Greensboro-High Point, NC

Tracey Velt's Market Report

Greensboro-High Point, NC

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Sun Sep 15 2024
This week the median list price for Greensboro-High Point, NC is $355,740 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 1,186. Click here to stay informed with the Greensboro-High Point market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Median List Price		$355,740
Median Price of New Listings		$308,950
Per Square Foot		$179
Average Days on Market		76
Median Days on Market		42
Price Decreased		38%
Price Increased		1%
Relisted		8%
Inventory		1,186
Median Rent
Market Action		44
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$685,000	3,459	0.5 - 1 acre	4	3.5	19	18	8	70
$410,000	2,409	0.25 - 0.5 acre	4	2.5	16	27	29	42
$299,900	1,707	0.25 - 0.5 acre	3	2	32	48	56	35
$189,500	1,144	0.25 - 0.5 acre	3	1	71	29	46	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$685,000	3,459	0.5 - 1 acre	4	3.5	19	18	8	70
$410,000	2,409	0.25 - 0.5 acre	4	2.5	16	27	29	42
$299,900	1,707	0.25 - 0.5 acre	3	2	32	48	56	35
$189,500	1,144	0.25 - 0.5 acre	3	1	71	29	46	42

Median Price	Top $685,000	Upper $410,000	Lower $299,900	Bottom $189,500
Sq. Ft.	3,459	2,409	1,707	1,144
Lot Size	0.5 - 1 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	4	4	3	3
Baths	3.5	2.5	2	1
Age	19	16	32	71
New	18	27	48	29
Absorbed	8	29	56	46
DOM	70	42	35	42

Tracey Velt's Market Report