2021 Q1 Wilkinson ERA Real Estate Market Report: Winston Salem

2 0 2 1 F r i ends , Cl i ent s , Col l ea gues , Onc ea ga i n, wea r ei nc r edi bl ygr a t ef ul t oha v eha dt hepr i v i l egeofwor k i ngwi t hy oudur i ngt he r s t qua r t erof2021.

T hi ss pr i ng, a sournei ghbor hoodsbegi nt obl oom a ndgr eener yr epl a c est hewi nt er wor nbr a nc hes , we ha v egr ea tr ea s ont obeopt i mi s t i c .

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Aswec ont i nuet omov ea hea di nt ot hes ec ondqua r t er , wea r es ur r oundedbya l l t hes i gnsi nt he ma r k ett ha tt el l usi t ’ ss pr i ng—wea r ewa t c hi ngourma j orma r k et sex per i enc eac ont i nueddema ndf or newa ndex i s t i ngpr oper t i esf r om buy er s , whoa r edr i v enl a r gel ybyt hea ffor da bl emor t ga ger a t esa nd a nec onomi cc l i ma t et ha ti swel c omi ng.

I tc omeswi t ht heunder s t a ndi ng, howev er , t ha tt heywi l l mos t c er t a i nl yf a c eunpr ec edent edc ompet i t i onf oras hr i nk i ngi nv ent or y .

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Wea r ea l wa y s a v a i l a bl et oa ns wera nyques t i onsy ouma yha v e!

Wea r epl ea s edt os ha r eourk nowl edgewi t hy oua boutt woofourf a v or i t et opi c s r ea l es t a t ea nd r el oc a t i on—a ndwewi s hev er y onegoodhea l t hf ort hi ss ec ondqua r t era ndt her ema i nderof2021!

J oa nT homa s , S CRP, GDS Pr es i dent , Rel oc a t i ona ndCor por a t eS er v i c es Wi l k i ns onE RARea l E s t a t e

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

WINSTON SALEM &

HIGH PQINTResidential WINSTON SALEM JAN THROUGH MAR

2021

2020

AVG Days on Market

29

41

-29.27%

Total Closed Homes

913 $200,000

767

19.04%

$169,900

17.72%

AVG Months Supply

0.9

1.9

-52.63%

AVG Price Per Sq Ft

$142.37

$103.38

37.72%

Total New Listings

1,074

1,229

-12.61%

List to Sales Price Ratio

100%

98%

2.04%

Median Sales Price

--------

%CHANGE

JANUARY - MARCH

HIGH POINT JAN THROUGH MAR

2021

2020

%CHANGE

AVG Days on Market

25

35

-28.57%

Total Closed Homes

391

312

21.43%

Median Sales Price

$182,500

$175,950

3.72%

AVG Months Supply

0.9

2.0

-55.00%

AVG Price Per Sq Ft

$91.86

13.12%

Total New Listings

$103.91 452

413

9.44%

List to Sales Price Ratio

99%

97%

2.06%

--------

JANUARY - MARCH 8

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

GREENSBORO Residential

GREENSBORO JAN THROUGH MAR

2021

2020

%CHANGE

AVG Days on Market

23

42

1099

-45.24%

944

16.42%

Median Sales Price

$195,995

$175,000

AVG Price Per Sq Ft

List to Sales Price Ratio

100%

Total Closed Homes AVG Months Supply

Total New Listings

----------

12.00%

$121.27

1.7

-52.94%

$108.88

1,144

1,249

-8.41%

0.8

JANUARY - MARCH

98%

11.38% 2.04%

OUR RELOCATION TEAM Joan Harpootlian Thomas, SCRP, GMS President, Reloca tion and Corporate Services 0: 704-815-9303 Joan.Thomas@WilkinsonERA.com

Allie Thomas, CRP, GOS Vice President, Relocation and Corporate Services 0: 704-815-9305 Allie.Thomas@WilkinsonERA.com

Tracy Hill Vice President, Business Development Charlotte and Raleigh-Durham 704-575-9545 Tracy.Hill@WilkinsonERA.com

Tricia Hodge Senior Relocation Counselor 0: 704-815-0462 Tricia.Hodge@WilkinsonERA.com

Malisha Singletary Relocation and Affinity Manager O: 704-815-9313 Malisha.Singletary@WilkinsonERA.com

Kristin Malone Broker-to-Broker Coordinator O: 704-815-0462 Kristin.Malone@WilkinsonERA.com

Main Relocation Line 704-815-0463