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October 2018 Greater Greenville Real Estate Market

October 2018 Greater Greenville Real Estate Market – our local market showed a significant decrease in the number of units sold between August and September. 1,352 homes sold in August and only 1,050 in September. That’s a decrease of 22 percent. The Average Sold Price also suffered a minor decrease of 3%.

According to the NAR existing-home sales in the South decreased 5.4 percent to an annual rate of 2.11 million in September, down from 2.12 million a year ago. The median price in the South was $223,900, up 3.0 percent from a year ago.

Comparison Stats for SEPTEMBER 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
September 2017 44 1128 $ 221,654
September 2018 44 1050 $ 232,011
Percentage -/+ 0% -6.9% +4.6%


National Real Estate Market

According to the National Association of Realtors®, all four major regions saw no gain in sales activity last month. Existing-home sales declined in September after a stagnant August.

Total existing-home sales fell 3.4 percent from August to a seasonally adjusted rate of 5.15 million in September. Sales are now down 4.1 percent from a year ago (5.37 million in September 2017). NAR chief economist, Lawrence Yun, says rising interest rates have led to a decline in sales across all regions of the country.

Read more

October 2018 Greater Greenville Real Estate Market - NAR Existing Home Sales for September 2018 Infographic

October 2018 Greater Greenville Real Estate Market - NAR September Housing Snapshot


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.

October 2018 Greater Greenville Real Estate Market

Posted in: Blog Tagged: greenville real estate, homes sold september 2018 greenville sc, national real estate market, national real estate video

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About Us

Carolina Mountain Real Estate is a boutique real estate firm where every decision is centered on developing personal relationships based on honesty, integrity and real estate professionalism. We offer a seasoned sales and listing staff with a combined total of 50+ years of experience.

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3598 Highway 11, Suite 108
Travelers Rest, SC 29690
 
(864) 610-0775
 
info@carolinamountainre.com

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Information contained in this web site is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal notice. Prices and availability subject to change. All specifications supplied by builder/seller, and subject to change or modification. Membership classification and availability are subject to change. It is the responsibility of the buyer or buyer's agent to verify.
- W. David Robertson, Broker-in-Charge / Carolina Mountain Real Estate, LLC

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