More Real Property Metrics in Winston Salem, Greensboro and High Point

Michael Clapp & Associates in Winston Salem, appraisers that work in the Triad and across the State, periodically prepare reports broken down by property type, discussing various metrics that are useful in analyzing the fair market value of properties. These include rental rates, vacancy rates, etc.

Clapp's survey of Office Properties, published in January 2017, showed that vacancies had decreased substantially and asking rents had increased slightly from the previous report.

Clapp's recent Residential Property survey found that demand was exceeding supply, which is positive news for sellers. The report also observed that average sales prices was up 3% over the prior year.

The company's report on Shopping Centers, from October 2016, showed that vacancies had increased slightly and asking rents had decreased slightly from the previous report. The report also provides a table showing the 6-year trend on vacancies and asking rents, which could be especially helpful. 

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John A. Cocklereece, Jr.

John Cocklereece concentrates his practice on property tax appeals, business law, tax controversies, and estate planning and administration.
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