Get the Quarter Two 2023 Market Report for Western North Carolina

See the latest real estate market trends for the area.

WNC Market Report

Walnut Cove Realty is thrilled to share the second quarter 2023 results for WNC real estate.

What you'll find inside:

  • An executive summary of the region's market conditions
  • Community outreach
  • mapAsset 18
    Market reviews by county
  • Luxury market review
  • Lots and acreage review
  • New home communities
  • Mortgage review
  • Market share

Get exclusive local market data.

Use this guide to access the latest information about Western North Carolina's real estate market. Inside, you'll find the facts and figures you need to inform future home purchases and sales.

A few high-level insights—at a glance:

A limited supply of homes has supported prices.
The overall median home sales price increased 4.5% over the second quarter of last year and is up 2.4% in the first half of this year.
Yet Blue Ridge luxury buyers have more options.
More luxury homes are for sale despite wider supply limitations, and confidence in the market remains strong as economic concerns soften.
New construction is booming in WNC.
Single-family construction starts rose for the fourth consecutive month, jumping 18.5% in April.

Get critical market data to keep informed about your investments.

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WNC market report on tablet