August 2016 Market Recap

Homes sold in the Greenville area continues to outpace 2015 and is up over 6% year to date. Homes for sale inventory remains low and the current number is almost identical to last month with the exception being a larger percentage of the homes for sa

August 2016 Market Recap Close

August 2016 Market Recap

Posted by Eddy Kicker on Tuesday, September 6th, 2016 at 11:49am.

School is back in session, college football has stared and fall is just around the corner. All is right with the world. Homes sold in the Greenville area continues to outpace 2015 and are up over 6% year to date. Homes for sale inventory remains low and the current number is almost identical to last month with the exception being a larger percentage of the homes for sale inventory is made up of to be built and new never lived in homes.

There are currently 3,543 single family homes for sale in the Greenville SC MLS with 868 of these being to be built or new never lived in homes. During the month of August there were 1,035 homes sold for an average price of $216,489 which represented a 2.35% discount off list price. These homes sold in an average of 55 days on market. Year to date there have been 7,635 homes sold which compares to 7,166 for the same time period in 2015.

The real estate market is constantly changing but what never changes is that you need an experienced Realtor working with you to navigate the home buying process. Please contact me and let's get started finding your next dream home.

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