2007 Greenville South Carolina Real Estate Market Review

Review of the 2007 Greenville South Carolina Real Estate Market.

2007 Greenville South Carolina Real Estate Market Review Close

2007 Greenville South Carolina Real Estate Market Review

Posted by Eddy Kicker on Sunday, December 30th, 2007 at 12:20pm.

The Greenville South Carolina Real Estate Market for 2007 weathered the housing market downturn much better than the majority of United States markets. The year started off strong and didn't experience a slow down until the final quarter of the year. Total single family residences sold for 2007 were down 5.5% compared to 2006 while the average price increased over 3% which is our normal annual rate of appreciation.

     Greenville Homes Sold

  2006 2007
Homes Sold 9502 8977
Average Price $182,388 $188,751
Days on Market 83 84

There are currently 5,484 single family homes for sale in our Greenville MLS. This is the typical inventory for this time of the year. Many areas of the country have a 1 or 2 year supply of homes for sale so you can see the overall health of our market is good and sound.

Are you considering a move to the Greenville SC area in 2008? Please contact me and use my online home search to learn more about all the things our area has to offer.

Here's wishing you a Happy and Prosperous 2008.

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