Even a slight increase in mortgage rates has not slowed the home sales in the Greenville SC area. Single family home closings year to date are up 20% compared to the same time period last year. The home sales for the month of July were up 17.5% compared to July 2012. The average price for homes sold continues to rise and the discount off asking price continues to shrink. The homes for sale inventory has remained constant this year and all factors are pointing towards a healthy real estate market here.
Below is a recap of real estate activity based on information from the Greenville Multiple Listing service for the month of July 2013.
- There are currently 4,413 single family homes for sale in the Greenville MLS. 594 of these homes are to be built/under construction/new never lived in homes.
- During the month of July there were 830 homes that closed which compares to 685 in July 2012.
- The homes closed for an average price of $198,695 which represented a 3.6% discount off list price. Average days on market were 84.
- Year to date in 2013 there have been 4,912 single family homes closed compared to 3,918 for the same time period in 2012.
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