January 2019 Greater Greenville Real Estate Market

drobertson

5 years ago

January 2019 Greater Greenville Real Estate Market – Like the rest of the US, existing-home sales for Greenville SC declined in the month of December.

December suffered a 6.8 percent decrease in the number of Units Sold from November. Interestingly, December 2018 showed an increase of 4.1 percent in the Average Sold Price of existing-homes.

Comparison Stats for DECEMBER 2017/2018:

Greenville SC Homes Sold	AVG DOM	# SOLD	AVG SOLD PRICE
December 2017	59	1069	$224,892
December 2018	65	989	$239,227
Percentage -/+	+10%	-7.4%	+6.3%

National Real Estate Market

The National Association of Realtors®After stated that after two consecutive months of increases, existing-home sales declined in the month of December. None of the four major U.S. regions saw a gain in sales activity last month.

December 2018 brought 4.99 million in sales, a median sales price of $253,600, and 3.7 months of inventory. The median sales price is up 2.9% year over year, and inventory is up 0.5% from December 2017. Sales are now down 10.3 percent from a year ago (5.56 million in December 2017)

All 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.