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December 2018 Greater Greenville Real Estate Market

December 2018 Greater Greenville Real Estate Market – our local real estate market showed an decrease in the Number of Units Sold (-2.3%) and Average Sold Price (-4.1%) from October to November 2018. Not surprising considering this was the start of the holiday season.

The Average Sold Price from October 2018 ($240,984) increased by 4.6 percent in November 2018 ($229,748).

 

Comparison Stats for November 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
November 2017  53 990 $ 225,992
November 2018  50 1062 $ 229,748
Percentage -/+ -5.6% +7.2% +1.6%


National Real Estate Market

Despite the fact that pending home sales saw a 0.7 percent drop in November and the current government shutdown, National Association of Realtors® chief economist, Lawrence Yun believes that there are good longer-term prospects for home sales.  He states: “Home sales in 2018 look to close out the year with 5.3 million home sales, which would be similar to that experienced in the year 2000. But given the 17 million more jobs now compared to the turn of the century, the home sales are clearly underperforming today. That also means there is steady longer-term growth potential.”

Read more

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

December 2018 Greenville SC Real Estate Market - NAR November 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.

December 2018 Greater Greenville Real Estate Market

Posted in: Blog Tagged: carolina mountain real estate, cliffs luxury real estate, housing market snapshot, national association of realtors, real estate

September 2018 Greenville SC Real Estate Market

According to the National Association of REALTORS® existing-home sales in the South decreased 0.4 percent to an annual rate of 2.23 million in August, up from 2.19 million a year ago. The median price in the South was $227,900, up 3.2 percent from a year ago.

The August 2018 Greenville SC Real Estate Market report shows that the median sales price for August was $201,425. This is an increase of 3.8 percent from August 2017 with a median sales price of $194,000.

The average sales price actually decreased from July to August. July 2018 reported an average of $253,060 and August 2018 reported an average of $239,391.

1,285 homes sold in July 2018 and 1,352 homes sold in August 2018. That’s an increase of over 5 percent in the number of units sold from July to August.

Comparison Stats for August 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
August 2017 47 1255 $ 229,342
August 2018 45 1352 $ 239,391
Percentage -/+ -4.2% +7.7% + 4.4%


National Real Estate Market

After four straight months of decline, existing-home sales remained steady in August. August 2018 brought 5.34 million in sales, a median sales price of $264,800, and 4.3 months of inventory. The median sales price is up 4.6% year over year, and inventory is up 0.2% from August 2017.  Sales are now down 1.5 percent from a year ago (5.42 million in August 2017).

According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased to 4.55 percent in August from 4.53 percent in July. The average commitment rate for all of 2017 was 3.99 percent.

Read more

August 2018 Greenville SC Real Estate Market - NAR August 2018 Existing-Home Sale Infographic

August 2018 Greenville SC Real Estate Market - NAR August 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.

Posted in: Blog Tagged: august 2018, august 2018 greenville real estate market, current real estate market greenville sc, national association of realtors, national real estate market, real estate greenville sc, 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.

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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