The Greater Greenville Real Estate Market – January 2018

The Greater Greenville Real Estate Market – January 2018

The cumulative historical statistics are in for the Greater Greenville Real Estate Market as of January 2018. This information is reflective of Residential Single Family and Condo/Townhouse sales. Please view the tables below:

Comparison Stats for January 1 – December 31, 2016/2017:

Avg DOM # Units Sold Avg Sold Price
Jan-Dec 2016 62 12,198 $212,306
Jan-Dec 2017 54 12,598 $227,262
% Inc/Decrease -12.9% +3.3% +7%

 

Comparison Stats for December 2016/2017:

Avg DOM # Units Sold Avg Sold Price
November 2016 64 933 $215,369
November 2017 59 1,034 $227,849
% Inc/Decrease -7.8% +10.8% +5.8%

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

LEARN MORE ABOUT GREENVILLE


National Real Estate Market

January 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 January 2018.

*Video by KW® Realty.

The Greater Greenville Real Estate Market – December 2017

The Greater Greenville Real Estate Market – December 2017

Home Survey for December 2017

The Greenville Real Estate market is doing well with an almost 6 percent increase in the number of homes sold in November 2017 as compared to November 2016. The average sold price also saw an increase of 7.5 percent!

Growella.com used data from more than 70 public resources, and built an algorithm for Millennials that shows the best places to live nationwide. The algorithm ranked Greenville number 9 out of 100! Nice! View the entire article at Growella.com.

According to the report Housing Opportunities and Market Experience December 2017  by the National Association of REALTORS®, 72 percent of people across all age, income, and types of geographic locations believe that now is a good time to buy a home. Forty-three percent believe that strongly. This is a decrease from 48 percent in Q3 2017 and 45 percent in Q4 2016.

the greater greenville real estate market report

If you are not into reading long reports with statistics and graphics are your forte then follow this link: Home Survey for December 2017.

Realor.org also reports that nationally, “Existing-home sales surged for the third straight month in November and reached their strongest pace in almost 11 years. All major regions except for the West saw a significant hike in sales activity last month.”

 


Greenville SC comparison stats for NOVEMBER 2016/2017:

Avg DOM # Units Sold Avg Sold Price
November 2016 57 932 $209,844
November 2017 53 986 $225,719
% Inc/Decrease -7% +5.7% +7.5%

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

LEARN MORE ABOUT GREENVILLE


National Real Estate Market

December 2017
“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 December 2017.

*Video by KW® Realty.

National Real Estate Market | November 2017

 

National Real Estate Market

November 2017
“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 November 2017.

*Video by KW® Realty.

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

Greater Greenville Real Estate Market | November 2017

The Greater Greenville Real Estate Market – November 2017

#3 The Best Small Cities by Condé Nast!

Greenville Real Estate Market-November 2017

Greenville SC continues to receive a lot of media attention. Recently we have been ranked number 3 on Condé Nast Traveler Readers’ Choice Awards for The Best Small Cities! These are cities with a population of under 1 million.

The real estate market for the Greater Greenville area is holding fairly steady. Residential sales saw an almost 7 percent increase in the average sold price from October 2016 to October 2017.

According to Realtor.org’s Regional Breakdown: “Existing-home sales in the South decreased 3.2 percent to an annual rate of 2.14 million in October, but are still 0.5 percent above October 2014. The median price in the South was $188,800, up 6.2 percent from a year ago.” In comparison to our southern neighbors, Greenville is doing very well!

For more information on reported  national sales in October follow this link: Existing-Home Sales Dial Back in October.


Greenville SC comparison stats for OCTOBER 2016/2017:

Avg DOM # Units Sold Avg Sold Price
October 2016 54 999 $214,515
October 2017 51 1001 $229,053
% Inc/Decrease -5.5% +0.2% +6.7%

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

National Real Estate Market | October 2017

National Real Estate Market – October 2017
“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 October 2017.

*Video by KW® Realty.

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

Greenville SC – A Hot Culinary Destination!

The Greater Greenville Real Estate Market – October 2017

Greenville SC – A Hot Culinary Destination!

The Greater Greenville real estate market shows a 7 percent increase in the average residential sold price for September 2017 over September 2016. However, the number of units sold in September 2017 has decreased about 3 percent since September of last year.

HUSK RestaurantIt is now the end of the third quarter for sales. A comparison between 2016 and 2017 shows a 3 percent increase in the number of units sold. 9,624 units sold in 2016 and 9,900 units sold in 2017. Also, 2017 saw a 7 percent increase in the average sold price from 2016. The average sold price in 2016 was $207,898 and the average sold price in 2017 is $221,961. Thus far, over all, Greenville is doing very well!

Did you know that there are 34 cities named Greenville in the United States? Who would have thought that our Greenville would now be considered a “hot culinary destination?” According to Garden&Gun, VacationIdea,  USA Today, The Charlotte Observer, and The Washington Post we are!

The article by The Washington Post noted the following:

“Greenville’s vibrant food scene has received praise from Zagat as an under-theradar Southern food destination and from Esquire as the next big food city of the South. Not to mention that chef Sean Brock, a James Beard Award winner, chose Greenville as the third location for his acclaimed restaurant, Husk, which is slated to open this fall/early winter.” Read more…


Greenville SC comparison stats for SEPTEMBER 2016/2017:

Avg DOM # Units Sold Avg Sold Price
September 2016 50 1153 $207,320
September 2017 44 1123 $221,604
% Inc/Decrease -12% -2.6% +6.8%

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

National Real Estate Market | September 2017

National Real Estate Market – September 2017
“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 September 2017.

*Video by KW® Realty.

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

Greater Greenville Real Estate Market | September 2017

One of the fastest growing cities in the country!

The Greater Greenville Real Estate Market

The Greater Greenville real estate market is doing well with an increase of more than 8 percent in the average sold price and number of units sold from August 2016 and August 2017. The current median list price of homes for sale is $259,900.

According to FortuneBuilders.com the “Greenville real estate market has taken today’s recovery and run with it. As a result, Greenville is now recognized as one of the fastest growing cities in the country. The local housing market is no exception. In the last three years, homes have appreciated an impressive 17.1 percent. However, in the last year alone, appreciation jumped from a modest 2.6 percent to today’s 6.6 percent. While appreciation has tempered, just like the rest of the United States, it is still heading in a positive direction…Price gains appear to be sustainable.” Read more…

Greenville SC comparison stats for AUGUST 2016/2017:

Avg DOM # Units Sold Avg Sold Price
August 2016 53 1154 $210,660
August 2017  47 1250 $ 229,014
% Inc/Decrease -11.3% +8.3% +8.7%


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

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.

 

Greater Greenville Real Estate Market | August 2017

The National Association of REALTORS® reports that existing-home sales in the South fell 3.0 percent in the second quarter but are 2.5 percent higher than the second quarter of 2016. The median existing single-family home price in the South was $229,400 in the second quarter, 6.7 percent above a year earlier. Nationally, the same quarterly report states that home prices jumped 6.2 percent in the second quarter.

The Greater Greenville area saw a 5 percent increase in the sold price for homes from the second quarter of 2017 over 2016. And the number of home sales stayed fairly even with 3,621 home sales in 2016 and 3,629 home sales in 2017. The NAR points out that the increase in the price for existing homes is because supply levels continue low nationally.

According to a new survey from the National Association of REALTORS®, 71 percent of Americans believe that now is a good time to sell their home!

Greenville SC comparison stats for JULY 2016/2017:

Avg DOM # Units Sold Avg Sold Price
July 2016 53 1176 $215,215
July 2017 48 1226 $227,749
% Inc/Decrease -9.4% +4.2% +5.8%


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


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