Forsyth County currently leans toward buyers, with the local gauge signaling a clear buyer’s market. Months of supply sit at 5.6, matching the statewide level but up more than 40 percent from a year ago. Homes are taking longer to sell, with the median days on market rising to 75, up slightly year over year and jumping from 54 days just a month earlier.
Prices show noticeable downward pressure compared with both recent months and last year. The typical home value is about $555,000, down roughly 10 to 11 percent from a year ago and nearly 10 percent just since August. Sellers are also seeing fewer bidding wars, as only about 4 percent of homes sold above list in September, down sharply from double-digit shares earlier this summer.
Inventory is one of the biggest shifts, with active listings up more than 11 percent year over year even after an almost 9 percent monthly dip, while new listings are trending lower than a year ago. At the same time, buyer activity is softer, with homes sold down about 9 percent annually and pending sales off nearly 14 percent. With an average sale-to-list ratio around 96 percent, negotiation room has widened compared with the recent past. In this kind of cooling but still active environment, both buyers seeking leverage and sellers aiming to price strategically can benefit from an Agent Pronto–recommended real estate professional.
