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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

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

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

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

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.

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

July 2018 Greenville SC Real Estate Market

July 2018 – The Greenville SC real estate market report shows home sales reported to the Greater Greenville Multiple Listing Service from May to June 2018 decreased 2.2 percent. However, the Average Sold Price for homes between May and June increased 1.7 percent.  Our local market is following the national trend with a shortage of homes available for sale while experiencing a slight hike in the Average Sold Price.

Local builders are happily super busy! We currently have 1,388 new/never lived in, under construction, or to-be-built homes on the market. The Average Listing Price is $293,949 and the median listing price is $254,900. Check out the link below to view these new homes for sale.

Comparison Stats for JUNE 2017/2018:

Greenville SC Homes Sold AVG DOM # SOLD AVG SOLD PRICE
June 2017 48 1353 $ 238,455
June 2018 44 1375 $ 249,182
Percentage -/+ -8.3 +1.6% +4.4


National Real Estate Market

Nationally, existing-home sales decreased for the third straight month in June. There were declines in the South and West, but gains in the Northeast and Midwest.

However, according to The National Association of REALTORS®, the ongoing supply and demand imbalance helped push June’s median sales price to a new all-time high at $276,900. NAR’s chief economist, Lawrence Yun, noted that closings inched backwards in June and fell on an annual basis for the fourth straight month. He also pointed out that the real estate market is suffering from a housing shortage.

Read more

July 2018 Greenville SC Real Estate Market - Existing Homes Sales: June 2018


New Homes for Sale in Greenville SC

422 Oak Hill $779,900

422 Oak Hill Belton, South Carolina

3 Beds 3 Baths 30 Acres

9 Hollingsworth $745,000

9 Hollingsworth Greenville, South Carolina

4 Beds 3 Baths

621 Crooked Trace $700,000

621 Crooked Trace Seneca, South Carolina

3 Beds 3 Baths 1.190 Acres

15 Cureton $639,900

15 Cureton Greenville, South Carolina

3 Beds 4 Baths 0.030 Acres

12349 Old White Horse $620,000

12349 Old White Horse Travelers Rest, South Carolina

4 Beds 4 Baths 1 Acres

10260 Highway 76 W $600,000

10260 Highway 76 W Laurens, South Carolina

3 Beds 3 Baths 13.200 Acres

315 Cannock $599,000

315 Cannock Greenville, South Carolina

3 Beds 3 Baths 0.190 Acres

331 Sabrewood $598,000

331 Sabrewood Pauline, South Carolina

3 Beds 3 Baths 1.710 Acres

505 Winona Church $595,000

505 Winona Church Donalds, South Carolina

4 Beds 3 Baths 10 Acres

318 Quail  Hunt $590,000

318 Quail Hunt Simpsonville, South Carolina

5 Beds 5 Baths

1 Jackson Park $565,000

1 Jackson Park Greenville, South Carolina

3 Beds 3 Baths 0.170 Acres

122 James Lake $559,000

122 James Lake Easley, South Carolina

4 Beds 4 Baths 0.570 Acres

225 Talon $549,900

225 Talon Taylors, South Carolina

5 Beds 4 Baths 0.150 Acres

4 Layken $489,995

4 Layken Simpsonville, South Carolina

3 Beds 2 Baths 0.180 Acres

17 Cloverfield $469,900

17 Cloverfield Simpsonville, South Carolina

3 Beds 2 Baths 0.150 Acres

View More New Construction

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: greenville sc new construction, greenville sc real esate market, national real estate market, national real estate video

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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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