Winston-Salem Real Estate Market - View Winston-Salem Real Estate Market Trends in North Carolina

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Winston-Salem. Home prices are beginning to rise suggesting we have hit a bottom. Buy low! Don’t wait another day to get your deal. Call 336-759-0060 ext 418 to get prequalified and aligned with an agent on our team.
Average Home Price	$150,000 - View Graph Trend

Average Price Compared to Last Year	No Change

Average Time on Market	More than 120 days

Best Selling Price Range	$100,000 - $149,000

Worst Selling Price Range	$750,000 - $799,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Winston-Salem is	Increasing

Seller Activity for the past 90 days in Winston-Salem is?	Increasing

Multiple Offers?	No

Multiple Offers Commentary	Multiple offers are common on underpriced foreclosures.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	We have both an in-house lender affiliate and in-house insurance affiliate ready to help all buyers with their needs.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Homes are beginning to move off the market, but there has been a number of sellers that have delayed lisiting their homes in the last year. We are still noting move inventory than buyers.

Greatest Activity	Investors

Reason to Buy/Sell	Lower prices with good selection and competitive interest rates creates a perfect time to buy in Winston-Salem! Unemployment rates are decreasing in area.

Nearest Metro Area	Winston-Salem

Housing Hot Spots	Most cities within the Forsyth County area are considered 'Housing Hotspots' Some of the most popular neighborhoods in Winston-Salem include Ardmore, Buena Vista, Country Club area, Sherwood Forest and historic West End

Average Sold Price	$150,000 - View Graph Trend

Winston-Salem Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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