Thanksgiving has come and gone and Christmas is just a few weeks away. Indications are that consumers are starting to feel better about the economy and hopes are that this will spill over into the housing market in 2011. In the Greenville SC real estate market, activity has slowed but sellers that are motivated are getting their homes sold.
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 November 30, 2010.
- There are currently 5,956 single family homes for sale. 807 of these are new or to be built homes.
- During the month of November there were 339 homes sold for an average price of $169,000. These homes sold for an average of 4.6% off asking price and in an average of 107 days on market.
Interest rates have inched up and back down over the past 2 weeks. The most recent rates were still below 4.5% on a 30 year conventional. These rates are still near historic lows and this remains a great time to buy. Please contact me if you are considering purchasing a home in the Greenville South Carolina area. Home buyers are my specialty.