A number of research studies have shown that home ownership provides social and societal benefits. Not only is home ownership one of the best ways to build long-term wealth, providing resources for a more comfortable retirement, but it also fosters an immeasurable sense of community and stability vital to growing families.

NAR’s "Social Benefits of Homeownership and Stable Housing" report reveals that home owners are happier and healthier. They tend to vote more, volunteer more and contribute more to their neighborhoods. Home owners do not move as frequently as renters, which encourages more neighborhood stability, and children of home owners are more likely to participate in organized activities and spend less time in front of the television.

Now take a look at how the Greenville NC real estate market performed in August.

Greenville NC real estate sales statistics for August saw the average sales price decrease by 8% to $174,620 when compared to August 2010.  The sold listings have decreased by 8%.  New listings have decreased by 4% when compared to 2010 and pending sales have decreased by 37%.  Market times increased by 28 days or 20% from August 2010.

Date New
Listings
Pending
Sales
Sold
Listings
Average
Sale Price
DOM
August 2011 105 52 59 $ 174,620 138
August 2010 109 83 64 $ 189,485 110

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

Search all Greenville NC real estate and homes for sale.

Whether you are considering buying a home, selling a home or both, Liz Freeman knows the Greenville, North Carolina area inside and out.  Most of her team members were born and raised in Pitt County, NC which has provided them with strong ties to the area, allowing them to become a successful Greenville NC real estate team.

Liz Freeman and her team have distinguished themselves as leaders in the Greenville NC  real estate market. Liz assists buyers looking for Greenville NC real estate for sale and aggressively markets Greenville NC homes for sale. Liz is also a Certified Distressed Property Expert (CDPE), avoid foreclosure and short sale expert, committed to helping families in financial hardship find options to foreclosure. For more information you can visit Liz Helps.com. You can reach Liz by filling out her online contact form or give her a call.

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