Starmount Homes Market Report in Greenboro, NC

The Starmount Neighborhoods in Greensboro, which include Starmount Forest and Starmount Farms, had a big jump in homes that went under contract, which will likely lead to a lot of homes selling within the next month or so.  Here is the latest Starmount Home Market Report as of 7/5/11:
Active Homes for Sale in Starmount:  36
Average List Price:  $456,390
Average Days on Market:  122

Starmount Homes Under Contract:  8

Starmount Homes Sold Since January 1, 2011:  16
Average List Price:  $332,369
Average Sold Price:  $316,647
Average Sold Price/List Price Ratio:  95%
Average Days on Market:  103

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July 14 2011 - Greensboro
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You might consider posting that under Local next time.
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July 18 2011
slightly more than a years worth of inventory? seems better to wait to buy, prices should drop further. 
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July 18 2011
thanks again for the update, you are so close to the Triangle area of Raleigh, its helpful to see what is going on just outside of our mls area.
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July 28 2011
 
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