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10 Years in 10 Minutes - Comparing Boone and Asheville Markets

Pierrette Rouleau, PhD

About Pierrette:  She is the lead broker with the Rouleau Real Estate Group...

About Pierrette:  She is the lead broker with the Rouleau Real Estate Group...

Nov 18 1 minutes read

Top Takeaways from the Data 📊

Both markets were slow after the housing market crash of 2008. They began steadily began picking up after 2010, with significant progress by 2015 - reaching a peak this year.

The Asheville market picked up faster than the Boone market ⤵️  

  • From 2010-2020 in Asheville, days on market decreased by 80%. In the High Country, days on market decreased by 49%. 
  • Meaning homes are selling, on average, 80% faster in AVL and 49% faster in Boone than they were in 2010.

Prices Increased in Both Markets ✨  

  • Asheville saw a 64% increase in the average price per home, while Boone saw a 48% increase since 2010. 
  • Overall, prices in Boone remain higher - although home prices in Asheville are increasing faster.

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