Home sales in Greensboro up for 3rd straight month
Sales of existing single-family homes in Greensboro rose in April for the third straight month, according to data prepared by Triad MLS Inc. for the Greensboro Regional Realtors Association.
A total of 439 homes were sold in Greensboro in April 2009, an increase from 357 in March but less than the 499 units sold in April 2008.
"A three-month increase heading into summer suggests more good news could be on the way, especially since mortgage interest rates remain at all-time lows," GRRA President Betty Smith stated in a news release.
The average sales price of an existing single-family home rose to $149,149 in April from $147,878 in March. The median sale price also rose to $123,900 from $121,000 in March. Both figures were lower than the April 2008 median of $135,000.
The total dollar volume for all units in April was $65,476,529, up from $52,792,512 in March. Both are lower than April 2008's total dollar volume of $81,580,361.
Homes are also selling at a brisker pace. The number of single-family homes on the market fewer than 30 days rose to 100. Only 68 homes moved in fewer than 30 days in March.
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