GUILFORD COUNTY HOUSING MARKET DATA

There was an increase in total units sold in April, with 514 sold this month in Guilford County Real Estate versus 478 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 12% versus April 2024.

Versus last year, the total number of homes available this month is higher by 198 units or 24%. The total number of active inventory this April was 1036 compared to 838 in April 2024. This month's supply remained stable as compared to last month.

Last April, the median sale price for Guilford County Homes was $307,500. This April, the median sale price was $312,250, an increase of 2% or $4,750 compared to last year. The current median sold price is 1% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 2.0 months of supply available in Guilford County, compared to 1.4 in April 2024. That is an increase of 41% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 741 homes newly listed for sale in Guilford County compared to 1,304 in April 2024, a decrease of 43%. There were 638 current contracts pending sale this April compared to 576 a year ago. The number of current contracts is 11% higher than last April.

In April, the average sale price in Guilford County was 98.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 41, higher than the average last year, which was 33, an increase of 24%.





FOCUS ON: GUILFORD COUNTY HOUSING MARKET			APRIL 2025

Units Sold 514	Active Inventory 1,036	Median Sale Price $312,250	Days On Market 41

Down -12% Vs. Year Ago	Up 24% Vs. Year Ago	Up 2% Vs. Year Ago	Up 24% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 514 sold this month in Guilford County Real Estate versus 478 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 12% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 198 units or 24%. The total number of active inventory this April was 1036 compared to 838 in April 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last April, the median sale price for Guilford County Homes was $307,500. This April, the median sale price was $312,250, an increase of 2% or $4,750 compared to last year. The current median sold price is 1% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 741	Current Contracts 638	Sold Vs. List Price 98.8%	Months of Supply 2.0

Down -43% Vs. Year Ago	Up 11% Vs. Year Ago	No Change Vs. Year Ago	Up 41% Vs. Year Ago


		Months of Supply In April, there was 2.0 months of supply available in Guilford County, compared to 1.4 in April 2024. That is an increase of 41% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 741 homes newly listed for sale in Guilford County compared to 1,304 in April 2024, a decrease of 43%. There were 638 current contracts pending sale this April compared to 576 a year ago. The number of current contracts is 11% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Guilford County was 98.8% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 41, higher than the average last year, which was 33, an increase of 24%.



	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by TRIAD and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIAD or Long & Foster Real Estate, Inc.