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March 2019 Greater Greenville Real Estate Market

MARCH 2019 Greater Greenville Real Estate Market – February 2019 showed an interesting decrease of 1.4 percent in the Average Sold price from February 2018. The Average Sold Price also decreased 4.7 percent from January to February 2019. January 2019 reported an Average Sold Price of $242,462.

The number of Units Sold increased from January to February 2019. January reported 655 Units Sold and February reported 986 Units Sold. That’s a huge 50 percent increase!

Comparison Stats for FEBRUARY 2018 / 2019:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
FEBRUARY 2018 61 875 $ 234,302
FEBRUARY 2019 61 986 $ 230,922
Percentage -/+ 0% +12.6% -1.4%

Greenville is ranked among the Top 100 Best Places to live according to Livability.com’s Best Places to Live and Top 10 Best Downtowns in America. Livability.com noted that Greenville is a “city with a strong job market that helps draw many young professionals to live and work”.


National Real Estate Market

February 2019 experienced the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month.

Existing-home sales increased by 11.8 percent from January to a seasonally adjusted annual rate of 5.51 million in February. However, sales are down 1.8 percent from a year ago (5.61 million in February 2018).

Lawrence Yun, NAR’s chief economist, credited a number of aspects to the jump in February sales. “A powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound.”

Existing-home sales in the South grew 14.9 percent to an annual rate of 2.39 million in February, down 0.4 percent from last year. The median price in the South was $219,300, up 2.5 percent from a year ago.

Read more

March 2019 Greater Greenville SC Real Estate Market - NAR 2019 February Existing-Home Sales 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.

January 2019 Greater Greenville Real Estate Market

Posted in: Blog Tagged: greater greenville sc real estate market, greenville real estate, national real estate market

November 2018 Greater Greenville Real Estate Market

November 2018 Greater Greenville Real Estate Market – Greenville’s local market showed an increase in the Number of Units Sold (+3.6%) and Average Sold Price (3.8%) from September to October 2018.

Also, as the following table shows, the Number of Units Sold has increased by over 8 percent and the Average Sold Price over 5 percent from October 2017 to October 2018.

Comparison Stats for OCTOBER 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
October 2017  51 1004 $ 229,374
October 2018 48 1088 $ 240,984
Percentage -/+ -5.8% +8.3% +5%


National Real Estate Market

According to the National Association of Realtors® chief economist,Lawrence Yun, increasing housing inventory has brought more buyers to the market. “After six consecutive months of decline, buyers are finally stepping back into the housing market,” he said. “Gains in the Northeast, South and West – a reversal from last month’s steep decline or plateau in all regions – helped overall sales activity rise for the first time since March 2018.”

Existing-home sales in the South rose 1.9 percent to an annual rate of 2.15 million in October, down 2.3 percent from last year. The median price in the South was $221,600, up 3.8 percent from a year ago.

Read more

November 2018 Greenville SC Real Estate Market - NAR Existing-Home Sales October 2018

November 2018 Greenville SC Real Estate Market - NAR October 2018 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.

November 2018 Greater Greenville Real Estate Market

Posted in: Blog Tagged: greenville real estate, november 2018 greenville real estate market, real estate market

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

March 2018 Greater Greenville Real Estate Market

Greenville recently ranked number 39 on Livability’s 2018 Top 100 Best Place to Live. The site polls folks from around the nation to determine what consumers want: health care, affordable housing, shorter commute times and climate, just to name a few.
Then they “source the best public and private data available to find the small to mid-sized cities, towns and villages” that meet the standards mentioned previously of a Best Place to Live.

The article points out that Greenville ranked high due to our strong job market, education opportunities, health care, shopping, entertainment, etc. Read the full article for more details.

sunrise in the Blue Ridge Mountains


Comparison Stats for February 2017/2018:

Avg DOM # Units Sold Avg Sold Price
February 2017 72 784 $205,178
February 2018 62 870 $234,606
% Inc/Decrease -13.8% +10.9% +14.3%

LEARN MORE ABOUT GREENVILLE


National Real Estate Market

March 2018
“This Month in Real Estate”

This short video from KW® Realty highlights the most recent real estate market conditions in the US as of March 2018.

Knowing the current real estate market conditions can help you decide if you want to list your property or if it is a good time to buy.

*Video by KW® Realty.

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

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.

Posted in: Blog Tagged: greenville real estate, greenville sc real estate

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.

Contact Us

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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