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June 2018 Greenville SC Real Estate Market

Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors®.

NAR chief economist, Lawrence Yun, pointed out that the solid economy and job market should be generating a much stronger sales pace but “Closings were down in a majority of the country last month and declined on an annual basis in each major region”. “Incredibly low supply continues to be the primary impediment to more sales, but there’s no question the combination of higher prices and mortgage rates are pinching the budgets of prospective buyers, and ultimately keeping some from reaching the market.” Read more

June 2018 Greenville SC Real Estate Market - NAR Info-graph for May 2018 from the NAR.
The Greater Greenville real estate market for May 2018 shows a significant increase over April 2018. Greenville saw a 22 percent increase in the number of homes sold and a 4 percent increase in the Average Sold Price between April and May.

Comparison Stats for May 2017/2018:

 Greenville SC Avg DOM # Units Sold Avg Sold Price
May 2017 52 1243 $ 222,335
May 2018 53 1406 $ 244,994
% Inc/Decrease +1.9% +13.1% +10.1%

National Real Estate Market

June 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 June 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.

June 2018 The Greater Greenville SC Real Estate Market

Posted in: Blog Tagged: greater greenville sc real estate market, may 2018 real estate market, real estate market

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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