January 2016 Market Update

The first month of 2016 is in the books and home sales numbers were quite similar to last January. Homes for sale inventory remains low and is down 16% compared to th...

January 2016 Market Update Close

January 2016 Market Update

Posted by Eddy Kicker on Tuesday, February 2nd, 2016 at 10:04am.

The first month of 2016 is in the books and home sales numbers were quite similar to last January. Homes for sale inventory remains low and is down 16% compared to this time last year. Interest rates are still attractive and good marketable homes are selling quickly. Below is a recap of activity so far this year:

  • There are currently 3,177 single family homes for sale in the Greenville MLS. 785 of these homes are new or to be built homes. This time last year there were 3,796 single family homes for sale.
  • During the month of January there were 560 homes that sold and closed. These homes sold for an average price of $198,600 which reflected an average of 3.5% off list price. Homes sold in an average of 77 days on market. During the month of January 2015 there were 554 homes that sold and closed.

Please let me know if you have any questions about the Greenville market and how I can help.

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