August 2025 MLS REPORT
The High-Country Real Estate Market, which consists of Alleghany, Ashe, Avery, and Watauga counties, saw 204 closings on single family properties including condo/ townhouse properties during the month of August with a combined closing total coming in at $136.1 million for the month. That combined median sales price for the month was $485,250.
Nationally: Buyers are starting to take notice as more homes are finally hitting the market. As existing home sales rose 2% in July from the previous month, while inching above last year’s pace, home buyers can take advantage of the largest inventory of homes for sale in years, according to the National Association of REALTORS ®.
“Home buyers are in a good place to negotiate for a better price, in more than five years,” says Lawrence Yun, NAR’s chief economist. The number of For Sale signs is up nationally by approximately 16% over last year’s levels. In addition, with the combination of rising inventory and slower price growth, buyers may have the power to negotiate more than they had in years.
As Inventory Rises, Home Buyers Are Seeing Opportunity
INVENTORY: Alleghany, Ashe, Avery, and Watauga Counties had 1,091 active single-family and condo/ townhouse listings during August 2025, with an additional 295 new listings during the month.
LAND: Alleghany, Ashe, Avery, and Watauga reported sixty-seven land sales during August, with the median land sales price landing at $70,000, which was down by 28.6%. Yet, land sales closed at 67, reporting a 36.7% increase in sales. There were 1,393 active land inventories, with an additional 166 new listings, resulting in a 20.9-month supply of inventory for August 2025, up 4.4% from July 2025.
COMMERCIAL: There were forty- seven active commercial properties listed in the High- Country Multiple Listing service during August 2025, which is by a small amount compared to July 2025. Yet, there were five commercial listings sold in the month of August 2025 for all four counties combined.
Alleghany County: Realtors closed on twenty-one residential sales in August 2025, which showed a significant increase in sales of 133.3% from July 2025. The county’s median sales price for August 2025 was $277,500, which was down 13.3% compared to July 2025. There are currently 88 active residential listings, down 3.3% from July 2025, with twenty-seven new listings. There were ten land closings in August 2025 with a median sales price equaling $62,500 for the month. There were 246 active land listings and 17 new listings in Alleghany County for August 2025.
Ashe County: Forty-six closed residential sales in the month of August 2025, which was up 35.3% since July 2025, with median sales price reported at $407,000, up by 5.7% compared to July 2025. In addition, there were 205 active residential properties in Ashe County, and 62 new listings, down by 3.1% compared to the month of July 2025. Yet, there were 46 closed residential sales, which was a notable increase of 35.3%. There were twenty-four closed property sales reported in August 2025. Therefore, the median sales price reported at $59,500, with 339 active listings, and 48 new listings, which are down 7.7% for Ashe County in August 2025 compared to last month.
Avery County: Forty-one residential properties closed in Avery County in August 2025, which were up by 25.6% compared to July 2025. The median sales price was $565,000 for August 2025, which was up 25.6%. Furthermore, there were 340 active residential properties in inventory, with seventy- one new listings, which were down 11.3% in August 2025. There were 340 active residential properties in inventory, with fourteen closed land sales in August 2025, which reported an increase of 75.0% from July 2025, with a median sales price of $145,000, which represents it being up by 41.5% compared to July 2025. Moreover, there are 324 active listings in inventory, and 49 new land listings in Avery County in July 2025.
Watauga County: Watauga closed at ninety- five residential properties sales in August 2025, which is up by 6.1% from July 2025. The median sales price reported up by 6.1% at $599,000. In addition, there were 469 active residential properties in inventory, and 135 new listings in August 2025, with a decrease of 10.6% from July 2025. Yet, there were nineteen land closings reported for August 2025, up by 46.2% from July 2025. The median sales price was shown at $85,000, which was down 26.1% from July 2025. There are currently 484 active listings in Watauga County, with an additional 52 new listings in August 2025.
Disclaimer: Figures are based on the High-Country Multiple Listing Service information. Data is for informational purposes only and may not be accurate due to MLS reporting processes. This data reflects a specific point in time and cannot be used in perpetuity due to the fluctuating nature of markets.
Report graphics generated from Domus Analytics pulled from the HCAR Web API feed. HCAR Realtor® members can access these detailed and customizable reports and graphics for professional use by logging into the HCAR dashboard. A public graphic is available on our website homepage at highcountryrealtors.org.