I have mentioned before that the Greenville South Carolina area real estate market has outperformed the majority of the other markets in the United States. That trend continues and even though our number of sold homes is down substantially compared to 2008, the signs are there the market is improving.
First time home buyers that qualify have until the end of November to close and take advantage of the $8,000 government sponsored first time home buyer stimulus program. This approaching deadline coupled with the summer selling season will hopefully help us in returning to better sales numbers in our market.
Below is a brief recap of single family home sales for the month of April 2009 compared to 2008.
|April 2009||April 2008|
|Avg. Sold Price||$160,095||$182,254|
|Avg. List to Sell||95%||96.5%|
|Days on Market||100||97|