Winston-Salem, NC - Local Housing Data - Summary

Change location:

Region

State

City

Winston, Salem, NC

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Winston-Salem, NC Local News

Recent Numbers Show Prices of New Homes Rise in Winston-Salem, Sales Decline

Posted on: Jul 06, 2014 07:40:01 AM

The Winston-Salem, NC market saw a drop in new home closings year-over-year in April, sliding down after a gain in March 2014. New home closings saw a 1.7% fall from a year earlier to 57. This came after a 7.9% rise year-over-year in March.

A total of 643 new homes were sold during the 12 months that ended in April, down from 644 for the year that ended in March.

As a percentage of overall housing closings, new home closings made up 9.0%. This marks a rise from 7.7% of total closings a year earlier. Closings of new and existing homes sank year-over-year in April after also falling in March year-over-year.

Pricing and Mortgage Trends

In April, the average price of newly sold homes increased 13.5% year-over-year to $196,332 per unit. This boost compares to a 9.7% fall in March from a year earlier.

For newly sold homes, the average mortgage size gained year-over-year along with new home prices. In April 2014, average mortgage size climbed 6.0% from a year earlier to $176,351. In March 2014, average mortgage size fell 9.3% from a year earlier.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.