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

Thu Nov 21 2024
This week the median list price for Greensboro-High Point, NC is $349,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 1,388. 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		$349,000
Median Price of New Listings		$282,450
Per Square Foot		$181
Average Days on Market		79
Median Days on Market		49
Price Decreased		41%
Price Increased		1%
Relisted		6%
Inventory		1,388
Median Rent
Market Action		41
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
$674,900	3,396	0.5 - 1 acre	4	3.5	18	17	23	70
$399,000	2,290	0.25 - 0.5 acre	4	2.5	16	33	30	49
$295,000	1,614	0.25 - 0.5 acre	3	2	34	49	28	42
$184,500	1,113	0.25 - 0.5 acre	3	1	72	49	51	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$674,900	3,396	0.5 - 1 acre	4	3.5	18	17	23	70
$399,000	2,290	0.25 - 0.5 acre	4	2.5	16	33	30	49
$295,000	1,614	0.25 - 0.5 acre	3	2	34	49	28	42
$184,500	1,113	0.25 - 0.5 acre	3	1	72	49	51	42

Median Price	Top $674,900	Upper $399,000	Lower $295,000	Bottom $184,500
Sq. Ft.	3,396	2,290	1,614	1,113
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	18	16	34	72
New	17	33	49	49
Absorbed	23	30	28	51
DOM	70	49	42	42

Tracey Velt's Market Report