Existing-home sales in the South dropped 1.0 percent to an annual rate of 2.08 million in January, down 8.4 percent from last year. The median price in the South was $214,800, up 2.5 percent from a year ago.
Comparison Stats for JANUARY 2018 / 2019:
Greenville SC Homes Sold | AVG DOM | # SOLD | AVG SOLD PRICE |
JANUARY 2018 | 57 | 814 | $231,359 |
JANUARY 2019 | 65 | 655 | $242,462 |
Percentage -/+ | +14% | -19% | +4.7% |
National Real Estate Market
NAR’s chief economist, Lawrence Yun, points out that the market is still suffering from an inventory shortage. “In particular, the lower end of the market is experiencing a greater shortage, and more home construction is needed…”
Read moreAll information/graphs are from the Greater Greenville Association of Realtors® or The National Association of Realtors® and used with permission. All other use restricted.
While representative of market activity, this report may not include all sales brokered by Member firms, and should not be viewed as all inclusive of sales transacted within the referenced time periods.
Leave a Reply