August Market Overview
Buncombe’s market remains balanced, with about 6.4–6.6 months of inventory. Homes are going under contract in a median of 46 days (Ruiz) and taking about 106 days from list to close on average (Canopy).
On pricing, sellers are reducing their price by about 3–4% before accepting an offer, and buyers are paying around 96% of the final asking price. Overall, homes are selling for about 92–93% of the original list price.
August 2025 Buncombe Co.
- Inventory: ~6.5 months
- Days to Contract: 46 (median)
- DOM: 46 / 67 (med / avg)
- List-to-Close: 106 days
- Orig. List ~ Sale: ~92–93%
- Price Cut Before Contract: ~3–4%
- Final List ~ Sale: 96%
- Sale Price: $485K / $645K (med / avg)
- Active Listings: 2,100 (+1%m / +60%y)
- New Listings: 477 (-4%m / ~%y)
- Homes Sold: ~285
Sellers
Pricing it right from the start matters more than ever. Well-positioned homes are moving, but overpriced ones are sitting longer and often require reductions. Strategy, pricing, and presentation are everything. Expect about 3–3.5 months from listing to closing.
Buyers
Inventory is improving, giving you more choices, but desirable homes still move in under 7 weeks. There’s some room to negotiate, but being pre-approved and ready to act quickly is what gives you the edge. Once under contract, expect about six weeks to closing.
