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

Greater Greenville Real Estate Market | September 2017

One of the fastest growing cities in the country!

The Greater Greenville Real Estate Market

The Greater Greenville real estate market is doing well with an increase of more than 8 percent in the average sold price and number of units sold from August 2016 and August 2017. The current median list price of homes for sale is $259,900.

According to FortuneBuilders.com the “Greenville real estate market has taken today’s recovery and run with it. As a result, Greenville is now recognized as one of the fastest growing cities in the country. The local housing market is no exception. In the last three years, homes have appreciated an impressive 17.1 percent. However, in the last year alone, appreciation jumped from a modest 2.6 percent to today’s 6.6 percent. While appreciation has tempered, just like the rest of the United States, it is still heading in a positive direction…Price gains appear to be sustainable.” Read more…

Greenville SC comparison stats for AUGUST 2016/2017:

Avg DOM # Units Sold Avg Sold Price
August 2016 53 1154 $210,660
August 2017  47 1250 $ 229,014
% Inc/Decrease -11.3% +8.3% +8.7%


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

Top Ten Best Places to Retire

 Top Ten Best Places to Retire

Greenville SC

36 million Americans will turn 65 within the next decade.  Future retirees are looking for a great place to live that also offers great value.  Such terms are relative but for most of us climate and economics will have a great impact on our decision.

According to a report recently published by AARP, Greenville SC is ranked 4th among the top ten best places to retire in the United States. Why? Because its location in the northwest corner of the state offers a temperate climate where you can live comfortably yet inexpensively. Entertainment, dining, and shopping are all easily accessible.

Note some facts about Greenville:

  • Greenville County Population: 467,605

  • City of Greenville Population: 61,188

  • Median Home Price Range: $127,600

  • Median Mortgage Payment: $487

  • Median Property Tax: $753 

 

  • Average annual temp: 60 F

  • Average rainfall: 49 inches

  • Average annual snowfall: <6 inches

  • Average monthly maximum temp: 71 F

  • Average monthly minimum temp: 50 F

Come and find out why Greenville SC is a great place to live!

All statistics are approximate and taken from Greenville City Data, US Census Bureau, or MarketWatch.com

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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