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
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
8
Kirkwood Home Market Report
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro Market Report, Kirkwood, Kirkwood Greensboro, Marketing Reports
Kirkwood, a popular neighborhood near downtown Greensboro, saw some increased activity in the first quarter of 2011. 
Here is the lastest Kirkwood, Greensboro, NC Real Estate Market Information as of 4/5/2011:
Active Homes For Sale in Kirkwood:
- Number of homes for Sale: 13
- Average Asking Price: $236,508
- Average Days on Market: 96
Pending Homes in Kirkwood:
- Number of Pending Homes: 2
Homes Under Contract in Kirkwood
Sold Homes in Kirkwood Since January 1, 2011:
- Number of Homes Sold: 1
- Average Asking Price: 139,000
- Average Sold Price: $135,000
- Average SP/LP ratio (what % of asking price did homes sell for): 97%
- Average Days On Market: 133
Homes sold in Kirkwood in 2011
See Also:
Search Homes for Sale in Kirkwood, Greensboro, NC
Sell Your Kirkwood, Greensboro, NC Home
Greensboro Home Market Report with links to other neighborhoods
All data gathered from the Triad MLS 4/5/11 and is believed to be correct. Some For Sale By Owner purchases and sales have not been included in this report.
For more information on Kirkwood or 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 the fourth year 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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Feb
9
Greensboro Home Market Report-January 2011
Posted by greensboro under For Buyers, Greensboro, Greensboro Market Report, Marketing Reports
Greensboro, NC Real Estate Home Report:
The Greensboro Home Market Report shows some solid improvements from the same time last year. The number of homes under contract in Greensboro remains healthy, increasing 11% when compared to January 2010. 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 34% for the same period. 
Interest rates continue to be extremely low and the inventory of homes is high. However, even though interest rates are still low, we have seen them steadily increase over the last few weeks so don™t delay if you are considering a new home or real estate investment property. Also, although the inventory of homes is still high, homes for sale in Greensboro has dropped since last month, as has the number of new homes being listed for sale. I’ve said it over and over but it bears repeating…now really is a great time to buy. This goes for First Time Home Buyers and Investors.
The following Greensboro, NC housing data was retrieved from the Triad MLS on February 7, 2011 and focuses on Greensboro, NC Single Family Real Estate Home Sales for January 2011. Check out the data below for all the details:
Active Homes for Sale:
The number of Greensboro Single Family homes for sale: 2,052
Median Price: $149,900
Average DOM (Days on Market): 158
Comments: The number of active homes for sale is down 12% compared to January 2010 and is down 4% compared to December 2010.
Report of Greensboro homes for sale
The number Greensboro Single Family Homes listed for sale (new listings) in January 2011: 347
- The month before (December 2010): 269
- Last year (January 2010): 446
Comments: The number of homes newly listed has decreased by 22% compared to January 2010 and has increased by 29% compared to December 2010.
Detailed Report of New Properties Listed
Pending Homes for Sale:
The number of Greensboro Single Family Homes under contract: 154
- Previous Month (December 2010): 143
- Last Year (January 2010): 107
Comments: The number of homes that went under contract in Greensboro, NC has increased by 8% when compared to December 2010 and has increased by a 11% when compared to January 2010.
Detailed Report of Pending Homes
Homes Sold:
The number of Greensboro Single Family Homes sold: 125
Median Sold Price: $132,000
Average Days on Market: 107
Homes Sold Previous Month (December 2010): 151
Homes Sold Last Year (January 2010): 88
Comments: The number of homes closing this month increased by a whopping 34% compared to January 2010 but has decreased by 17% compared to December 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 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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Feb
8
Sunset Hills, Greensboro Home Market Report-January 2011
Posted by greensboro under For Buyers, For Sellers, Greensboro, Greensboro Market Report, Marketing Reports
Sunset Hills, located in Greensboro, NC, started 2011 with a bang. Here is the latest Sunset Hills, Greensboro, NC Real Estate Market Information as of 2/7/2011:
Active Homes For Sale in Sunset Hills:
- Number of homes for Sale: 15
- Average Asking Price: $255,780
- Average Days on Market: 125
Homes For Sale in Sunset Hills
Pending Homes in Sunset Hills:
- Number of Pending Homes: 1
Homes Currently Under Contract in Sunset Hills
Sold Homes in Sunset Hills In 2011
- Number of Homes Sold: 3
- Average List Price: $241,600
- Average Sold Price: $231,833
- Average SP/LP ratio (what % of asking price did homes sell for): 96%
- Average Days On Market: 166
Homes that Sold in Sunset Hills
For more information on Sunset Hills or 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.
See Also:
Search Homes for Sale in Sunset Hills, Greensboro, NC
Sell Your Sunset Hills, Greensboro, NC Home
Greensboro Home Market Report with links to other neighborhoods
All data gathered from the Triad MLS 2/7/11 and is believed to be correct. Some For Sale By Owner purchases and sales may not been included in this report.
Team Leung is the #1 Power Team for the third year 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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Jan
12
Here is the 2010 Greensboro Home Market Report for the Ridgewood neighborhood. In 2010, Ridgewood had a slow start but activity picked up as the year progressed. Of the 12 homes sold in 2010, 9 closed after June 1st. Not only did more homes sell, they sold more quickly after June 1st. Prior to May 30, the average days on market was 260 days. Homes sold after June 1 were on the market an average of 100 days.
Sold Homes in Ridgewood Since January 1, 2010
Number of Homes Sold: 12
- Average Asking Price: $438,083
- Average Sold Price: $425,417
- Average SP/LP ratio (what % of asking price did homes sell for): 97%
- Average Days On Market: 140
Click here for a complete list of all homes sold in Ridgewood in 2010
See Also:
Search Homes for Sale in Ridgewood, Greensboro, NC
Greensboro Home Market Report with links to other neighborhoods
All data gathered from the Triad MLS 1/5/11 and is believed to be correct. Some For Sale By Owner purchases and sales have not been included in this report.
For more information on Guilford Hills or 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 the third year 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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Jan
10
2010 Summerfield, NC Home Market Report
Posted by greensboro under Fave Neighborhood, For Buyers, For Sellers, Greensboro Market Report, Marketing Reports, Summerfield
Here is the 2010 Summerfield, NC Home Market Report. Summerfield is a wonderful community with rural areas and planned communities just north of Greensboro on 220 North (also known as Battleground Avenue, within Greensboro city limits) or Lake Brandt Road. Summerfield is home to three of the newest, state-of-the-art schools in the Guilford County School System, Northern Elementary, Northern Middle and Northern High.
In 2010, homes in Summerfield that sold ranged in price from $19,000 up to $829,900. Check out the full report below.
Sold Homes in Summerfield Since January 1, 2010
Number of Homes Sold: 136
- Average Asking Price: $347,093
- Average Sold Price: $330,051
- Average SP/LP ratio (what % of asking price did homes sell for): 95%
- Average Days On Market: 107
All homes sold in Summerfield in 2010
See Also:
Search Homes for Sale in Greensboro Area
Greensboro Home Market Report with links to other neighborhoods
All data gathered from the Triad MLS 1/5/11 and is believed to be correct. Some For Sale By Owner purchases and sales have not been included in this report.
For more information on Guilford Hills or 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 the third year 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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Dec
15
Greensboro Home Sales 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 shows some signs of improvement over the last few months. The number of houses under contract in Greensboro has increased compared to October 2010 and also when compared to November of last year. The number of homes under contract is an indicator of how the house market is going to do in the next 30-60 days.
I continue to see savvy investors and buyers who are snatching up great homes at bargain prices. They know that this is an excellent time to buy because interest rates still are extremely low and the inventory of homes is high. However, even though interest rates are still low but we have seen them steadily increase over the last few weeks so don’t delay if you have been considering a new home or investment.
The following Greensboro, NC housing data was retrieved from the Triad MLS on December 7, 2010 and focuses on Greensboro, NC Single Family Real Estate Home Sales in November 2010. Check out the data below for all the details:
Active Homes for Sale:
The number of Greensboro Single Family homes for sale: 2,235
Median Price: $159,900
Average DOM (Days on Market): 158
Comments: The number of active homes for sale is down 7% compared to November 2009 and is down 5% compared to October 2010.
Click here for a detailed report of Greensboro homes for sale.
The number Greensboro Single Family Homes listed for sale (new listings) in November 2010: 338
- The month before (October 2010): 292
- Last year (November 2009): 286
Comments: The number of homes newly listed has increased by 16% compared to September 2010 and has increased by 18% compared to November 2009.
Click here to see a detailed report of new properties listed.
Pending Homes for Sale:
The number of Greensboro Single Family Homes under contract: 145
- Previous Month (October 2010): 137
- Last Year (November 2009): 128
Comments: The number of homes that went under contract in Greensboro, NC has increased by 6% when compared to October 2010 and has increased by 13% when compared to November 2009.
Click here to see a detailed report of pending homes.
Homes Sold:
The number of Greensboro Single Family Homes sold: 129
Median Sold Price: $135,000
Average Days on Market: 88
Homes Sold Previous Month (October 2010): 120
Homes Sold Last Year (November 2009): 198
Comments: The number of homes closing this month increased by 8% compared to October 2010 but has decreased by 35% compared to November 2009.
Click here to see a report on 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:
Team Leung is the #1 Power Team in the Keller Williams Triad Area for the third year 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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Nov
17
Greensboro, NC Real Estate Market Report
Posted by greensboro under For Buyers, For Sellers, Greensboro, Greensboro Market Report, Marketing Reports
Greensboro, NC Real Estate Home Report:
The Greensboro housing market continues to indicate signs of a slow down in this month™s market report. The Greensboro, NC Market Report shows a marked decrease in homes under contract and homes sold. This is partly due to the Federal home tax credits which borrowed buyers from the future by encouraging consumers to purchase prior to June 30th.
I am seeing an increase in savvy investors, who are snatching up great homes at bargain prices. They know that this is an excellent time to buy because interest rates still are extremely low and the inventory of homes is high. Some interest rates are now under 4%! In addition, the threat of a North Carolina foreclosure freeze has created a sense of urgency for home sellers who are not in foreclosure. Foreclosures are likely coming off the market for an indefinite period, but they will be back once the lenders can prove that they are following all regulations. It would be prudent for home sellers to sell their homes before having to complete with all of these foreclosures.
The following Greensboro, NC housing data was retrieved from the Triad MLS on November 5, 2010 and focuses on Greensboro, NC Single Family Real Estate Home Sales in October 2010. Check out the data below for all the details:
Active Homes for Sale:
The number of Greensboro Single Family homes for sale: 2,339
Median Price: $159,900
Average DOM (Days on Market): 153
Comments: The number of active homes for sale is down 8% compared to October 2009 and is down 6% compared to September 2010.
Click here for a detailed report of Greensboro homes for sale.
The number Greensboro Single Family Homes listed for sale (new listings) in October 2010: 291
- The month before (September 2010): 322
- Last year (October 2009): 432
Comments: The number of homes newly listed has decreased by 10% compared to September 2010 and has increased by 33% compared to October 2009.
Click here to see a detailed report of new properties listed.
Pending Homes for Sale:
The number of Greensboro Single Family Homes under contract: 146
- Previous Month (September 2010): 137
- Last Year (October 2009): 218
Comments: The number of homes that went under contract in Greensboro, NC has increased by 7% when compared to September 2010 and has decreased by 33% when compared to October 2009.
Click here to see a detailed report of pending homes.
Homes Sold:
The number of Greensboro Single Family Homes sold: 115
Median Sold Price: $134,900
Average Days on Market: 124
Homes Sold Previous Month (September 2010): 141
Homes Sold Last Year (October 2009): 198
Comments: The number of homes closing this month decreased by 18% compared to September 2010 and has decreased by 42% compared to October 2009.
Click here to see a report on 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:
Team Leung is the #1 Power Team in the Keller Williams Triad Area for the third year 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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