Having written repeatedly that there is plenty of inventory in the housing market, I have decided to start monitoring how many houses are on the market and how many are pending (under contract for sale) on a weekly basis. I’ll be looking at Greensboro by zip code. I’ll also be breaking this down into property types (single-family, townhouse, condo). Finally, we’ll see listings that are categorized as foreclosures and non-foreclosures.
For the week of December 9, 2008:
- 2980 - Total properties for sale in Greensboro
- 2543 - Active Listings (85%)
- 437 - Pending Sales (15%)
Breaking down these numbers into Greensboro zip codes:
Active & Pending Listings in Greensboro by Zip Code*
* Data per Triad MLS (Multiple Listing Service) as of 12/9/2008, about 15 minutes before my bedtime.
The average list price of properties currently on the market in Greensboro is $225, 417.
Again, by zip code:
Average List Price in Greensboro by Zip Code
By the numbers, all that comes down to, by zip code:
- 27455 – $336,369 average price; 325 (active), 39 (pending)
- 27410 – $282,444 average price; 489 (active), 78 (pending)
- 27409 – $141,517 average price; 111 (active), 21 (pending)
- 27408 – $414,168 average price; 216 (active), 17 (pending)
- 27407 – $236,054 average price; 311 (active), 68 (pending)
- 27406 – $150,507 average price; 407 (active), 78 (pending)
- 27405 – $115,585 average price; 402 (active), 84 (pending)
- 27403 – $157,890 average price; 109 (active), 32 (pending)
- 27401 – $167,288 average price; 173 (active), 20 (pending)
Next up, this weeks listings in Greensboro by property type…..
