Greenville South Carolina Real Estate Update-January Through April 2007
The Greenville South Carolina Real Estate market has been steady in the first four months of 2007. We have not experienced the much talked about "real estate bubble". This is mostly due to the fact that our historical annual home appreciation rate is 3-4% which is sustainable as compared to other parts of the country that experiences wild market fluctuations.
There are currently 5,153 active listings in the Greenville SC area. This number is in line with the past several years as far as inventory. The average price for these homes is $260,592. There have been 2,704 homes sold so far this year for an average price of $176,755. The average days on market for these homes was 88 days and they were sold for an average of 97% of list price.
Our new home inventory currently stands at 1406 homes with the average price being $312,643. The largest number of these homes are located in the Simpsonville and Greer areas.
If the Greenville SC area is your relocation destination, please contact me to help you pinpoint your new home.
Category: Greenville SC Real Estate
Date: Thursday, May, 3rd 2007 @ 12:12:06 PM
Views: 426
Be the First to Comment on this Post!