The good news is that interest rates remain at historic lows and there is good homes for sale inventory in the Greenville SC real estate market. Buying activity is slow and a reflection of the overall economic environment. The last quarter of the year is typically the slowest for real estate here and nothing indicates that it will be different this year.
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 through October 31, 2010.
- There are 6,083 single family homes currently for sale in the Greenville SC MLS. 794 of these are new/never lived in or to be built homes.
- During the month of October there were 471 homes sold for an average price of $171,241. These homes sold for an average of 95% of list and in an average of 97 days on market.
- Year to date through October 31st there have been 5,198 single family homes sold.