The beginning of school and the upcoming football season are both just around the corner. Hope you have been able to spend some time enjoying the Summer Olympics and cheering on our athletes.
Below is a recap of activity based on information from the Multiple Listing Service of Greenville, South Carolina, Inc. for single family residential home sales for July 2012.
- There are currently 4,574 single family homes for sale in the Greenville SC MLS. 550 of these homes are new/to be built homes.
- During the month of July there were 643 homes that closed. These homes closed for an average price of $192,815 and sold for an average of 5.3% off list. They were on the market for an average of 97 days.
- Year to date there have been 3,865 homes sold which represents a 10% increase over the same time period in 2011.
The Greenville SC real estate market continues to outperform most areas of the country. Interest rates took a slight increase this week but remain near historic lows. Please contact me if you are considering purchasing a home in the Greenville area.