47% of Winston-Salem Home closings settled above list price

Reporting from the 100 acre wood.

At the end of February 2024, I pulled home closings over the past 30 days.

In the Winston-Salem area, 23% of this went under contract in the first 5 days. Out of those, 47% of those most settled above list price, and 12% settled at list price.

If you're looking at homes that just came on the market, and there is a lot of interest from other buyers and multiple offers on the property, it is likely that you will need to bid above or at least at list price in order to get your offer accepted.

Previous
Previous

Essential for buyers to know: The Due Diligence Fee

Next
Next

Previewing an Elkin property for out-of-town buyers to look for any red flags