It has been a great year for single family home sales in the Greenville SC area and November added even more growth compared to 2015. During the month of November there were 819 homes sold which was up 22% over November last year. Year to date home sales stand at 10,405 which represents an 8% increase over the same time period in 2015. Homes for sale inventory remains low and days on market are shorter.
There are currently 3,253 single family homes for sale in the Greenville MLS with 915 of these being new or to be built homes. During the month of November there were 819 home sold for an average sold price of $216,076 which represented a 2.4% discount off list price. These homes sold for an average of 58 days on market.
Homes for sale inventory is down over 170 homes from last month and will most likely fall further this month before trending back up in the first quarter of 2017. With inventory being tight, it is more important than ever that you work with a Realtor that is up to date on the market and can help you pinpoint your new home.