November was another positive month for home sales in Greenville. Home sales were up 6.7% over last November and year to date home sales are up 18.5%. 2013 has been a great year in our market and the expectations are that the trend will continue in 2014. Interest rates remain low and homes for sale inventory has been steady over the past 12 months.
Below is a recap of real estate activity based on information from the Greenville Multiple Listing Service for the month of November 2013.
- There are currently 4,328 single family homes for sale in the Greenville MLS. 708 of these homes are to be built/under construction/new never lived in homes.
- During the month of November there were 598 single family homes that closed for an average price of $188,869. This represented an average of 4.5% off list price.
- The homes that closed in November had an average of 96 days on market.
- Year to date there have been 7,778 single family homes that have closed compared to 6,348 during the first 11 months of 2012.
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