During the last couple of years, homes have been flying off the market due to a combination of low housing inventory and record-low interest rates. In spring 2021, 47% of U.S. homes were on the market for less than a week before going pending, according to Zillow. Though the housing market has started cooling down this year, buyers are still snapping up properties at a fast rate. Around the Winston-Salem area, some towns have a more active real estate market than others.
Stacker compiled a list of cities where homes are closing the fastest, using data from Redfin. Cities are ranked using a weighted average of the days listed for sale for every month between April 2021 and March 2022. The same system was used to create a weighted average median home sale price.
#10. Walkertown, NC
- Day to close: 34.7
- Price: $243,490
#9. King, NC
- Day to close: 33.7
- Price: $228,570
#8. Mocksville, NC
- Day to close: 33.6
- Price: $233,270
#7. Lexington, NC
- Day to close: 32.0
- Price: $205,560
#6. Lewisville, NC
- Day to close: 31.1
- Price: $346,049
#5. Thomasville, NC
- Day to close: 30.3
- Price: $187,144
#4. Rural Hall, NC
- Day to close: 29.5
- Price: $209,111
#3. Clemmons, NC
- Day to close: 28.4
- Price: $316,072
#2. Kernersville, NC
- Day to close: 27.2
- Price: $274,181
#1. Winston-Salem, NC
- Day to close: 25.8
- Price: $222,593
Is there anything that The Sharpe Mortgage Team can do for you this week? If you’re interested in purchasing a home or refinancing your current home in Winston-Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.