The Average Sales Price for Single-Family Homes in this market is $ 239,635. This is up 5.1% from the 3rd QTR in 2018. The Average Sales Price for Townhomes is $163,457. This is up 27.7% from the 3rd QTR in 2018.
Kernersville Market Statistics – 3rd QTR 2019
At the end of the 3rd QTR 2019, there are 262 Single-Family homes and 37 Townhomes pending in Kernersville, NC. At the end of October, there are 162 single-family homes and 20 townhomes still available for sale.
A total of 272 Single-Family properties closed during the 3rd QTR in 2019. This is up 11.5% from 2018 when there were 244 closings.
A total of 37 Townhomes closed during the 3rd QTR in 2019. This is down 7.5% from 2018 when there were 40 closings.
Analysis of the absorption rate indicates an inventory of 2.1 months for Single-Family homes and 1.9 months inventory for Townhomes in the Kernersville Real Estate Market.
New Homes made up 40% of the Kernersville Real Estate Market at the end of the 3rd QTR.
New Kernersville Homes under 300K
Kernersville Average Sales Price and DOM
| Month | Sale Price, Average | CDOM, Median |
|---|---|---|
| Jan | $226,435 | 30 |
| Feb | $238,285 | 11 |
| Mar | $239,665 | 17 |
| Apr | $242,573 | 12 |
| May | $231,830 | 10 |
| Jun | $254,331 | 6 |
| Jul | $237,038 | 7 |
| Aug | $258,268 | 13 |
| Sep | $220,816 | 6 |
| Oct | $245,764 | 16 |
Time frame is from Jan 2019 to Oct 2019
New Kernersville Homes under 400K
Kernersville Average Sales Price by Price Range
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