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

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

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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.

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.

National Real Estate Market | August 2017

 

National Real Estate Market
“This Month in Real Estate” – AUGUST 2017

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 August 2017.

*Video by KW® Realty.

Contact us at Carolina Mountain Real Estate to find out more about our local market conditions.

 

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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