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Greater Greenville SC November 2010 Housing Market Update

By Victor Amadi

Real Estate Broker/Owner with PRODUCER Realty, LLC

December 28, 2010 02:40 PM

The Greater Greenville SC residential Real Estate market statistics shows that there were 423 residential single family homes (includes Condos/Townhouses and Mobile homes) sold in November 2010. Average price for these sold Greater Greenville homes was $169,064, median price was $143,000, total volume was $71,514,095, and the average days on market (DOM) was 108 days. At 423 units sold, that is a -27.2% change from the 581 units that were sold in November 2009. These homes were sold at 89.7% of the list price.

Year to date (YTD) from January 1st to November 30th 2010, there were 6075 homes sold in the Greater Greenville MLS. Which is a -2.8% change from the 6251 units sold for the same YTD in 2009. Average November 2010 YTD sales price was $172,665, median sales price was $143,500, total volume was $1,048,936,923, and average DOM is 103 days. YTD percent of original list price received at sale is 91.1%.

There were 945 new listings added to the Greater Greenville MLS system in November, and as of December 10th 2010, there were 6827 residential single family homes available for sale in the Greater Greenville MLS. This is a +5.6% change from the same period last year at 6465 units active for sale. Average list price for these available homes for sale in Greater Greenville is $240,105, median list price is $169,900, total volume is $1,639,195,410, and average DOM is 172 days.

Currently, there are 13 months worth of inventory available for sale. Home buyers have a wide range of home choices, like new homes, basement homes, homes on a golf course, homes on a lake, equestrian homes, mountain and mountain view homes, gated community homes, homes with swimming pool, historic homes for sale, and more. This means that if you are looking for a Greenville area home for sale, you can almost always find your perfect home.

Contact me at 864-525-0201 with your questions about Greater Greenville SC Real Estate or to get a qualified REALTOR® working for you. Are you ready to get your Greater Greenville SC home sold? Get Your FREE Home Evaluation or call me for our complete marketing system.

Greater Greenville area includes Greenville, Simpsonville, Greer, Taylors, Mauldin, Fountain Inn, Travelers Rest, Marietta, Easley, all of Greenville County, parts of Anderson County, Pickens County, Union County, Spartanburg County, Laurens County and Oconee County. These are homes listed in the Greater Greenville Association of REALTORS (GGAR) Multiple Listing System (MLS).

Statistics used in this post were gathered from the Greater Greenville Association of Realtors inc. Multiple Listing System. These statistics may not include sales like new construction, For Sale by Owners that were brokered by member firms and sales reported after December 10th. All information are deemed reliable but not guaranteed.