The Greater Greenville Real Estate Market – November 2017
#3 The Best Small Cities by Condé Nast!
Greenville SC continues to receive a lot of media attention. Recently we have been ranked number 3 on Condé Nast Traveler Readers’ Choice Awards for The Best Small Cities! These are cities with a population of under 1 million.
The real estate market for the Greater Greenville area is holding fairly steady. Residential sales saw an almost 7 percent increase in the average sold price from October 2016 to October 2017.
According to Realtor.org’s Regional Breakdown: “Existing-home sales in the South decreased 3.2 percent to an annual rate of 2.14 million in October, but are still 0.5 percent above October 2014. The median price in the South was $188,800, up 6.2 percent from a year ago.” In comparison to our southern neighbors, Greenville is doing very well!
For more information on reported national sales in October follow this link: Existing-Home Sales Dial Back in October.
| Avg DOM | # Units Sold | Avg Sold Price | |
| October 2016 | 54 | 999 | $214,515 |
| October 2017 | 51 | 1001 | $229,053 |
| % Inc/Decrease | -5.5% | +0.2% | +6.7% |