There are more listings in Greensboro this week. There are also more ‘pending’ sales. To be specific, of the 3045 houses on the market in Greensboro, 569 (19%) are under contract. Last week, that percentage was 18%. A couple of weeks prior to that, 17%. Two weeks for THAT 16%. What does all that mean?
It means, Grasshopper, that even as overall inventory of has increased, properties are selling at a faster rate than they’re being listed.
Can I get an “Amen”?
And, as you can see, the average list price is up – again. This is the 7th out of the last 8 weeks where the average list price has increased.
Here’s some more “graphitti”
As always, whether the news is good or bad, you’ll see it here.
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If you have questions, comments or a good joke to share shoot me an email. I’m a full time Realtor®, I love what I do and would be thrilled to hear from you.
* All data from Triad Multiple Listing Service (MLS) and is only as good as the information entered, which is done by humans, who make errors. The information is only for those residential zip codes for Greensboro and does not include the surrounding communities.
