I’m flat out of clever things to write about foreclosures in Greensboro – or what I hope has passed as clever. At any rate, the numbers for new foreclosure listings show that not much has changed over the last several weeks. There were 10 foreclosures listed* the week ending 8/9/09, compared with 11 the week before and 11 the week before that.
The number of properties listed as foreclosures over the 12-week period ending 8/9/09 is 121. Last week that number was 122, 119 before that, 117 before that, and so on.
All of these numbers are higher than the Spring when there were fewer weekly listings and fewer cumulative listings. Perhaps we’ll be glad that flat is better than worse.
So glad we shall be.
This week I’m adding a new measure to the stats: list price. I hadn’t been tracking it previously because, well, because I hadn’t thought to do so. But below you’ll see a graph of the weekly median list price of foreclosures in Greensboro. And you’ll remember from high school that the median is not the average but rather the number at which half the prices are lower and half are higher. (If you don’t remember that, then you are probably the median person of all those who memorized the definition. Half of us didn’t remember either.)
Let me save you some eye strain:
The weekly median price of foreclosures in Greensboro has ranged from $44,900 to $149,900. The ‘average’ median – and my apologies to statisticians if there is no such thing – has been $75,373.
For the week ending 8/9/09, the list price numbers were:
- Median – $87,400
- Average - $92,360
- High - $150,000
- Low - $40,100
For those of you who wonder about such things, the list price numbers (based on weekly stats) show us that, since the week that ended 9/14/08 have been:
- Median – $75,373
- Average - $91,408
- High - $674,900 <-still available
- Low - $8,000 <-not
As for the rest of the data, here you go:
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
