Home Foreclosure Local Existing Home Selling Prices Still On The Rise In November | Local

Local Existing Home Selling Prices Still On The Rise In November | Local

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The median selling price was $ 228,500, while the median loan amount was $ 203,600.

A median down payment of $ 14,900 covered 6.6% of the sale price.

In comparison, the Greensboro-High Point metropolitan area, made up of three counties, had 2,271 single-family homes and condos sold in the third quarter.

The median selling price was $ 230,000, while the median loan amount was $ 206,196. The median down payment was $ 14,250, which covered 6.2% of the sale price.

Meanwhile, the COVID-19 pandemic continues to have a limited negative impact on the Triad’s housing markets, according to a separate report from Attom released in October.

Attom’s report on the pandemic is based on data from the third quarter of 2021 in three economic measurement sticks: housing affordability; number of houses considered underwater (the amount owed is greater than the value of the house); and seizure declarations.

Of the 570 metropolitan statistical areas measured, Forsyth County was ranked No. 367 in terms of risk, up from 345 in the second quarter report.

Attom had Forsyth’s median selling price for a single-family home at $ 220,000, down from $ 202,500 in the second quarter.

He said 7,560 of the 79,414 Forsyth homes with mortgages – or 9.5% – are under water. There were 50 foreclosure filings during the third quarter, representing a foreclosure rate of 0.03%.