The national news continues to be negative and would have you believe that home sales have stopped. In Greenville, SC we continue to outperform most other major markets and are just 4.5% behind 2010 numbers. While we are certainly still in a buyers market, homes are being sold. Interest rates remain at historic low levels and we have good inventory in all price classes.
Below is a recap of real estate activity for single family home sales based on information from the Multiple Listing Service of Greenville, South Carolina, Inc. for September 2011.
- There are currently 5,255 single family homes for sale. 631 of these homes are new/never lived in or to be built homes.
- During the month of September there were 458 homes sold for an average sales price of $184,820. These homes sold for an average of 5.8% off list price.
- Homes sold in September averaged 114 days on market
Greenville, SC is a great place to live and work. Please let me know if a move to Greenville is in your future.