The month of June continued the positive trend with homes sold up over 5% compared to June of 2015. Homes for sale inventory increased slightly and days on market continues to fall. The real estate market like the weather is hot and should continue for the next several months. Interest rates have dipped slightly since the Brexit fallout and buyers are taking advantage.
There are currently 3,500 single family homes for sale in the Greenville MLS system with 818 of these being new or to be built homes. During the month of June there were 1,177 homes sold for an average price of $231,256 which represented a 2.5% discount off list and sold in an average of 59 days on market. Year to date there have been 5,534 homes sold which is up over 8% compared to the same time period in 2015.
Planning to purchase a home in the Greenville SC area? Please contact me and let's work together to find the home of your dreams.