May
15
April 2012 Greensboro Home Sales Report
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro, Greensboro Market Report, Marketing Reports
With so much mixed information on real estate from both the national and local levels, I wanted to focus on what has been happening with Greensboro home sales. The following charts and data are on Greensboro Single Family Homes so that means condominium,townhomes, land, multi-family and commercial are excluded. This Greensboro Home Sale data was pulled from the Triad MLS on May 9, 2012 and focusses on numbers from April 2012.
Greensboro Active Homes For Sale: 1893
The number of homes for sale has risen slightly since the beginning of the year from 1862 units or about 2%. This is about 1% up from the number Greensboro homes for sale in March of 2012 of 1876 units. Compared to April 2011, the number is down substantially from 2562 units or 26%. This decrease in supply is good news for home sellers.
Newly listed Greensboro Homes for Sale: 382
Another good nuumber for homes sellers is the number of homes newly for sale in April 2012 is down 10% compared to April 2011′s number of 424. This number is also down about 2% of last month’s number of 391 homes coming on the market of March 2012.
Greensboro Homes Sold: 191
10% up from April 2011′s number of 173 and 6% down from last month’s(March 2012) of 202 homes shows the number of homes being sold is better than stable with the year to date(January-April) number for 2012 of 638 homes is 7% to the plus side of 2011 ytd number of 596.
Months Supply of Inventory: 9.6
This number is calculated by taking the number of active homes for sale on the last day of the month (1581 homes) and dividing it by the number of homes that went under contract during the month (165). Again, a 14% improvement compared to April 2012′s number of 11.1 but a slight increase from March 2012′s 7.2. The year to date (January-april) average is 8.2 months supply of inventory.
Greensboro Homes Pending: 165
Though this month’s number is down 21% compared to last month’s 209 units and down 17% from last year’s April of 199, this may only be a blip as the 2012 year to date number of Greensboro homes going under contract of 755 units is 8% higher than 2011′s 697.
So, mostly positive news for Greensboro’s single family homes sales this month. Is this a sign that the market has turned around? Drum roll…it is hard to tell. There still is a debate on the number of foreclosures that have not hit the market or not yet acquired by the banks that may or may not come on the market soon. Also, with 1893 single family homes for sale and 191 closings in April that is only about 10% of the homes closing in that month. So,for every 100 homes on the market 10 closed or 1 out of 10 which is an astonishingly low number.
But what is a bad market for sellers is a GREAT market for buyers. Interest rates are at an all time historic low and the choices a buyer has is at a high. Bottom line…now is the time to buy.
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Apr
8
Ridgewood Swim and Tennis Club Swim Team Sign-Ups Tomorrow!
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro, Regional News, Ridgewood, Greensboro, NC, Things To Do
We were thrilled to see the signs go up for the Ridgewood Swim and Tennis Club Swim Team Registration. They will be held tomorrow, Saturday, April 9th from 10-2 at the Ridgewood Club.
Ridgewood Swim and Tennis experienced a decrease in appearance and services over the winter months. But with new owners at the end of March, there have been many improvements. We have seen some improvements in the landscaping and some activity on the tennis courts, as well. There are rumors that cable will be restored to all of the televisions soon.
Ridgewood Swim and Tennis sits in the heart of the neighborhood of Ridgewood, located just north of Greensboro city limits in Guilford County, NC.
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Apr
8
Greensboro Home Market Report
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro, Greensboro Market Report, Marketing Reports
Greensboro, NC Real Estate Home Report:
The Greensboro Home Market Report for this month requires a thorough and careful review. When comparing First Quarter 2011 to First Quarter 2010, there was virtually no change in the number of homes sold. However, during the Spring of 2010, the market was boosted by the Federal Home Buyers Tax Credit. We have not had the benefit of that program in 2011 but the total sales are almost at the same level. However, if you only compare March 2010 to March 2011, the statistics look a little glum. Check out the details below.
The following Greensboro, NC housing data was retrieved from the Triad MLS on April 6, 2011 and focuses on Greensboro, NC Single Family Real Estate Home Sales for March 2011. Check out the data below for all the details:
Active Homes for Sale:
- The number of Greensboro Single Family homes for sale: 2,187
- Median Price: $158,500
- Average DOM (Days on Market): 151
Comments: The number of active homes for sale is down 21% compared to March 2010 but is 5.5% higher compared to February 2011.
Report of Greensboro homes for sale
The number Greensboro Single Family Homes listed for sale (new listings) in March 2011: 425
- The month before (February 2011): 342
- Last year (March 2010): 620
Comments: The number of homes newly listed has decreased by 31% compared to March 2010 and has fallen 24% compared to last month. As less new listings are becoming available, less homes are available for purchase.
Detailed Report of New Properties Listed
Pending Homes for Sale:
The number of Greensboro Single Family Homes under contract: 225
- Previous Month (February 2011): 159
- Last Year (March 2010): 264
- First Quarter 2011: 527
- First Quarter 2010: 606
Comments: The number of homes that went under contract in Greensboro, NC has increased by 42% when compared to February 2011 but has fallen by 15% when compared to March 2010. Keep in mind that the Federal Home Buyer Tax Credit last spring caused a spike in home sales in the first few months of 2010.
Detailed Report of Pending Homes
Homes Sold:
- The number of Greensboro Single Family Homes sold: 151
- Median Sold Price: $123,500
- Average Days on Market: 151
- Homes Sold Previous Month (February 2011): 123
- Homes Sold Last Year (March 2010): 207
- Homes Sold First Quarter 2011: 407
- Homes Sold First Quarter 2010: 415
Comments: The number of homes sold during the first quarter of 2011 was 2% less than the number of homes sold during the first three months of 2010.
Detailed Report on Greensboro Homes Sold
Click Here to search all homes for sale in Greensboro, NC
Click Here to get a customized report of your house value by email
Also see:
- Guilford Hills Home Report
- Kirkwood Home Report
- Lindley Park Home Report
- Starmount Home Report
- Sunset Hills Home Report
Team Leung is the #1 Power Team in the Keller Williams Triad Area for four years in a row! We can be contacted at 336-508-1111 or www.GreensboroAreaHomes.com. Team Leung consists of Andy Leung, Lisa Postlmayr, Kelly Walters and Heather Dodson.
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Apr
1
No Fooling! Downtown Greensboro Hosts First Friday on April 1st!
Posted by greensboro under For Buyers, For Sellers, Greensboro, Regional News, Things To Do
It looks like the weather is going to cooperate this evening for the First Friday event in Downtown Greensboro, NC. Our monthly First Friday event from 6:00-9:00 showcases our many wonderful art galleries, shops and museums.
Tonight, there are fifteen venues participating including live performances and art exhibits. Don’t miss your chance to partipate in a free raffle at the Cultural Arts Center, where you can win great prizes including free summer camps!
More Great Things To Do in Greensboro and Throughout the Triad
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Mar
24
Guilford Courthouse Battleground Park Opens Library
Posted by greensboro under For Buyers, For Sellers, Greensboro, Regional News, Things To Do
Yesterday was the grand opening of yet another feature of the Guilford Courthouse Military Park, known locally as Battleground Park. The Nathanael Greene Revolutionary War Library is now open for business!
The Nathanael Greene Revolutionary War Library is located on New Garden Road directly across from the Guilford Courthouse National Military Park Visitors Center. According to the News and Record, it is only one of two libraries in the Southeast which specialize in information about the southern campaign of the Revolutionary War. It is open to the public and is hoped to be an excellent resource for local students, scholars and researchers.
If you’ve never visited the Guilford Courthouse Military Park, now is a great time to plan a visit to this Greensboro treasure. The visitor center is free and has two great movies that explain the historical significance of the Revolutionary War battles that took place here. There is also a small museum and a paved walking path so you can actually stand where the battles took place. The approximately two-mile loop leads you through mostly wooded areas and features some challenging hills so it is very popular with walkers, runners and bicyclists.
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Mar
23
Cardinal Home in Greensboro Just REDUCED!
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro, Homes for Sale, Listings
6402 Lakebend Way, Greensboro, North Carolina
JUST REDUCED TO $314,900
Beautiful home for sale in the much sought after Cardinal neighborhood in Northwest Greensboro, NC. Open floor plan, formal living and dining rooms. Eat-in kitchen. Master suite on main with huge walk-in closet, separate shower, garden tub & double vanities. Fireplace in den. Bonus room and loft. Multi-level deck leading out to backyard. Crawl space could be finished out. Beautiful landscaping. 
Listing Information
- MLS ® : 598008
- Bedrooms: 4
- Full Baths: 2
- Partial Baths: 1
- Sq Ft: 3166
- Garage: 2 Car
- Heat Source: Gas
- Taxes: $3,240.00
Contact any of the members of Team Leung for information on buying or selling a home in Greensboro, NC or throughout the Triad.
Search for all Homes for Sale in Greensboro, NC and the Triad
Free House Value of Your Greensboro, NC Home
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Mar
22
Greensboro Home Just Reduced!
Posted by greensboro under For Buyers, For Sellers, Greensboro, Homes for Sale, Listings
5307 Perrou Court, Greensboro, North Carolina
$359,900
You™ll love this beautiful, open floor plan with hardwood floors throughout. The gorgeous kitchen features granite counters, an island and roomy pantry. The large breakfast area opens to the family room. French doors lead to the two-level patio. The master and second bedroom are on the main level. Master bath includes a double vanity, separate shower and relaxing tub. Third bedroom along with a full bath are on the second floor. Wonderfully convenient to shopping and major highways. Located in popular Seven Gates Subdivision. 
Listing Information
- MLS ® : 600893
- Bedrooms: 3
- Full Baths: 3
- Sq Ft: 2297
- Style: Townhome
- Taxes: $4,287.00
More Information
Contact any of the members of Team Leung for information on buying or selling a home in Greensboro, NC or throughout the Triad.
Search for all Homes for Sale in Greensboro, NC and the Triad
Free House Value of Your Greensboro, NC Home
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Mar
18
Ridgewood Home Open House this Sunday 2:00-4:00
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro, Homes for Sale, Listings, Ridgewood, Greensboro, NC
6101 Mountain Brook, Greensboro, North Carolina
Please join us this Sunday as we host an open house at this stunning Ridgewood home. The open house will be held Sunday, March 20 from 2:00-4:00. Stop by and fill out our property survey for your chance to win a $25 gift card to Friendly Center!
This Ridgewood home has all the WOWS!!! Enter this home through the stunning two-story foyer with a beautiful staircase, multiple columns and heavy moldings. The large formal Dining Room has bay windows, wainscotting and a Butler™s Pantry with wet bar and wine rack. The Gourmet Kitchen has all the extras¦granite countertops, stainless steel double ovens, gorgeous cabinets and an expansive wrap-around bar with tons of seating. The kitchen opens to a large Breakfast Area and Keeping Room with a vaulted ceiling with stone fireplace and with windows that look out at the private, wooded backyard. The Great Room features exposed beam ceiling and a custom fireplace. A third fireplace can be found in the study, which also features lots of architectural interest and vaulted ceilings.
Retreat to the gorgeous Master Bedroom, which is also located on main floor. You™ll love its cozy sitting area and double tray ceiling. The awesome Master Bathroom has bronze fixtures, jetted tub, separate tiled shower and two walk-in closets.
Upstairs, continue to be wowed by the three additional bedrooms, a bonus room and a media room! Don™t miss the two adorable full baths and a half bath. The Bonus Room could be 5th bedroom. The large Media Room has a convenient mini-kitchen. Easy access to the kitchen via the second stairway.
Every parent will love the Central Vac system, Mud Room with custom-built cubbies for plenty of storage and the first floor laundry room with sink. There is plenty of parking with an oversized 2-car garage and a second 1-car garage.
You must see this home to appreciate it. Call for an appointment today!
$675,000
Listing Information
- MLS ® : 605123
- Bedrooms: 4
- Full Baths: 3
- Partial Baths: 2
- Sq Ft: 5119
- Lot Size: 1.61
- Garage: 3 Car
- Heat Source: Gas
- Taxes: $5,978.00
More Information
Contact any of the members of Team Leung for information on buying or selling a home in Greensboro, NC or throughout the Triad.
Search for all Homes for Sale in Greensboro, NC and the Triad
Free House Value of Your Greensboro, NC Home
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Mar
10
Guilford Courthouse Holds Battle Reenactments
Posted by greensboro under For Buyers, For Sellers, Greensboro, Regional News, Things To Do
History will come to life this weekend In Greensboro at the Guilford Courthouse Military Park, known locally as Battleground Park. To commemorate the 230th anniversary of the Battle of Guilford Courthouse, FREE events will be held on Saturday, March 12 and Sunday, March 13. Some activities will also take place at Country Park and the Colonial Heritage Center.
On both days from 8:30-5:00, capture a glimpse of life as a Revolutionary War soldier. See a small arms demonstration and listen to the Guilford Courthouse Fife and Drums. There are special guided tours throughout the park. Witness tactical demonstrations and a Reenactment of the Battle of Guilford Courthouse on each afternoon from 2:00-3:00.
This is a great activity to do especially with children. Some teachers will also give extra credit to students who attend the events at Guilford Courthouse Park. Even without these special events, Guilford Courthouse Park is a wonderful place to spend an afternoon. With paved walkways and beautiful scenery, it is popular with walkers, runners and picnickers. The weather is supposed to be mild and warm this weekend, so come on out to Guilford Courthouse this weekend to enjoy it!
Search Homes for Sale in Greensboro, NC
Greensboro Home Market Report with links to other neighborhoods
For more information on any area in the Greensboro, NC or Triad real estate market, please contact Andy Leung at Keller Williams Realty: 336-508-1111 x7 or andy@teamleung.com.
Team Leung is the #1 Power Team for three years in a row at Keller Williams Realty of Greensboro specializing in Greensboro Real Estate. Contact us at 336-508-1111 or www.GreensboroAreaHomes.com. Team Leung consists of Andy Leung, Lisa Postlmayr, Kelly Walters and Heather Dodson.
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Mar
9
Greensboro Home Market Report
Posted by greensboro under For Buyers, For Sellers, Greensboro, Greensboro Market Report, Marketing Reports
Greensboro, NC Real Estate Home Report:
The Greensboro Home Market Report continues to show some signs of improvement. The number of homes under contract in Greensboro remains healthy, increasing 12% when compared to last month. The number of homes under contract is an indicator of how the house market is going to do in the next 30-60 days. In addition, the number of homes sold increased by 7% when compared to February 2010. 
The following Greensboro, NC housing data was retrieved from the Triad MLS on March 4, 2011 and focuses on Greensboro, NC Single Family Real Estate Home Sales for February 2011. Check out the data below for all the details:
Active Homes for Sale:
The number of Greensboro Single Family homes for sale: 2,038
Median Price: $150,000
Average DOM (Days on Market): 154
Comments: The number of active homes for sale is down 18% compared to February 2010 and is down 1.2% compared to January 2011.
Report of Greensboro homes for sale
The number Greensboro Single Family Homes listed for sale (new listings) in February 2011: 342
- The month before (January 2011): 344
- Last year (February 2010): 461
Comments: The number of homes newly listed has decreased by 26% compared to February 2010 and has remained flat compared to January 2011. Significantly less new listings are becoming available, which greatly impacts the supply-and-demand of homes.
Detailed Report of New Properties Listed
Pending Homes for Sale:
The number of Greensboro Single Family Homes under contract: 169
- Previous Month (January 2011): 151
- Last Year (February 2010): 168
Comments: The number of homes that went under contract in Greensboro, NC has increased by 12% when compared to January 2011 and has remained steady when compared to February 2010.
Detailed Report of Pending Homes
Homes Sold:
The number of Greensboro Single Family Homes sold: 122
Median Sold Price: $157,000
Average Days on Market: 132
Homes Sold Previous Month (January 2011): 127
Homes Sold Last Year (February 2010): 114
Comments: The number of homes closing this month increased by 7% compared to February 2010 and the median price was $157,000. This is the highest median price in over a year, meaning that some of our higher priced homes are starting to sell better.
Detailed Report on Greensboro Homes Sold
Click Here to search all homes for sale in Greensboro, NC
Click Here to get a customized report of your house value by email
Also see:
- Guilford Hills Home Report
- Kirkwood Home Report
- Lindley Park Home Report
- Starmount Home Report
- Sunset Hills Home Report
Team Leung is the #1 Power Team in the Keller Williams Triad Area for three years in a row! We can be contacted at 336-508-1111 or www.GreensboroAreaHomes.com. Team Leung consists of Andy Leung, Lisa Postlmayr, Kelly Walters and Heather Dodson.
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