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| MAY 2025 | |||
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| Units Sold 609 |
Active Inventory 1,143 |
Median Sale Price $300,000 |
Days On Market 39 |
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| Up 2% Vs. Year Ago |
Up 21% Vs. Year Ago |
Down -5% Vs. Year Ago |
Up 30% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 609 sold this month in Guilford County Real Estate versus 521 last month, an increase of 17%. This month's total units sold was higher than at this time last year, an increase of 2% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 198 units or 21%. The total number of active inventory this May was 1,143 compared to 945 in May 2024. This month's total of 1,143 is higher than the previous month's total supply of available inventory of 1,088, an increase of 5%. |
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Median Sale Price
Last May, the median sale price for Guilford County Homes was $315,000. This May, the median sale price was $300,000, a decrease of 5% or $15,000 compared to last year. The current median sold price is 4% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 811 |
Current Contracts 649 |
Sold Vs. List Price 98.9% |
Months of Supply 1.9 |
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| Up 8% Vs. Year Ago |
Up 18% Vs. Year Ago |
No Change Vs. Year Ago |
Up 18% Vs. Year Ago |
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Months of Supply
In May, there was 1.9 months of supply available in Guilford County, compared to 1.6 in May 2024. That is an increase of 18% 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. |
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New Listings & Current Contracts
This month there were 811 homes newly listed for sale in Guilford County compared to 748 in May 2024, an increase of 8%. There were 649 current contracts pending sale this May compared to 551 a year ago. The number of current contracts is 18% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Guilford County was 98.9% 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 39, higher than the average last year, which was 30, an increase of 30%. | |||
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| *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. |
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