2007 Greenville South Carolina Real Estate Market Review
Greenville SC Real Estate
The Greenville South Carolina Real Estate Market for 2007 weathered the housing market downturn much better than the majority of United States markets. The year started off strong and didn't experience a slow down until the final quarter of the year. Total single family residences sold for 2007 were down 5.5% compared to 2006 while the average price increased over 3% which is our normal annual rate of appreciation.
| 2006 | 2007 | |
| Homes Sold | 9502 | 8977 |
| Average Price | $182,388 | $188,751 |
| Days on Market | 83 | 84 |
There are currently 5,484 single family homes for sale in our Greenville MLS. This is the typical inventory for this time of the year. Many areas of the country have a 1 or 2 year supply of homes for sale so you can see the overall health of our market is good and sound.
Are you considering a move to the Greenville SC area in 2008? Please contact me and use my online home search to learn more about all the things our area has to offer.
Here's wishing you a Happy and Prosperous 2008.
Date: Sunday, December, 30th 2007 @ 11:20:51 AMViews: 187
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