07/15/2025
Hello Facebook friends!
✈️ I know that a lot of people in my circle have expressed interest in homes near the Asheville Airport, so I thought a little insight on the market in Arden would be beneficial!
🏠 If you're considering buying a home in Arden, NC 28704, understanding the current market dynamics can help you make informed decisions. Whether you are a first-time homebuyer or looking to move up, navigating the housing market with confidence is key.
⚖️ Currently, Arden's housing market is in a balanced state, with a months of inventory figure at 5.8. This indicates that the market is neither favoring sellers nor buyers, providing an equilibrium where negotiations can be more balanced. For those considering purchasing a home, this balanced market can offer a fair opportunity to find the right house without the intense competition often seen in a seller's market.
📈 Over the past month, the inventory trend has seen a slight increase of 3%, and over the past year, it has risen by 20%. These trends suggest a gradual increase in the number of homes available for purchase, which might ease some of the pressure on prices and give buyers more options to choose from as they make their home-buying decisions.
💸 Homes in Arden are selling for about 98% of their asking price. This means that, on average, buyers can expect to pay close to the listed price, with some room for negotiation. Understanding this can help you plan your budget and set realistic expectations when making offers.
📅 The median days on market for homes is 30, indicating a steady pace. Homes are moving relatively quickly, so while there is time to make thoughtful decisions, it's also important to be prepared to act when you find a property that fits your needs.
🔑 Lastly, the median sold price in Arden is currently $570,000. This figure provides a benchmark for pricing expectations in the area, helping you gauge affordability and compare homes within your budget range. That being said, there is a spectrum of different homes and prices and I'd be happy to work within your budget.
If anyone has any questions or is interested in making that leap to find a home, please reach out to me any time! If you are interested in another area in western NC, I can give you a more detailed insight on that area's current market. Let me know if I can help! 😊