There are several factors to consider when buying or selling Greenville South Carolina Real Estate or Upstate SC Real Estate, here are some statistics to help you when buying or selling Greenville SC Real Estate:
In December 2008, there were 491 units sold in the Greater Greenville Real Estate market. This number is (-28.8%) less than the 690 units sold in December 2007. The total volume was $83,540,986 in December 2008 vs. $129,101,626 in December 2007, with an average price of $170,145 in December 2008 vs. $187,104 in December 2007. Average Days on the Market(DOM) was 111 days in December 2008 vs. 97 days in December 2007.
Between January 1st - December 31st 2008, there were a total of 8,021 units sold the Greater Greenville SC Real Estate market. If you compared that number to the same time in 2007 at 10,058, that is (-20.2%). The volume was $1,474,391,263 (-21.3). Average price was $183,816(-1.3%), and Average DOM of 96 days Versus: Volume of $1,872,436,400, Average price of $186,164, and Average DOM of 87 days for Jan 1st - December 31st 2007.
ACTIVE GREATER GREENVILLE SC HOMES FOR SALE:
As of January 12th of 2009, there were 6,514(+6.4%) Single Family Homes for sale, Condominiums for sale, and Townhomes for sale in the Greater Greenville Real Estate market. The Volume is $1,724,356,178 (+10.8%), Average price is $264,715(+4.1%), and Average DOM is 147 days. Compared to January 10th 2008 at 6,123 actives, the Volume was $1,556,605,496, Average price was $254,223, and Average DOM was 121 days.
WHAT DOES THIS MEAN TO THE VALUE OF YOUR HOME?
Right now, the Greenville SC Real Estate market is shifting in favor of the buyer, so there are more Greenville South Carolina homes on the market than there are buyers willing to buy. If you are considering selling your Greenville SC home, you should make sure that you have it priced right according to the market. This is no time to overprice your home for sale. Not only does your home need to be priced correctly, it also needs to stand out above the competition. So, you should consider having your home professionally staged, or at least give it a very nice cleaning, and spruce up the landscaping, etc.
Keep in mind that the value of your home is not soley determined by the statistics shared on this blog. To get a no obligation, Free Maximum Home Value Audit of your home, feel free to contact me either by email at Victor@TheProducerTeam.com or call me directly at 864-525-0201. Also, feel free to visit the Seller section of our website at www.TheProducerTeam.com/Selling.
If you are interested in purchasing Greenville SC real estate, contact me or visit my website at: www.TheProducerTeam.com to browse through over 12,000 Greater Greenville SC Homes for sale.
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Information, and the stats was from Greater Greenville Association of Realtors. The opinion shared here was believed to be relevant at the time at the time of this post, but may not be relevant in the future.
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