Greenville July Market Update

Information about homes for sale and sold in the Greenville SC area.

Greenville July Market Update Close

Greenville July Market Update

Posted by Eddy Kicker on Tuesday, July 29th, 2008 at 4:04pm.

Do you still watch the news on TV? I get so depressed with all the gloom and doom that I try to avoid the continual banter about the latest reason we are going to be waiting for an economic recovery. In Greenville, we are not totally insulated from the fallout caused by some of the news of the economy but we are faring very well.

Through July 28th, there have been 4,438 homes sold in our MLS according the Greater Greenville Association of Realtors. The average price of these homes was $189,751 which is about 3% higher than the homes sold in the same time period in 2007. Days on market this year has averaged 95 days versus 84 days in 2007.

There are 6,113 active homes currently for sale in our MLS with 1,401 of them being brand new/never lived in homes. The average cost of the active homes is $280,471.

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