April 2020 Greenville SC Real Estate Update

We all realize we are living in uncertain times and searching for what the new normal will look like. The Real Estate industry is certainly evolving and changing and ...

April 2020 Greenville SC Real Estate Update Close

April 2020 Greenville SC Real Estate Update

Posted by Eddy Kicker on Wednesday, May 6th, 2020 at 9:53am.

We all realize we are living in uncertain times and searching for what the new normal will look like. The Real Estate industry is certainly evolving and changing and adapting to the current circumstances. Homes are continuing to be listed and homes are continuing to be sold. The process may look a little different, but the end results are the same. Sellers want to sell and buyers want to buy.

There are currently 2,889 single family homes for sale in the Greenville SC MLS with 38% of these being new or to be built homes. The current inventory is down 2% from March. During the month of April there were 1,017 single family homes sold for an average price of $264,914 which represented a discount of 1.8% off asking price. These homes sold in average of 53 days on market which was down 13 days compared to March. Year to date home sales are up 5% compared to the first 4 months of 2019.

Most analysts crystal balls remain hazy so outlooks for home sales vary greatly. Currently in our market, homes that are priced appropriately and in top showing condition for the most part are getting sold. Are you considering selling or buying a home here in the near future? Contact me and let's get started.

Leave a Comment