Special offer

Greenville NC Real Estate Sales Statistics - October 2009

By
Real Estate Agent with RE/MAX Preferred Realty

Congress has voted to extend the current higher Fannie Mae, Freddie Mac and FHA loan limits through 2010. The present loan limits would expire at the end of 2009 and revert to previous lower limits. The higher limits, along with the home buyer tax credit extension, are necessary to keep the markets moving at this critical time," said National Association of Realtors President Charles McMillan.

"Home sales have shown significant movement upwards in the past six months and reduced inventory in some segments of the housing market, but not in all. Home purchases in the middle-income and higher brackets have not moved much, and those markets must improve before we can experience a fully sustained housing recovery. These higher loan limits will help motivate qualified home buyers to purchase in those markets," McMillan said.

Let's look at October Greenville NC real estate sales in October to see how the housing recovery is progressing locally.

Greenville NC real estate sales statistics for October show that the average sales price has increased by 3% to $186,144.  While pending sales have increased by 34% compared to October 2008 and sold listings increased by 35% from 2008.  Market times increased by 32 days or 21% from 2008. 

Date

New
Listings

Pending
Listings

Sold
Listings

Average
Sales Price

DOM

Oct 2009

92

74

68

$186,144

150

Oct 2008

117

49

44

$181,191

118

 Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.

Search all Greenville NC homes for sale.

Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed. 

Comments (0)