale. Historically, listing inventory starts to increase around March and peaks sometime around late summer or early fall. Inventory then drops sharply as pending contracts close and many unsold listings go off the market through the winter.