How Long Does it Take to Sell a Home in Asheville
From start to finish, what do you need to know about the time frame it takes to sell a home in Asheville. There are a lot of factors that can influence the time to sell, including price and demand. Let’s take a closer look at the general time frames we’re noticing in the city right now.
The short answer to the question is an average of 65 days on the market for homes in Asheville. But there are quite a few factors that influence this timeframe.
Types of Buyers
In Asheville, there are a few kinds of buyers on the market. You may be familiar with the luxury housing market because those are the homes that are showcased on WLOS and social media. But we’ve also seen a sweet spot for the average home buyer. Buyers looking at the $200,000 to $300,000 range are on the market for only days while luxury homes over $1 million can wait for months without a serious offer.
This is part of the reason why it’s so important for Asheville buyers to become preapproved before looking at homes. If a home will sell in days or even hours, you can’t wait to complete the financial process.
Types of Homes
The types of homes and the type of buyers are closely aligned. We already mentioned the luxury $1 million-plus homes as well as the $200,000 to $300,000 range homes in the market, but that leaves a lot in the middle. And when it comes to the majority of Asheville’s neighborhoods, you’ll see a lot in the $400,000 to $500,000 or more range.
Asheville has a wide range of design types from new home developments, mostly down near Arden and scattered throughout the city, to historic homes built in the teens and twenties. The further you get from the city center, the more affordable homes tend to become. However, then you need to account for commute time and other variables in your financial picture.
Mortgage Options
When you work with an independent mortgage lender, you have access to multiple mortgage options as well as the education you need to determine which of your choices are the best for buying a new home in Asheville.
Your choices will depend a lot on the type of buyer you are. A first-time homebuyer may have a very different financial picture than someone who is buying investment properties. Check out the possible products here.
Tips – Sell a Home Faster
If you are selling a home in Asheville and are motivated to make the change, there are a few things you can do to expedite the process.
- Shop around for an agent who uses social media to their advantage.
- Use Facebook and even YouTube to showcase your home.
- Talk to your neighbors about letting their friends know a home is for sale in their neighborhood.
- Offer to leave behind some desirable home furnishings, appliances, or accessories.
- Stage your home’s interior and exterior.
- Make it easy to schedule a showing.
- Review competitive pricing in your area.
We could expand on so many of these tips. If you want to know more about selling your home quickly in Asheville contact GoPrime in West Asheville to talk to real estate and mortgage experts in the Asheville area.
Do you have any questions? Feel free to send us a message.
