The Greenville SC real estate market through the first 9 months of 2008 has been down but has continued to outperform most other markets in the United States. According to the Greater Greenville Association of Realtors, sales of single family homes for 2008 are off 20% compared to the same time period in 2007. However, average sales prices for both years are almost exactly the same and days on market are only 10 days higher this year. This compares to national numbers of 16 to 20% depreciation in housing prices.
There are currently 6,160 single family homes for sale with 1,381 of these being new, never lived in homes. There is good inventory in all price classes and with interest rates still very low, continues to be a good time to buy in Greenville.