Triad 180 day Real Estate Market Summary (Greensboro, Winston-Salem and surrounding areas)
I pulled residential closings for the past 180 days as of August 30, 2023, and summarized it by county. Guilford County (which has Greensboro) and Forsyth County (which has Winston-Salem), had by far the highest number of transactions, average sale price, average square footage, and average price per square foot.
Davie County, which is adjacent to Forsyth, also had a high average sale price. Davie County has the Bermuda Run and Oak Valley golf communities, as well as many other higher-priced communities.
Yadkin County had by far the lowest activity. If you add up the activity of all other counties besides Guilford and Forsyth, the number of transactions would still be less than just Forsyth’s.
I then decided to drill down further into Forsyth County. I summarized it by zip code. I highlighted the zips with the highest and lowest average sales prices. Kernersville had the most transactions. Lewisville had by far the highest average sales price, but with a relatively low number of transactions.