Greensboro Real Estate

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.