February 2019 Greater Greenville Real Estate Market

FEBRUARY 2019 Greater Greenville Real Estate Market – January 2019 saw a sharp decrease of 33.7 percent in the total number of units sold between December 2018 and January 2019. However, there was a 1.3 percent increase in the Average Sold Price.

Existing-home sales in the South dropped 1.0 percent to an annual rate of 2.08 million in January, down 8.4 percent from last year. The median price in the South was $214,800, up 2.5 percent from a year ago.

Comparison Stats for JANUARY 2018 / 2019:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
JANUARY 2018 57 814 $231,359
JANUARY 2019 65 655 $242,462
Percentage -/+ +14% -19% +4.7%

National Real Estate Market

According to the National Association of Realtors®, Existing-Home sales experienced a minor drop for the third consecutive month in January. Of the four major U.S. regions, only the Northeast saw an uptick in sales activity last month. Total existing-home sales decreased 1.2 percent from December to a seasonally adjusted annual rate of 4.94 million in January. Sales are now down 8.5 percent from a year ago (5.40 million in January 2018).

NAR’s chief economist, Lawrence Yun, points out that the market is still suffering from an inventory shortage. “In particular, the lower end of the market is experiencing a greater shortage, and more home construction is needed…”

Read more

February 2019 Greater Greenville Real Estate Market - NAR Existing-Homes Dales January 2019

February 2019 Greater Greenville Real Estate Market - NAR January 2019 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.

January 2019 Greater Greenville Real Estate Market

January 2019 Greater Greenville Real Estate Market

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)

Read more

January 2019 Greater Greenville Real Estate Market - Existing Home Sales December 2018 NAR

January 2019 Greater Greenville Real Estate Market - December 2018 Housing Snapshot NAR


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

August 2018 Greenville SC Real Estate Market

August 2018 – The Greenville SC real estate market report shows the number of homes sold has decreased by 8 percent from June to July 2018 with 1,375 units sold in June and 1,263 units sold in July. Not surprising given this is the time when families are finishing up vacation and readying their young ones to transition into another school year. However, the Average Sold Price for homes between June and July increased yet again by 1.5 percent.

A yearly comparison between June 2017 and June 2018 shows an 11 percent increase in the Average Sold Price for homes and a 2 and half percent increase in the number of units sold last year.

Comparison Stats for JULY 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
July 2017 48 1232 $ 227,640
July 2018 48 1263 $ 252,993
Percentage -/+ 0 % +2.5% +11%

National Real Estate Market

Nationally, home sales decreased for the fourth straight month in July to their slowest pace in over two years. The West was the only major region with an increase in sales.

The NAR report pointed out that “continuous solid gains in home prices have now steadily reduced demand.” So, would-be buyers are being priced out of the market waiting for prices to fall.

Read more

August 2018 Greenville SC Real Estate Market - NAR Existing Homes Sales July 2018

August 2018 Greenville SC Real Estate Market - NAR July 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.

May 2018 Greenville SC Real Estate Market

The National Association of Realtors® reported that after moving upward for two straight months, existing-home sales nationally retreated in April on both a monthly and annualized basis. All four major regions (South, West, Midwest, & Northeast) saw no gain in sales activity last month.

The Greenville SC Real Estate market was no exception. A comparison between March and April 2018 shows a decrease of 4.9 percent in the number of units sold and a very slight decrease of 0.8 percent in the Average Sold Price. However, from April of last year, both the number of units sold and the Average Sold Price has increased as shown in the numbers below.

April 2018 Existing Homes Sales

Comparison Stats for April 2017/2018:

 Greenville SC Avg DOM # Units Sold Avg Sold Price
April 2017 60 1035 $218,732
April 2018 55 1148 $234,704
% Inc/Decrease -8.3% +10.9% +7.3%

Caesars Head State Park

At 3,208 feet above sea level, Caesars Head State Park is a granitic gneiss outcropping atop the Blue Ridge Escarpment.

From this dramatic ledge, safely behind a strong fence, you have a panoramic view of the Blue Ridge Mountains and surrounding country, which includes (as seen in the accompanying photo) Table Rock State Park and Table Rock Reservoir.

LEARN MORE ABOUT GREENVILLE

National Real Estate Market

May 2018
“This Month in Real Estate”

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.

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

*Video by KW® Realty.

*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.

April 2018 Greenville SC Real Estate Market

The National Association of Realtors® reported that although March showed a 1.1 increase in homes sales, nationally homes sales are 1.2 percent below a year ago.

The Greenville market in comparison shows an 8 percent increase in  home sales between the 1st Quarter 2017 and 2018, as well as a 3 percent increase in home sales in March. The Greenville market continues to expand!

2018 Infographic from NAR.

Comparison Stats for March 2017/2018:

Greenville SC Avg DOM # Units Sold Avg Sold Price
March 2017 61 1168 $212,397
March 2018 61 1208 $236,628
% Inc/Decrease 0% +3.4% +11.4%

Comparison Stats for 1st Quarter 2017/2018:

Greenville SC Avg DOM # Units Sold Avg Sold Price
1st Quarter 2017 63 2663 $208,754
1st Quarter 2018 60 2894 $234,223
% Inc/Decrease -4.7% +8.6% +12.2%

National Real Estate Market

April 2018
“This Month in Real Estate”

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

*Video by KW® Realty.

*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.

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.

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
 
 

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