The housing market in Ashville continues to see strong price appreciation, with values up 17.6% compared to last year. Home prices have increased 5.3% in the past month alone. With 14 active listings, inventory is 250% higher than seasonal norms. Transaction volume is up 250% compared to what's typically expected this time of year. A significant 35.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 42.9% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Ashville market with the affordability index at 434.8. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.