Check out the amazing gym area at 183 Hollow Tree Ct! This immaculate home is located in the sought-after Oak Grove school district with low Davidson County taxes. With a spacious bonus room, a game room, and a private gym on the lower level, this home has it all. Plus, easy access to Winston-Salem, Lexington, High Point, Greensboro, and Kernersville. Don't miss the chance to make this stunning property yours! #HomeGym #OakGroveSchools #DreamHome

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Welcome to the September 2024 real estate market update for Forsyth County, NC! Let’s dive into the latest market data, including new listings, homes that went under contract, and sales figures for the month.

New Listings:
In September, we saw 294 new homes come on the market. The average listing price was $385,536, with prices ranging from as low as $80,000 to as high as $1,385,000. Of these, 8 homes were priced over $1 million, showing a diverse range of properties available in our market.

Homes Sold:
A total of 370 homes were sold in September. Sale prices ranged from $49,500 to $1,480,000, and 4 of these homes sold for over $1 million. This spread indicates the variety of housing options for all buyers in the county.

Homes Under Contract:
In September, 182 homes went under contract, with prices ranging from $65,000 to a remarkable $3,175,000. The average price for these homes was $373,226, and they spent an average of 30 days on the market, reflecting a healthy pace for property transactions.

Summary:
Overall, the Forsyth County market in September 2024 showed strong activity with a balanced mix of property prices. Whether you’re considering selling or buying, now is a great time to engage in the real estate market!

As Hurricane Helene approaches Winston-Salem, emergency officials emphasize the importance of being prepared to stay safe during potential disasters.  In addition, winter is around the corner and there is the potential for inclement weather; go ahead and get any emergency fit today.

ReadyForsyth is a valuable resource for residents, providing information on everything from local flood zones to locating public shelters during emergencies. To help you get started, here are some essential items to include in your household emergency kit:

• Extra medication
• First aid kit
• Water (one gallon per person, per day)
• Sanitation and personal hygiene supplies
• Battery-powered flashlight + radio with extra batteries
• Non-perishable food
• Pet supplies

Officials say stockpiling a few supplies at a time is a good way to keep costs reasonable and avoid panicking if you find yourself in an emergency situation.

First responders caution that phone lines and cell towers might not work during a disaster, which is why being prepared + alert is so important. You’ll still want to keep the Forsyth County non-emergency number handy — it’s 336-727-2222.

Gourmet Kitchen w/abundance cabinets, granite counters, gas cooktop, modern glass tile backsplash. Entertaining will be a joy; gather around raised bar area or step out to wonderful patio w/Pergola, gas grill line, level backyard; let the fun begin.

Have you been dreaming of owning your own home, but can't seem to take the first step? Understanding the many advantages that ownership has over renting can help you get started.

• Pride of ownership. Many homeowners say there is no greater accomplishment than this. It's a dream come true for most.

• Tax benefits. The interest on your mortgage is deductible. Make sure you consult a real estate professional, tax specialist or investment adviser to get the best advice.

• Equity. As you pay off your mortgage, you can gain an increasingly larger share in a valuable asset. 

Still unsure whether you are ready to take the plunge? Let chat to discuss more details.

For more details, reach out to me and let's chat.

Back to School Time!

Now is the perfect time to get your home organized so life runs smoothly.

Remember:

• Organization means everything has a place and should be there when not in use.

• If it doesn’t fit in its place, it’s time for something to go.

Don't make life harder than it needs to be. Stay organized. 

Updated Forsyth County, NC July Real Estate Activity Over the Last 6 Years

Here is the data including the figures for 2024:

Home Sales in July (Last 6 Years)

• 2019: 646

• 2020: 772

• 2021: 789

• 2022: 629

• 2023: 540

• 2024: 576

New Listings in July (Last 6 Years)

• 2019: 797

• 2020: 685

• 2021: 908

• 2022: 727

• 2023: 643

• 2024: 664

Updated Market Trends Analysis

1. Sales Volume Trends:

   • The number of homes sold in July peaked in 2021 at 789 sales.

   • There was a decline in 2022 and 2023, with sales dropping to 629 and 540, respectively.

   • In 2024, sales saw a slight recovery to 576, indicating a possible stabilization of the market after the previous declines.

2. Listing Volume Trends:

   • The number of new listings peaked in 2021 at 908 listings.

   • Post-2021, new listings decreased, with 2023 seeing 643 new listings.

   • In 2024, new listings increased slightly to 664, suggesting that homeowners might be gaining more confidence in listing their properties.

Updated Impact on Home Values

• Supply and Demand Dynamics: The slight recovery in sales volume in 2024, along with the moderate increase in new listings, suggests that the market might be finding a new equilibrium. While the market had cooled, these figures indicate a stabilization rather than a continued decline.

• Home Values Stability: The balanced numbers in 2024 point towards a stabilization in home values. With a modest increase in listings, the supply is catching up to the demand, which can help maintain stable home values without the rapid appreciation seen during peak demand years.

• Market Cooling and Recovery: The market's cooling in 2022 and 2023 seems to be transitioning into a phase of recovery in 2024. Buyers might find slightly more options, and sellers might experience a steadier market environment.

Conclusion

Including the 2024 figures provides a clearer picture of the Forsyth County real estate market's current state. The market appears to be stabilizing after a period of cooling, with modest improvements in both sales and listings. This trend indicates a balanced market that can benefit both buyers and sellers. Homeowners should continue to monitor these trends to make informed decisions about their property investments.

Staying informed and adapting to these changing conditions will be key for all parties involved in the local real estate market. If you have any questions or need personalized advice, feel free to reach out.

Your backyard should be a haven – a place to relax, entertain, and enjoy the outdoors. But privacy and security are important too. Choosing the right fence can significantly impact the aesthetics, functionality, and security of your outdoor space. Here's a quick guide to two popular residential fencing options:

1. Wood Fences: Wood fences offer timeless beauty and natural charm, complementing a variety of architectural styles. They can provide privacy with close-spaced pickets or a more open feel with spaced pickets. However, wood does require regular maintenance like staining or painting to keep it looking its best and withstand the elements.

2. Vinyl Fences: If you're looking for a low-maintenance option, vinyl fences are a great choice. They're known for their durability and come in a variety of colors and styles, from mimicking the look of wood to offering a clean, modern aesthetic. Vinyl fences are generally resistant to weather damage and only require occasional cleaning to maintain their fresh look.

✨ Celebrating a Special Closing! ✨

Today, I'm thrilled to announce the closing of a sale for an amazing couple who have been more than clients—they've become family. Over the years, I've had the honor of guiding them through seven homes! 🏡🔑

Their journey continues as they build their dream home, and I couldn't be more excited to see it come to life. Their loyalty and support have been truly humbling, and it's because of our close partnership that we've achieved such superior outcomes.

To all my wonderful clients who have entrusted me with multiple transactions, thank you from the bottom of my heart. Your loyalty means the world to me, and I'm grateful every day to be a part of your real estate journey.

Here's to many more happy homes and cherished memories together! 🥂❤️