Greenville, NC Market steady improvement report!

On my team, I am the numbers guy.  I love taking the statistics and figuring out the market trends based on these numbers.   Certain price ranges in greenville are out performing others by quit a bit.  For example it was not that long ago that the 100,000 to 200,000 price range had more than a years supply currently on the market, however by my latest research, it has dropped dramatically to a 6.2 month supply.  This is still not where it needs to be however if we keep moving at this pace we should see these numbers drop to more like 2 months in the next short while.  In some areas of town this price range is already showing around a 2 month supply.    The next price range showing the most improvement is the 200,000-300,000 range. According to my research we are around a 10 month supply currently, which is also a drastic improvement over the last 10 months.    As the supply continues to slowly dwindle away the prices will start to creep back up slowly from their recent decline.   Then even the price range of 300,000 to 400,000 which has by far experienced the biggest hit in the Greenville market downturn (currently at 25 month supply) will start getting some much needed improvement.  So here's to a much improved market and the continued daily improvement of the Greenville, NC market.