Real Estate Update: May 2012

Greenville South Carolina Real Estate

Real Estate Update: May 2012 Close

Real Estate Update: May 2012

Posted by Eddy Kicker on Friday, June 1st, 2012 at 5:05pm.

The month of May is the beginning of the busier time of the year for real estate sales in the Greenville SC real estate market. Year to date for 2012 we are up over 9% in home sales compared to the same time period in 2011. Interest rates just dipped again today and 15 year mortgages are being quoted below 3% for the first time ever

Below is a recap of real estate activity for single family home sales based on information from the Multiple Listing Service of Greenville South Carolina, Inc. for May 2012.

  • There are currently 4,618 single family homes for sale and 552 of these are new/under construction/to be built homes.
  • During the month of May there were 565 homes that closed and these homes had an average sales price of $171,894. These homes sold for an average of 4.6% off asking price and in an average of 103 days on market.

Do you have a home to sell in the Greenville area? Now is the time to market your home to the largest audience of the year. Please check out my Total Exposure marketing program to see how I get homes sold.

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