February Update for Greenville South Carolina Real Estate

Information about the Greenville South Carolina real estate market

February Update for Greenville South Carolina Real Estate Close

February Update for Greenville South Carolina Real Estate

Posted by Eddy Kicker on Wednesday, March 5th, 2008 at 12:05pm.

Now that the first two months of 2008 are behind us, I thought you might like to know the state of the Greenville South Carolina Real Estate market. The national news continues to fill the air waves with negative information about the housing market. Fortunately, the Greenville market, while down in sales, has continued to outperform the majority of markets across the country. Interest rates continue to be low and a good opportunity for home buyers to lock in at attractive rates. Below is a recap of the real estate activity for the first two months of 2008. This information is courtesy of GGAR.

Greenville SC Real Estate
  2007 2008
Units Sold 1217 985

 

Avg. Days on Market

94 101
Avg. Sales Price 172,072 186,069
Avg. List Price !77,478 192,809

There are currently 5,632 single family homes for sale in the Greenville MLS with an average list price of $265,981.  These include 1,453 new/never lived in homes with an average list price of $312,611. The largest number of these new homes continue to be in the Simpsonville and Greer areas.

Please let me know if you are considering purchasing a home in the Greenville area. I would welcome the opportunity of working with you to find your new home here.

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