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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

February 2018 Greater Greenville Real Estate Market

From our beautiful Falls Park on the Reedy River in downtown Greenville to Pinnacle Mountain, the tallest mountain contained entirely within the state of South Carolina at 3,415 feet – the Upstate is a great place to live.

A recent article by The Washington Post brought out that “today it (Greenville) has a wide-ranging (and well-priced) food scene; quirky boutiques; outdoor cafes on bustling, tree-lined, pedestrian-friendly streets; art galleries; bike trails; ample urban green space; a public art collection with more than 70 sculptures; and the fastest-growing population of any city in the state.”

Our real estate market reflects that folks don’t just vacation hear, they call it home.

Comparison Stats for January 2017/2018:

Avg DOM # Units Sold Avg Sold Price
January 2017 58 679 $211,647
January 2018 58 780 $235,607
% Inc/Decrease 0% +14.9% +11.3%

 

LEARN MORE ABOUT GREENVILLE


National Real Estate Market

February 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 February 2018.

*Video by KW® Realty.

 G

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

r

eater Greenville Real Estate Market – February 2018

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

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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