The Greater Greenville Real Estate Market – October 2017

Greenville SC – A Hot Culinary Destination!

The Greater Greenville real estate market shows a 7 percent increase in the average residential sold price for September 2017 over September 2016. However, the number of units sold in September 2017 has decreased about 3 percent since September of last year.

It is now the end of the third quarter for sales. A comparison between 2016 and 2017 shows a 3 percent increase in the number of units sold. 9,624 units sold in 2016 and 9,900 units sold in 2017. Also, 2017 saw a 7 percent increase in the average sold price from 2016. The average sold price in 2016 was $207,898 and the average sold price in 2017 is $221,961. Thus far, over all, Greenville is doing very well!

Did you know that there are 34 cities named Greenville in the United States? Who would have thought that our Greenville would now be considered a “hot culinary destination?” According to Garden&Gun, VacationIdea,  USA Today, The Charlotte Observer, and The Washington Post we are!

The article by The Washington Post noted the following:

“Greenville’s vibrant food scene has received praise from Zagat as an under-theradar Southern food destination and from Esquire as the next big food city of the South. Not to mention that chef Sean Brock, a James Beard Award winner, chose Greenville as the third location for his acclaimed restaurant, Husk, which is slated to open this fall/early winter.” Read more…

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Greenville SC comparison stats for SEPTEMBER 2016/2017:

	Avg DOM	# Units Sold	Avg Sold Price
September 2016	50	1153	$207,320
September 2017	44	1123	$221,604
% Inc/Decrease	-12%	-2.6%	+6.8%

*All information/graphs from the Greater Greenville Association of Realtors® or The National Association of Realtors®.