November 2025 ⟡ Market Minute
Asheville & WNC Area Market Update ⟡ Buyer & Seller Insights with Annie Blue Pettry
More choices on the table = a more thoughtful market for buyers and a more strategic one for sellers.
November Market Overview
November’s market settled into a fall rhythm. Buncombe County remained balanced, with about 5.6 months of inventory. Homes went under contract in a median of 38 days, and most transactions took roughly 106–115 days from list to close, depending on financing and inspections.
Pricing continued to do the heavy lifting. Homes sold for about 91% of their original list price and 96% of their final asking price, sellers priced right or who adjusted earlier were rewarded with smoother paths to contract. The market isn’t pulling back, it’s clarifying as the year winds down.
September 2025 ⟡ Buncombe Co.
Inventory: 5.6 months
Days to Contract: 38 (median)
DOM: 38 / 68 (med / avg)
List-to-Close: 106–115 days
Orig. List → Sale: 91%
Price Cut Before Contract: ~4%
Final List → Sale: 96%
Sale Price: $485K / $654K (med / avg)
Active Listings: 2,033 (-8% m / +64–72% y)
New Listings: 324 (-35% m / flat y)
Homes Sold: 273
Sellers
November rewarded realism. Homes that entered the market priced for today ~ not spring ~ continued to move, while listings that didn’t saw longer timelines and more negotiation. Strategy, pricing, and presentation remain the difference between momentum and stall. Expect about 3½–4 months from listing to closing.
Buyers
Inventory continues to improve, offering more choices and breathing room for negotiations. Well-priced homes, especially under $500K, are still moving quickly, so getting pre-approved and ready to act fast is key. Once under contract, plan for about 6 weeks to close.
Hot Take: November Made 1 Thing Clear
This market isn’t slowing, it’s sorting. Buyers are still decisive, sellers are adjusting sooner, and deals are happening where expectations meet reality.
Based on information from Canopy MLS and Ruiz Reports for the Asheville Region.