Our Market Is Improving by Leaps and Bounds
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The latest market report for Greensboro is in, and today we’ll be looking at the latest numbers for our real estate market and comparing them with what we saw at this point last year. Let’s get to it.
The third quarter of 2015 saw 1,845 closed units in Greensboro, a 15.74% increase from the third quarter of 2014. More good news for sellers is that the average list-to-sale percentage rose from 91.2% in 2014 to 93.7% today.
The average days on market rose slightly, from 134 to 138 and the average sale price rose 2.53%, from $182,894 to $187,513.
The year-to-date numbers are also encouraging. The number of closed units is up 12.5% from this time last year, and units pending are up 17.3%. The year-to-date list-to-sale average is right around 93.5%.
If you have any questions for us, or if you’re thinking of buying or selling, give us a call or send us an email. We would love to help out in any way possible!
13 episodes