Greenville NC Real Estate Sales Statistics - December 2010

By
Real Estate Agent with RE/MAX Preferred Realty

The 2011 real estate market forecast depends on who you talk to. There are conflicting signs but most experts predict a slow growth in sales nationwide. Real estate guru Barbara Corcoran has this to say about buying a home in 2011:

"Of course people are nervous about buying with so many mixed signals, but my advice would be: Do not wait. If there's one thing I learned about this real estate is that it's very slow to unwind and usually takes years to do it. But once it decides to turn around, those prices move up very quickly, and you'll just be joining every Tom, Dick and Harry bidding on the same house. If you have an inclination to move, you'll get no better time than now, with cheap money, cheap prices and an embarrassment of riches to choose from. Why wouldn't you buy now if you were so inclined? The only thing you need is a little courage."

Let's compare Dec 2010 to Dec 2009 real estate statistics to see what improvement has taken place in our local market.

Greenville NC real estate sales statistics for December that pending sales increased by 6% when compared to December 2009.  While the average sales price has decreased by 10% to $139,461.  Sold listings decreased by 30% from 2009 and new listings have decreased by 25%.  Market times have increased by 14 days or 8% from 2009.

 

Date

New
Listings

Pending
Listings

Sold
Listings

Average
Sales Price

DOM

Dec 2010

71

47

49

$139,461

173

Dec 2009

95

44

70

$155,182

159

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.

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