With the first two months of 2014 in the books, we are almost exactly duplicating the sales and inventory numbers from 2013. There are a large number of home buyers currently in the market waiting for new listings to come on the market before making a buying decision. Interest rates have remained fairly steady and at attractive levels.
Below is a recap of activity based on information from the Multiple Listing Service of Greenville SC for single family home sales for the month of February 2014.
- There are currently 4,163 single family homes for sale in the Greenville MLS.
- 722 of these homes are New Never Lived In/Under Construction/To Be Built Homes
- During the month of February there were 478 homes that sold and closed. These homes sold for an average price of $182,126 which represented a 4.1% discount off list price. Homes sold in an average of 103 days on market.