Buying activity in the Greenville SC real estate market is picking up. Much of this increase is due to first time home buyers taking advantage of the $8,000 stimulus program. This coupled with the historically interest rates have created favorable conditions for continued recovery in our market.
Below is a recap of activity for the first quarter of 2009 compared to 2008.
|Avg Sold Price||$166,364||$185,875|
|Avg. List to Sell||95.4%||96.6%|
|Days on Market||103||97|
2009 is off to a slow start but with the economic factors improving and low interest rates, expectations are for an improving Spring and Summer selling season here in Greenville.