With just 2 months left to go in 2019 the Greenville SC real estate market continues to outperform last year. Year to date single family home sales in our area are up 6% over the same time period in 2018.
There are currently 3,351 single family homes for sale in the Greenville area with 1,147 of these being new or to be built homes. These new or to be built homes represents 34% of the current homes for sale inventory. Year to date there have been 11,129 single family homes sold for an average price of $258,717 which represents a 2% discount off asking price. These homes sold in an average of 54 days on market.
Look for inventory of homes for sale to trend down slightly headed into the end of the year then gradually increase during the first quarter of 2020. Interest rates remain attractive.