The Market Report – 4th Quarter 2014
Overall, the 4th quarter of real estate sales in Western North Carolina continued the trend of a slightly improving market; especially in the more affluent areas of Asheville and Hendersonville.
The Grove Park area, along with Beaver Lake and Reynolds Mountain show 27% increase in sales price and a 22% increase in units sold.
South Asheville including Biltmore Forest, The Ramble, and Biltmore Park also posted a higher 4th quarter compared to 2013, as did both Champion Hills and Kenmure in Henderson County.
Lake Lure again showed a decrease in overall sales despite the second highest sale on the Lake happening in December. Thankfully, activity has returned to Rumbling Bald Resort, which didn’t record a single sale last quarter and is only slightly down from the 2013 4th quarter.
Click here to read the full report.