I’m on vacation this week so I’m slacking on the blog posts. I have two charts that show a continued trend in Forysth County for home sales. The first chart shows the change in the number of homes sold as compared to the same quarter of the previous year. As you can see, the number of homes sold in Forsyth County for 2nd Qtr. 2010 are up 23.7% over 2nd Qtr. 2009. While we are still seeing fluctuations on a monthly and quarterly basis, the trend line is a slow but steady recovery since the market bottom in early 2009.
The second chart further echos the positive trend, showing the Sales Price as a percent of Original List Price. The percentage of foreclosure sales moderated somewhat in 2nd Qtr. 2010, possibly allowing sellers to better take advantage of the homebuyer incentive market stimulation and receive a higher portion of their asking prices.
If you’re interested in knowing how your home compares to other homes on the market in your area, just let us know - we’re happy to help.
Tags: Forsyth County, Market Statistics
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