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Realtors report less September sales activity

October 16th, 2007 · No Comments

Triad-area real-estate brokers sold approximately 1,140 homes and condo units in September 2007.

That is 28 percent less than in September 2006, according to the Triad Multiple Listing Service that compiles statistics from an 11-county region including Surry County and the cities of Winston-Salem, Greensboro and High Point.

More than half of the units being sold are single-family, three-bedroom homes. The median price for such houses was $133,000 in 2007 compared with nearly $138,000 in 2006. The average price also dropped to $147,300 from about $150,900.

Counting all units together, total dollar volume in September 2007 was $204.6 million, the median price was $145,000 and the average price was $179,100. Twelve months ago, the total was higher ($250.3 million) but the median and average sales prices were lower: $140,875 and $175,800, respectively.

Tags: Businesses

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