For the week of November 8th to November 14th 2009, Simpsonville SC real estate market had 18 residential real estate that closed escrow. High list price for these sold homes (including Condos and Townhouses) was $399,900, Low list price was $39,000, Average list price was $191,588, Median list price was $171,700, and total list price volume was $3,448,600.
High sold price for these 18 sold residential homes was $404,250, Low sold price was $40,000, Average sold price was $185,322, Median sold price was $168,500, and total sold price volume was $3,335,800. High Days on Market (DOM) was 240 days, Low DOM was 11 days, Average DOM was 105 days, and Median DOM was 116 days.
There were 3 residential homes that went under Pending or Contingency Contract status in Simpsonville during this period. High list price for these homes was $387,500, Low list price was $45,000, Average list price was $165,833, Median list price was $65,000, and total volume was $497,500. High DOM for these Pending and Contingency contract homes was 26 days, Low DOM was 7 days, Average DOM was 14 days, and Median DOM was 10 days.
34 homes were newly listed in Simpsonville during this period. High list price price for these homes for sale was $799,000, Low list price was $79,900, Average list price was $259,540, Median list price was $222,000, and total new listings volume was $8,824,364.
Statistics used in this post was gathered from the Greater Greenville Association of Realtors inc. Multiple Listing System. These statistics may not include sales like new construction or For Sale by Owners that were brokered by member firms.
Remember: The $8,000 first-time Home Buyer Tax Credit has been extended to April 30th, and has also been expanded to include a $6,500 tax credit for move-up buyers who have occupied their home for at least five years.
In October 2009, there were a total of 596 residential single family homes including condo and townhouses sold in the Greater Greenville real estate market. This number is only one home less than the 597 homes that were sold in September 2009, but is 89 homes higher than the 507 homes sold in October 2008. Average price for these sold homes in October 2009 was $157,747, Median sold price was $137,000, and total sold price volume for October was $94,017,472. Average Days on Market(DOM) for October was 95 days, which is 7 days less than 105 days average DOM for September 2009. Greater Greenville includes Greenville, Simpsonville, Greer, Easley, Fountain Inn, Mauldin, Taylors, Travelers Rest, Piedmont, Landrum, Marietta, pelzer, some parts of Spartanburg County, Anderson County, Pickens County, Laurens County, and Oconee County).
Year to date from January 1st to October 31st 2009, there has been 5643 residential single family homes sold in the Greater Greenville real estate market. Average year-to-date sold price was $167,185, Median sold price was $140,000, and the total year-to-date sold volume was $943,423,701. Year-to-date DOM as of October 31st 2009 was 102 days.
As of November 10th 2009, 12 Month average units sold in Greater Greenville was 523 units. Average sold price was $168,633, Median sold price was $141,529, total sold volume was $88,183,958, and average DOM was 104 days.
There were a total of 6657 residential single family homes Actively for sale as of November 10th 2009. This is 88 homes less than the 6745 homes that were active as of October 10th 2009, which means that Greater Greenville inventory was reduced by 88 homes last month. Average list price for the active homes as of November 10th was $263,791, Median list price was $185,000, total list price volume was $1,756,057,797, and average DOM was 154 days.
The decrease in inventory, and average days on market can be attributed to the help $8,000 Home Buyer Tax Credit. This tax credit was supposed to expire on November 30th 2009, but has been extended April 30th 2010. The Home Buyer Tax Credit has also been expanded to move-up buyers who have occupied their home as a primary residence for at least five years. These move-up buyers will be eligible for a $6,500 tax credit.
Statistics shared in this post was gathered from the Greater Greenville Association of Realtors inc., and may not include certain sales like new construction and for sale by owners brokered by member firms.
Please Contact Victor Amadi at 864-525-0201 for your home's value, and for all your Greater Greenville real estate needs.
Greenville County SC Real Estate and Homes for Sale
On Thursday November 6th, President Obama signed into law the bill to extend and expand the homebuyer tax credit, provide tax refunds to companies losing money, and extend unemployment benefits.
This Home buyer tax credit includes the extension of the $8,000 first-time homebuyer tax credit, and the expansion of this tax credit to include move-up buyers who have lived in their home as a primary residence for at least 5 years. These move-up homebuyers will be eligible for a $6,500 tax credit.
Also, income limits will be increased to $225,000 for couples and $125,000 for an individual. This tax credit will expire on April 30th. Home buyers must sign a purchase agreement by this date, and close by June 30th, 2009. Maximum home purchase price is $800,000, and vacation homes are not eligible.
National Association of REALTORS estimates that approximately 2 million home buyers will take advantage of the $8,000 tax credit for first-time homebuyers this year. Greenville real estate market saw an increase in home sales, because it inspired those folks who were waiting for the right opportunity.
I definitely understand why many people will find this as the right opportunity to make a move, and take advantage of this tax credit. Who knows, for some home buyers it may also be the funding for that new business, or to pay for some education.
During the week of November 1st to November 7th 2009, the were 3 residential homes sold in Easley South Carolina. High list price for these sold listings was $245,000, Low list price was $127,000, Average list price was $203,966, Median list price was $239,900, and total list price volume was $611,900.
High sold price was $232,000, Low sold price was $120,000, Average sold price was $194,333, Median sold price was $231,000, and total sold volume was $583,000. High Days on Market (DOM) was 389 days, Low DOM was 37 days, Average DOM was 171 days, Median DOM was 87 days.
Also during this period, 1 home went under Pending or Contingent contract status. List price for this home is $330,000, and DOM was 27 days.
There were 18 homes that were newly listed in Easley. High list price was $385,000, Low list price was $27,000, Average list price was $180,171, Median list price was $160,900, and total list price volume for new listings was $3,243,094.
Don't forget that the Home Buyer Tax Credit has been extended to April 30th, and expanded to include move-up buyer. First-time home buyers are still eligible for an $8,000 tax credit. Also. move-up buyers who have occupied their home for at least five years and makes less than $225,000 combined($125,000 for individual), will be eligible for a $6,500 tax credit.
Please Contact Victor Amadi at 864-525-0201 for detailed neighborhood analysis to determine the value of your home, and for your Easley South Carolina real estate needs.
Statistics used in this post was gathered from the Greater Greenville Association os Realtors inc. Multiple Listing System. These statistics may not include sales like new construction and for sale by owners brokered by GGAR member firms.
Easley SC Real Estate Properties and Homes for Sale
During the week of November 1st to November 7th 2009, the were 6 residential homes sold in Greer South Carolina. High list price for these sold listings was $269,900, Low list price was $134,900, Average list price was $188,750, Median list price was $153,950, and total list price volume was $1,132,500.
High sold price was $270,500, Low sold price was $134,400, Average sold price was $186,633, Median sold price was $153,950, and total sold volume was $1,119,800. High Days on Market (DOM) was 169 days, Low DOM was 17 days, Average DOM was 53 days, Median DOM was 343 days.
Also during this period, 4 homes went under Pending or Contingent contract status. High list price was $549,900, Low list price was $125,000, Average list price was $247,925, Median list price was $158,400, and total Pending/Contingent contract volume was $991,700.
There were 22 homes that were newly listed in Greer South Carolina. High list price was $739,900, Low list price was $68,000, Average list price was $245,100, Median list price was $208,450, and total list price volume for new listings was $5,392,200.
Don't forget that the Home Buyer Tax Credit has been extended to April 30th, and expanded to include move-up buyer. Move-up buyers who have occupied their home for at least five years and makes less than $225,000 combined($125,000 for individual), will be eligible for a $6,500 tax credit.
Please Contact Victor Amadi at 864-525-0201 for detailed neighborhood analysis to determine the value of your home, and for your Easley South Carolina real estate needs.
Statistics used in this post was gathered from the Greater Greenville Association os Realtors inc. Multiple Listing System. These statistics may not include sales like new construction and for sale by owners brokered by GGAR member firms.
During the week of November 1st to November 7th 2009, the were 6 residential homes sold in Simpsonville South Carolina. High list price for these sold listings was $184,900, Low list price was $138,745, Average list price was $163,740, Median list price was $167,000, and total list price volume was $982,445.
High sold price was $177,500, Low sold price was $138,500, Average sold price was $157,883, Median sold price was $158,200, and total sold volume was $947,300 High Days on Market (DOM) was 433 days, Low DOM was 9 days, Average DOM was 127 days, Median DOM was 61 days.
Also during this period, 5 homes went under Pending or Contingent contract status. High list price was $550,000, Low list price was $63,500, Average list price was $214,460, Median list price was $114,900, and total Pending/Contingent contract volume was $1,072,300. High DOM was 137 days, Low DOM was 19 days, Average DOM was 73 days, and Median DOM was 63 days.
There were 38 homes that were newly listed in Simpsonville South Carolina. High list price was $679,800, Low list price was $65,000, Average list price was $274,098, Median list price was $223,200, and total list price volume for new listings was $10,415,725.
Don't forget that the Home Buyer Tax Credit has been extended to April 30th, and expanded to include move-up buyer. Move-up buyers who have occupied their home for at least five years and makes less than $225,000 combined($125,000 for individual), will be eligible for a $6,500 tax credit.
Please Contact Victor Amadi at 864-525-0201 for detailed neighborhood analysis to determine the value of your home, and for your Easley South Carolina real estate needs.
Statistics used in this post was gathered from the Greater Greenville Association os Realtors inc. Multiple Listing System. These statistics may not include sales like new construction and for sale by owners brokered by GGAR member firms.
During the week of November 1st to November 7th 2009, the were 75 residential homes sold in the Greater Greenville South Carolina real estate market. High list price for these sold listings was $799,999, Low list price was $7,900, Average list price was $153,608, Median list price was $132,900, and total list price volume was $11,520,669.
High sold price was $675,000, Low sold price was $7,600, Average sold price was $146,786, Median sold price was $129,900, and total sold volume was $11,008,975 High Days on Market (DOM) was 515 days, Low DOM was 0 days, Average DOM was 89 days, Median DOM was 51 days.
Also during this period, 54 homes went under Pending or Contingent contract status. High list price was $1,095,000, Low list price was $10,000, Average list price was $190,814, Median list price was $127,700, and total Pending/Contingent contract volume was $10,303,989. High DOM was 592 days, Low DOM was 1 day, Average DOM was 104 days, and Median DOM was 56 days.
There were 229 homes that were newly listed in Greenville South Carolina. High list price was $1,250,000, Low list price was $14,900, Average list price was $208,592, Median list price was $164,900, and total list price volume for new listings was $47,767,657.
Don't forget that the Home Buyer Tax Credit has been extended to April 30th, and expanded to include move-up buyer. Move-up buyers who have occupied their home for at least five years and makes less than $225,000 combined($125,000 for individual), will be eligible for a $6,500 tax credit.
Please Contact Victor Amadi at 864-525-0201 for detailed neighborhood analysis to determine the value of your home, and for your Easley South Carolina real estate needs.
Statistics used in this post was gathered from the Greater Greenville Association os Realtors inc. Multiple Listing System. These statistics may not include sales like new construction and for sale by owners brokered by GGAR member firms.
Greenville County SC Real Estate and Homes for Sale
During the week of October 25th to October 31st, there were 28 residential homes (including Condos and Townhouses) sold in Simpsonville. High list price for these 28 sold homes was $329,000, Low list price was $83,900, Average list price $187,032, Median list price was $173,455, and total list price volume was $5,236,896.
High sold price for these 28 listings was $327,000, Low sold price was $80,000, Average sold price was $181,731, Median sold price was $165,000, and total sold volume was $5,088,491. High Days on Market (DOM) was 235 days, Low DOM was 0 days, Average DOM was 69 days, and Median DOM was 47 days.
There were also 3 homes that went under a Pending or Contingency contract status in Simpsonville during this period. High list price for these homes was $219,000, Low list price was $113,900, Average list price was $165,933, Median list price was $164,900, and total volume for these homes that went under Pending or Contingent contract status was $497,800. High DOM was 76 days, Low DOM was 11 days, Average DOM was 52 days, Median DOM was 68 days.
23 homes were newly listed on the market in Simpsonville during the same period. High list price for these new listings was $465,000, Low list price was $45,000, Average list price was $225,338, Median list price was $224,990, and total volume was $5,182,790.
This information is based on statistics gathered from the Greater Greenville Association of Realtors in. Multiple Listing System. Statistics may not include sales like new construction or For Sale By Owners brokered by MLS member firms.
During the week of October 25th to October 31st, there were 24 residential homes (including Condos and Townhouses) sold in Greer South Carolina. High list price for these 24 sold homes was $529,900, Low list price was $65,000, Average list price $177,575, Median list price was $157,400, and total list price volume was $4,261,804.
High sold price for these 24 listings was $480,000, Low sold price was $57,000, Average sold price was $167,062, Median sold price was $142,000, and total sold volume was $4,009,500. High Days on Market (DOM) was 281 days, Low DOM was 4 days, Average DOM was 117 days, and Median DOM was 100 days.
There were also 5 homes that went under a Pending or Contingency contract status in Greer. High list price for these homes was $180,000, Low list price was $69,900, Average list price was $125,760, Median list price was $134,000, and total volume for these homes that went under Pending or Contingent contract status was $628,800. High DOM was 133 days, Low DOM was 8 days, Average DOM was 75 days, Median DOM was 101 days.
25 homes were newly listed on the market in Greer during the same period. High list price for these new listings was $715,500, Low list price was $77,900, Average list price was $280,819, Median list price was $219,990, and total volume was $7,020,490.
This information is based on statistics gathered from the Greater Greenville Association of Realtors in. Multiple Listing System. Statistics may not include sales like new construction or For Sale By Owners brokered by MLS member firms.
The US Senate just approved the legislation to extend and expand the homebuyer tax credit, provide tax refunds to companies losing money, and extend unemployment benefits. This legislation will now be forwarded to the House of Representatives, where it is expected to be quickly sent to the president to be signed into law.
There are over 2 million home buyers who have taken advantage of the current $8,000 tax credit for first-time homebuyers, which has made a big difference in the Greater Greenville real estate market.
This home homebuyer tax credit that just passed in the Senate includes the extension of the $8,000 first-time homebuyer tax credit, the expansion of this tax credit to include move-up buyers who have lived in their home as a primary residence for at least 5 years. These move-up homebuyers will be eligible for a $6,500 tax credit.
The extension and expansion of this tax credit should help further reduce our current residential listing inventory, which as of Oct. 10th was at 6745.
Also, Income limits will be increased to $225,000 for couples and $125,000 for an individual. This tax credit when signed into law by the president, will expire on April 30th, and only those folks buying homes less than $800,000 will be eligible.
If you intend to take advantage of this tax credit, this may be a good time to start making preparations.
What type of impact do you think extending and expanding the tax credit will make in the housing market?
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