We enjoyed a great real estate year in Greenville SC with home sales up 18% over 2012. The outlook for 2014 is positive with continued increases in home sales and values. The current homes for sale inventory is at a 12 month low and the hope is some good quality listings will be coming on the market in the next few weeks. Interest rates remain attractive and all the factors are there for the positive growth in our market in 2014 to outpace 2013.
Below is a recap of real estate activity based on information from the Greenville Multiple Listing service for the month of December 2013.
- There are currently 4,030 single family homes for sale in the Greenville MLS. 708 of these homes are to be built/under construction/new never lived in homes.
- During the month of December there were 603 homes that closed. These homes sold for an average price of $194,887 which represented a 4.7% discount off list price and sold in an average of 89 days on market.
- There were a total of 8,436 homes sold during 2013 compared to 6,924 during 2012.
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