27410 in Greensboro was the "most wanted" area for June Home Sales in Greensboro, having almost 30% of the homes sold for the month.

Closed Home Sales: 101
Average List Price: $233,165
Average Sell Price: $225,209
Average Days on Market: 68

This area is unique and above average for the city as a whole and offers something for just about every buyer who wants to "live in the city" limits. You can get a condo in the $70,000 range or go a couple of miles and get a grand home in a country club setting for $3,000,000.

The Most Typical Home is a traditional with 2300 SF, 3 BR, 2.5 Bath built in the last 30 years.


There are currently over 500 homes for sale in 27410 as of this writing. Click Here to take a look.

A look at the numbers for June, show that we are definitely in a Buyers Market in the Greensboro area.

If you are in the market to buy a home this is great news for you!

If you're seriously thinking about selling your home or you already have your home on the market and you're seriously ready to sell, then you need to make sure you price it correctly for the current market. With an active inventory of over 4900 Listings in Guilford County and only a little over 650 homes selling (closing) per month since March, you have to make sure your home is priced right and ready to sell!

What was hot in June? Homes selling between $100,000 & $200,000 accounted for 45% of the sales in the Greensboro area with an average of 80 days on the market and a list to sale ratio of 97.5%.

June 2008 Stats...

New Listings: 979

• Existing Homes: 833
• New Construction: 146

Listed homes going under contract: 527
Listed homes closing (sold): 518

• Avg List Price of sold homes: $197,617
• Avg Sale Price of sold homes: $$190,915 (96.6% of List Price)
• Avg Days on Market: 87

Listed homes expiring or withdrawn from market: 527

Current Listing Stats

Average Days on Market for Active Listings: 132
Average List Price for Single Family Homes: $242,000

These Greensboro Market Statistics include all of Guilford County including High Point, Oak Ridge and Summerfield. All information is derived from the Triad MLS and is believed reliable but is not guaranteed.

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 2nd week of June 2008.

These Greensboro Market Statistics include all of Guilford County including High Point, Oak Ridge and Summerfield.

New Listings: 217

• Existing Homes: 208
• New Construction: 9

Listed homes going under contract: 124
Listed homes closing (sold): 66
Listed homes expiring: 54
Listed homes withdrawn: 46
Average Days on Market for Active Listings: 133
Average List Price for Single Family Homes: $242,000

Are you thinking of selling your Greensboro/Guilford County home?

• Take a look at our Advantage Listing Home Marketing System.
• Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com

Are you searching for a new home in Greensboro or the surrounding area? 

• Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area
• Would you like more information about Greensboro or our surrounding communities then just give us a call at 336-346-1261 or 336-669-1156

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 1st week of June 2008.

These Greensboro Market Statistics include all of Guilford County including High Point, Oak Ridge and Summerfield.

New homes on the market: 213
Number of homes under contract: 146
Number of homes closed (sold): 47
Number of homes expiring: 68
Average Days on Market for Active Listings: 132

Are you thinking of selling your Greensboro/Guilford County home?

• Take a look at our Advantage Listing Home Marketing System.
• Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com

Are you searching for a new home in Greensboro or the surrounding area? 

• Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area
• Would you like more information about Greensboro or our surrounding communities then just give us a call at 336-346-1261 or 336-669-1156

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 4th week of May..

New homes on the market: 89
Number of homes under contract: 64
Number of homes closed (sold): 64
Number of homes expiring: 102
Avg Days on Market: 131

Are you thinking of selling your Greensboro/Guilford County home?

• Take a look at our Advantage Listing Home Marketing System.
• Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com

Are you searching for a new home in Greensboro or the surrounding area? 

• Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area
• Would you like more information about Greensboro or our surrounding communities then just give us a call at 336-346-1261 or 336-669-1156

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 3rdh week of May..

New homes on the market: 169
Number of homes under contract: 76
Number of homes closed (sold): 71
Number of homes expiring: 15
Avg Days on Market: 134

Are you thinking of selling your Greensboro/Guilford County home?

• Take a look at our Advantage Listing Home Marketing System.
• Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com

Are you searching for a new home in Greensboro or the surrounding area? 

• Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area
• Would you like more information about Greensboro or our surrounding comnmunities then just give us a call at 336-346-1261 or 336-669-1156

Well... The numbers show, it's definitely a buyer's market. I just finished looking at the quarterly numbers for the Greensboro area to post my market updates on my websites.

• The first quarter average value of existing homes sold in our market was off -1.1% from the last quarter and down -3.3% from the 1st quarter of 2007.
• The average price for an existing home sold in the Greensboro Market was $188,619.
• The number of homes on the market is up 11.8% from the previous quarter and up 9.9% from 1st quarter of 2007
• The average Days on Market were 91 which is about the same as usual.

What does this mean for the typical buyer in the Greensboro area?

• You can get more home for your money.
• There are plenty of homes to choose from.

What does this mean for the typical seller in the Greensboro area?

• You should seriously study and consider the market data presented by your broker before you put a price on your home.
• You CAN still sell your home in a reasonable amount of time, if you price it properly.
• If you are a motivated seller, then don't test the market and try it at a little higher price and see what happens.
• The first day on the market is when you want to have your home priced in line with "todays market" to make sure it sells quickly.
• There is a lot of inventory, so price your home at or close to market so you stand out from those that are just testing the market.