Finally, finally, finally. For the first time since May, the new weekly foreclosure listings in Greensboro have been in the single digits two weeks in a row. For the week ending 9/13/09 there were 7* new listings. The week before, 9.
Too soon to say there’s a trend, but we’ll take it.
Those 7 foreclosures are located in 4 zip codes of Greensboro:
- 27401 – 2 listings
- 27405 – 2 listings
- 27406 – 2 listings
- 27410 – 1 listing
All but one are single-family houses, 1 being a townhouse.
Some data of note: the list price range for the houses is substantially narrower – and lower – than for any week since May.
- highest list price - $89,900
- lowest list price – $24,900
- average list price – $54,314
- median list price – $44,900
AND, for the first time in a goodly while, the number of foreclosure listings over a 12-week rolling period declined. We’ve been on an upward tick for this measure since June. So, again, good news.
The zip codes most impacted by foreclosures continue to be 27405 and 27406, which account for fully 50% (64) of the total number of foreclosures listed (128) in the last 12 weeks
Below are the requisite charts and graphs, but first here are a couple of properties that represent some of the foreclosures available in Greensboro right now:
2400 Peppervine Trail, Greensboro, NC 27455 $239,900 (MLS#530680)
2000 S. Benbow, Greensboro, NC 27406 $33,500 (MLS#525347)
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
