Buncombe County

Spring Events Around Asheville

Check out our guide below to take advantage of all of the eclectic fun and events Asheville has to offer this time of year!

First, here are a few tips to make sure you make the most out of your time. Spring is a beautiful season in the mountains, but remember that the conditions and temperature can be a little unpredictable. To be prepared and stay comfortable be sure to wear layers and plan for rain.

Now, on to the fun stuff!

FESTIVALS

Biltmore Blooms: March 20 – May 24

Countless blooms burst forth in every color imaginable at the Biltmore Estate. You can expect to see orchids of all varieties, multi-colored tulips, and daffodils. As we progress into Spring, you can expect to see irises, roses, and azaleas.

 

 

Downtown First Fridays Art Walks: April-June (5 p.m. to 8 p.m.)

Discover Asheville’s vibrant art scene as you explore 20 galleries within a half-mile radius of the city center. You can expect to see an array of mediums and practices from fine studio crafts to glass, photography to folk art, and contemporary painting to metalwork.

Donut Festival: April 21st

The Donut Festival in Marion, NC will include all kinds of fun activities – from a half marathon to strolling around the various dessert booths, a donut pageant, and donut eating contest – there will be something for everyone’s sweet tooth!

Weaverville Art SafariApril 28-29 (10 a.m. to 5 p.m.)

Explore the art scene in Weaverville! This self-guided tour allows you to go behind-the-scenes with artists at your own pace. Get a sneak peek at the art during the preview party on Friday, April 27 from 6-8 p.m.

Carolina Mountain Cheese FestivalApril 29th (12 a.m. to 5 p.m.)

Come prepared to taste delicious cheeses, meet the cheesemakers and local livestock, and participate in some friendly competitions at this day-long celebration at Highland Brewing.

Downtown After 5: May – Sep

Presented by the Asheville Downtown Association, this event occurs every month from May – Sep and includes a free concert, food trucks, and plenty of beer from local breweries. This popular event attracts about 5,000 people per event so be sure to plan for parking and remember no pups are allowed within the festival grounds.

 

Summer of Glass: May – Oct

Dozens of local glass artists, studios and galleries are creating events and exhibits across the Asheville area in conjunction with the Chihuly exhibition at Biltmore. Among other activities, you’ll have the chance to watch demonstrations of glass blowing, glass jewelry making, stained glass, enameling and working with glass beads.

Asheville Herb Festival: May 4-6

Celebrating 29 years as the largest herb festival in the US and Canada, the Asheville Herb Festival is a great opportunity to learn from growers and herbalists, experience various demonstrations, and take advantage of the various soaps, tinctures, and medicinals that will be for sale.

French Broad River FestivalMay 4-6

Festival features regional and national recording artists a river raft race, and mountain bike race. Spend the weekend along the banks of the French Broad River in beautiful Hot Springs just 35 miles north of Asheville.

Asheville Bread FestivalMay 5-6 (10 a.m. to 2 p.m.)

Experience the newly-revamped Asheville Bread Festival, which offers you the opportunity to work with professional bakers, improve your baking skills and, of course, enjoy delicious breads! This year’s event has a theme of “A Celebration of Rye.” New Belgium Brewery hosts the bread fair event on Saturday with additional workshops and lectures happening around town. Sunday features a Master Class for professional bakers. A pre-festival tour of the Bread Wheat Trial plots will take place Friday, May 4.

LEAF FestivalMay 10-13 

Join together with thousands of music lovers gathered at beautiful Lake Eden in the nearby town of Black Mountain to experience powerful music, art and culture. This 20-year tradition takes place on the site of the old Historic Black Mountain College. The event is headlined by Ani DiFranco, Snarky Puppy and Rising Appalachia.

Montford Music & Arts FestivalMay 19 (10 a.m. to 7 p.m.)

With tree-lined streets and historic homes, Montford Avenue provides the perfect stage for some of the best music, arts and crafts and food trucks together in one place for a one-day event. In this 15th year of the neighborhood festival, more than 20 musical acts will perform continuously throughout the day.

 

Mountain Sports Festival: May 25-27

Celebrate the beauty of the Blue Ridge Mountains with other outdoor sports enthusiasts, gear makers, and adventure companies. In addition to adventurous competitions, this free event also features live music and great food!

Asheville Beer WeekMay 25-June 2

Cheers to this festival, which dedicates nine full days to celebrating all things beer. Taste great local craft brews, pair beers with a smorgasbord of delicious food, and learn about brewing at events around town. More than 40 breweries are on tap to participate. Beer Week closes with the popular Beer City Festival in Pack Square Park (June 2), which celebrates the local brewing industry with taps from dozens of breweries and plenty of live music.

Black Mountain Art by the Tracks: June 2 (10 a.m. to 6 p.m.)

More than 50 fine artists and master crafters join together on Sutton Avenue near the Old Train Depot in historic downtown Black Mountain for this 21st annual juried art show and sale. As you explore the art, you’ll also be able to enjoy live music.

VeganFest: June 8-10

Celebrate the vegan lifestyle at its best with plenty of delicious, healthy, plant-based foods. On Saturday, nationally-recognized experts will discuss the latest vegan trends. On Sunday from 11 a.m. to 6 p.m., enjoy an outdoor festival with more than 75 vendors showcasing vegan food, beer and lifestyle products.

XPand Fest: June 9 (12-9 p.m.)

Expand your vision of all art disciplines during this free outdoor street festival in Asheville’s South Slope Brewery District. The festival is put on by XPand Your Vision, an Asheville-based non-profit organization dedicated to the arts.

THE GREAT OUTDOORS

Apart from the numerous festivals, don’t forget to take in all of the natural beauty our mountain town has to offer! There are countless trails to explore, not to mention that we’re in the perfect place to access many national parks and forests like Great Smoky Mountains National Park, Pisgah National Forest and Nantahala National Forest. The Appalachian National Scenic Trail also runs through Asheville and provides lots of opportunities for single or multiday hikes. When hiking, bring sunscreen and/or bug spray – Western North Carolina is a temperate rain forest, which means you’ll likely experience humidity, varying temperatures, and wildlife.

Lover’s Leap Loop Trail

Lover’s Leap Loop is a moderate 1.6 mile trail that steadily ascends Lover’s Leap Ridge in Hot Springs, NC. Panoramic views of the French Broad River and the town of Hot Springs make this a major attraction for hikers and visitors to the area. To access this trail from downtown Hot Springs, follow 25/70 East for .5 miles before turning left onto Silvermine Road. Take the first left to continue following Silvermine Road. Just past the bridge, you’ll see a trailhead for the Silvermine trail. Continue walking down the road, passing the Silvermine Trail, and get on the Appalachian Trail, which is marked with white blazes.  Once on the trail, markers indicating Lover’s Loop will be easy to spot.

Hickory Nut Gorge

This 6.2 mile out and back trail sits at 927 feet and is rated moderate.  Hikers can expect to see beautiful native flora and fauna all along the trail.  To access this trail from Black Mountain, head southeast on Montreat Road toward E State Street. Merge onto NC-9 S and continue on this road for about 15 miles before turning Left onto Shumont Road. The trail head will be located on your right.

Bald Knob Ridge Trail

Bald Knob Ridge Trail is 2.8 miles up a ridge before reaching a summit which offers breathtaking and expansive views of the Black Mountains. Though the switchbacks on this moderate trail provide for a difficult ascent, the sight from the top is well worth the effort. To get to this hike from Downtown Burnsville, follow directions to Briar Bottom Trail. Instead of pulling in to the parking lot on Forest Service Road 472, continue on until you pass the Buncombe Horse Range Trail Sign.  Bald Knob Ridge Trail is marked with a trailhead sign.

Mt. Pisgah

With 360 degree views, this 1.5 mile loop affords great views of downtown Asheville and surrounding peaks. Located in Pisgah National Forest, you can access the trailhead from the Blue Ridge Parkway.

Western North Carolina is also home to countless waterfalls so be sure to allot some time to go waterfall hunting. There are a variety that are easily accessible within a short walk from the car. Looking for more of an adventure? Don’t worry, there are also plenty of waterfalls that require a decent hike to get to – the end result is always worth the effort. Dip your toes into the cool waters at the base or on a really hot day go for a swim. Just keep a few things in mind to hike safely: since the rocks surrounding a waterfall are often wet, they’re usually slippery too, so don’t climb, swim or hike on, around or over a waterfall. The best time to visit is usually not after a recent rain: a high-volume waterfall can be dangerous and loses some of its picturesque beauty anyway.

Looking Glass Falls                                                                                

Easy, dog-friendly hike just off of the Blue Ridge Parkway near Brevard. Sliding Rock, Moore Cove Falls, and Pink Beds are also in the area so if you’re going to be South of Asheville be sure to stop and see these beautiful wonders.

Dry Falls                                                                                                               

At barely a quarter mile, roundtrip, it’s more of a roadside attraction than our conventional definition of a hike. But it’s really, incredibly beautiful. The Dry Falls Trail wraps behind the 65′ waterfall, offering a unique behind-the-falls waterfall view.

Whitewater Falls                                                                                                 

It’s not a long hike. But at just over a half mile, round trip, this hike packs a ton of scenic beauty into a short stretch of trail. Hike to two overlooks on the trail to catch views of Upper Whitewater Falls as it tumbles and cascades more than 400 feet. It’s the highest waterfall in North Carolina, and simply stunning.

Rainbow Falls

Rainbow Falls is 3.6 miles round trip. The falls tumbling down over a towering, 150-foot cliff in a single, dramatic drop. Hike this trail from Gorges State Park near Cashiers, NC to a series of spilling falls on the Horsepasture River and abundant summertime wildflowers.

Bridal Veil Falls                                                                                                  

This outstanding hike at DuPont State Forest visits an enormous cascade deep within the park, scoring some serenity at one of DuPont’s lesser-visited (but ultra-beautiful) waterfalls. Hike across a covered bridge over the towering High Falls, visit the banks of the glassy Lake Julia, and then view the unique drops, veils and tendrils of Bridal Veil Falls from a viewing platform and the blocky outcrops at the base of the falls.

Don’t forget about the many activities Asheville has to offer year-round:

Asheville Urban Trail                                                                                 

Considered to be a ‘museum without walls’ the Asheville Urban Trail is a must-do for art and history lovers alike. This 1.7 mile trail takes you through the streets of downtown Asheville where you’ll experience Asheville’s history as told through 30 stops. Each stop boasts a public sculpture that functions as a landmark on your tour.

Asheville by Foot                                                                                               

This guided tour will take you through downtown Asheville and focus on the diverse architectural history and styles and of area. Experience the impressive array of buildings and experience the city through a historical lens.

Biltmore Estate                                                                                                  

The 8,000 acre Biltmore Estate has an array of activities for the whole family including exploring the largest home in the United States, tasting the estate’s own brand of wine at the winery, enjoying the famous gardens, going horseback riding, and many others!     

Here is a list of resources to keep you up-to-date:

Romantic Asheville

Ashvegas

Mountainxpress.com

Reddit.com/r/asheville/

Explore Asheville

Asheville

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Real Estate Market Report for 2017

What a great year for DixonPacifica Real Estate and the WNC housing market! Our market built upon a strong 2016 and we continued to see improvements in median sales price and price per square foot. We’ve rebounded well above pre-crash levels.

In Asheville, the median sales price rose to $290,000, a 7.4% improvement over 2016. In December the price per square foot for single-family homes pushed to $204, the first time it’s been over $200 all year. In several other categories the Asheville numbers are flat to slightly down due to limited inventory. Closed sales fell 2.3% and days on the market were down 1.8%.

In Buncombe county the median sales price increased to $275,000, a 8.6% improvement over 2016. In December the price per square foot for single-family homes climbed to $182. Like Asheville, the Buncombe numbers in other categories are slightly down. Closed sales fell 2.2% and days on the market were down 4.9%.

Our outlook for 2018 is that the number of sales will continue to slip which will push the price per square foot higher. Inventory availability is a challenge across the nation and we are not immune. There are new construction homes coming to the market across WNC, but we believe demand will outstrip supply, especially in the hot in-town neighborhoods. Over the last few years developers have been building on any in-fill lot available and usable land is becoming expensive. That said, we do see opportunities for buyers. If you are willing to remodel and update it’s possible to find quality homes in the most popular areas. And, lenders are becoming more aggressive on rehab loan products. Real estate is local, if you would like more information about a specific neighborhood we’re more than happy to help.

All of us at DixonPacifica would like to thank our clients, partners and other Brokers for helping us see amazing growth in our number of transactions and sales volume. We appreciate the trust you put into working with our outstanding group of Brokers, and look forward to many great things for all of us in 2018.

 

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Market Report for June 2017

Days on the market shrunk significantly from May to June, as is traditional in our market, with the change in average price continuing to show double digit growth over last year. Despite a large number of sales, more inventory has come to the market, as we predicted, giving us a slightly larger supply of homes than last month. The hottest market segment in Buncombe County has dropped $5o,ooo, though the median sales price is up slightly since last month.

So, what’s in store for the rest of the summer? We saw a slow down during the July 4th holiday weekend and predict the market will continue to cool off as the summer gets hotter and school starts back. This should mean slightly lower list to sales price as demand is slightly less, and months supply of homes and days on the market should continue ticking up incrementally, which will indicate a healthier and more steady rate of growth in the Asheville and Buncombe County markets.

Buncombe County Market Report

Market Report June 2017 - Buncombe County

Asheville City Market Report

Market Report June 2017 - Asheville

If you found this data helpful and would like a more detailed look into a specific neighborhood or zip code, contact one of our agents or call the office at (828) 232-4030. We are happy to provide you the information you need to Move Smarter.

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Market Report for May 2017

The hottest market segment continues to hold steady at $400-499k. This is due, in large part, to the significant (though less drastic than April) change in average price. Many potential sellers aren’t listing their $300-399k homes despite the increase in value because the homes in the $400-499k range have increased at the same percentage. As you can see, this short supply is also pushing down the months of inventory and days on the market quite significantly over last month and last year. We are regularly seeing homes go under contract on the first day with multiple offers over asking price. We expect similar buying conditions but a larger supply of homes next month as schools let out and summer moving season begins.

Buncombe County Market Report

Market Report May 2017

Asheville Market Report

Asheville Market Report May 2017

For more information about our local markets, feel free to reach out to our agents by email or call our office at (828) 232-3040. We aim to ensure you have all the information you need to Move SmarterTM and make the best buying and selling decisions.

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Market Report for April 2017

Buncombe County Market Report

Market Report April 2017

Asheville Market Report

Market Report April 20172

If you’d like additional information about this data or want a more in-depth look at a specific neighborhood, contact one of our agents or call us at (828) 232-3040. We’re always happy to equip you with the knowledge you need to make the best real estate decisions.

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Market Report for February 2017

The February numbers are in and much of what they have to say confirms our 2017 predictions. Median sales price is up significantly over last year and can be explained by the continued trend of low inventory.

Asheville Market Report

Asheville Real Estate Market Report February 2017

 

Buncombe County Market Report

Buncombe County Real Estate Market Report February 2017

To see what the numbers look like in your neighborhood, our agents are happy to provide a more in-depth analysis.

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Market Report for January 2017

January saw predictably steady market growth with a slight increase in average list to sales price as well as a slight decrease in months of inventory. However, there was a significant uptick this month in change in average price. This reflects the greater volume of homes sold in a higher price bracket than in previous months more so than individual home prices drastically increasing. We believe the trend of greater sales in higher price brackets will continue this year as more people move into the Asheville-Buncombe market from other markets.

Asheville City Market Report

Market January Asheville2

Buncombe County Market Report

Market January Buncombe

Our agents would be glad to give you more information about our market as a whole or your individual neighborhood or area of interest. Send an email or give as a call at (828) 232-4030 and we’re happy to give you more insight into current trends.

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Market Report: 2016 Year in Review

Compared to last year, home prices in the NC Mountains MLS service area increased 9.1%. Buncombe County experienced a 10.2% increase and Asheville 13.7%. Buncombe County’s median price is currently $253,400 and Asheville’s is $270,000.

Median Price 2016
Buncombe County Median Price

The average person stays in their home for five years. If you purchased a $250,000 home in the Asheville area in 2011, the Federal Housing Finance Agency’s housing price calculator says your home would be worth $308,724 at the end of 2016, which is a gain of 23.5%.

Closed Sales Graph
Buncombe County Closed Sales

Closed sales increased 6% over the previous year. Buncombe County and Asheville accounted for a high percentage of sales increase in 2015, so while sales still increased they were lower as a percentage to other neighboring counties. Buncombe County experienced a 2.3% increase in sales during 2016.

Days on the Market Graph
Buncombe County Days on the Market

A good sign for our market is that sales may have been higher if not for the lack of inventory. We have plenty of buyers looking for homes, but they are struggling to find the right property. The availability of active listings was down year-over-year in 2016 by 1.6%. One thing we are watching carefully is if low home supply is a drag on the number of sales in 2017. Buncombe County and the city of Asheville have the lowest supply of inventory in the entire MLS. Currently Buncombe has 3.2 months supply and Asheville 2.6 compared to the WNC MLS average of 5.4 months. Four to five months is typically considered healthy.  The good news for sellers in this scenario is supply vs. demand will continue to push prices higher.

One word that’s almost vanished entirely from our real estate vocabulary is “distressed.” For the last few years distressed homes, foreclosures and short sales, were an everyday reality in our market. In 2016 the percentage of distressed sales fell 24.2% and made up only 1.4% of total sales.

Market Predictions Header

Looking towards the remainder of 2017, we believe several things will impact our community’s real estate. With the stock market hitting new highs, many investors could look for portfolio diversity in real estate. Since our market is a hot vacation destination, those dollars could find their way here. Experts believe Baby Boomers may take profits from the stock market and buy real estate they can rent and enjoy personally in their retirement. Boomers are expected to make up one-third of all buyers this year.

Another positive is our region’s economic strength. With Buncombe County’s unemployment rate the lowest in North Carolina and our tourism numbers consistently rising, our region’s economy should remain strong for the foreseeable future. Our economic fundamentals are strong so housing prices should remain stable even if geo-political situations arise or interest rate increases put pressure on the market.

All data sourced from North Carolina Mountains MLS (January 2017)

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Market Report for December 2016

The market trends we saw in December strongly reflect the larger market trends for our area. While there were fewer new listings and closed sales overall, the sharp increase in median sales price in Buncombe County as well as the significant decrease in month supply of homes in Asheville and Buncombe County indicates that the market is “hot.” Fewer days on the market until sale and fewer days between list and close compared to last December further support this conclusion. Check out the data below for a more targeted look at our local markets.

Asheville City Market Report

Market December 2016 Asheville

Buncombe County Market Report

Market December 2016 Buncombe

If you’d like additional data about our market in general or even a specific neighborhood in the area, we’re happy to help. Send one of our agents a message or give us a call at (828) 232-4030. Happy New Year!

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Market Report for November 2016

November is typically the slowest month of the year in the real estate industry. Clients find it challenging to make time for house hunting and keeping the home they’re selling pristine for showings during the holiday season. Because there are fewer sellers in the market, the months supply of homes is at the lowest it’s been this quarter, which means those sellers who do decide to list homes in November have less competition. We also saw that without as much inventory to choose from, the average days on the market ticked back down. That said, buyers don’t have it so bad either: the average sales price and the YOY change in average sales price is the lowest this quarter.

Asheville City Market Report

market-asheville-november-2016

Buncombe County Market Report

market-buncombe-county-november-2016

For more information on the Asheville real estate market, you can check out the reports for October, September, and August or give us a call at (828) 232-4030. We’re happy to go in depth about the trends we’re seeing generally or more specifically in your area of interest.

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