Guilford County home sales up 30 percent

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GREENSBORO, N.C. — Guilford County single-family home sales increased by more than 30 percent during the month of June, compared to the same time last year, according to monthly figures.

The figures are based on information prepared by Dr. Donald Jud of Jud & Associates for the Greensboro Regional REALTORS® Association, a non-profit organization.

The group said a total of 438 units were sold in Guilford County this June, 31.9 percent more than the 332 sold the same month last year.

They said the recent sales in June were also 1.2 percent more than the number sold during May 2013.

The seasonally adjusted average home price in June 2013 was reportedly $162,111, a 6 percent increase over this time last year.

Officials said existing home prices in this cycle bottomed in February 2012 and have since risen 7.3 percent.