The curtain has closed on 2010 and I wanted to spend a little time reviewing the year and my outlook for 2011. If you have read my previous blog posts, you will know that while we have certainly seen a downturn in activity and housing values in the Greenville SC real estate market, we have faired much better than other major markets around the country.
Below is a recap of activity based on information from the Multiple Listing Service of Greenville, South Carolina, Inc. for single family residential home sales for December 2010 and some year to date comparisons.
- As of January 6, 2011 there are 5,573 active listings. 762 of these are new/never lived in homes.
- During the month of December there were 420 homes sold. These homes sold for an