And they were off.

Today there was a 5K run at the new 3rd runway at Greensboro’s Piedmont Triad International Airport (PTI). It was a clear, warm day. Very warm for the 1100 or so runners.

There were shuttles carrying participants and spectators from one of the parking lots to the runway. There were tents and balloons and bright sun.

And there were shiny planes on display. As I’ve written before, Greensboro has become something of an aviation center or so-called aerotropolis. With Fedex opening a hub here and HondaJet choosing Greensboro as it’s home, there’s lot’s of action and anticipation in the air. Literally.

Tags: aerotropolis, FedEx, HondaJet, PTI, Run the Runway 5K

• The average currently listed price of single family homes is $148,178, compared to that of all Greensboro zip codes, $249,784.

• 27406 is probably the largest zip area-wise and has the seconds most listings: 458 which represents 15% of the total listings in town at this time. 27410 is still king of the hill in that area with a whopping 622.

Current Listing Data (followed by same info for al zip codes combined)

• average active listing price (all property types): $146,510 ($223,107)

• single-family: 419 (91%), 2445 (74%)
• townhouses: 29 (6%), 482 (29%)
• condominium: 10 (2%), 357 (11%)

• foreclosure: 72 (16%) 264 (8%)

• highest list price (single-family): $899,000 ($4,900,00)
• lowest list price (single-family): $12,000 ($6,000)

12 Month Sales Data

Over the last 12 months, sales in the 27406 zip have looked like this:

• total number of closings (all property types): 418 (2,855)

• average closed priced (all types, last 12 months): $121,283 ($167,604)
• average list price (all property types): $146,510 ($160,356)
• average list/closed price percentage: 96% (96%)

• single-family: 295 (59%) 2,210 (77%)
• townhouse: 132 (27%) 386 (14%)
• condominium: 70 (14%) 245 (9%)

• foreclosure: 137 (33%) 565 (20%)

• highest closed price (single-family): $366,500 ($1,200,000)
• lowest closed price (single-family): $5,000 ($5,000)

Schools

Some of the schools children who live in 27406 attend are:

• Elementary: Alamance, Archer, Foust, Frazier, Gillespie Park, Lindley, Pleasant Garden, Sedalia, Southern, Sumner, Vandalia, Washington, Wiley
• Middle: Allen, Eastern, Hairston, Jackson, Kiser, Southeast, Southern
• High: Dudley, Eastern, Grimsley, Smith, Southeast, Southern

Some 27406 Listings

For your viewing pleasure….

3731 Williams Dairy Road (MLS# 570183) $239,900

5677 Old Randleman Rd (MLS# 565355) $279,500

1107 Glynis Lane (MLS# 576949)

331 Steeple Chase (MLS# 579043)

Keep an eye on this site for updates about this zip code and others.

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.

Tags: 1107 Glynis Lane, 27406, 27410, 331 Steeple Chase, 3731 Williams Dairy Rd, 5677 Old Randleman Rd, Greensboro, Greensboro housing statistics, Greensboro real estate, Greensboro zip codes, Guilford County Schools, listingbook.com, MLS, MLS# 565355, MLS#570183, MLS#576949, MLS#579043, Multiple List, Multiple Listing Service, PTI, Triad MLS, US Census Bureau demographic information

A quick snapshot of houses on the market in Greensboro show that there’s plenty to choose from, to say the very least.

Looking over the last 6 months, the total number of listings (including ‘active’ and ‘pending’ listings) is 2996*. That’s almost exactly smack-dab in the middle of the highest number of 3091 on May 26th and the lowest of 2892 on March 31st.

And the average list price – $222,900 – is lowest it’s been in that same time period.

This is not particularly welcome news for sellers, but awesome for buyers.

There has been a slight increase in the percentage of foreclosures in these numbers. Four of the nine Greensboro zip codes had a small increase in foreclosure listings: 27405 (+3), 27406(+5), 27410 (+2) and 27455 (+2). 27403 had a reduction (-1)The rest remained the same.

The percentage of overall listings that are foreclosures increased from 189 (6%) to 200 (7%). Nearly all of that gain is in the single-family category.

An example of a listing with an asking price representative of the average is this lovely thing at 1809 Colonial Avenues:

1809 Colonial Ave, Greensboro, NC 27408 $225,000 (MLS#526828)

The average listing price of $222,900 can buy a really nice house in a very nice neighborhood. The example to the left is such a house. With 3 bedrooms and 2 baths this house is representative of the size one would might expect as an “average”.

All in all, the numbers continue to show that Greensboro is following the very general trends of most of the country but without the big ‘ouchies’ some areas are enduring. Good deals are available, nice homes are on the market and a few houses are owned by banks.

Keep watching this space to see what happens next.

And now, the rest of the graphs, please…..

As always, whether the news is good or bad, you’ll see it here.

_________________________________________________________

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.

Tags: 1809 Colonial Ave, 27410, Greensboro, Greensboro housing prices, Greensboro housing statistics, Greensboro zip codes, housing inventory, listingbook.com, MLS, MLS 526828, Multiple List, Multiple Listing Service, PTI, Triad MLS

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.

_________________________________________________________

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

Tags: 27410, Foreclosures in Greensboro, Greensboro, Greensboro foreclosures, Greensboro zip codes, listingbook.com, MLS, Multiple List, Multiple Listing Service, PTI, Triad MLS

The view from my husband's plane. Somewhere over...somewhere.

I’ve written about this previously, but it’s time for an update on how Greensboro is fast becoming an aerotropolis.

Yes, it’s a word.

Aerotropolis list: Hong Kong, Chicago,  Amsterdam…Greensboro. Why not?

And of all the predictions one could make about what would be a major industry for the Piedmont Triad area of North Carolina in general and Greensboro in particular, aviation might not have headed the list. Or made the top 20.

But here we are. A list of just a few of the reasons and companies that are adding up to Greensboro becoming a center for all things winged:

• FedEx Hub (slated to open in October 2009. One of only in the country)
• HondaJet
• TIMCO Aviation Services (Headquarters here as well as 600,000 sq ft maintenance facility)
• HondaJet engine facility (in Burlington, about 20 minutes east of Greensboro)
• Atlantic Aero (highly regarded Fixed Base Operator)
• Aerosphere Aviation Services (supplies parts for commercial & military aircraft)
• GTCC Aviation Maintenance Training (PDF)
• Greensboro Aviation (aircraft component repair & overhaul)

You can even see the plane that is known as Air Force One when the President is on board doing practice maneuvers at PTI as well as the occasional ginormous C5:

So, keep an eye on the skies – and this spot – to see what happens next.

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The thoughts & opinions are mine. The quips that fall flat are someone else’s. Please feel free to shoot me an email with a question or a good joke.

And remember, real estate agents aren’t bad. We’re just drawn that way.

Tags: Aerosphere Aviation, aerotropolis, Air Force One over Greensboro, C5 touch and go at Greensboro, FedEx hub in Greensboro, Greensboro Aviation, HondaJet, News & Record, Piedmont Triad International Airport, PTI, TIMCO