Asheville home sales, prices slump

Asheville — EDITOR on April 25, 2008 at 8:22 am

Buncombe County existing home sales dropped dramatically again in March, and the average price of a home sold, which has risen during much of the current housing slump, fell significantly.

According to figures from the N.C. Association of Realtors, there were 221 county homes sold through the Multiple Listing Service last month, 27.3 percent fewer than in March of last year. The average price fell 10 percent to $265,797.

Click here for the article in the Asheville Citizen Times


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